Accounts filed on 30-04-2018


Registered number: 9287604






THE INDIAN BREWERY COMPANY BIRMINGHAM LTD


ACCOUNTS

FOR THE YEAR ENDED 30/04/2018
























Prepared By:
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
BIRMINGHAM
WEST MIDLANDS
B20 2EY


THE INDIAN BREWERY COMPANY BIRMINGHAM LTD


ACCOUNTS
FOR THE YEAR ENDED 30/04/2018





DIRECTORS
JASPAL LIAM SINGH PUREWAL


REGISTERED OFFICE
Unit 119c Baltimore trading Estate
Baltimore Road
Birmingham
West Midlands
B42 1DD


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 9287604



BANKERS
BARCLAYS BANK PLC



ACCOUNTANTS
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
BIRMINGHAM
WEST MIDLANDS
B20 2EY


ACCOUNTS
FOR THEYEARENDED30/04/2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/04/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		114,479		43,456

CURRENT ASSETS
Stock		52,990		31,990
Debtors	4	65,871		9,125
Cash at bank and in hand		3,763		9,945
		122,624		51,060
CREDITORS: Amounts falling due within one year	5	170,364		80,759
NET CURRENT LIABILITIES			(47,740)		(29,699)
TOTAL ASSETS LESS CURRENT LIABILITIES			66,739		13,757

CAPITAL AND RESERVES

Called up share capital	7		10		10
Profit and loss account			66,729		13,747
SHAREHOLDERS' FUNDS			66,739		13,757

For the year ending 30/04/2018 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 09/10/2018 and signed on their behalf by



.............................
JASPAL LIAM SINGH PUREWAL
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 20%
Commercial Vehicles		reducing balance 20%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




4. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	47,688	2,739
Prepayments	14,499	6,386
Directors current account	3,684	-
	65,871	9,125




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	3,343	-
VAT	82,313	8,111
PAYE control	9,785	789
Directors current account	-	31,014
Trade creditors	73,721	39,520
Other creditors	227	-
Accruals	975	1,325
	170,364	80,759




7. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each	10	10
	10	10