Company Registration No. 9270984 (England and Wales)
Tenby Brewing Co. Limited
Unaudited accounts
for the year ended 31 October 2023
Tenby Brewing Co. Limited
Unaudited accounts
Contents
Tenby Brewing Co. Limited
Company Information
for the year ended 31 October 2023
Directors
J Bevan
R Faulkener
Company Number
9270984 (England and Wales)
Registered Office
c/o Allensbank
Providence Hill
Narberth
pembs
SA67 8RF
Accountants
Ann Stephens & Co
The Lodge
Allensbank
Narberth
Pembs
SA67 8RF
Tenby Brewing Co. Limited
Statement of financial position
as at 31 October 2023
Tangible assets
414,035
432,791
Cash at bank and in hand
(7,248)
1,250
Creditors: amounts falling due within one year
(107,826)
(101,268)
Net current liabilities
(55,654)
(41,541)
Total assets less current liabilities
358,381
391,250
Creditors: amounts falling due after more than one year
(236,681)
(271,869)
Net assets
121,700
119,381
Called up share capital
1,000
1,000
Share premium
156,034
156,034
Profit and loss account
(35,334)
(37,653)
Shareholders' funds
121,700
119,381
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 4 January 2024 and were signed on its behalf by
J Bevan
Director
Company Registration No. 9270984
Tenby Brewing Co. Limited
Notes to the Accounts
for the year ended 31 October 2023
Tenby Brewing Co. Limited is a private company, limited by shares, registered in England and Wales, registration number 9270984. The registered office is c/o Allensbank, Providence Hill, Narberth, pembs, SA67 8RF.
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
10% on cost
Motor vehicles
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Goodwill
Tenby Brewing Co. Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
243,813
233,358
39,550
516,721
At 31 October 2023
243,813
242,358
39,550
525,721
At 1 November 2022
-
78,564
5,366
83,930
Charge for the year
-
22,628
5,128
27,756
At 31 October 2023
-
101,192
10,494
111,686
At 31 October 2023
243,813
141,166
29,056
414,035
At 31 October 2022
243,813
154,794
34,184
432,791
Amounts falling due within one year
Trade debtors
11,316
5,839
Amounts due from group undertakings etc.
-
138
Accrued income and prepayments
-
500
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,054
-
Other debtors
10,000
10,000
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,731
10,731
Obligations under finance leases and hire purchase contracts
23,739
24,507
Trade creditors
4,704
24,572
Amounts owed to group undertakings and other participating interests
17,973
5,384
Taxes and social security
3,088
1,341
Other creditors
6,464
3,131
Loans from directors
11,836
18,411
Deferred income
9,000
7,232
Tenby Brewing Co. Limited
Notes to the Accounts
for the year ended 31 October 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
128,836
138,836
Obligations under finance leases and hire purchase contracts
53,245
76,033
Other creditors
54,600
57,000
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).