Barnaby's Brewhouse Ltd 09949381 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is brewery Digita Accounts Production Advanced 6.30.9574.0 true 09949381 2024-04-01 2025-03-31 09949381 2025-03-31 09949381 bus:OrdinaryShareClass1 2025-03-31 09949381 core:CurrentFinancialInstruments 2025-03-31 09949381 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09949381 core:Non-currentFinancialInstruments 2025-03-31 09949381 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 09949381 core:FurnitureFittingsToolsEquipment 2025-03-31 09949381 core:LandBuildings 2025-03-31 09949381 core:MotorVehicles 2025-03-31 09949381 1 2025-03-31 09949381 bus:SmallEntities 2024-04-01 2025-03-31 09949381 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09949381 bus:FilletedAccounts 2024-04-01 2025-03-31 09949381 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09949381 bus:RegisteredOffice 2024-04-01 2025-03-31 09949381 bus:Director1 2024-04-01 2025-03-31 09949381 bus:Director2 2024-04-01 2025-03-31 09949381 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09949381 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09949381 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 09949381 core:LandBuildings 2024-04-01 2025-03-31 09949381 core:LeaseholdImprovements 2024-04-01 2025-03-31 09949381 core:MotorVehicles 2024-04-01 2025-03-31 09949381 core:OfficeEquipment 2024-04-01 2025-03-31 09949381 core:PlantMachinery 2024-04-01 2025-03-31 09949381 countries:EnglandWales 2024-04-01 2025-03-31 09949381 1 2024-04-01 2025-03-31 09949381 2024-03-31 09949381 core:FurnitureFittingsToolsEquipment 2024-03-31 09949381 core:LandBuildings 2024-03-31 09949381 core:MotorVehicles 2024-03-31 09949381 1 2024-03-31 09949381 2023-04-01 2024-03-31 09949381 2024-03-31 09949381 bus:OrdinaryShareClass1 2024-03-31 09949381 core:CurrentFinancialInstruments 2024-03-31 09949381 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09949381 core:Non-currentFinancialInstruments 2024-03-31 09949381 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 09949381 core:FurnitureFittingsToolsEquipment 2024-03-31 09949381 core:LandBuildings 2024-03-31 09949381 core:MotorVehicles 2024-03-31 09949381 1 2024-03-31 09949381 1 2023-04-01 2024-03-31 09949381 1 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09949381

Barnaby's Brewhouse Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Barnaby's Brewhouse Ltd

(Registration number: 09949381)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

8,403

13,409

Current assets

 

Debtors

5

394

1,885

Cash at bank and in hand

 

30,893

21,446

 

31,287

23,331

Creditors: Amounts falling due within one year

6

(110,827)

(109,279)

Net current liabilities

 

(79,540)

(85,948)

Total assets less current liabilities

 

(71,137)

(72,539)

Creditors: Amounts falling due after more than one year

6

(9,923)

(12,171)

Net liabilities

 

(81,060)

(84,710)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

(81,160)

(84,810)

Shareholders' deficit

 

(81,060)

(84,710)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 April 2025 and signed on its behalf by:
 

 

Barnaby's Brewhouse Ltd

(Registration number: 09949381)
Balance Sheet as at 31 March 2025

.........................................
Mr Tim Stacey
Director

.........................................
Mr Edward Barnaby Harris
Director

 

Barnaby's Brewhouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Old Stable
Hole Farm
Staverton
Devon
TQ11 0LA

The principal place of business is:
The Old Stable
Hole Farm
Staverton
Devon
TQ11 0LA

These financial statements were authorised for issue by the Board on 15 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are accounted for upon entitlement criteria and amounts being known.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Barnaby's Brewhouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Leasehold improvements

Over the period of the lease

Office equipment

20% reducing balance basis

Plant, Machinery and Brewing Equipment

25% reducing balance basis

Motor Vehicles

20% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and net realisable value.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Barnaby's Brewhouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

 

Barnaby's Brewhouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

11,739

31,909

1,750

45,398

Disposals

-

(28,789)

-

(28,789)

At 31 March 2025

11,739

3,120

1,750

16,609

Depreciation

At 1 April 2024

2,348

25,421

630

28,399

Charge for the year

2,348

154

224

2,726

Eliminated on disposal

-

(22,919)

-

(22,919)

At 31 March 2025

4,696

2,656

854

8,206

Carrying amount

At 31 March 2025

7,043

464

896

8,403

At 31 March 2024

9,391

2,898

1,120

13,409

Included within the net book value of land and buildings above is £7,043 (2024 - £9,391) in respect of short leasehold land and buildings.
 

5

Debtors

Current

2025
£

2024
£

Trade debtors

394

1,045

Prepayments

-

166

Other debtors

-

674

 

394

1,885

 

Barnaby's Brewhouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

8

2,160

2,160

Trade creditors

 

253

713

Taxation and social security

 

3,763

-

Accruals and deferred income

 

800

900

Other creditors

 

103,851

105,506

 

110,827

109,279

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

9,923

12,171

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary £1 of £1 each

100

100

100

100

       

8

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

9,923

12,171

Current loans and borrowings

2025
£

2024
£

Bank borrowings

2,160

2,160

 

Barnaby's Brewhouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9

Related party transactions

Director's loan account balance owing to directors from company at year end. No interest has been charged on the loans which remain repayable.

Transactions with directors

2025

At 1 April 2024
£

Advances to director
£

Repayments by director
£

At 31 March 2025
£

Directors loan account

(103,411)

184

(624)

(103,851)

 

2024

At 1 April 2023
£

Advances to director
£

At 31 March 2024
£

Directors loan account

(103,902)

491

(103,411)