Accounts filed on 31-10-2021


Registered number: 9004509






The Three Legs Brewing Company Ltd


ACCOUNTS

FOR THE YEAR ENDED 31/10/2021
























Prepared By:
Jarvis Accountancy Limited
Cottage 1, The Old Bakery
Cackle Street
Brede
East Sussex
TN31 6DX


The Three Legs Brewing Company Ltd


ACCOUNTS
FOR THE YEAR ENDED 31/10/2021





DIRECTORS
Samuel Chamier
Benjamin Murray
James Crill



SECRETARY
Samuel Chamier


REGISTERED OFFICE
Cottage 1 The Old Bakery
Cackle Street
Brede
East Sussex
TN31 6DX


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 9004509



ACCOUNTANTS
Jarvis Accountancy Limited
Cottage 1, The Old Bakery
Cackle Street
Brede
East Sussex
TN31 6DX


ACCOUNTS
FOR THEYEARENDED31/10/2021



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/10/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	2		111,491		120,919

CURRENT ASSETS
Stock		10,559		10,559
Debtors	4	9,036		7,322
Cash at bank and in hand		42,408		55,654
		62,003		73,535
CREDITORS: Amounts falling due within one year	5	92,775		67,430
NET CURRENT (LIABILITIES) / ASSETS			(30,772)		6,105
TOTAL ASSETS LESS CURRENT LIABILITIES			80,719		127,024


CREDITORS: Amounts falling due after more than one year	6		50,277		93,334


PROVISIONS FOR LIABILITIES AND CHARGES	8		12,363		13,295

NET ASSETS			18,079		20,395

CAPITAL AND RESERVES

Called up share capital	9		400		400
Share premium account	10		34,906		34,906
Profit and loss account			(17,227)		(14,911)
SHAREHOLDERS' FUNDS			18,079		20,395

For the year ending 31/10/2021 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 29/07/2022 and signed on their behalf by



.............................
Benjamin Murray
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short Leasehold Properties		straight line 10%
Plant and Machinery		straight line 10%
Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 25%
Motor Cars		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




4. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	7,503	4,952
PAYE control	-	256
Other debtors	500	2,114
Directors current account	1,033	-
	9,036	7,322




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
VAT	20,614	11,686
PAYE control	3,596	-
Salaries and wages control	10,488	4,441
Pension liability	1,157	391
Directors current account	-	18,018
Bank Loan	20,661	9,902
Hire purchase	17,334	14,648
Trade creditors	17,825	7,224
Accruals	1,100	1,120
	92,775	67,430




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2021	2020
	£	£
Bank loans (secured) >1yr	39,563	64,391
Hire purchase >1yr	10,714	28,943
	50,277	93,334




9. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
153 Ordinary shares of £1 each	153	153
153 Class A shares of £1 each	153	153
94 Class B shares of £1 each	94	94
	400	400

New shares issued during period:
153 Ordinary shares of £1 each	153	151
153 Class A shares of £1 each	153	153
94 Class B shares of £1 each	94	94
	-	398