| Drink Inns Limited |
| Registered number: |
04018407 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
531 |
|
|
646 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
5,744 |
| Debtors |
|
|
6,173 |
|
|
7,244 |
| Cash at bank and in hand |
|
|
2,144 |
|
|
948 |
|
|
|
8,317 |
|
|
13,936 |
|
| Creditors: amounts falling due within one year |
|
|
(100,665) |
|
|
(128,347) |
|
| Net current liabilities |
|
|
|
(92,348) |
|
|
(114,411) |
|
| Total assets less current liabilities |
|
|
|
(91,817) |
|
|
(113,765) |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(5,141) |
|
|
(9,189) |
|
|
|
| Net liabilities |
|
|
|
(£96,958) |
|
|
(£122,954) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
(96,962) |
|
|
(122,958) |
|
| Shareholder's funds |
|
|
|
(£96,958) |
|
|
(£122,954) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Joseph Springate |
| Director |
| Approved by the board on 4 August 2016 |
|
| Drink Inns Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
53,183 |
|
Additions |
559 |
|
At 31 March 2016 |
53,742 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
52,537 |
|
Charge for the year |
674 |
|
At 31 March 2016 |
53,211 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
531 |
|
At 31 March 2015 |
646 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4 |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
