Abbreviated Company Accounts - LEGENDERRY BREWING COMPANY LIMITED

LEGENDERRY BREWING COMPANY LIMITED - Company Information

NI624606 LEGENDERRY BREWING COMPANY LIMITED 2015-05-31 false 2014-05-15 2015-05-31 true NI624606 2014-05-15 2015-05-31 NI624606 2015-05-31 NI624606 uk-gaap-cd-bus:Director1 2014-05-15 2015-05-31 NI624606 uk-gaap-cd-bus:Director2 2014-05-15 2015-05-31 uk-gaap-cd-bus:Director3 2014-05-15 2015-05-31 uk-gaap-cd-bus:Director3 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-15 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number NI624606

LEGENDERRY BREWING COMPANY LIMITED

Abbreviated Accounts

31 May 2015

LEGENDERRY BREWING COMPANY LIMITED Registered Number NI624606

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	110,752
		110,752
Current assets
Stocks		5,000
Debtors		17,862
Cash at bank and in hand		16,697
		39,559
Creditors: amounts falling due within one year	3	(83,840)
Net current assets (liabilities)		(44,281)
Total assets less current liabilities		66,471
Creditors: amounts falling due after more than one year	3	(71,548)
Total net assets (liabilities)		(5,077)
Capital and reserves
Called up share capital	4	1,000
Profit and loss account		(6,077)
Shareholders' funds		(5,077)

For the year ending 31 May 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 February 2016

And signed on their behalf by:
James Huey, Director

LEGENDERRY BREWING COMPANY LIMITED Registered Number NI624606

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings leasehold 2% Straight line
Plant and machinery 20% Straight line
Fixtures, fittings & equipment 20% Straight line
Motor vehicles 20% Reducing balance

2Tangible fixed assets

	£
Cost
Additions	114,412
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	114,412
Depreciation
Charge for the year	3,660
On disposals	-
At 31 May 2015	3,660
Net book values
At 31 May 2015	110,752

3Creditors

	2015 £
Secured Debts	76,174
Instalment debts due after 5 years	36,817

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
1,000 Ordinary shares of £1 each	1,000

5Transactions with directors

Name of director receiving advance or credit:	James Huey
Description of the transaction:	Loan from director
Balance at 15 May 2014:	-
Advances or credits made:	£ 58,970
Advances or credits repaid:	£ 14,626
Balance at 31 May 2015:	£ 44,344