IRIS Accounts Production v17.2.1.52 04667335 Board of Directors 1.4.16 31.3.17 31.3.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046673352016-03-31046673352017-03-31046673352016-04-012017-03-31046673352015-03-31046673352015-04-012016-03-31046673352016-03-3104667335ns15:EnglandWales2016-04-012017-03-3104667335ns14:PoundSterling2016-04-012017-03-3104667335ns10:Director12016-04-012017-03-3104667335ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3104667335ns10:SmallEntities2016-04-012017-03-3104667335ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3104667335ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3104667335ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3104667335ns10:FullAccounts2016-04-012017-03-3104667335ns10:Director22016-04-012017-03-3104667335ns10:CompanySecretary12016-04-012017-03-3104667335ns10:RegisteredOffice2016-04-012017-03-3104667335ns5:CurrentFinancialInstruments2017-03-3104667335ns5:CurrentFinancialInstruments2016-03-3104667335ns5:Non-currentFinancialInstruments2017-03-3104667335ns5:Non-currentFinancialInstruments2016-03-3104667335ns5:ShareCapital2017-03-3104667335ns5:ShareCapital2016-03-3104667335ns5:RetainedEarningsAccumulatedLosses2017-03-3104667335ns5:RetainedEarningsAccumulatedLosses2016-03-3104667335ns5:PlantMachinery2016-04-012017-03-3104667335ns5:LandBuildings2016-03-3104667335ns5:PlantMachinery2016-03-3104667335ns5:LandBuildings2016-04-012017-03-3104667335ns5:LandBuildings2017-03-3104667335ns5:PlantMachinery2017-03-3104667335ns5:LandBuildings2016-03-3104667335ns5:PlantMachinery2016-03-3104667335ns5:CostValuation2016-03-3104667335ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3104667335ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-3104667335ns10:Director112016-03-3104667335ns10:Director112015-03-3104667335ns10:Director112016-04-012017-03-3104667335ns10:Director112015-04-012016-03-3104667335ns10:Director112017-03-3104667335ns10:Director112016-03-3104667335ns10:Director222016-03-3104667335ns10:Director222015-03-3104667335ns10:Director222016-04-012017-03-3104667335ns10:Director222015-04-012016-03-3104667335ns10:Director222017-03-3104667335ns10:Director222016-03-31


REGISTERED NUMBER: 04667335 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

CONWY BREWERY LIMITED
CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

CONWY BREWERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2017







DIRECTORS: Mr G Thomas
Mrs A Thomas





SECRETARY: Mrs A Thomas





REGISTERED OFFICE: Unit 2, Ty Mawr Enterprize Park
Tan Y Craig Road
Llysfaen
LL29 8UE





REGISTERED NUMBER: 04667335 (England and Wales)





ACCOUNTANTS: Williams Denton Cyf
Chartered Certified Accountants
13 Trinity Square
Llandudno
North Wales
LL30 2RB
CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

BALANCE SHEET
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 319,660 318,176
Investments 5 25 25
319,685 318,201

CURRENT ASSETS
Stocks 70,125 41,707
Debtors 6 168,837 171,061
Cash at bank and in hand 166,634 221,994
405,596 434,762
CREDITORS
Amounts falling due within one year 7 99,562 133,029
NET CURRENT ASSETS 306,034 301,733
TOTAL ASSETS LESS CURRENT
LIABILITIES

625,719

619,934

CREDITORS
Amounts falling due after more than one
year

8

(91,856

)

(96,685

)

PROVISIONS FOR LIABILITIES (12,565 ) (7,500 )
NET ASSETS 521,298 515,749

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 521,148 515,599
SHAREHOLDERS' FUNDS 521,298 515,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.
CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

BALANCE SHEET - continued
31 March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 12 October 2017 and were signed on its behalf by:





Mr G Thomas - Director

CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2017


1. STATUTORY INFORMATION

Conwy Brewery Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .
CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2017


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2016 168,353 246,462 414,815
Additions - 22,816 22,816
At 31 March 2017 168,353 269,278 437,631
DEPRECIATION
At 1 April 2016 - 96,639 96,639
Charge for year - 21,332 21,332
At 31 March 2017 - 117,971 117,971
NET BOOK VALUE
At 31 March 2017 168,353 151,307 319,660
At 31 March 2016 168,353 149,823 318,176

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2016
and 31 March 2017 25
NET BOOK VALUE
At 31 March 2017 25
At 31 March 2016 25

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 140,727 151,208
Other debtors 28,110 19,853
168,837 171,061
CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2017


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Bank loans and overdrafts 4,956 5,057
Trade creditors 30,058 20,559
Taxation and social security 39,834 44,992
Other creditors 24,714 62,421
99,562 133,029

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.17 31.3.16
£    £   
Bank loans 91,856 96,685

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 72,032 75,181

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2017 and
31 March 2016:

31.3.17 31.3.16
£    £   
Mr G Thomas
Balance outstanding at start of year (19,979 ) (19,979 )
Amounts advanced 38,000 75,000
Amounts repaid (18,000 ) (75,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21 (19,979 )

Mrs A Thomas
Balance outstanding at start of year (19,980 ) (19,980 )
Amounts advanced 53,000 75,000
Amounts repaid (23,000 ) (75,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,020 (19,980 )
CONWY BREWERY LIMITED (REGISTERED NUMBER: 04667335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2017


10. FIRST YEAR ADOPTION

These financial statements for the year ended 31 March 2017 are the first financial statements that comply with
FRS 102 Section 1A small entities. The date of transition is 1 April 2015.

The transition to FRS 102 Section 1A small entities has resulted in no significant changes in accounting policies
to those used previously.


Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.