2023-02-012024-01-312024-01-31false10020902THE HAND BREWING COMPANY LIMITED2024-03-27iso4217:GBPxbrli:pure100209022023-02-01100209022024-01-31100209022023-02-012024-01-31100209022022-02-01100209022023-01-31100209022022-02-012023-01-3110020902bus:SmallEntities2023-02-012024-01-3110020902bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3110020902bus:AbridgedAccounts2023-02-012024-01-3110020902bus:PrivateLimitedCompanyLtd2023-02-012024-01-3110020902core:WithinOneYear2024-01-3110020902core:AfterOneYear2024-01-3110020902core:WithinOneYear2023-01-3110020902core:AfterOneYear2023-01-3110020902core:ShareCapital2024-01-3110020902core:SharePremium2024-01-3110020902core:RevaluationReserve2024-01-3110020902core:OtherReservesSubtotal2024-01-3110020902core:RetainedEarningsAccumulatedLosses2024-01-3110020902core:ShareCapital2023-01-3110020902core:SharePremium2023-01-3110020902core:RevaluationReserve2023-01-3110020902core:OtherReservesSubtotal2023-01-3110020902core:RetainedEarningsAccumulatedLosses2023-01-3110020902core:LandBuildings2024-01-3110020902core:PlantMachinery2024-01-3110020902core:Vehicles2024-01-3110020902core:FurnitureFittings2024-01-3110020902core:OfficeEquipment2024-01-3110020902core:NetGoodwill2024-01-3110020902core:IntangibleAssetsOtherThanGoodwill2024-01-3110020902core:ListedExchangeTraded2024-01-3110020902core:UnlistedNon-exchangeTraded2024-01-3110020902core:LandBuildings2023-01-3110020902core:PlantMachinery2023-01-3110020902core:Vehicles2023-01-3110020902core:FurnitureFittings2023-01-3110020902core:OfficeEquipment2023-01-3110020902core:NetGoodwill2023-01-3110020902core:IntangibleAssetsOtherThanGoodwill2023-01-3110020902core:ListedExchangeTraded2023-01-3110020902core:UnlistedNon-exchangeTraded2023-01-3110020902core:LandBuildings2023-02-012024-01-3110020902core:PlantMachinery2023-02-012024-01-3110020902core:Vehicles2023-02-012024-01-3110020902core:FurnitureFittings2023-02-012024-01-3110020902core:OfficeEquipment2023-02-012024-01-3110020902core:NetGoodwill2023-02-012024-01-3110020902core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110020902core:ListedExchangeTraded2023-02-012024-01-3110020902core:UnlistedNon-exchangeTraded2023-02-012024-01-3110020902core:MoreThanFiveYears2023-02-012024-01-3110020902core:Non-currentFinancialInstruments2024-01-3110020902core:Non-currentFinancialInstruments2023-01-3110020902dpl:CostSales2023-02-012024-01-3110020902dpl:DistributionCosts2023-02-012024-01-3110020902core:LandBuildings2023-02-012024-01-3110020902core:PlantMachinery2023-02-012024-01-3110020902core:Vehicles2023-02-012024-01-3110020902core:FurnitureFittings2023-02-012024-01-3110020902core:OfficeEquipment2023-02-012024-01-3110020902dpl:AdministrativeExpenses2023-02-012024-01-3110020902core:NetGoodwill2023-02-012024-01-3110020902core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110020902dpl:GroupUndertakings2023-02-012024-01-3110020902dpl:ParticipatingInterests2023-02-012024-01-3110020902dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3110020902core:ListedExchangeTraded2023-02-012024-01-3110020902dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3110020902core:UnlistedNon-exchangeTraded2023-02-012024-01-3110020902dpl:CostSales2022-02-012023-01-3110020902dpl:DistributionCosts2022-02-012023-01-3110020902core:LandBuildings2022-02-012023-01-3110020902core:PlantMachinery2022-02-012023-01-3110020902core:Vehicles2022-02-012023-01-3110020902core:FurnitureFittings2022-02-012023-01-3110020902core:OfficeEquipment2022-02-012023-01-3110020902dpl:AdministrativeExpenses2022-02-012023-01-3110020902core:NetGoodwill2022-02-012023-01-3110020902core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110020902dpl:GroupUndertakings2022-02-012023-01-3110020902dpl:ParticipatingInterests2022-02-012023-01-3110020902dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3110020902core:ListedExchangeTraded2022-02-012023-01-3110020902dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3110020902core:UnlistedNon-exchangeTraded2022-02-012023-01-3110020902core:NetGoodwill2024-01-3110020902core:IntangibleAssetsOtherThanGoodwill2024-01-3110020902core:LandBuildings2024-01-3110020902core:PlantMachinery2024-01-3110020902core:Vehicles2024-01-3110020902core:FurnitureFittings2024-01-3110020902core:OfficeEquipment2024-01-3110020902core:AfterOneYear2024-01-3110020902core:WithinOneYear2024-01-3110020902core:ListedExchangeTraded2024-01-3110020902core:UnlistedNon-exchangeTraded2024-01-3110020902core:ShareCapital2024-01-3110020902core:SharePremium2024-01-3110020902core:RevaluationReserve2024-01-3110020902core:OtherReservesSubtotal2024-01-3110020902core:RetainedEarningsAccumulatedLosses2024-01-3110020902core:NetGoodwill2023-01-3110020902core:IntangibleAssetsOtherThanGoodwill2023-01-3110020902core:LandBuildings2023-01-3110020902core:PlantMachinery2023-01-3110020902core:Vehicles2023-01-3110020902core:FurnitureFittings2023-01-3110020902core:OfficeEquipment2023-01-3110020902core:AfterOneYear2023-01-3110020902core:WithinOneYear2023-01-3110020902core:ListedExchangeTraded2023-01-3110020902core:UnlistedNon-exchangeTraded2023-01-3110020902core:ShareCapital2023-01-3110020902core:SharePremium2023-01-3110020902core:RevaluationReserve2023-01-3110020902core:OtherReservesSubtotal2023-01-3110020902core:RetainedEarningsAccumulatedLosses2023-01-3110020902core:NetGoodwill2022-02-0110020902core:IntangibleAssetsOtherThanGoodwill2022-02-0110020902core:LandBuildings2022-02-0110020902core:PlantMachinery2022-02-0110020902core:Vehicles2022-02-0110020902core:FurnitureFittings2022-02-0110020902core:OfficeEquipment2022-02-0110020902core:AfterOneYear2022-02-0110020902core:WithinOneYear2022-02-0110020902core:ListedExchangeTraded2022-02-0110020902core:UnlistedNon-exchangeTraded2022-02-0110020902core:ShareCapital2022-02-0110020902core:SharePremium2022-02-0110020902core:RevaluationReserve2022-02-0110020902core:OtherReservesSubtotal2022-02-0110020902core:RetainedEarningsAccumulatedLosses2022-02-0110020902core:AfterOneYear2023-02-012024-01-3110020902core:WithinOneYear2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3110020902core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3110020902core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3110020902core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3110020902core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3110020902core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3110020902bus:Director12023-02-012024-01-3110020902bus:Director22023-02-012024-01-3110020902bus:Director32023-02-012024-01-31

