The Brewery Management Company Ltd Filleted accounts for Companies House (small and micro)

THE BREWERY MANAGEMENT COMPANY LTD - Company Information

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COMPANY REGISTRATION NUMBER: 04023347

The Brewery Management Company Ltd

Filleted Unaudited Financial Statements

31 December 2017

The Brewery Management Company Ltd

Financial Statements

Year ended 31 December 2017

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

The Brewery Management Company Ltd

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of The Brewery Management Company Ltd

Year ended 31 December 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Brewery Management Company Ltd for the year ended 31 December 2017, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

UHY HACKER YOUNG Chartered Accountants

St John's Chambers Love Street Chester Cheshire CH1 1QN

10 September 2018

The Brewery Management Company Ltd

Statement of Financial Position

31 December 2017

	2017	2016
Note	£	£

Current assets

Debtors	4	6,506	4,837
Cash at bank and in hand		15,248	9,402
		---------	---------
		21,754	14,239

Creditors: amounts falling due within one year	5	8,321	5,586
		---------	---------
Net current assets		13,433	8,653
		---------	--------
Total assets less current liabilities		13,433	8,653
		---------	--------
Net assets		13,433	8,653
		---------	--------

The Brewery Management Company Ltd

Statement of Financial Position (continued)

31 December 2017

	2017	2016
Note	£	£

Capital and reserves

Called up share capital	21	21
Wall fund	5,250	–
Sinking fund	8,162	10,454
Profit and loss account	–	( 1,822)
	---------	---------
Shareholders funds	13,433	8,653
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 10 September 2018 , and are signed on behalf of the board by:

Mr MW Thompson

Director

Company registration number: 04023347

The Brewery Management Company Ltd

Notes to the Financial Statements

Year ended 31 December 2017

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 15 Lower Bridge Street, Chester, CH1 1RS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the total amount received by the company from the property owners of The Brewery to cover expenditure on services provided and future maintenance costs.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Debtors

	2017	2016
	£	£
Trade debtors	3,065	1,671
Other debtors	3,441	3,166
	--------	--------
	6,506	4,837
	--------	--------

5. Creditors: amounts falling due within one year

	2017	2016
	£	£
Trade creditors	–	911
Other creditors	8,321	4,675
	--------	--------
	8,321	5,586
	--------	--------