Abbreviated Company Accounts - THE LODDON BREWERY LTD

Abbreviated Company Accounts - THE LODDON BREWERY LTD

THE LODDON BREWERY LTD - Company Information

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Registered Number 04512023

THE LODDON BREWERY LTD

Abbreviated Accounts

31 January 2015

THE LODDON BREWERY LTD Registered Number 04512023

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 68,188 82,213
68,188 82,213
Current assets
Stocks 63,024 38,603
Debtors 131,293 116,370
Cash at bank and in hand 2,104 19,601
196,421 174,574
Creditors: amounts falling due within one year (210,825) (206,846)
Net current assets (liabilities) (14,404) (32,272)
Total assets less current liabilities 53,784 49,941
Creditors: amounts falling due after more than one year (14,084) (27,250)
Provisions for liabilities (7,384) (8,245)
Total net assets (liabilities) 32,316 14,446
Capital and reserves
Called up share capital 2 2
Profit and loss account 32,314 14,444
Shareholders' funds 32,316 14,446
  • For the year ending 31 January 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 March 2015

And signed on their behalf by:
C Hearn, Director

THE LODDON BREWERY LTD Registered Number 04512023

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is
provided at rates calculated to write off the cost less estimated residual value of each asset over its
expected useful life, as follows:
Leasehold improvements 12.5% straight line
Plant and machinery 5% straight line
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 February 2014 242,910
Additions 1,287
Disposals -
Revaluations -
Transfers -
At 31 January 2015 244,197
Depreciation
At 1 February 2014 160,697
Charge for the year 15,312
On disposals -
At 31 January 2015 176,009
Net book values
At 31 January 2015 68,188
At 31 January 2014 82,213