Company Registration No. 07424212 (England and Wales)
The Brownie Bar Ltd
Unaudited accounts
for the year ended 31 October 2017
The Brownie Bar Ltd
Unaudited accounts
Contents
The Brownie Bar Ltd
Company Information
for the year ended 31 October 2017
Directors
Rachael M Cawkwell
Sarah J Cawkwell
Secretary
Rachael Cawkwell
Company Number
07424212 (England and Wales)
Registered Office
237 Chillingham Road
Newcastle Upon Tyne
NE6 5LJ
UNITED KINGDOM
Accountants
Flourish Accountants & Business Advisors
2 Blencathra Way
Blaydon
Tyne and Wear
NE21 6SW
The Brownie Bar Ltd
Statement of financial position
as at
31 October 2017
Tangible assets
11,023
3,211
Cash at bank and in hand
190
1,981
Creditors: amounts falling due within one year
(20,096)
(5,341)
Net current assets
5,350
1,351
Total assets less current liabilities
16,373
4,562
Creditors: amounts falling due after more than one year
(20,535)
(15,333)
Provisions for liabilities
Net liabilities
(6,367)
(10,771)
Called up share capital
200
200
Profit and loss account
(6,567)
(10,971)
Shareholders' funds
(6,367)
(10,771)
For the year ending 31 October 2017 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 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.
Approved by the Board on 28 July 2018.
Rachael M Cawkwell
Director
Company Registration No. 07424212
The Brownie Bar Ltd
Notes to the Accounts
for the year ended 31 October 2017
The Brownie Bar Ltd is a private company, limited by shares, registered in England and Wales, registration number 07424212. The registered office is 237 Chillingham Road, Newcastle Upon Tyne, NE6 5LJ, UNITED KINGDOM.
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.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
20% reducing balance
Computer equipment
20% reducing balance
The Brownie Bar Ltd
Notes to the Accounts
for the year ended 31 October 2017
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2016
5,986
209
6,195
Additions
10,443
124
10,567
At 31 October 2017
16,429
333
16,762
At 1 November 2016
2,942
42
2,984
Charge for the year
2,697
58
2,755
At 31 October 2017
5,639
100
5,739
At 31 October 2017
10,790
233
11,023
At 31 October 2016
3,044
167
3,211
Raw materials
4,748
1,949
Trade debtors
6,541
2,762
Accrued income and prepayments
13,967
-
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
7,923
4,345
Trade creditors
8,834
3,085
Taxes and social security
(210)
(4,086)
Other creditors
1,759
1,997
Loans from directors
950
-
8
Creditors: amounts falling due after more than one year
2017
2016
9
Deferred taxation
2017
2016
Accelerated capital allowances
2,205
-
The Brownie Bar Ltd
Notes to the Accounts
for the year ended 31 October 2017
Charged to the profit and loss account
2,205
-
Provision at end of year
2,205
-
10
Average number of employees
During the year the average number of employees was 12 (2016: 9).