Company Registration No. 11828834 (England and Wales)
BCM BREWING COMPANY LTD
Unaudited accounts
for the year ended 29 February 2024
BCM BREWING COMPANY LTD
Unaudited accounts
Contents
BCM BREWING COMPANY LTD
Company Information
for the year ended 29 February 2024
Directors
David Richard Johnson
Lesley Edna Meeson
Company Number
11828834 (England and Wales)
Registered Office
OFFICE 42 IMEX BUSINESS CENTRE
OXLEASOW ROAD
REDDITCH
WORCS
B98 0RE
ENGLAND
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
BCM BREWING COMPANY LTD
Statement of financial position
as at 29 February 2024
Tangible assets
5,224
6,680
Cash at bank and in hand
3,362
5,570
Creditors: amounts falling due within one year
(32,553)
(28,232)
Net current (liabilities)/assets
(6,355)
1,499
Total assets less current liabilities
(1,131)
8,179
Creditors: amounts falling due after more than one year
(44,040)
(45,500)
Net liabilities
(45,171)
(37,321)
Called up share capital
100
100
Profit and loss account
(45,271)
(37,421)
Shareholders' funds
(45,171)
(37,321)
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 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 30 November 2024 and were signed on its behalf by
Lesley Edna Meeson
Director
Company Registration No. 11828834
BCM BREWING COMPANY LTD
Notes to the Accounts
for the year ended 29 February 2024
BCM BREWING COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 11828834. The registered office is OFFICE 42 IMEX BUSINESS CENTRE, OXLEASOW ROAD, REDDITCH, WORCS, B98 0RE, 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
20% Reducing balance method
Fixtures & fittings
20% Reducing balance method
Computer equipment
20% Straight line method
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.
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
BCM BREWING COMPANY LTD
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
11,787
1,541
689
14,017
At 29 February 2024
11,787
1,541
689
14,017
At 1 March 2023
5,889
911
537
7,337
Charge for the year
1,180
126
150
1,456
At 29 February 2024
7,069
1,037
687
8,793
At 29 February 2024
4,718
504
2
5,224
At 28 February 2023
5,898
630
152
6,680
Amounts falling due within one year
Accrued income and prepayments
725
725
Amounts falling due after more than one year
Other debtors
20,262
21,635
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,402
4,092
Taxes and social security
55
-
Other creditors
27,044
22,088
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).