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REGISTERED NUMBER: 08650035 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

VIBRANT FOREST BREWERY LIMITED

VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIBRANT FOREST BREWERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr K Robinson





REGISTERED OFFICE: Units 3 to 6
The Purlieu Centre
Hardley Industrial Estate
Hythe
Hampshire
SO45 3AE





REGISTERED NUMBER: 08650035 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Certified Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 262,595 316,897
Investments 5 100 -
262,695 316,897

CURRENT ASSETS
Stocks 111,543 179,891
Debtors 6 87,031 36,707
Cash at bank and in hand 3,652 15,119
202,226 231,717
CREDITORS
Amounts falling due within one year 7 225,631 177,823
NET CURRENT (LIABILITIES)/ASSETS (23,405 ) 53,894
TOTAL ASSETS LESS CURRENT LIABILITIES 239,290 370,791

CREDITORS
Amounts falling due after more than one year 8 (29,224 ) (65,629 )

PROVISIONS FOR LIABILITIES (33,573 ) (40,320 )
NET ASSETS 176,493 264,842

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 176,492 264,841
SHAREHOLDERS' FUNDS 176,493 264,842

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2025 and were signed by:





Mr K Robinson - Director


VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Vibrant Forest 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents invoiced sales of goods net of value added tax.

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 - in accordance with the property lease
Plant and machinery - 20% on cost, 10% on cost and 10% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

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


2. ACCOUNTING POLICIES - continued
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.

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 10 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 259,822 373,210 34,310 18,450 685,792
Additions - 2,327 2,187 - 4,514
Disposals - (20,067 ) (1,532 ) - (21,599 )
At 30 September 2024 259,822 355,470 34,965 18,450 668,707
DEPRECIATION
At 1 October 2023 116,749 215,417 19,839 16,890 368,895
Charge for year 28,614 24,862 4,950 390 58,816
Eliminated on disposal - (20,067 ) (1,532 ) - (21,599 )
At 30 September 2024 145,363 220,212 23,257 17,280 406,112
NET BOOK VALUE
At 30 September 2024 114,459 135,258 11,708 1,170 262,595
At 30 September 2023 143,073 157,793 14,471 1,560 316,897

VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

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


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 44,721 31,370
Amounts owed by associates 35,559 -
Other debtors 6,751 5,337
87,031 36,707

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 103,791 38,373
Trade creditors 30,744 34,206
Taxation and social security 32,571 38,012
Other creditors 58,525 67,232
225,631 177,823

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 29,224 65,629

9. LEASING AGREEMENTS
At the end of the accounting period the company was committed, under non-cancellable operating leases, to future payments of £210,000 (2023: £264,000).

VIBRANT FOREST BREWERY LIMITED (REGISTERED NUMBER: 08650035)

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


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 40,803 -
Bank loans 92,212 104,002
133,015 104,002

The bank loans and overdraft are secured over the assets of the company and a personal guarantee by Mr Robinson.