Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 SC583711 Mr Henry Boswell Mr Andrew Logan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC583711 2022-12-31 SC583711 2023-12-31 SC583711 2023-01-01 2023-12-31 SC583711 frs-core:CurrentFinancialInstruments 2023-12-31 SC583711 frs-core:ComputerEquipment 2023-12-31 SC583711 frs-core:ComputerEquipment 2023-01-01 2023-12-31 SC583711 frs-core:ComputerEquipment 2022-12-31 SC583711 frs-core:FurnitureFittings 2023-12-31 SC583711 frs-core:FurnitureFittings 2023-01-01 2023-12-31 SC583711 frs-core:FurnitureFittings 2022-12-31 SC583711 frs-core:MotorVehicles 2023-01-01 2023-12-31 SC583711 frs-core:PlantMachinery 2023-12-31 SC583711 frs-core:PlantMachinery 2023-01-01 2023-12-31 SC583711 frs-core:PlantMachinery 2022-12-31 SC583711 frs-core:ShareCapital 2023-12-31 SC583711 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC583711 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC583711 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC583711 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC583711 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC583711 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC583711 frs-bus:Director1 2023-01-01 2023-12-31 SC583711 frs-bus:Director2 2023-01-01 2023-12-31 SC583711 frs-countries:Scotland 2023-01-01 2023-12-31 SC583711 2021-12-31 SC583711 2022-12-31 SC583711 2022-01-01 2022-12-31 SC583711 frs-core:CurrentFinancialInstruments 2022-12-31 SC583711 frs-core:ShareCapital 2022-12-31 SC583711 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: SC583711
Lennox Brewery Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Anderson Associates
10 Chapelton Gardens
Bearsden
Glasgow
G61 2DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC583711
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,492 23,291
23,492 23,291
CURRENT ASSETS
Debtors 6 - 1,355
Cash at bank and in hand 13,901 6,627
13,901 7,982
Creditors: Amounts Falling Due Within One Year 7 (97,621 ) (77,616 )
NET CURRENT ASSETS (LIABILITIES) (83,720 ) (69,634 )
TOTAL ASSETS LESS CURRENT LIABILITIES (60,228 ) (46,343 )
NET LIABILITIES (60,228 ) (46,343 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (60,328 ) (46,443 )
SHAREHOLDERS' FUNDS (60,228) (46,343)
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Logan
Director
10/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lennox Brewery Limited is a private company, limited by shares, incorporated in Scotland, registered number SC583711 . The registered office is 25 Lime Road, Broadmeadow Industrial Estate, Dumbarton, West Dunbartonshire, G82 2RP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
Office Equipment 25% Straight Line
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Office Equipment Total
£ £ £ £
Cost
As at 1 January 2023 35,805 1,849 1,159 38,813
Additions 12,500 260 444 13,204
As at 31 December 2023 48,305 2,109 1,603 52,017
Depreciation
As at 1 January 2023 14,221 1,011 290 15,522
Provided during the period 12,076 527 400 13,003
As at 31 December 2023 26,297 1,538 690 28,525
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 22,008 571 913 23,492
As at 1 January 2023 21,584 838 869 23,291
5. Stocks
2023 2022
£ £
6. Debtors
2023 2022
£ £
Due within one year
Other debtors - 159
VAT - 1,196
- 1,355
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 91 1,021
VAT 1,359 -
Other creditors 360 1,264
Directors' loan accounts 95,811 75,331
97,621 77,616
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4