Company Registration No. 07624155 (England and Wales)
Dhillons Brewery Ltd
Unaudited accounts
for the year ended 30 June 2023
Dhillons Brewery Ltd
Unaudited accounts
Contents
Dhillons Brewery Ltd
Company Information
for the year ended 30 June 2023
Director
Dalvinder Singh Dhillon
Company Number
07624155 (England and Wales)
Registered Office
310D, EW Sterling House
Langston Road
Loughton
IG10 3TS
United Kingdom
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Dhillons Brewery Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
285,877
251,257
Inventories
272,394
116,840
Cash at bank and in hand
3,493
48,078
Creditors: amounts falling due within one year
(271,230)
(347,379)
Net current assets
783,063
82,540
Total assets less current liabilities
1,068,940
333,797
Creditors: amounts falling due after more than one year
(761,136)
(71,887)
Net assets
307,804
261,910
Called up share capital
62,000
62,000
Profit and loss account
245,804
199,910
Shareholders' funds
307,804
261,910
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 February 2024 and were signed on its behalf by
Dalvinder Singh Dhillon
Director
Company Registration No. 07624155
Dhillons Brewery Ltd
Notes to the Accounts
for the year ended 30 June 2023
Dhillons Brewery Ltd is a private company, limited by shares, registered in England and Wales, registration number 07624155. The registered office is 310D, EW Sterling House, Langston Road, Loughton, IG10 3TS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Straight line basis
Motor vehicles
20% Straight line basis
Fixtures & fittings
15% Straight line basis
Computer equipment
15% Straight line basis
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
215,679
46,125
129,080
4,947
395,831
Additions
37,917
48,000
20,000
-
105,917
At 30 June 2023
253,596
94,125
149,080
4,947
501,748
At 1 July 2022
116,566
15,084
12,306
618
144,574
Charge for the year
33,976
14,650
22,362
309
71,297
At 30 June 2023
150,542
29,734
34,668
927
215,871
At 30 June 2023
103,054
64,391
114,412
4,020
285,877
At 30 June 2022
99,113
31,041
116,774
4,329
251,257
Dhillons Brewery Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
208,712
227,878
Other debtors
569,694
29,202
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
211,341
298,279
Taxes and social security
58,583
47,931
Loans from directors
-
1,169
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
62,000 Ordinary shares of £1 each
62,000
62,000
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Operating lease commitments
2023
2022
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
42,000
42,000
Later than one year and not later than five years
168,000
168,000
The Director, D S Dhillon, controls the company as a result of controlling directly 100% of the issued share capital.
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Average number of employees
During the year the average number of employees was 14 (2022: 14).