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REGISTERED NUMBER: 11068422 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

CHEVIOT BREWERY LTD

CHEVIOT BREWERY LTD (REGISTERED NUMBER: 11068422)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHEVIOT BREWERY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: J P Hodgson
P C Nash





REGISTERED OFFICE: Slainsfield
Cornhill On Tweed
Northumberland
TD12 4TP





REGISTERED NUMBER: 11068422 (England and Wales)





ACCOUNTANTS: J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP

CHEVIOT BREWERY LTD (REGISTERED NUMBER: 11068422)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 146,752 132,452

CURRENT ASSETS
Stocks 9,000 15,510
Debtors 5 3,492 5,516
Cash at bank 2,206 1,051
14,698 22,077
CREDITORS
Amounts falling due within one year 6 85,786 125,458
NET CURRENT LIABILITIES (71,088 ) (103,381 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,664

29,071

CREDITORS
Amounts falling due after more than one
year

7

211,293

186,889
NET LIABILITIES (135,629 ) (157,818 )

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings (135,635 ) (157,824 )
(135,629 ) (157,818 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

CHEVIOT BREWERY LTD (REGISTERED NUMBER: 11068422)

BALANCE SHEET - continued
30 NOVEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





J P Hodgson - Director


CHEVIOT BREWERY LTD (REGISTERED NUMBER: 11068422)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Cheviot Brewery Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

CHEVIOT BREWERY LTD (REGISTERED NUMBER: 11068422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1 December 2023 - 243,181 25,896 43,816 312,893
Additions 22,000 7,344 - - 29,344
Revaluations - - - 18,000 18,000
At 30 November 2024 22,000 250,525 25,896 61,816 360,237
DEPRECIATION
At 1 December 2023 - 122,060 14,565 43,816 180,441
Charge for year 1,467 22,022 5,055 4,500 33,044
At 30 November 2024 1,467 144,082 19,620 48,316 213,485
NET BOOK VALUE
At 30 November 2024 20,533 106,443 6,276 13,500 146,752
At 30 November 2023 - 121,121 11,331 - 132,452

Cost or valuation at 30 November 2024 is represented by:

Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Valuation in 2024 - - - 18,000 18,000
Cost 22,000 250,525 25,896 43,816 342,237
22,000 250,525 25,896 61,816 360,237

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,492 5,516

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,097 7,097
Trade creditors 14,714 66,333
Taxation and social security 20,819 20,199
Other creditors 43,156 31,829
85,786 125,458

CHEVIOT BREWERY LTD (REGISTERED NUMBER: 11068422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 209,316 177,779
Hire purchase contracts 1,977 9,110
211,293 186,889