BEWDLEY BREWERY LIMITED

Company Registration Number:
06461164 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BEWDLEY BREWERY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BEWDLEY BREWERY LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 52,603 55,043
Investments: 4 15 15
Total fixed assets: 52,618 55,058
Current assets
Stocks: 80,600 53,260
Debtors:   230,816 209,989
Cash at bank and in hand: 201,219 199,310
Total current assets: 512,635 462,559
Creditors: amounts falling due within one year:   (159,430) (166,983)
Net current assets (liabilities): 353,205 295,576
Total assets less current liabilities: 405,823 350,634
Creditors: amounts falling due after more than one year: 5 (9,490) (14,298)
Provision for liabilities: (8,787) (9,075)
Total net assets (liabilities): 387,546 327,261
Capital and reserves
Called up share capital: 99 99
Profit and loss account: 387,447 327,162
Shareholders funds: 387,546 327,261

The notes form part of these financial statements

BEWDLEY BREWERY LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 October 2024
and signed on behalf of the board by:

Name: D E Carr
Status: Director

The notes form part of these financial statements

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable from the sales of goods, excluding vat.

Tangible fixed assets and depreciation policy

Depreciation is provided on a straight-line basis to write off each asset over its estimated useful life at the following annual rates: Expenditure on leasehold property - 15 - 50% Plant and equipment 10 - 15% Office equipment - 20% Motor vehicles - 25%

Valuation and information policy

Stocks 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 items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Taxation Taxation represents the sum of tax currently payable and deferred tax. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 12 9

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 206,838
Additions 19,457
At 31 December 2023 226,295
Depreciation
At 01 January 2023 151,795
Charge for year 21,897
At 31 December 2023 173,692
Net book value
At 31 December 2023 52,603
At 31 December 2022 55,043

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Investment The Old Schoolhouse (2017) Limited - 15 Ordinary shares of £1 each - £15 (2022: £15)

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

Creditors - amounts falling after more than one year consists of a bank loan which was part of the Government "Bounce Back" scheme offered where the Coronavirus pandemic had affected the trading of the company. The loan was interest free for 12 months and was repayable within 5 years.

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Financial commitments

Legal charges In April 2018, two legal charges in favour of Lloyds Bank Plc were registered at Companies House in respect of the assets of the company against a mortgage taken out by The Old Schoolhouse (2017) Limited for acquiring the freehold of the brewery premises. The Bewdley Brewery Limited holds a 13% stake in that company with Mr D E Carr and his immediate family holding the remaining 87%.

BEWDLEY BREWERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Related party transactions

The company has made funds available to The Old Schoolhouse (2017) Limited in which it holds a 13% stake. Currently this stands at £160,098 (£2022: £155,098).