Caseware UK (AP4) 2022.0.179 2022.0.179 true2022-02-01falseNo description of principal activity2721trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09397879 2022-02-01 2023-01-31 09397879 2023-01-31 09397879 2021-02-01 2022-01-31 09397879 2022-01-31 09397879 c:Director1 2022-02-01 2023-01-31 09397879 d:Buildings d:LongLeaseholdAssets 2022-02-01 2023-01-31 09397879 d:Buildings d:LongLeaseholdAssets 2023-01-31 09397879 d:Buildings d:LongLeaseholdAssets 2022-01-31 09397879 d:MotorVehicles 2022-02-01 2023-01-31 09397879 d:MotorVehicles 2023-01-31 09397879 d:MotorVehicles 2022-01-31 09397879 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09397879 d:FurnitureFittings 2022-02-01 2023-01-31 09397879 d:FurnitureFittings 2023-01-31 09397879 d:FurnitureFittings 2022-01-31 09397879 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09397879 d:OfficeEquipment 2022-02-01 2023-01-31 09397879 d:OfficeEquipment 2023-01-31 09397879 d:OfficeEquipment 2022-01-31 09397879 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09397879 d:ComputerEquipment 2022-02-01 2023-01-31 09397879 d:OtherPropertyPlantEquipment 2022-02-01 2023-01-31 09397879 d:OtherPropertyPlantEquipment 2023-01-31 09397879 d:OtherPropertyPlantEquipment 2022-01-31 09397879 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09397879 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09397879 d:CurrentFinancialInstruments 2023-01-31 09397879 d:CurrentFinancialInstruments 2022-01-31 09397879 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09397879 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 09397879 d:ShareCapital 2023-01-31 09397879 d:ShareCapital 2022-01-31 09397879 d:RetainedEarningsAccumulatedLosses 2023-01-31 09397879 d:RetainedEarningsAccumulatedLosses 2022-01-31 09397879 c:OrdinaryShareClass1 2022-02-01 2023-01-31 09397879 c:OrdinaryShareClass1 2023-01-31 09397879 c:OrdinaryShareClass1 2022-01-31 09397879 c:FRS102 2022-02-01 2023-01-31 09397879 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 09397879 c:FullAccounts 2022-02-01 2023-01-31 09397879 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 09397879 2 2022-02-01 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 09397879













Brinkburn Street Brewery Ltd

Financial statements
Information for filing with the registrar

31 January 2023




 
Brinkburn Street Brewery Ltd


Balance sheet
At 31 January 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
143,855
187,338

  
143,855
187,338

Current assets
  

Stocks
  
36,397
36,397

Debtors: amounts falling due within one year
 5 
33,117
60,533

Cash at bank and in hand
  
75,736
149,021

  
145,250
245,951

Creditors: amounts falling due within one year
 6 
(1,325,545)
(1,292,253)

Net current liabilities
  
 
 
(1,180,295)
 
 
(1,046,302)

Total assets less current liabilities
  
(1,036,440)
(858,964)

  

Net liabilities
  
(1,036,440)
(858,964)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
(1,036,441)
(858,965)

Shareholders' deficit
  
(1,036,440)
(858,964)


1

 
Brinkburn Street Brewery Ltd

    
Balance sheet (continued)
At 31 January 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 October 2023.




Dr L A Renforth
Director

Company registered number: 09397879
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Brinkburn Street Brewery Ltd
 
 

Notes to the financial statements
Year ended 31 January 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1a Ford Street Ouseburn Valley, Byker, Newcastle upon Tyne, Tyne & Wear, NE6 1LN, United Kingdom.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has a reasonable expectation at the time of approving the financial statements that the company has adequate resources to continue in operational existence for the foreseeable future. The director has provided a loan in support of the company and has indicated that this support will continue for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.. 

 
2.4

Government grants

Grants are accounted for under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the statement of comprehensive income in the same period as the related expenditure.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

3

 
Brinkburn Street Brewery Ltd
 

 
Notes to the financial statements
Year ended 31 January 2023

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the following methods:.

Depreciation is provided on the following basis:

Leasehold improvements
-
10%
straight line
Motor vehicles
-
25%
reducing balance
Brewery equipment
-
20%
straight line
Office equipment
-
33%
straight line
Equipment
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.9

Stocks

Stocks are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items.

4

 
Brinkburn Street Brewery Ltd
 

 
Notes to the financial statements
Year ended 31 January 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 27 (2022 - 21).


4.


Tangible fixed assets





Leasehold imp'ments
Motor vehicles
Fixtures and fittings
Office equip
Brewery equip
Total

£
£
£
£
£
£



Cost or valuation


At 1 February 2022
140,293
11,050
16,185
77,634
187,588
432,750


Additions
-
-
698
9,310
825
10,833



At 31 January 2023

140,293
11,050
16,883
86,944
188,413
443,583



Depreciation


At 1 February 2022
45,224
6,408
16,037
46,092
131,651
245,412


Charge for the year
13,877
1,161
242
15,817
23,219
54,316



At 31 January 2023

59,101
7,569
16,279
61,909
154,870
299,728



Net book value



At 31 January 2023
81,192
3,481
604
25,035
33,543
143,855



At 31 January 2022
95,069
4,642
148
31,542
55,937
187,338

5

 
Brinkburn Street Brewery Ltd
 
 

Notes to the financial statements
Year ended 31 January 2023

5.


Debtors

2023
2022
£
£


Trade debtors
7,264
11,467

Prepayments and accrued income
3,742
250

Tax recoverable
22,111
48,816

33,117
60,533



6.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
38,719
49,438

Other taxation and social security
70,135
27,389

Other creditors
1,212,841
1,211,576

Accruals and deferred income
3,850
3,850

1,325,545
1,292,253



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



8.


Director's advances, credits and guarantees

During the year the director operated a current account with the company through which advances and repayments were made. Included in creditors at the balance sheet date was a balance of £1,211,576 (2022: £1,211,576) due to the director. This loan is unsecured, incurs no interest and has no fixed payment terms of repayment.

 
6