Hurly Burly Brewery Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC489175 (Scotland)

Hurly Burly Brewery Ltd

Abbreviated Unaudited Accounts

for the Period

17 October 2014 to 31 October 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P L McNaught

L A McNaught

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

EH3 6AT

REGISTERED NUMBER:

SC489175 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

EH3 6AT

FIXED ASSETS

Tangible assets

2

2,865

CURRENT ASSETS

Debtors

64

Cash at bank

408

472

CREDITORS

Amounts falling due within one year

4,156

NET CURRENT LIABILITIES

(3,684

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(819

)

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

(829

)

SHAREHOLDERS' FUNDS

(819

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 25 March 2016 and were signed on
its behalf by:

P L McNaught - 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).

Tangible fixed assets

Depreciation has not been charged in the year as trading has not yet commenced.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date where transactions or events have occurred at that date that will result in

an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more

likely than not that there will be suitable taxable profits from which the future reversal of the

underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the rates that are expected to apply in the

periods in which timing differences reverse, based on tax rates and laws enacted or substantively

enacted at the balance sheet date.

Going concern

The financial statement have been prepared on the going concern principle which assumes that the

company will continue to trade in the foreseeable future. In order to do so the company will require

the continued support of its directors. The directors will continue to support the company.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,865

At 31 October 2015

2,865

NET BOOK VALUE

At 31 October 2015

2,865

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary

10