LOUGHRAN BREWERS SELECT LIMITED

Company Registration Number:
NI673793 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

LOUGHRAN BREWERS SELECT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

LOUGHRAN BREWERS SELECT LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

5 months to 31 March 2023


£

£
Fixed assets
Tangible assets: 3 417,625 377,559
Total fixed assets: 417,625 377,559
Current assets
Stocks: 1,351,809 1,763,874
Debtors:   949,365 885,436
Cash at bank and in hand: 1,783,829 388,768
Total current assets: 4,085,003 3,038,078
Creditors: amounts falling due within one year:   (4,497,671) (3,492,539)
Net current assets (liabilities): (412,668) (454,461)
Total assets less current liabilities: 4,957 (76,902)
Total net assets (liabilities): 4,957 (76,902)
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 4,856 (77,003)
Shareholders funds: 4,957 (76,902)

The notes form part of these financial statements

LOUGHRAN BREWERS SELECT LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 17 December 2024
and signed on behalf of the board by:

Name: James Loughran
Status: Director

The notes form part of these financial statements

LOUGHRAN BREWERS SELECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

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

LOUGHRAN BREWERS SELECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 5 months to 31 March 2023
Average number of employees during the period 13 13

LOUGHRAN BREWERS SELECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 401,599
Additions 103,096
At 31 March 2024 504,695
Depreciation
At 01 April 2023 24,040
Charge for year 63,030
At 31 March 2024 87,070
Net book value
At 31 March 2024 417,625
At 31 March 2023 377,559

LOUGHRAN BREWERS SELECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Related party transactions

Name of the related party:
Relationship:
Group Company
Description of the Transaction: Purchases from a company in the group structure were made in the period. The purchases were made on commercial terms.
£
Balance at 01 April 2023 1,399,976
Balance at 31 March 2024 1,885,310