PEAKSTONES ROCK BREWING CO LTD - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07706985 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

FOR

PEAKSTONES ROCK BREWING CO LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D F Edwards

S M Edwards

REGISTERED OFFICE:

1 Tape Street

Cheadle

Stoke On Trent

Staffordshire

ST10 1BB

REGISTERED NUMBER:

07706985 (England and Wales)

ACCOUNTANTS:

Curtis Accountants Ltd

1 Tape Street

Cheadle

Stoke On Trent

Staffordshire

ST10 1BB

FIXED ASSETS

Intangible assets

2

5,500

6,000

Tangible assets

3

8,900

8,500

14,400

14,500

CURRENT ASSETS

Debtors

7,013

7,363

Cash at bank and in hand

7,935

10,530

14,948

17,893

CREDITORS

Amounts falling due within one year

25,787

31,871

NET CURRENT LIABILITIES

(10,839

)

(13,978

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,561

522

CREDITORS

Amounts falling due after more than one year

2,632

-

NET ASSETS

929

522

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

925

518

SHAREHOLDERS' FUNDS

929

522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 5 October 2015 and were signed on its behalf by:

S M Edwards - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

7,500

AMORTISATION

At 1 August 2014

1,500

Amortisation for year

500

At 31 July 2015

2,000

NET BOOK VALUE

At 31 July 2015

5,500

At 31 July 2014

6,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

13,486

Additions

3,042

At 31 July 2015

16,528

DEPRECIATION

At 1 August 2014

4,986

Charge for year

2,642

At 31 July 2015

7,628

NET BOOK VALUE

At 31 July 2015

8,900

At 31 July 2014

8,500

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

1

"A" Ordinary

£1

1

1

1

"B" Ordinary

£1

1

1

4

4