Company Registration No. 09081220 (England and Wales)
The Park Brewery Ltd
Unaudited accounts
for the year ended 30 June 2022
The Park Brewery Ltd
Unaudited accounts
Contents
The Park Brewery Ltd
Company Information
for the year ended 30 June 2022
Directors
Frankie Kearns
Joshuah Kearns
Company Number
09081220 (England and Wales)
Registered Office
38 ST. GEORGES ROAD
KINGSTON UPON THAMES
SURREY
KT2 6DN
Accountants
Thriveworks Ltd
4a The Barns, Bulrushes Farm
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ
The Park Brewery Ltd
Statement of financial position
as at
30 June 2022
Tangible assets
125,857
178,635
Cash at bank and in hand
191
81,504
Creditors: amounts falling due within one year
(71,442)
(34,092)
Net current assets
15,324
78,586
Total assets less current liabilities
141,181
257,221
Creditors: amounts falling due after more than one year
(51,293)
(46,331)
Net assets
89,888
210,890
Called up share capital
2
2
Share premium
504,218
504,218
Profit and loss account
(414,332)
(293,330)
Shareholders' funds
89,888
210,890
For the year ending 30 June 2022 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2023 and were signed on its behalf by
Frankie Kearns
Director
Company Registration No. 09081220
The Park Brewery Ltd
Notes to the Accounts
for the year ended 30 June 2022
The Park Brewery Ltd is a private company, limited by shares, registered in England and Wales, registration number 09081220. The registered office is 38 ST. GEORGES ROAD, KINGSTON UPON THAMES, SURREY, KT2 6DN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
7 years
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2021
256,683
7,400
3,661
267,744
Additions
9,602
-
608
10,210
Disposals
(27,900)
-
-
(27,900)
At 30 June 2022
238,385
7,400
4,269
250,054
At 1 July 2021
82,362
5,462
1,285
89,109
Charge for the year
36,852
1,057
999
38,908
On disposals
(3,820)
-
-
(3,820)
At 30 June 2022
115,394
6,519
2,284
124,197
At 30 June 2022
122,991
881
1,985
125,857
At 30 June 2021
174,321
1,938
2,376
178,635
The Park Brewery Ltd
Notes to the Accounts
for the year ended 30 June 2022
Amounts falling due within one year
Trade debtors
37,668
12,356
Accrued income and prepayments
677
386
Other debtors
13,250
13,250
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
24,258
6,389
Obligations under finance leases and hire purchase contracts
14,452
9,222
Trade creditors
8,697
18,143
Taxes and social security
1,418
3,477
Other creditors
610
1,316
Loans from directors
495
(6,625)
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
-
22,720
8
Average number of employees
During the year the average number of employees was 8 (2021: 6).