IRIS Accounts Production v24.2.0.383 08754870 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087548702022-12-31087548702023-12-31087548702023-01-012023-12-31087548702021-12-31087548702022-01-012022-12-31087548702022-12-3108754870ns15:EnglandWales2023-01-012023-12-3108754870ns14:PoundSterling2023-01-012023-12-3108754870ns10:Director12023-01-012023-12-3108754870ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108754870ns10:SmallEntities2023-01-012023-12-3108754870ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108754870ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108754870ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108754870ns10:FullAccounts2023-01-012023-12-3108754870ns10:OrdinaryShareClass12023-01-012023-12-3108754870ns10:Director22023-01-012023-12-3108754870ns10:RegisteredOffice2023-01-012023-12-3108754870ns5:CurrentFinancialInstruments2023-12-3108754870ns5:CurrentFinancialInstruments2022-12-3108754870ns5:Non-currentFinancialInstruments2023-12-3108754870ns5:Non-currentFinancialInstruments2022-12-3108754870ns5:ShareCapital2023-12-3108754870ns5:ShareCapital2022-12-3108754870ns5:RetainedEarningsAccumulatedLosses2023-12-3108754870ns5:RetainedEarningsAccumulatedLosses2022-12-3108754870ns5:FurnitureFittings2022-12-3108754870ns5:FurnitureFittings2023-01-012023-12-3108754870ns5:FurnitureFittings2023-12-3108754870ns5:FurnitureFittings2022-12-3108754870ns5:CostValuation2022-12-3108754870ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108754870ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108754870ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 08754870 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

BREWHUB H Q LTD

BREWHUB H Q LTD (REGISTERED NUMBER: 08754870)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BREWHUB H Q LTD

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTORS: Mr R Cameron
Mr D Stone





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 08754870 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

BREWHUB H Q LTD (REGISTERED NUMBER: 08754870)

STATEMENT OF FINANCIAL POSITION
31st December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,079 8,030
Investments 5 125,000 125,000
133,079 133,030

CURRENT ASSETS
Debtors 6 166,453 552,430
Cash at bank and in hand 11,778 11,404
178,231 563,834
CREDITORS
Amounts falling due within one year 7 (156,744 ) (535,349 )
NET CURRENT ASSETS 21,487 28,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

154,566

161,515

CREDITORS
Amounts falling due after more than one
year

8

(14,806

)

(24,946

)
NET ASSETS 139,760 136,569

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 139,660 136,469
SHAREHOLDERS' FUNDS 139,760 136,569

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

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

BREWHUB H Q LTD (REGISTERED NUMBER: 08754870)

STATEMENT OF FINANCIAL POSITION - continued
31st 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 3rd August 2024 and were signed on its behalf by:





Mr R Cameron - Director


BREWHUB H Q LTD (REGISTERED NUMBER: 08754870)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023


1. STATUTORY INFORMATION

Brewhub H.Q Limited is a private company limited by share capital, incorporated in England and Wales, registration number 08754870. The address of the registered office is 100 Barbirolli Square, Manchester, United Kingdom, M2 3BD. The principal place of business is Wylam Brewery, Exhibition Park, Access via Claremont Road, Newcastle upon tyne, NE2 4PZ.

2. ACCOUNTING POLICIES

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

Preparation of consolidated financial statements
The financial statements contain information about Brewhub H Q Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Turnover in respect of of management charges are recognised at the point at which services are provided.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixtures and fittings-20% on cost
Motor Vehicle-20% on reducing balance

At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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 statement of financial position date.

BREWHUB H Q LTD (REGISTERED NUMBER: 08754870)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023


2. ACCOUNTING POLICIES - continued

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st January 2023 35,215
Additions 3,216
At 31st December 2023 38,431
DEPRECIATION
At 1st January 2023 27,185
Charge for year 3,167
At 31st December 2023 30,352
NET BOOK VALUE
At 31st December 2023 8,079
At 31st December 2022 8,030

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st January 2023
and 31st December 2023 125,000
NET BOOK VALUE
At 31st December 2023 125,000
At 31st December 2022 125,000

BREWHUB H Q LTD (REGISTERED NUMBER: 08754870)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 70,000 105,951
Other debtors 96,453 446,479
166,453 552,430

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,140 9,890
Trade creditors 5,673 7,811
Taxation and social security 5,484 4,535
Other creditors 135,447 513,113
156,744 535,349

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 14,806 24,946

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

10. RELATED PARTY DISCLOSURES

As at the year end, the company was owed £93,881 (2022: £443,270 ) from companies under common control and the company owed £Nil (2022: £Nil) to other companies under common control.