THE HAND BREWING COMPANY LIMITED

Registered Number
10020902
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

THE HAND BREWING COMPANY LIMITED
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

DALBY, Jennifer Kate
LEFT, Clark
TAVARE, Jack

Registered Address

33 Upper St. James's Street
Brighton
BN2 1JN

Registered Number

10020902 (England and Wales)
THE HAND BREWING COMPANY LIMITED
Statement of Financial Position
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets35,8567,081
5,8567,081
Current assets
Stocks32,04038,811
Debtors49,93140,106
Cash at bank and on hand7361,907
82,70780,824
Creditors amounts falling due within one year6(112,445)(145,642)
Net current assets (liabilities)(29,738)(64,818)
Total assets less current liabilities(23,882)(57,737)
Creditors amounts falling due after one year7(119,469)(94,245)
Net assets(143,351)(151,982)
Capital and reserves
Called up share capital102100
Profit and loss account(143,453)(152,082)
Shareholders' funds(143,351)(151,982)
The financial statements were approved and authorised for issue by the Board of Directors on 27 March 2024, and are signed on its behalf by:
DALBY, Jennifer Kate
Director
LEFT, Clark
Director
TAVARE, Jack
Director

Registered Company No. 10020902
THE HAND BREWING COMPANY LIMITED
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year55
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 February 2318,745
Additions632
At 31 January 2419,377
Depreciation and impairment
At 01 February 2311,664
Charge for year1,857
At 31 January 2413,522
Net book value
At 31 January 245,856
At 31 January 237,081
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables26,96224,286
Other debtors-1,740
Prepayments and accrued income3652,614
Total27,32728,640
5.Debtors: amounts due after one year

2024

2023

££
Other debtors22,60411,466
Total22,60411,466
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables68,17865,133
Taxation and social security3,36823,623
Other creditors34,45940,122
Accrued liabilities and deferred income6,44016,764
Total112,445145,642
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts119,46994,245
Total119,46994,245