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REGISTERED NUMBER: 10043786 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Three Brothers Brewing Company Limited

Three Brothers Brewing Company Limited (Registered number: 10043786)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Three Brothers Brewing Company Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr C E Dodd
Mr D Dodd
Mrs BR Wright





REGISTERED OFFICE: Unit 4 Clayton Court
Bowesfield Industrial Estate
Stockton On Tees
TS18 3QX





REGISTERED NUMBER: 10043786 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

Three Brothers Brewing Company Limited (Registered number: 10043786)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,847 124,114

CURRENT ASSETS
Stocks 21,840 19,335
Debtors 5 57,760 73,166
Cash at bank and in hand 25,923 26,552
105,523 119,053
CREDITORS
Amounts falling due within one year 6 387,106 427,987
NET CURRENT LIABILITIES (281,583 ) (308,934 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(171,736

)

(184,820

)

CREDITORS
Amounts falling due after more than one
year

7

19,710

29,836
NET LIABILITIES (191,446 ) (214,656 )

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings (191,545 ) (214,755 )
(191,446 ) (214,656 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Three Brothers Brewing Company Limited (Registered number: 10043786)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





Mr C E Dodd - Director


Three Brothers Brewing Company Limited (Registered number: 10043786)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Three Brothers Brewing Company 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 FRS 102, Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

At the balance sheet date the company is insolvent. The company's continued existence is dependent upon the support of the directors. The directors confirm that this support will continue and for that reason the financial statements have been prepared on a going concern basis.

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, 25% on cost and 15% on reducing balance

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2022 - 3 ) .

Three Brothers Brewing Company Limited (Registered number: 10043786)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 224,827
Additions 12,832
Disposals (1,219 )
At 31 December 2023 236,440
DEPRECIATION
At 1 January 2023 100,713
Charge for year 26,154
Eliminated on disposal (274 )
At 31 December 2023 126,593
NET BOOK VALUE
At 31 December 2023 109,847
At 31 December 2022 124,114

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 42,419 58,567
Amounts owed by group undertakings 279 55
Other debtors 15,062 14,544
57,760 73,166

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 106
Trade creditors 21,397 54,646
Amounts owed to group undertakings 4,198 3,997
Taxation and social security 26,998 29,479
Other creditors 334,513 339,759
387,106 427,987

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 19,710 29,836