The Three Legs Brewing Company Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09004509 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

The Three Legs Brewing Company Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Chamier

B Murray

REGISTERED OFFICE:

Unit 1 Burnt House Farm

Udimore Road

Broad Oak

Rye

East Sussex

TN31 6BX

REGISTERED NUMBER:

09004509 (England and Wales)

ACCOUNTANTS:

Sellens French

Chartered Accountants

91-97 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

FIXED ASSETS

Tangible assets

2

49,630

4,698

CURRENT ASSETS

Stocks

9,670

-

Debtors

4,626

2,279

Cash at bank

4,150

1,195

18,446

3,474

CREDITORS

Amounts falling due within one year

16,753

11,752

NET CURRENT ASSETS/(LIABILITIES)

1,693

(8,278

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,323

(3,580

)

CREDITORS

Amounts falling due after more than one
year

60,000

-

NET LIABILITIES

(8,677

)

(3,580

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(8,679

)

(3,582

)

SHAREHOLDERS' FUNDS

(8,677

)

(3,580

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 28 January 2017 and were signed on its behalf by:

B Murray - 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 January 2015).

Turnover

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

Tangible fixed assets

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

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance and 5% on cost

Fixtures and fittings

-

15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

6,264

Additions

48,876

At 30 April 2016

55,140

DEPRECIATION

At 1 May 2015

1,566

Charge for year

3,944

At 30 April 2016

5,510

NET BOOK VALUE

At 30 April 2016

49,630

At 30 April 2015

4,698

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary

£1

2