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REGISTERED NUMBER: 05036037 (England and Wales)





























Unaudited Financial Statements for the Year Ended 31 October 2024

for

Bank Top Brewery Limited

Bank Top Brewery Limited (Registered number: 05036037)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bank Top Brewery Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr Sharn David Sweeney
Mrs Angela Sweeney





SECRETARY: Mrs Angela Sweeney





REGISTERED OFFICE: The Pavilion
Ashworth Lane
Bank Top
Bolton
Lancashire
BL1 8RA





REGISTERED NUMBER: 05036037 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Bank Top Brewery Limited (Registered number: 05036037)

Balance Sheet
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 13,905 40,452
Tangible assets 5 39,077 51,636
52,982 92,088

CURRENT ASSETS
Stocks 54,449 48,163
Debtors 6 66,293 56,441
Cash at bank and in hand 95,608 30,857
216,350 135,461
CREDITORS
Amounts falling due within one year 7 (78,211 ) (51,014 )
NET CURRENT ASSETS 138,139 84,447
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,121

176,535

PROVISIONS FOR LIABILITIES 8 (9,769 ) (12,909 )
NET ASSETS 181,352 163,626

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 181,252 163,526
SHAREHOLDERS' FUNDS 181,352 163,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

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

Bank Top Brewery Limited (Registered number: 05036037)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





Mr Sharn David Sweeney - Director


Bank Top Brewery Limited (Registered number: 05036037)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Bank Top 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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of four years.

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 cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% 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 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.

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.

Bank Top Brewery Limited (Registered number: 05036037)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

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. INTANGIBLE FIXED ASSETS
Goodwill Website Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 507,090 4,770 511,860
AMORTISATION
At 1 November 2023 467,830 3,578 471,408
Amortisation for year 25,355 1,192 26,547
At 31 October 2024 493,185 4,770 497,955
NET BOOK VALUE
At 31 October 2024 13,905 - 13,905
At 31 October 2023 39,260 1,192 40,452

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 November 2023 29,491 43,199 48,268 120,958
Additions - 465 - 465
At 31 October 2024 29,491 43,664 48,268 121,423
DEPRECIATION
At 1 November 2023 29,491 30,781 9,050 69,322
Charge for year - 3,220 9,804 13,024
At 31 October 2024 29,491 34,001 18,854 82,346
NET BOOK VALUE
At 31 October 2024 - 9,663 29,414 39,077
At 31 October 2023 - 12,418 39,218 51,636

Bank Top Brewery Limited (Registered number: 05036037)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,597 46,799
Amounts owed by group undertakings - 47
Other debtors - 60
Tax 51 901
Prepayments 8,645 8,634
66,293 56,441

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,549 5,082
Amounts owed to group undertakings 332 -
Tax 18,610 -
Social security and other taxes 34,017 30,105
Other creditors 1,201 -
Net Wages Control Account 47 -
Accrued expenses 16,455 15,827
78,211 51,014

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 9,769 12,909

Deferred
tax
£   
Balance at 1 November 2023 12,909
Provided during year (3,140 )
Balance at 31 October 2024 9,769

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100