Accounts Submission

NETHERTON SOFT DRINKS LIMITED - Company Information

Company Accounts and Tax Online 03741630 Board of Directors 1.4.16 31.3.17 31.3.17 false iso4217:GBP xbrli:pure 03741630 2015-04-01 2016-03-31 03741630 2017-03-31 03741630 2016-04-01 2017-03-31 03741630 2016-03-31 03741630 countries:EnglandWales 2016-04-01 2017-03-31 03741630 curr:PoundSterling 2016-04-01 2017-03-31 03741630 uk-bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 03741630 uk-bus:FRS102 2016-04-01 2017-03-31 03741630 uk-bus:AuditExempt-NoAccountantsReport 2016-04-01 2017-03-31 03741630 uk-bus:FullAccounts 2016-04-01 2017-03-31 03741630 uk-bus:RegisteredOffice 2016-04-01 2017-03-31 03741630 uk-bus:Director1 2016-04-01 2017-03-31 03741630 uk-bus:Director1 2016-04-01 03741630 uk-bus:Director1 2017-03-31 03741630 uk-bus:Director2 2016-04-01 2017-03-31 03741630 uk-bus:Director2 2016-04-01 03741630 uk-bus:Director2 2017-03-31 03741630 core:AfterOneYear 2017-03-31 03741630 core:AfterOneYear 2016-03-31 03741630 core:WithinOneYear 2017-03-31 03741630 core:WithinOneYear 2016-03-31 03741630 core:WithinOneYear 2016-04-01 2017-03-31 03741630 core:AfterOneYear 2017-03-31 03741630 core:AfterOneYear 2016-03-31 03741630 core:AfterOneYear 2016-04-01 2017-03-31 03741630 core:ShareCapital 2017-03-31 03741630 core:ShareCapital 2016-03-31 03741630 core:RevaluationReserve 2017-03-31 03741630 core:RevaluationReserve 2016-03-31 03741630 core:RetainedEarningsAccumulatedLosses 2017-03-31 03741630 core:RetainedEarningsAccumulatedLosses 2016-03-31 03741630 1 2016-04-01 2017-03-31 03741630 core:LandBuildings 2016-04-01 2017-03-31 03741630 core:LandBuildings 2017-03-31 03741630 core:LandBuildings 2015-04-01 2016-03-31 03741630 core:LandBuildings 2016-03-31 03741630 core:PlantMachinery 2016-04-01 2017-03-31 03741630 core:PlantMachinery 2017-03-31 03741630 core:PlantMachinery 2015-04-01 2016-03-31 03741630 core:PlantMachinery 2016-03-31 03741630 core:FurnitureFittingsToolsEquipment 2016-04-01 2017-03-31 03741630 core:FurnitureFittingsToolsEquipment 2017-03-31 03741630 core:FurnitureFittingsToolsEquipment 2015-04-01 2016-03-31 03741630 core:FurnitureFittingsToolsEquipment 2016-03-31 03741630 core:OfficeEquipment 2016-04-01 2017-03-31 03741630 core:OfficeEquipment 2017-03-31 03741630 core:OfficeEquipment 2015-04-01 2016-03-31 03741630 core:OfficeEquipment 2016-03-31 03741630 core:Vehicles 2016-04-01 2017-03-31 03741630 core:Vehicles 2017-03-31 03741630 core:Vehicles 2015-04-01 2016-03-31 03741630 core:Vehicles 2016-03-31 03741630 core:NetGoodwill 2016-04-01 2017-03-31 03741630 core:NetGoodwill 2017-03-31 03741630 core:NetGoodwill 2015-04-01 2016-03-31 03741630 core:NetGoodwill 2016-03-31 03741630 core:IntangibleAssetsOtherThanGoodwill 2016-04-01 2017-03-31 03741630 core:IntangibleAssetsOtherThanGoodwill 2017-03-31 03741630 core:IntangibleAssetsOtherThanGoodwill 2015-04-01 2016-03-31 03741630 core:IntangibleAssetsOtherThanGoodwill 2016-03-31

