THE INNOVATIVE BREWING COMPANY LTD

Company Registration Number:
12356101 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

THE INNOVATIVE BREWING COMPANY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

THE INNOVATIVE BREWING COMPANY LTD

Company Information

for the Period Ended 31 December 2024




Registered office: 533
Kings Road
London
England
SW10 0TZ
Company Registration Number: 12356101 (England and Wales)

THE INNOVATIVE BREWING COMPANY LTD

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 140,130 53,300
Income from coronavirus (COVID-19) business support grants - 0
Distribution Costs ( 120,480 ) ( 23,004 )
Administrative Expenses ( 1,274,662 ) ( 525,622 )
Operating Profit or (Loss) ( 1,255,012 ) ( 495,326 )
Profit or (Loss) Before Tax ( 1,255,012 ) ( 495,326 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 1,255,012 ) ( 495,326 )

The notes form part of these financial statements

THE INNOVATIVE BREWING COMPANY LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 152,898 91,053
Total fixed assets: 152,898 91,053
Current assets
Stocks: 140,771 26,247
Debtors: 345,843 88,447
Cash at bank and in hand: 771,835 172,612
Total current assets: 1,258,449 287,306
Prepayments and accrued income: 28,297
Creditors: amounts falling due within one year: ( 283,529 ) ( 106,783 )
Net current assets (liabilities): 1,003,217 180,523
Total assets less current liabilities: 1,156,115 271,576
Total net assets (liabilities): 1,156,115 271,576

The notes form part of these financial statements

THE INNOVATIVE BREWING COMPANY LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 3,087,691 946,464
Profit and loss account: ( 1,931,576 ) ( 674,888 )
Shareholders funds: 1,156,115 271,576

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 July 2025
And Signed On Behalf Of The Board By:

Name: Maria Cienfuegos
Status: Director

The notes form part of these financial statements

THE INNOVATIVE BREWING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE INNOVATIVE BREWING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 11 7

THE INNOVATIVE BREWING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

THE INNOVATIVE BREWING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 108,345
Additions 82,968
Disposals -
Revaluations -
Transfers -
At 31 December 2024 191,313
Depreciation
At 01 January 2024 17,292
Charge for year 21,123
On disposals -
Other adjustments -
At 31 December 2024 38,415
Net book value
At 31 December 2024 152,898
At 31 December 2023 91,053

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.