Company Registration No. 02842236 (England and Wales)
Brew Garage Services Limited
Unaudited accounts
for the year ended 31 August 2021
Brew Garage Services Limited
Unaudited accounts
Contents
Brew Garage Services Limited
Company Information
for the year ended 31 August 2021
Director
Brew Stephen Arnott
Secretary
Patrica Carol Evans
Company Number
02842236 (England and Wales)
Registered Office
23/23A Burleigh Road
Morden Park
Sutton Common
SM3 9NE
Accountants
Gordons Knight Ltd
41 Banstead Road South
Banstead Road South
Sutton
England
SM2 5LG
Brew Garage Services Limited
Statement of financial position
as at
31 August 2021
Tangible assets
1,175
1,637
Cash at bank and in hand
12,396
12,379
Creditors: amounts falling due within one year
(21,813)
(19,618)
Net current assets/(liabilities)
1,218
(1,699)
Net assets/(liabilities)
2,393
(62)
Called up share capital
100
100
Profit and loss account
2,293
(162)
Shareholders' funds
2,393
(62)
For the year ending 31 August 2021 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 director acknowledges his 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 and authorised for issue on 21 July 2022 and were signed on its behalf by
Brew Stephen Arnott
Director
Company Registration No. 02842236
Brew Garage Services Limited
Notes to the Accounts
for the year ended 31 August 2021
Brew Garage Services Limited is a private company, limited by shares, registered in England and Wales, registration number 02842236. The registered office is 23/23A Burleigh Road, Morden Park, Sutton Common, SM3 9NE.
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.
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:
Fixtures & fittings
25% WDV
Computer equipment
33% WDV
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.
Brew Garage Services Limited
Notes to the Accounts
for the year ended 31 August 2021
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2020
22,258
14,881
1,441
38,580
Disposals
(12,072)
(9,053)
(1,249)
(22,374)
At 31 August 2021
10,186
5,828
192
16,206
At 1 September 2020
22,048
13,500
1,395
36,943
Charge for the year
39
341
15
395
On disposals
(12,021)
(9,038)
(1,248)
(22,307)
At 31 August 2021
10,066
4,803
162
15,031
At 31 August 2021
120
1,025
30
1,175
At 31 August 2020
210
1,381
46
1,637
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
8,635
3,223
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
13,090
-
Taxes and social security
3,873
-
Loans from directors
37
9,113
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).