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 2016

THE LODDON BREWERY LTD Registered Number 04512023

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 55,055 68,188
55,055 68,188
Current assets
Stocks 63,754 63,024
Debtors 73,240 131,293
Cash at bank and in hand 7,885 2,104
144,879 196,421
Creditors: amounts falling due within one year (115,171) (162,815)
Net current assets (liabilities) 29,708 33,606
Total assets less current liabilities 84,763 101,794
Creditors: amounts falling due after more than one year (89,518) (62,094)
Provisions for liabilities (6,774) (7,384)
Total net assets (liabilities) (11,529) 32,316
Capital and reserves
Called up share capital 2 2
Profit and loss account (11,531) 32,314
Shareholders' funds (11,529) 32,316
  • For the year ending 31 January 2016 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 24 February 2016

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 2016

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 2015 244,197
Additions 2,018
Disposals -
Revaluations -
Transfers -
At 31 January 2016 246,215
Depreciation
At 1 February 2015 176,009
Charge for the year 15,151
On disposals -
At 31 January 2016 191,160
Net book values
At 31 January 2016 55,055
At 31 January 2015 68,188