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REGISTERED NUMBER: 10410403 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COPPER DRAGON BREWERY LIMITED

COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COPPER DRAGON BREWERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: S Taylor
Mrs R Taylor





REGISTERED OFFICE: 3rd Floor, Ivy Mill,
Crown Street,
Failsworth
Manchester
M35 9BG





REGISTERED NUMBER: 10410403 (England and Wales)





ACCOUNTANTS: Strathmore Accountants Limited
3rd Floor, Ivy Mill,
Crown Street,
Failsworth
Manchester
M35 9BG

COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 61,276 64,015
Tangible assets 5 144,302 110,635
205,578 174,650

CURRENT ASSETS
Debtors 6 20,115 35,882
Cash at bank and in hand 431 2,019
20,546 37,901
CREDITORS
Amounts falling due within one year 7 (169,509 ) (54,783 )
NET CURRENT LIABILITIES (148,963 ) (16,882 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,615

157,768

CREDITORS
Amounts falling due after more than one
year

8

(5,238

)

(89,740

)
NET ASSETS 51,377 68,028

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 51,277 67,928
51,377 68,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:





S Taylor - Director


COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Copper Dragon Brewery Limited 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property - brand are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on cost and Straight line over various periods

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£ £ £
COST
At 1 January 2024 - 112,984 112,984
Additions 3,233 - 3,233
At 31 December 2024 3,233 112,984 116,217
AMORTISATION
At 1 January 2024 - 48,969 48,969
Charge for year 323 5,649 5,972
At 31 December 2024 323 54,618 54,941
NET BOOK VALUE
At 31 December 2024 2,910 58,366 61,276
At 31 December 2023 - 64,015 64,015

COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2024 126,690
Additions 45,834
At 31 December 2024 172,524
DEPRECIATION
At 1 January 2024 16,055
Charge for year 12,167
At 31 December 2024 28,222
NET BOOK VALUE
At 31 December 2024 144,302
At 31 December 2023 110,635

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
At 1 January 2024
and 31 December 2024 15,600
DEPRECIATION
At 1 January 2024 4,680
Charge for year 1,560
At 31 December 2024 6,240
NET BOOK VALUE
At 31 December 2024 9,360
At 31 December 2023 10,920

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 2,498 35,882
Other debtors 17,617 -
20,115 35,882

COPPER DRAGON BREWERY LIMITED (REGISTERED NUMBER: 10410403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 5,124 4,974
Hire purchase contracts 3,061 3,061
Trade creditors 5,864 6,325
Taxation and social security - 18,923
Other creditors 155,460 21,500
169,509 54,783

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 3,962 9,133
Hire purchase contracts 1,276 4,337
Other creditors - 76,270
5,238 89,740