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REGISTERED NUMBER: 04461901 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

BRISTOL BREWING COMPANY LIMITED

BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


BRISTOL BREWING COMPANY LIMITED

Company Information
for the year ended 30 April 2024







DIRECTORS: Agenda Marketing Holdings Limited
S Burrows
G R P Ferguson
R A Newell
G B Newell





REGISTERED OFFICE: Bristol Beer Factory Tap Room
291 North Street
Bedminster
Bristol
BS3 1JP





REGISTERED NUMBER: 04461901 (England and Wales)





ACCOUNTANTS: Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bristol Brewing Company Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bristol Brewing Company Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bristol Brewing Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bristol Brewing Company Limited and state those matters that we have agreed to state to the Board of Directors of Bristol Brewing Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bristol Brewing Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bristol Brewing Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bristol Brewing Company Limited. You consider that Bristol Brewing Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bristol Brewing Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL


30 January 2025

BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,131,038 2,108,292

CURRENT ASSETS
Stocks 193,417 213,245
Debtors 5 870,124 468,621
Cash at bank and in hand 590,334 623,905
1,653,875 1,305,771
CREDITORS
Amounts falling due within one year 6 1,008,324 1,061,735
NET CURRENT ASSETS 645,551 244,036
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,776,589

2,352,328

CREDITORS
Amounts falling due after more than one
year

7

(678,673

)

(731,199

)

PROVISIONS FOR LIABILITIES 9 (109,572 ) (116,811 )
NET ASSETS 1,988,344 1,504,318

CAPITAL AND RESERVES
Called up share capital 10 8,706 8,706
Share premium 511,853 511,853
Retained earnings 1,467,785 983,759
SHAREHOLDERS' FUNDS 1,988,344 1,504,318

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)

Balance Sheet - continued
30 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 Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:




S Burrows - Director



Agenda Marketing Holdings Limited - Director


BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Bristol 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 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with the parent company within the group.

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 from food and drink sales is recognised when the goods are transferred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost and Land is not depreciated
Long leasehold - 10% on reducing balance
Plant & machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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 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.

BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant &
property leasehold machinery
£    £    £   
COST
At 1 May 2023 1,795,652 19,472 1,008,531
Additions 73,488 - 15,095
At 30 April 2024 1,869,140 19,472 1,023,626
DEPRECIATION
At 1 May 2023 159,339 14,327 575,643
Charge for year 21,683 514 67,198
At 30 April 2024 181,022 14,841 642,841
NET BOOK VALUE
At 30 April 2024 1,688,118 4,631 380,785
At 30 April 2023 1,636,313 5,145 432,888

BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 60,595 21,748 2,905,998
Additions 41,066 1,140 130,789
At 30 April 2024 101,661 22,888 3,036,787
DEPRECIATION
At 1 May 2023 29,399 18,998 797,706
Charge for year 18,065 583 108,043
At 30 April 2024 47,464 19,581 905,749
NET BOOK VALUE
At 30 April 2024 54,197 3,307 2,131,038
At 30 April 2023 31,196 2,750 2,108,292

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 478,882 425,171
Other debtors 391,242 43,450
870,124 468,621

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 147,386 54,940
Hire purchase contracts 56,407 79,231
Trade creditors 274,402 229,037
Taxation and social security 366,230 452,631
Other creditors 163,899 245,896
1,008,324 1,061,735

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 608,875 663,019
Hire purchase contracts 69,798 68,180
678,673 731,199

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 468,589 492,733

BRISTOL BREWING COMPANY LIMITED (REGISTERED NUMBER: 04461901)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Included in loans is a government backed loan of £75,000 (2023 £105,000)

8. SECURED DEBTS

Bank loans of £75,000 (2023: £105,000) are government backed and secured by a legal charge over the long leasehold property.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 109,572 116,811

Deferred
tax
£   
Balance at 1 May 2023 116,811
Accelerated capital allowances (7,239 )
Balance at 30 April 2024 109,572

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
8,706,250 Ordinary 0.001 8,706 8,706

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date a Director owed the Company £56,859 (2023: £nil). During the year £60,381 was advanced (2023: £nil) and £3,522 was repaid (2023: £nil).

12. PARENT COMPANY

The parent company is Bristol Beer Factory Limited.

13. LEASING AGREEMENTS

At the year end the company had total outstanding leasing commitments of £29,237 over 5 years (2023: £3,196).