Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 08388445 Mr Mark Nicholson Mrs Avelina Hood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08388445 2023-02-28 08388445 2024-02-29 08388445 2023-03-01 2024-02-29 08388445 frs-core:CurrentFinancialInstruments 2024-02-29 08388445 frs-core:Non-currentFinancialInstruments 2024-02-29 08388445 frs-core:ComputerEquipment 2023-03-01 2024-02-29 08388445 frs-core:FurnitureFittings 2024-02-29 08388445 frs-core:FurnitureFittings 2023-03-01 2024-02-29 08388445 frs-core:FurnitureFittings 2023-02-28 08388445 frs-core:PlantMachinery 2024-02-29 08388445 frs-core:PlantMachinery 2023-03-01 2024-02-29 08388445 frs-core:PlantMachinery 2023-02-28 08388445 frs-core:ShareCapital 2024-02-29 08388445 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 08388445 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 08388445 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 08388445 frs-bus:SmallEntities 2023-03-01 2024-02-29 08388445 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 08388445 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 08388445 frs-bus:Director1 2023-03-01 2024-02-29 08388445 frs-bus:Director1 2023-02-28 08388445 frs-bus:Director1 2024-02-29 08388445 frs-bus:Director2 2023-03-01 2024-02-29 08388445 frs-bus:Director2 2023-02-28 08388445 frs-bus:Director2 2024-02-29 08388445 frs-countries:EnglandWales 2023-03-01 2024-02-29 08388445 2022-02-28 08388445 2023-02-28 08388445 2022-03-01 2023-02-28 08388445 frs-core:CurrentFinancialInstruments 2023-02-28 08388445 frs-core:Non-currentFinancialInstruments 2023-02-28 08388445 frs-core:ShareCapital 2023-02-28 08388445 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 08388445
Brew Pub Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08388445
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,030 10,932
9,030 10,932
CURRENT ASSETS
Stocks 5 7,500 7,500
Debtors 6 45,200 35,179
Cash at bank and in hand 14,408 19,219
67,108 61,898
Creditors: Amounts Falling Due Within One Year 7 (143,833 ) (92,731 )
NET CURRENT ASSETS (LIABILITIES) (76,725 ) (30,833 )
TOTAL ASSETS LESS CURRENT LIABILITIES (67,695 ) (19,901 )
Creditors: Amounts Falling Due After More Than One Year 8 (14,064 ) (25,315 )
NET LIABILITIES (81,759 ) (45,216 )
CAPITAL AND RESERVES
Called up share capital 9 300 300
Profit and Loss Account (82,059 ) (45,516 )
SHAREHOLDERS' FUNDS (81,759) (45,216)
Page 1
Page 2
For the year ending 29 February 2024 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 Mark Nicholson
Director
Mrs Avelina Hood
Director
28/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brew Pub Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08388445 . The registered office is 2 High Street, Tunbridge Wells, TN1 1UX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 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% on Reducing Balance
Fixtures & Fittings 25% on Reducing Balance
Computer Equipment 25% on Reducing Balance
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: 13 (2023: 14)
13 14
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2023 16,431 23,424 39,855
Additions 274 624 898
As at 29 February 2024 16,705 24,048 40,753
Depreciation
As at 1 March 2023 12,700 16,223 28,923
Provided during the period 961 1,839 2,800
As at 29 February 2024 13,661 18,062 31,723
Net Book Value
As at 29 February 2024 3,044 5,986 9,030
As at 1 March 2023 3,731 7,201 10,932
5. Stocks
2024 2023
£ £
Finished goods 7,500 7,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 312 -
Prepayments and accrued income 10,194 396
Other debtors 24,117 24,783
Directors' loan accounts 10,577 10,000
45,200 35,179
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 52,180 44,027
Bank loans and overdrafts 27,032 24,638
Other taxes and social security 7,918 7,486
VAT 16,936 5,568
Other creditors 39,667 10,529
Accruals and deferred income 100 483
143,833 92,731
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,064 25,315
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 29 February 2024
£ £ £ £ £
Mr Mark Nicholson 2,500 370 - - 2,870
Mrs Avelina Hood 7,500 207 - - 7,707
The above loan is unsecured, interest free and repayable on demand.
Page 5