REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
for |
Beehive Brewing Company Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
for |
Beehive Brewing Company Limited |
Beehive Brewing Company Limited (Registered number: 11035127) |
Contents of the Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Beehive Brewing Company Limited |
Company Information |
for the Period 1 November 2022 to 31 March 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Polymer Court |
Hope Street |
Dudley |
West Midlands |
DY2 8RS |
Beehive Brewing Company Limited (Registered number: 11035127) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.10.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Beehive Brewing Company Limited (Registered number: 11035127) |
Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the director and authorised for issue on |
Beehive Brewing Company Limited (Registered number: 11035127) |
Notes to the Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Beehive Brewing Company Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Beehive Brewing Company Limited (Registered number: 11035127) |
Notes to the Financial Statements - continued |
for the Period 1 November 2022 to 31 March 2024 |
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 November 2022 |
and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 October 2022 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: Enville Brewery, Cox Green, Hollies Lane, Stourbridge, West Midlands, DY7 5LG. |
Nature of business: |
% |
Class of shares: | holding |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.10.22 |
£ | £ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.10.22 |
£ | £ |
Bank loans and overdrafts |
Loan with associated company |
VAT | 106 | 1,080 |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.24 | 31.10.22 |
£ | £ |
Bank loans - 2-5 years |
Beehive Brewing Company Limited (Registered number: 11035127) |
Notes to the Financial Statements - continued |
for the Period 1 November 2022 to 31 March 2024 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.3.24 | 31.10.22 |
£ | £ |
Bank loans |
Barclays Bank Plc hold a personal guarantee from the director in respect of the bank loan facility. |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.24 | 31.10.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
10. | RELATED PARTY DISCLOSURES |
The company is the ultimate parent company of Enville Ales Limited. The company has been funded a loan from Enville Ales Limited, the balance of the loan at the year end was £985,000. (2023 - £985,000). The loan is interest free and repayable on demand. |
Debtors (including non interest bearing loans) as at 31 March 2024 include due from Enville Ales Limited £25,481, (2023 - £24,762). The transactions are unsecured, interest free loans repayable on demand. |
11. | ULTIMATE CONTROLLING PARTY |
The controlling party is M E E Braham. |