Ferry Ales Brewery Limited - Accounts to registrar (filleted) - small 17.3
Ferry Ales Brewery Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7 April 2016 to 31 March 2017 |
for |
Ferry Ales Brewery Limited |
Ferry Ales Brewery Limited (Registered number: 10108298) |
Contents of the Financial Statements |
for the Period 7 April 2016 to 31 March 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Ferry Ales Brewery Limited |
Company Information |
for the Period 7 April 2016 to 31 March 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
10 Manor Park |
Banbury |
Oxfordshire |
OX16 3TB |
Ferry Ales Brewery Limited (Registered number: 10108298) |
Balance Sheet |
31 March 2017 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
Ferry Ales Brewery Limited (Registered number: 10108298) |
Balance Sheet - continued |
31 March 2017 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on were signed on its behalf by: |
Ferry Ales Brewery Limited (Registered number: 10108298) |
Notes to the Financial Statements |
for the Period 7 April 2016 to 31 March 2017 |
1. | STATUTORY INFORMATION |
Ferry Ales Brewery Limited is a |
and Wales. The company's registered number and registered office address can be found |
on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Revenue recognition |
Turnover is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
The company recognises revenue when the amount of revenue can be reliably measured; it |
is probable that future economic benefits will flow to the entity; and specific criteria have |
been met for the company's activities. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance |
for obsolete and slow moving items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income |
Statement, except to the extent that it relates to items recognised in other comprehensive |
income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that |
have been enacted or substantively enacted by the balance sheet date. |
Ferry Ales Brewery Limited (Registered number: 10108298) |
Notes to the Financial Statements - continued |
for the Period 7 April 2016 to 31 March 2017 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not |
reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in |
periods different from those in which they are recognised in financial statements. Deferred |
tax is measured using tax rates and laws that have been enacted or substantively enacted |
by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it |
is probable that they will be recovered against the reversal of deferred tax liabilities or other |
future taxable profits. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis |
over the period of the lease. |
Going concern |
The financial statement have been prepared on a going concern basis, however as there |
was a net deficiency of (£31,717) at the balance sheet date, the directors of the company |
have confirmed continued support and consider the company retains sufficient working |
capital to continue trading for the foreseeable future. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31 March 2017 |
DEPRECIATION |
Charge for period |
At 31 March 2017 |
NET BOOK VALUE |
At 31 March 2017 |
Ferry Ales Brewery Limited (Registered number: 10108298) |
Notes to the Financial Statements - continued |
for the Period 7 April 2016 to 31 March 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Other creditors |