Company Registration No. 13793066 (England and Wales)
Brew Gas & Heating Ltd.
Unaudited accounts
for the year ended 31 December 2023
Brew Gas & Heating Ltd.
Unaudited accounts
Contents
Brew Gas & Heating Ltd.
Company Information
for the year ended 31 December 2023
Directors
James Brew
Amy Brew
Company Number
13793066 (England and Wales)
Registered Office
DENMARK HOUSE 143 HIGH STREET
CHALFONT ST. PETER
GERRARDS CROSS
SL9 9QL
ENGLAND
Accountants
Lane Accounting Limited
Denmark House, 143 High St,
Chalfont St Peter,
Gerrards Cross
Buckinghamshire
SL9 9QL
Brew Gas & Heating Ltd.
Statement of financial position
as at 31 December 2023
Tangible assets
11,447
18,671
Cash at bank and in hand
1,935
3,902
Creditors: amounts falling due within one year
(41,633)
(53,585)
Net current liabilities
(13,879)
(17,980)
Total assets less current liabilities
(2,432)
691
Creditors: amounts falling due after more than one year
(6,400)
(9,600)
Net liabilities
(8,832)
(8,909)
Called up share capital
100
100
Profit and loss account
(8,932)
(9,009)
Shareholders' funds
(8,832)
(8,909)
For the year ending 31 December 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 10 July 2024 and were signed on its behalf by
James Brew
Director
Company Registration No. 13793066
Brew Gas & Heating Ltd.
Notes to the Accounts
for the year ended 31 December 2023
Brew Gas & Heating Ltd. is a private company, limited by shares, registered in England and Wales, registration number 13793066. The registered office is DENMARK HOUSE 143 HIGH STREET, CHALFONT ST. PETER, GERRARDS CROSS, SL9 9QL, ENGLAND.
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.
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% per annum of cost
Motor vehicles
25% per annum of cost
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.
Brew Gas & Heating Ltd.
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
12,000
16,895
28,895
At 31 December 2023
12,000
16,895
28,895
At 1 January 2023
3,000
7,224
10,224
Charge for the year
3,000
4,224
7,224
At 31 December 2023
6,000
11,448
17,448
At 31 December 2023
6,000
5,447
11,447
At 31 December 2022
9,000
9,671
18,671
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,200
3,200
Loans from directors
34,747
49,170
Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are
secured of £3,200 (2022 - £3,200). The bank loans and overdrafts are secured by a fixed and floating charge over the
company's assets. The finance leases are secured on the assets concerned.
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Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
6,400
9,600
Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £6,400
(2022 - £9,600). The bank loans are secured by a fixed and floating charge over the company's assets. The finance leases are
secured on the assets concerned
Brew Gas & Heating Ltd.
Notes to the Accounts
for the year ended 31 December 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
At 31 December 2023, the directors were owed £34,747 (2022 - £49,170) by the company. This is an interest-bearing loan
repayable on demand. During the year £1,967 interest was charged to the company.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).