Company Registration No. 10725187 (England and Wales)
ORCHARD ROAD BREWERY LIMITED
Unaudited accounts
for the year ended 30 April 2024
ORCHARD ROAD BREWERY LIMITED
Unaudited accounts
Contents
ORCHARD ROAD BREWERY LIMITED
Company Information
for the year ended 30 April 2024
Company Number
10725187 (England and Wales)
Registered Office
81 ORCHARD ROAD
DARLINGTON
DL3 6HR
UNITED KINGDOM
Accountants
Wecount Ltd
Business Central
2 Union Square
Darlington
County Durham
DL1 1GL
ORCHARD ROAD BREWERY LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
3,436
4,607
Cash at bank and in hand
4,400
3,159
Creditors: amounts falling due within one year
(25,110)
(30,003)
Net current liabilities
(12,860)
(13,211)
Net liabilities
(9,424)
(8,604)
Called up share capital
100
100
Profit and loss account
(9,524)
(8,704)
Shareholders' funds
(9,424)
(8,604)
For the year ending 30 April 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 director acknowledges his 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 30 January 2025 and were signed on its behalf by
DAVID IAN CLOUGH
Director
Company Registration No. 10725187
ORCHARD ROAD BREWERY LIMITED
Notes to the Accounts
for the year ended 30 April 2024
ORCHARD ROAD BREWERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10725187. The registered office is 81 ORCHARD ROAD, DARLINGTON, DL3 6HR, 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.
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.
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
A: 20% Straight Line, B: 50% Straight Line, 25% Reducing Balance
Fixtures & fittings
A: 20% Straight Line, B: 33% Straight Line
Computer equipment
A: 33% Straight Line, B: 50% Straight Line
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 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.
Although the liabilities exceed the assets of the company by £9,424, the Director considers that it is appropriate to prepare the accounts on a going concern basis and has pledged to continue to support the company.
ORCHARD ROAD BREWERY LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
18,066
5,162
5,445
28,673
At 30 April 2024
18,313
5,320
5,711
29,344
At 1 May 2023
14,144
5,010
4,912
24,066
Charge for the year
1,381
108
353
1,842
At 30 April 2024
15,525
5,118
5,265
25,908
At 30 April 2024
2,788
202
446
3,436
At 30 April 2023
3,922
152
533
4,607
Amounts falling due within one year
Accrued income and prepayments
1,146
1,745
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,912
18,556
Trade creditors
3,723
5,001
Taxes and social security
(29)
285
Loans from directors
3,055
788
The Director is owed the sum of £3,055. This amount is interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).