Company Registration Number:
03741630 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

Contents of the Financial Statements

for the Period Ended 31 March 2017


Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 8

Directors' Report Period Ended 31 March 2017

The directors present their report with the financial statements of the company for the period ended 31 March 2017

Principal Activities

The principal activity of the company in the period under review was investment in public house property and the supply of alcoholic beverages to those public houses

Directors

The directors shown below have held office during the whole of the period from 01 April 2016 to 31 March 2017
Stanley John Owen
Roy Robert Guest

This report was approved by the board of directors on 19 July 2017
And Signed On Behalf Of The Board By:

Name: Stanley John Owen
Status: Director

Name: Roy Robert Guest
Status: Director

Balance sheet

As at 31 March 2017

	Notes	2017 £	2016 £
Fixed assets
Tangible assets:	2	938,897	928,010
Total fixed assets:		938,897	928,010
Current assets
Stocks:		264	363
Debtors:	3	62,319	62,491
Cash at bank and in hand:		11,892	7,073
Total current assets:		74,475	69,927
Creditors: amounts falling due within one year:	4	( 340,903 )	( 341,017 )
Net current assets (liabilities):		( 266,428 )	( 271,090 )
Total assets less current liabilities:		672,469	656,920
Creditors: amounts falling due after more than one year:	5	( 92,004 )	( 129,180 )
Total net assets (liabilities):		580,465	527,740

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2017

	2017 £	2016 £
Capital and reserves
Called up share capital:	2	2
Profit and loss account:	580,463	527,738
Shareholders funds:	580,465	527,740

For the year ending 31 March 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 July 2017
And Signed On Behalf Of The Board By:

Name: Stanley John Owen
Status: Director

Name: Roy Robert Guest
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the profit and loss account represent revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts

Tangible fixed assets depreciation policy

Depreciation is provided as follows - 25% on Fixtures and Fittings and 40% FYA on Motor Vehicles and then 25% reducing balance

Valuation information and policy

Stock is valued at the lower cost and net realisable value

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Tangible assets

	Land & buildings	Fixtures & fittings	Motor vehicles	Total
Cost	£	£	£	£
At 01 April 2016	926,796	1,619	-	928,415
Additions	-	-	18,650	18,650
Disposals	-	-	-	-
Revaluations	-	-	-	-
Transfers	-	-	-	-
At 31 March 2017	926,796	1,619	18,650	947,065
Depreciation
At 01 April 2016	-	405	-	405
Charge for year	-	303	7,460	7,763
On disposals	-	-	-	-
Other adjustments	-	-	-	-
At 31 March 2017	-	708	7,460	8,168
Net book value
At 31 March 2017	926,796	911	11,190	938,897
At 31 March 2016	926,796	1,214	-	928,010

Notes to the Financial Statements

for the Period Ended 31 March 2017

3. Debtors

	2017 £	2016 £
Trade debtors	28,054	28,226
Other debtors	34,265	34,265
Total	62,319	62,491

Notes to the Financial Statements

for the Period Ended 31 March 2017

4.Creditors: amounts falling due within one year note

	2017 £	2016 £
Bank loans and overdrafts	43,937	49,154
Trade creditors	22,690	752
Taxation and social security	19,217	33,556
Other creditors	255,059	257,555
Total	340,903	341,017

Notes to the Financial Statements

for the Period Ended 31 March 2017

5.Creditors: amounts falling due after more than one year

	2017 £	2016 £
Bank loans and overdrafts	92,004	129,180
Total	92,004	129,180

Director:		Stanley John Owen
		Roy Robert Guest


Registered office:		Lion House 72 Chapel Street Netherton West Midlands DY2 9PN


Company Registration Number:		03741630 (England and Wales)

Accounts Submission