Ballards Brewery Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01501033 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2017

FOR

BALLARDS BREWERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

5

DIRECTOR:

Mrs C J Brown

REGISTERED OFFICE:

Cumbers Farm

Rogate

Petersfield

Hampshire

GU31 5DB

REGISTERED NUMBER:

01501033 (England and Wales)

ACCOUNTANTS:

Dove Marsh & Jones

1 Andromeda House

Calleva Park

Aldermaston

Reading

Berkshire

RG7 8AP

FIXED ASSETS

Tangible assets

4

110,987

113,320

Investments

5

221

221

111,208

113,541

CURRENT ASSETS

Stocks

6

21,983

21,983

Debtors

7

22,155

23,395

Cash at bank and in hand

862

733

45,000

46,111

CREDITORS

Amounts falling due within one year

8

66,486

66,286

NET CURRENT LIABILITIES

(21,486

)

(20,175

)

TOTAL ASSETS LESS CURRENT LIABILITIES

89,722

93,366

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

89,622

93,266

SHAREHOLDERS' FUNDS

89,722

93,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 30 March 2018 and were signed by:

Mrs C J Brown - Director

1.	STATUTORY INFORMATION

Ballards Brewery Limited is a private company, limited by shares ,

registered in England and Wales. The company's registered number and

registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or

receivable, excluding discounts, rebates, value added tax and other sales

taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Casks

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions

payable to the company's pension scheme are charged to profit or loss in

the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Casks

Totals

£

£

£

£

£

COST

At 1 July 2016

and 30 June 2017

138,561

72,883

8,293

14,122

233,859

DEPRECIATION

At 1 July 2016

29,104

69,341

7,972

14,122

120,539

Charge for year

1,754

531

48

-

2,333

At 30 June 2017

30,858

69,872

8,020

14,122

122,872

NET BOOK VALUE

At 30 June 2017

107,703

3,011

273

-

110,987

At 30 June 2016

109,457

3,542

321

-

113,320

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.6.17

30.6.16

£

£

Shares-Site Management Company

221

221

6.

STOCKS

30.6.17

30.6.16

£

£

Stocks

21,983

21,983

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade debtors

20,082

23,189

Prepayments

2,073

206

22,155

23,395

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Bank loans and overdrafts

24,501

23,628

Trade creditors

6,381

7,007

Social security and other taxes

1,395

2,139

VAT

8,218

6,388

Other creditors

2,057

3,027

Directors' current accounts

21,011

19,743

Accrued expenses

2,923

4,354

66,486

66,286

9.	ULTIMATE CONTROLLING PARTY

In the opinion of the director the ultimate controlling party is Miss H L

Brown & Mr J Sawers as executors of M Brown Will Trust.

The following reproduces the text of the report prepared for the director in

respect of the company's annual unaudited financial statements. In accordance

with the Companies Act 2006, the company is only required to file a Balance

Sheet. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Director are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we

have prepared for your approval the financial statements of Ballards Brewery

Limited for the year ended 30 June 2017 which comprise the Statement of Income

and Retained Earnings, Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Ballards Brewery Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ballards Brewery Limited and state those matters that we have agreed to state to the director of Ballards Brewery Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ballards Brewery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ballards Brewery Limited. You consider that Ballards Brewery Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ballards Brewery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dove Marsh & Jones

1 Andromeda House

Calleva Park

Aldermaston

Reading

Berkshire

RG7 8AP

30 March 2018