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Company Registration No. 14177288 (England and Wales)
Mill Valley Brewery (Northern) Ltd Unaudited accounts for the period from 16 June 2022 to 30 June 2023
Mill Valley Brewery (Northern) Ltd Unaudited accounts Contents
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Mill Valley Brewery (Northern) Ltd Company Information for the period from 16 June 2022 to 30 June 2023
Director
Wendy Hemingway
Company Number
14177288 (England and Wales)
Registered Office
Unit 10 Woodroyd Mills South Parade Cleckheaton BD19 3AF United Kingdom
Accountants
True North Accountancy Ltd 19 Forest Crescent Illingworth Halifax West Yorkshire HX2 8DS
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Mill Valley Brewery (Northern) Ltd Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
7,837 
Current assets
Inventories
3,018 
Debtors
1,841 
Cash at bank and in hand
1,744 
6,603 
Creditors: amounts falling due within one year
(30,411)
Net current liabilities
(23,808)
Net liabilities
(15,971)
Capital and reserves
Called up share capital
100 
Profit and loss account
(16,071)
Shareholders' funds
(15,971)
For the period 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 her 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 6 March 2024 and were signed on its behalf by
Wendy Hemingway Director Company Registration No. 14177288
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Mill Valley Brewery (Northern) Ltd Notes to the Accounts for the period from 16 June 2022 to 30 June 2023
1
Statutory information
Mill Valley Brewery (Northern) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14177288. The registered office and principal place of business is Unit 10 Woodroyd Mills, South Parade, Cleckheaton, BD19 3AF, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The accounts have being prepared on the going concern basis, on the understanding the Director will continue to financially support the company for the foreseeable future.
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Mill Valley Brewery (Northern) Ltd Notes to the Accounts for the period from 16 June 2022 to 30 June 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 16 June 2022
- 
Additions
9,582 
At 30 June 2023
9,582 
Depreciation
Charge for the period
1,745 
At 30 June 2023
1,745 
Net book value
At 30 June 2023
7,837 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
1,785 
Accrued income and prepayments
56 
1,841 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
4,627 
Trade creditors
1,440 
Taxes and social security
33 
Other creditors
8,537 
Loans from directors
14,754 
Accruals
1,020 
30,411 
7
Share capital
2023 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
8
Transactions with related parties
Included in Other Creditors is an amount of £1,437 owed to The Mill Bar Cleckheaton Ltd from Mill Valley Brewery Northern Ltd, a company that Mrs W Hemingway is also a director of and has a controlling interest in.
9
Average number of employees
During the period the average number of employees was 2.
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