REGISTERED NUMBER: 04867401 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

A & D SCOTT PUBLIC HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D B Scott

A T Scott

SECRETARY:

A T Scott

REGISTERED OFFICE:

The Stables

23b Lenten Street

Alton

Hampshire

GU34 1HG

REGISTERED NUMBER:

04867401 (England and Wales)

ACCOUNTANTS:

LFM

Chartered Certified Accountants

The Stables

23b Lenten Street

Alton

Hampshire

GU34 1HG

FIXED ASSETS

Intangible assets

4

3,447

4,021

Tangible assets

5

1,052

1,404

4,499

5,425

CURRENT ASSETS

Stocks

2,268

2,177

Debtors

6

2,055

249

Cash at bank

6

6

4,329

2,432

CREDITORS

Amounts falling due within one year

7

21,836

17,114

NET CURRENT LIABILITIES

(17,507

)

(14,682

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,008

)

(9,257

)

PROVISIONS FOR LIABILITIES

211

281

NET LIABILITIES

(13,219

)

(9,538

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(13,221

)

(9,540

)

SHAREHOLDERS' FUNDS

(13,219

)

(9,538

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 June 2018 and were signed on its behalf by:

D B Scott - Director

1.	STATUTORY INFORMATION

A & D Scott Public House Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2016

and 30 September 2017

11,484

AMORTISATION

At 1 October 2016

7,463

Charge for year

574

At 30 September 2017

8,037

NET BOOK VALUE

At 30 September 2017

3,447

At 30 September 2016

4,021

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2016

and 30 September 2017

11,566

DEPRECIATION

At 1 October 2016

10,162

Charge for year

352

At 30 September 2017

10,514

NET BOOK VALUE

At 30 September 2017

1,052

At 30 September 2016

1,404

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

2,055

249

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

6,879

3,678

Trade creditors

1,668

4,204

Taxation and social security

2,204

1,980

Other creditors

11,085

7,252

21,836

17,114

8.	RELATED PARTY DISCLOSURES

There were no related party transactions during the financial year.

9.	ULTIMATE CONTROLLING PARTY

No individual had ultimate control of the company in the period of these financial statements.

10.	GOING CONCERN

The accounts have been prepared on going concern basis as in the opinion of the directors, the company will

become profitable in future years. The directors intend to support the company for the foreseeable future.