Quantock Brewery Ltd
|
Registered number: |
06859482
|
Abbreviated Balance Sheet |
as at 31 March 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
7,000 |
|
|
7,500 |
Tangible assets |
3 |
|
|
17,065 |
|
|
20,774 |
|
|
|
|
24,065 |
|
|
28,274 |
|
Current assets |
Stocks |
|
|
4,750 |
|
|
5,000 |
Debtors |
|
|
35,375 |
|
|
22,225 |
Cash at bank and in hand |
|
|
7,519 |
|
|
4,850 |
|
|
|
47,644 |
|
|
32,075 |
|
Creditors: amounts falling due within one year |
|
|
(112,073) |
|
|
(110,092) |
|
Net current liabilities |
|
|
|
(64,429) |
|
|
(78,017) |
|
Total assets less current liabilities |
|
|
|
(40,364) |
|
|
(49,743) |
|
Creditors: amounts falling due after more than one year |
|
|
|
(28,199) |
|
|
(17,160) |
|
|
|
Net liabilities |
|
|
|
(68,563) |
|
|
(66,903) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
282 |
|
|
250 |
Share premium |
|
|
|
151,811 |
|
|
119,853 |
Profit and loss account |
|
|
|
(220,656) |
|
|
(187,006) |
|
Shareholders' funds |
|
|
|
(68,563) |
|
|
(66,903) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
J Steel |
Director |
Approved by the board on 14 January 2016
|
|
Quantock Brewery Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
#REF! |
#REF!
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
10,000 |
|
At 31 March 2015 |
10,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2014 |
2,500 |
|
Provided during the year |
500 |
|
At 31 March 2015 |
3,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
7,000 |
|
At 31 March 2014 |
7,500 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
43,719 |
|
Additions |
557 |
|
At 31 March 2015 |
44,276 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
22,945 |
|
Charge for the year |
4,266 |
|
At 31 March 2015 |
27,211 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
17,065 |
|
At 31 March 2014 |
20,774 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£0.01 each |
|
25,000 |
|
282 |
|
250 |
|
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
£0.01 each |
|
3,199 |
|
32 |
|
|
|
|
|
|
|