PEAKSTONES ROCK BREWING CO LTD - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07706985 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

FOR

PEAKSTONES ROCK BREWING CO LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

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:

The Curtis Partnership

1 Tape Street

Cheadle

Stoke On Trent

Staffordshire

ST10 1BB

FIXED ASSETS

Intangible assets

2

6,000

6,500

Tangible assets

3

8,500

3,500

14,500

10,000

CURRENT ASSETS

Debtors

7,363

8,840

Cash at bank and in hand

10,530

4,258

17,893

13,098

CREDITORS

Amounts falling due within one year

31,871

20,603

NET CURRENT LIABILITIES

(13,978

)

(7,505

)

TOTAL ASSETS LESS CURRENT LIABILITIES

522

2,495

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

518

2,491

SHAREHOLDERS' FUNDS

522

2,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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 17 September 2014 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 0, is being amortised evenly over its estimated useful life of nil 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 2013

and 31 July 2014

7,500

AMORTISATION

At 1 August 2013

1,000

Amortisation for year

500

At 31 July 2014

1,500

NET BOOK VALUE

At 31 July 2014

6,000

At 31 July 2013

6,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

6,010

Additions

7,476

At 31 July 2014

13,486

DEPRECIATION

At 1 August 2013

2,510

Charge for year

2,476

At 31 July 2014

4,986

NET BOOK VALUE

At 31 July 2014

8,500

At 31 July 2013

3,500

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1.00

2

2

1

"A" Ordinary

£1

1

1

1

"B" Ordinary

£1

1

1

4

4