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Company Registration No. 09926808 (England and Wales)
TOAST ALE LTD Unaudited accounts for the year ended 31 December 2024
TOAST ALE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
TOAST ALE LTD Company Information for the year ended 31 December 2024
Directors
Michael GILLANE Helen Victoria JONES Serge Robert Guy KREMER Paul John LINDLEY Tristram James Avondale STUART Robert John Niven WILSON Louisa ZIANE National Geographic Society
Company Number
09926808 (England and Wales)
Registered Office
17 - 19 TRITON STREET LONDON NW1 3BF ENGLAND
Accountants
Henshaws Accountants Office 7 37-39 Shakespeare Street Southport PR8 5AB
- 3 -
TOAST ALE LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
101,237 
4,161 
Tangible assets
5
15,917 
5,878 
Investments
6
101,908 
101,896 
219,062 
111,935 
Current assets
Inventories
175,601 
76,550 
Debtors
7
207,303 
246,669 
Cash at bank and in hand
811,537 
1,418,596 
1,194,441 
1,741,815 
Creditors: amounts falling due within one year
8
(109,094)
(155,490)
Net current assets
1,085,347 
1,586,325 
Total assets less current liabilities
1,304,409 
1,698,260 
Creditors: amounts falling due after more than one year
9
(252,861)
(270,982)
Net assets
1,051,548 
1,427,278 
Capital and reserves
Called up share capital
189 
189 
Share premium
3,635,581 
3,635,581 
Profit and loss account
(2,584,222)
(2,208,492)
Shareholders' funds
1,051,548 
1,427,278 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by
Louisa ZIANE Director Company Registration No. 09926808
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TOAST ALE LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
TOAST ALE LTD is a private company, limited by shares, registered in England and Wales, registration number 09926808. The registered office is 17 - 19 TRITON STREET, LONDON, NW1 3BF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
9,927 
Additions
103,230 
At 31 December 2024
113,157 
Amortisation
At 1 January 2024
5,766 
Charge for the year
6,154 
At 31 December 2024
11,920 
Net book value
At 31 December 2024
101,237 
At 31 December 2023
4,161 
- 5 -
TOAST ALE LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
6,526 
Additions
15,521 
At 31 December 2024
22,047 
Depreciation
At 1 January 2024
648 
Charge for the year
5,482 
At 31 December 2024
6,130 
Net book value
At 31 December 2024
15,917 
At 31 December 2023
5,878 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
101,896 
Fair value adjustments
12 
Valuation at 31 December 2024
101,908 
Toast Ale Ltd holds a 90.1% investment in its subsidiary Toast Ale LLC a US based company. As allowed under the small companies regime Toast Ale UK has not prepared consolidated accounts.
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
206,443 
225,612 
Accrued income and prepayments
860 
21,057 
207,303 
246,669 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
22,088 
17,186 
Trade creditors
66,112 
113,398 
Taxes and social security
10,063 
11,605 
Other creditors
2,051 
1,666 
Accruals
8,780 
11,635 
109,094 
155,490 
- 6 -
TOAST ALE LTD Notes to the Accounts for the year ended 31 December 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,656 
25,777 
Loans from directors
237,205 
245,205 
252,861 
270,982 
10
Average number of employees
During the year the average number of employees was 11 (2023: 7).
- 7 -