Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10497249 Mrs Gemma Hampson-Isteed Mrs Lisa Hampson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10497249 2023-12-31 10497249 2024-12-31 10497249 2024-01-01 2024-12-31 10497249 frs-core:Non-currentFinancialInstruments 2024-12-31 10497249 frs-core:FurnitureFittings 2024-12-31 10497249 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10497249 frs-core:FurnitureFittings 2023-12-31 10497249 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 10497249 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10497249 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 10497249 frs-core:MotorVehicles 2024-12-31 10497249 frs-core:MotorVehicles 2024-01-01 2024-12-31 10497249 frs-core:MotorVehicles 2023-12-31 10497249 frs-core:PlantMachinery 2024-12-31 10497249 frs-core:PlantMachinery 2024-01-01 2024-12-31 10497249 frs-core:PlantMachinery 2023-12-31 10497249 frs-core:ShareCapital 2024-12-31 10497249 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10497249 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10497249 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10497249 frs-bus:SmallEntities 2024-01-01 2024-12-31 10497249 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10497249 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10497249 frs-bus:Director1 2024-01-01 2024-12-31 10497249 frs-bus:Director2 2024-01-01 2024-12-31 10497249 frs-countries:EnglandWales 2024-01-01 2024-12-31 10497249 2022-12-31 10497249 2023-12-31 10497249 2023-01-01 2023-12-31 10497249 frs-core:Non-currentFinancialInstruments 2023-12-31 10497249 frs-core:ShareCapital 2023-12-31 10497249 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10497249
Bare Brew Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Devonports LAS Accountants Ltd
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10497249
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,719 15,193
29,719 15,193
CURRENT ASSETS
Stocks 5 16,550 16,550
Cash at bank and in hand 6,240 2,803
22,790 19,353
Creditors: Amounts Falling Due Within One Year 6 (35,408 ) (33,057 )
NET CURRENT ASSETS (LIABILITIES) (12,618 ) (13,704 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,101 1,489
Creditors: Amounts Falling Due After More Than One Year 7 (36,472 ) (32,847 )
NET LIABILITIES (19,371 ) (31,358 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (19,471 ) (31,458 )
SHAREHOLDERS' FUNDS (19,371) (31,358)
Page 1
Page 2
For the year ending 31 December 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
Mrs Gemma Hampson-Isteed
Director
11/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bare Brew Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10497249 . The registered office is LAS Partnership, The Rivendell Centre, White Horse Lane, Maldon, Essex, CM9 5QP.
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:
Freehold 20% Straight Line
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% 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: 12 (2023: 12)
12 12
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2024 11,400 43,069 - 10,353 64,822
Additions - - 24,432 - 24,432
As at 31 December 2024 11,400 43,069 24,432 10,353 89,254
Depreciation
As at 1 January 2024 11,400 31,253 - 6,976 49,629
Provided during the period - 2,954 6,108 844 9,906
As at 31 December 2024 11,400 34,207 6,108 7,820 59,535
Net Book Value
As at 31 December 2024 - 8,862 18,324 2,533 29,719
As at 1 January 2024 - 11,816 - 3,377 15,193
5. Stocks
2024 2023
£ £
Stock 16,550 16,550
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Capital grants 35,408 33,057
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Capital grants 36,472 32,847
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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