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Company Registration No. 08254982 (England and Wales)
Settle Brewing Company Limited Unaudited accounts for the year ended 31 October 2024
Settle Brewing Company Limited Unaudited accounts Contents
Page
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Settle Brewing Company Limited Company Information for the year ended 31 October 2024
Director
Ian Daniel Simkins
Company Number
08254982 (England and Wales)
Registered Office
UNIT 2B THE SIDINGS INDUSTRIAL ESTATE SETTLE NORTH YORKSHIRE BD24 9RP
Accountants
Unisolutions Ltd 6-4-3 Alston House White Cross Industrial Estate Lancaster Lancashire LA1 4XF
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Settle Brewing Company Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,339 
26,790 
Current assets
Inventories
7,125 
6,936 
Debtors
34,037 
26,133 
Cash at bank and in hand
26 
246 
41,188 
33,315 
Creditors: amounts falling due within one year
(96,841)
(61,029)
Net current liabilities
(55,653)
(27,714)
Total assets less current liabilities
(36,314)
(924)
Creditors: amounts falling due after more than one year
(83,354)
(86,086)
Net liabilities
(119,668)
(87,010)
Capital and reserves
Called up share capital
1,885 
1,885 
Share premium
62,115 
62,115 
Profit and loss account
(183,668)
(151,010)
Shareholders' funds
(119,668)
(87,010)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 11 March 2025 and were signed on its behalf by
Ian Daniel Simkins Director Company Registration No. 08254982
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Settle Brewing Company Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Settle Brewing Company Limited is a private company, limited by shares, registered in England and Wales, registration number 08254982. The registered office is UNIT 2B, THE SIDINGS INDUSTRIAL ESTATE, SETTLE, NORTH YORKSHIRE, BD24 9RP.
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% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2023
9,136 
30,950 
100 
551 
40,737 
At 31 October 2024
9,136 
30,950 
100 
551 
40,737 
Depreciation
At 1 November 2023
7,263 
6,190 
100 
394 
13,947 
Charge for the year
1,105 
6,190 
- 
156 
7,451 
At 31 October 2024
8,368 
12,380 
100 
550 
21,398 
Net book value
At 31 October 2024
768 
18,570 
- 
1 
19,339 
At 31 October 2023
1,873 
24,760 
- 
157 
26,790 
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Settle Brewing Company Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,037 
26,133 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,328 
11,346 
Obligations under finance leases and hire purchase contracts
5,497 
5,497 
Trade creditors
14,478 
10,949 
Taxes and social security
16,704 
24,539 
Other creditors
47,834 
8,698 
96,841 
61,029 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
70,986 
68,221 
Obligations under finance leases and hire purchase contracts
12,368 
17,865 
83,354 
86,086 
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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