IRIS Accounts Production v23.2.0.158 02043227 Board of Directors 2.6.22 1.6.23 1.6.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure020432272022-06-01020432272023-06-01020432272022-06-022023-06-01020432272021-06-01020432272021-06-022022-06-01020432272022-06-0102043227ns16:EnglandWales2022-06-022023-06-0102043227ns15:PoundSterling2022-06-022023-06-0102043227ns11:Director12022-06-022023-06-0102043227ns11:PrivateLimitedCompanyLtd2022-06-022023-06-0102043227ns11:SmallEntities2022-06-022023-06-0102043227ns11:AuditExempt-NoAccountantsReport2022-06-022023-06-0102043227ns11:SmallCompaniesRegimeForDirectorsReport2022-06-022023-06-0102043227ns11:SmallCompaniesRegimeForAccounts2022-06-022023-06-0102043227ns11:FullAccounts2022-06-022023-06-0102043227ns11:OrdinaryShareClass12022-06-022023-06-0102043227ns11:OrdinaryShareClass22022-06-022023-06-0102043227ns11:Director22022-06-022023-06-0102043227ns11:Director32022-06-022023-06-0102043227ns11:CompanySecretary12022-06-022023-06-0102043227ns11:RegisteredOffice2022-06-022023-06-0102043227ns6:CurrentFinancialInstruments2023-06-0102043227ns6:CurrentFinancialInstruments2022-06-0102043227ns6:ShareCapital2023-06-0102043227ns6:ShareCapital2022-06-0102043227ns6:RevaluationReserve2023-06-0102043227ns6:RevaluationReserve2022-06-0102043227ns6:RetainedEarningsAccumulatedLosses2023-06-0102043227ns6:RetainedEarningsAccumulatedLosses2022-06-0102043227ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-06-022023-06-0102043227ns6:PlantMachinery2022-06-022023-06-0102043227ns6:FurnitureFittings2022-06-022023-06-0102043227ns6:MotorVehicles2022-06-022023-06-0102043227ns6:ComputerEquipment2022-06-022023-06-0102043227ns6:LandBuildings2022-06-0102043227ns6:PlantMachinery2022-06-0102043227ns6:FurnitureFittings2022-06-0102043227ns6:LandBuildings2022-06-022023-06-0102043227ns6:LandBuildings2023-06-0102043227ns6:PlantMachinery2023-06-0102043227ns6:FurnitureFittings2023-06-0102043227ns6:LandBuildings2022-06-0102043227ns6:PlantMachinery2022-06-0102043227ns6:FurnitureFittings2022-06-0102043227ns6:MotorVehicles2022-06-0102043227ns6:ComputerEquipment2022-06-0102043227ns6:MotorVehicles2023-06-0102043227ns6:ComputerEquipment2023-06-0102043227ns6:MotorVehicles2022-06-0102043227ns6:ComputerEquipment2022-06-0102043227ns6:WithinOneYearns6:CurrentFinancialInstruments2023-06-0102043227ns6:WithinOneYearns6:CurrentFinancialInstruments2022-06-0102043227ns6:DeferredTaxation2022-06-0102043227ns6:DeferredTaxation2022-06-022023-06-0102043227ns6:DeferredTaxation2023-06-0102043227ns11:OrdinaryShareClass12023-06-0102043227ns11:OrdinaryShareClass22023-06-0102043227ns6:RevaluationReserve2022-06-01
REGISTERED NUMBER: 02043227 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 JUNE 2023

FOR

GOLCAR BREWERY LIMITED

GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GOLCAR BREWERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 1 JUNE 2023







DIRECTORS: J E Broadbent
P H Broadbent
Mrs J Haywood





SECRETARY: J E Broadbent





REGISTERED OFFICE: Swallow Lane
Golcar
Huddersfield
West Yorkshire
HD7 4NB





REGISTERED NUMBER: 02043227 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)

BALANCE SHEET
1 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 107,080 100,612

CURRENT ASSETS
Stocks 5 3,450 3,450
Debtors 6 70 369
Cash at bank and in hand 303,949 334,639
307,469 338,458
CREDITORS
Amounts falling due within one year 7 1,977 9,410
NET CURRENT ASSETS 305,492 329,048
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,572

429,660

PROVISIONS FOR LIABILITIES 8 - 55
NET ASSETS 412,572 429,605

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 - 7,441
Retained earnings 412,472 422,064
SHAREHOLDERS' FUNDS 412,572 429,605

GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)

BALANCE SHEET - continued
1 JUNE 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 June 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





J E Broadbent - Director


GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1 JUNE 2023

1. STATUTORY INFORMATION

Golcar 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 - not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1 JUNE 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 2 June 2022 100,322 35,404 -
Additions - - 7,300
Disposals - (2,121 ) -
At 1 June 2023 100,322 33,283 7,300
DEPRECIATION
At 2 June 2022 - 35,143 -
Charge for year - 53 730
Eliminated on disposal - (2,079 ) -
At 1 June 2023 - 33,117 730
NET BOOK VALUE
At 1 June 2023 100,322 166 6,570
At 1 June 2022 100,322 261 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 2 June 2022 981 2,833 139,540
Additions - - 7,300
Disposals - - (2,121 )
At 1 June 2023 981 2,833 144,719
DEPRECIATION
At 2 June 2022 952 2,833 38,928
Charge for year 7 - 790
Eliminated on disposal - - (2,079 )
At 1 June 2023 959 2,833 37,639
NET BOOK VALUE
At 1 June 2023 22 - 107,080
At 1 June 2022 29 - 100,612

5. STOCKS
2023 2022
£    £   
Stocks 120 120
Work-in-progress 3,330 3,330
3,450 3,450

GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1 JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 298
Prepayments & accrued income 70 71
70 369

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 279 7,163
Accruals & prepaid income 1,698 2,247
1,977 9,410

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 55

Deferred
tax
£   
Balance at 2 June 2022 55
Utilised during year (55 )
Balance at 1 June 2023 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
99 Ordinary £1 99 99
1 Ordinary A £1 1 1
100 100

On 17th June 2021, 1 ordinary share was reclassified as 1 ordinary A share.

10. RESERVES
Revaluation
reserve
£   
At 2 June 2022 7,441
Movement in year (7,441 )

At 1 June 2023 -

GOLCAR BREWERY LIMITED (REGISTERED NUMBER: 02043227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1 JUNE 2023

11. RELATED PARTY DISCLOSURES

Rental payments were made to the director, Mr J E Broadbent, totalling £1200 during the year ended 1st June 2023 (2022:£1600).

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J E Broadbent.