Registered Number 08471474
HOP STUFF BREWERY LIMITED
Abbreviated Accounts
30 April 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
( |
( |
Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
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Creditors: amounts falling due after more than one year | 4 |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital | 5 |
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Share premium account |
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Profit and loss account |
( |
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Shareholders' funds |
( |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
As at the year end, the company's shareholders' funds were in deficit. The directors have reviewed the financial information for the following 12 months and they believe the company has adequate resources to continue to trade for the next 12 months.
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 10% reducing balance basis
Fixtures, fittings & equipment - 25% reducing balance basis
Other accounting policies
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
Stock
Cost of raw materials is determined on the first in first out basis. In the case of work in progress and finished goods, cost includes all direct expenditure and production overheads based on the normal level of activity. Net realisable value is the price at which the stock can be released in the normal course of business, less further costs to completion of sale.
£ | |
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Cost | |
At 1 May 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 April 2016 |
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Depreciation | |
At 1 May 2015 |
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Charge for the year |
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On disposals |
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At 30 April 2016 |
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Net book values | |
At 30 April 2016 | 57,559 |
At 30 April 2015 | 41,849 |
3
Fixed assets Investments
The company 25% of the ordinary share capital of Yeomans Pubs and Bars Ltd, a incorporated in England and Wales.
The aggregate amount of capital and reserves and the results of the undertaking for the last relevant financial year were as follows:
Principle activity - Operating public house
Capital and reserves - 2016 - £(48,071)
Profit/(loss) for the year - 2016 - £(48,171)
2016
£ |
2015
£ |
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Secured Debts |
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