Silver Street Brewery Limited - Accounts to registrar (filleted) - small 18.2
Silver Street Brewery Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2021 |
| for |
| SILVER STREET BREWERY LIMITED |
| SILVER STREET BREWERY LIMITED (REGISTERED NUMBER: 09877501) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SILVER STREET BREWERY LIMITED |
| Company Information |
| for the Year Ended 31 March 2021 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Northern Assurance Buildings |
| 9-21 Princess Street |
| Manchester |
| M2 4DN |
| SILVER STREET BREWERY LIMITED (REGISTERED NUMBER: 09877501) |
| Balance Sheet |
| 31 March 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 5 |
| Current assets |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| SILVER STREET BREWERY LIMITED (REGISTERED NUMBER: 09877501) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2021 |
| 1. | Statutory information |
| Silver Street Brewery Limited is a |
| 2. | Statement of compliance |
| 3. | Accounting policies |
| Basis of preparing the financial statements |
| Going concern |
| As at 31 March 2020 the company had net current liabilities of £143,804 (2020 - £124,871). COVID-19 introduced a level of business disruption during the year to 31 March 2021 which has continued after the end of the financial year. The company is dependent on the continued support of the director and a company associated with the director who have confirmed their commitment to continue to provide the necessary support as long as the company needs it. |
| On this basis the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that might be necessary if the further support was not provided. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Debtors receivable and creditors payable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Profit and Loss Account in administrative expenses. |
| 4. | Employees and directors |
| The average number of employees during the year was |
| SILVER STREET BREWERY LIMITED (REGISTERED NUMBER: 09877501) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2021 |
| 5. | Tangible fixed assets |
| Plant and |
| machinery |
| £ |
| Cost |
| At 1 April 2020 |
| and 31 March 2021 |
| Depreciation |
| At 1 April 2020 |
| Charge for year |
| At 31 March 2021 |
| Net book value |
| At 31 March 2021 |
| At 31 March 2020 |
| 6. | Debtors: amounts falling due within one year |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | Creditors: amounts falling due within one year |
| 2021 | 2020 |
| £ | £ |
| Trade creditors |
| Amounts owed to associates | 144,837 | 123,155 |
| Taxation and social security |
| Other creditors |
| 8. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary | £1 | 3 | 3 |
| 9. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 April 2020 | ( |
) |
| Deficit for the year | ( |
) |
| At 31 March 2021 | ( |
) |