Company Registration No. 10181222 (England and Wales)
LINES BREW CO LTD
Unaudited accounts
for the year ended 31 May 2017
LINES BREW CO LTD
Unaudited accounts
Contents
LINES BREW CO LTD
Company Information
for the year ended 31 May 2017
Directors
Matthew Rhys Williams
Duncan Illsley
Company Number
10181222 (England and Wales)
Registered Office
Unit 2E
Sir Alfred Owen Way Pontygwindy Ind Est
Caerphilly
Mid Glamorgan
CF83 3HU
Wales
Accountants
JJBS Bookkeeping Solutions Ltd
32 Tridwr Road
Abertridwr
CAERPHILLY
Mid Glamorgan
CF83 4DN
LINES BREW CO LTD
Statement of financial position
as at
31 May 2017
Cash at bank and in hand
5,498
Creditors: amounts falling due within one year
(175,430)
Net current liabilities
(145,464)
Profit and loss account
(4,474)
Shareholders' funds
(4,474)
For the year ending 31 May 2017 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.
Approved by the Board on 22 November 2017.
Duncan Illsley
Director
Company Registration No. 10181222
LINES BREW CO LTD
Notes to the Accounts
for the year ended 31 May 2017
LINES BREW CO LTD is a private company, limited by shares, registered in England and Wales, registration number 10181222. The registered office and principal place of business is Unit 2E, Sir Alfred Owen Way Pontygwindy Ind Est, Caerphilly, Mid Glamorgan, CF83 3HU, Wales.
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 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
15% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
10% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
Additions
24,886
5,500
148,074
2,000
180,460
Disposals
(21,600)
-
-
-
(21,600)
At 31 May 2017
3,286
5,500
148,074
2,000
158,860
Charge for the year
11,920
1,125
15,125
500
28,670
On disposals
(10,800)
-
-
-
(10,800)
At 31 May 2017
1,120
1,125
15,125
500
17,870
At 31 May 2017
2,166
4,375
132,949
1,500
140,990
LINES BREW CO LTD
Notes to the Accounts
for the year ended 31 May 2017
6
Creditors: amounts falling due within one year
2017
Taxes and social security
2,323
Loans from directors
170,194
7
Average number of employees
During the year the average number of employees was 4.