Contents of the Financial Statements

for the Period Ended 30 December 2019

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 December 2019

The directors present their report with the financial statements of the company for the period ended 30 December 2019

Directors

The directors shown below have held office during the whole of the period from
1 January 2019 to 30 December 2019

J K Losin
L Newton

The director shown below has held office during the period of
10 July 2019 to 30 December 2019

S Stringer

The director shown below has held office during the period of
1 March 2019 to 30 December 2019

T W Blawat

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
19 May 2020

And signed on behalf of the board by:
Name: J K Losin
Status: Director

Profit And Loss Account

for the Period Ended 30 December 2019

	2019	2018
	£	£
Turnover:	1,291,588	924,093
Cost of sales:	( 1,329,310 )	( 868,491 )
Gross profit(or loss):	(37,722)	55,602
Administrative expenses:	( 943,779 )	( 647,079 )
Other operating income:	14,500
Operating profit(or loss):	(967,001)	(591,477)
Interest payable and similar charges:	( 136,544 )	( 29,458 )
Profit(or loss) before tax:	(1,103,545)	(620,935)
Profit(or loss) for the financial year:	(1,103,545)	(620,935)

Balance sheet

As at 30 December 2019

	Notes	2019	2018
		£	£
Fixed assets
Intangible assets:	3	0	151,717
Tangible assets:	4	2,143,402	442,349
Total fixed assets:		2,143,402	594,066
Current assets
Stocks:	5	54,548	23,005
Debtors:	6	346,024	240,788
Cash at bank and in hand:		498,143	45,201
Total current assets:		898,715	308,994
Creditors: amounts falling due within one year:	7	( 948,706 )	( 635,713 )
Net current assets (liabilities):		(49,991)	(326,719)
Total assets less current liabilities:		2,093,411	267,347
Creditors: amounts falling due after more than one year:	8	( 2,779,609 )	( 1,050,000 )
Total net assets (liabilities):		(686,198)	(782,653)
Capital and reserves
Called up share capital:		2	1
Share premium account:		1,199,999
Profit and loss account:		(1,886,199 )	(782,654 )
Total Shareholders' funds:		( 686,198 )	(782,653)

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 December 2019 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 December 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, VAT and other sales taxes

  Tangible fixed assets depreciation policy

  Investments in property : over the life of the leaseFixtures and fittings : 20% on costPlant and machinery : 20% on cost (brewery plant and machinery over 20 years on cost)Capital in progress : not depreciated until put in use

Notes to the Financial Statements

for the Period Ended 30 December 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	16	14