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REGISTERED NUMBER: 08468430 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

BRASS CASTLE BREWERY LIMITED

BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRASS CASTLE BREWERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: P J R Saltonstall





REGISTERED OFFICE: 10a Yorkersgate
Malton
North Yorkshire
YO17 7AB





REGISTERED NUMBER: 08468430 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 273 364
Tangible assets 5 264,103 247,075
264,376 247,439

CURRENT ASSETS
Stocks 27,267 29,137
Debtors 6 118,875 45,745
Cash at bank and in hand 313 6,573
146,455 81,455
CREDITORS
Amounts falling due within one year 7 413,473 219,800
NET CURRENT LIABILITIES (267,018 ) (138,345 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,642 ) 109,094

CREDITORS
Amounts falling due after more than one year 8 (135,775 ) (128,455 )

PROVISIONS FOR LIABILITIES - (1,892 )
NET LIABILITIES (138,417 ) (21,253 )

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 - 4,060
Retained earnings (138,517 ) (25,413 )
SHAREHOLDERS' FUNDS (138,417 ) (21,253 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)

BALANCE SHEET - continued
30TH APRIL 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th January 2025 and were signed by:





P J R Saltonstall - Director


BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Brass Castle Brewery 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Revenue is recognised once the goods have been completed and where it is virtually certain that payment will be received.

Website costs
Website costs are being amortised on a 25% reducing balance basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 15% on reducing balance and 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Long-term plant and machinery is being revalued at regular intervals to ensure that the carrying amount is not materially different to the fair value.

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 Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

2. ACCOUNTING POLICIES - continued

Going concern
Despite the company showing net liabilities, the financial statements have been prepared on a going concern basis. The director will continue to support the company for a period in excess of twelve months from the date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st May 2023
and 30th April 2024 4,849
AMORTISATION
At 1st May 2023 4,485
Charge for year 91
At 30th April 2024 4,576
NET BOOK VALUE
At 30th April 2024 273
At 30th April 2023 364

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st May 2023 99,189 349,356 6,618
Additions - 70,793 -
Disposals - (78,057 ) -
At 30th April 2024 99,189 342,092 6,618
DEPRECIATION
At 1st May 2023 44,699 184,712 5,687
Charge for year 5,449 30,783 233
Eliminated on disposal - (58,083 ) -
At 30th April 2024 50,148 157,412 5,920
NET BOOK VALUE
At 30th April 2024 49,041 184,680 698
At 30th April 2023 54,490 164,644 931

BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st May 2023 41,783 6,541 503,487
Additions 12,318 250 83,361
Disposals - - (78,057 )
At 30th April 2024 54,101 6,791 508,791
DEPRECIATION
At 1st May 2023 16,612 4,702 256,412
Charge for year 9,372 522 46,359
Eliminated on disposal - - (58,083 )
At 30th April 2024 25,984 5,224 244,688
NET BOOK VALUE
At 30th April 2024 28,117 1,567 264,103
At 30th April 2023 25,171 1,839 247,075

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 85,469 35,917
Other debtors 33,406 9,828
118,875 45,745

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,029 -
Hire purchase contracts and finance leases (see note 9)
20,070

29,828
Trade creditors 80,551 64,478
Taxation and social security 38,265 11,844
Other creditors 272,558 113,650
413,473 219,800

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts and finance leases (see note 9)
54,445

15,015
Other creditors 81,330 113,440
135,775 128,455

BRASS CASTLE BREWERY LIMITED (REGISTERED NUMBER: 08468430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts Finance leases
2024 2023 2024 2023
£    £    £    £   
Net obligations repayable:
Within one year 8,316 29,828 11,754 -
Between one and five years 17,224 15,015 37,221 -
25,540 44,843 48,975 -

Non-cancellable operating leases
2024 2023
£    £   
Between one and five years 55,416 -

10. RESERVES
Revaluation
reserve
£   
At 1st May 2023 4,060
Revaluation adjustment (4,060 )

At 30th April 2024 -

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £114,880 (2023 - £71,000) to a member of the director's close family. Interest is charged on this balance. This loan is repayable in installments and is shown in creditors due within one year.

At the balance sheet date, the company owed £30,000 (2023 - £nil) to members of key management personnel. No interest is charged on this balance. This loan is repayable on demand and is shown in creditors due within one year.