Torre Cider Co Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09692785

		2024		2023 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		19,510		39,024
Tangible Assets	5		242,143		270,871

			261,653		309,895
CURRENT ASSETS
Stocks	6	5,000		5,000
Debtors	7	2,454		-
Cash at bank and in hand		3		2,475

		7,457		7,475
Creditors: Amounts Falling Due Within One Year	8	(344,926 )		(350,509 )

NET CURRENT ASSETS (LIABILITIES)			(337,469 )		(343,034 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(75,816 )		(33,139 )

Creditors: Amounts Falling Due After More Than One Year	9		(4,233 )		-

NET LIABILITIES			(80,049 )		(33,139 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(80,149 )		(33,239 )

SHAREHOLDERS' FUNDS			(80,049)		(33,139)

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Torre Cider Co Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 25 September 2025 and were signed on its behalf by:

Mr N Freeman

Director

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Torre Cider Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09692785 . The registered office is Torre Cider Farm, Washford, Watchet, Somerset, TA23 0LA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% straight line
Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	10% reducing balance
Office equipment	33.3% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Torre Cider Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Financial Instruments

The company holds the following financial instruments:

Short term trade and other debtors and creditors;

Bank loans; and

Cash and bank balances.

All financial instruments are classified as basic.

Recognition and measurement

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecgonised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs and are subsequently carried at amortised cost using the effective interest method.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2023: 15)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	195,135

As at 31 December 2024	195,135

Amortisation
As at 1 January 2024	156,111
Provided during the period	19,514

As at 31 December 2024	175,625

...CONTINUED

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Torre Cider Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	19,510

As at 1 January 2024	39,024

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	116,331	287,714	5,417	140,763
Additions	3,987	-	-	1,014

As at 31 December 2024	120,318	287,714	5,417	141,777

Depreciation
As at 1 January 2024	-	229,940	2,782	47,074
Provided during the period	12,032	11,555	527	9,467

As at 31 December 2024	12,032	241,495	3,309	56,541

Net Book Value
As at 31 December 2024	108,286	46,219	2,108	85,236

As at 1 January 2024	116,331	57,774	2,635	93,689


	Office equipment	Total
	£	£
Cost
As at 1 January 2024	1,826	552,051
Additions	-	5,001

As at 31 December 2024	1,826	557,052

Depreciation
As at 1 January 2024	1,384	281,180
Provided during the period	148	33,729

As at 31 December 2024	1,532	314,909

Net Book Value
As at 31 December 2024	294	242,143

As at 1 January 2024	442	270,871

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Torre Cider Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Stocks

	2024	2023 as restated
	£	£
Stock	5,000	5,000

7. Debtors

	2024	2023 as restated
	£	£
Due within one year
Trade debtors	496	-
Prepayments and accrued income	1,958	-

	2,454	-

8. Creditors: Amounts Falling Due Within One Year

	2024	2023 as restated
	£	£
Trade creditors	1,045	1,178
Bank loans and overdrafts	7,564	-
Other loans	5,000	10,000
Other taxes and social security	-	84
VAT	1,485	5,666
Other creditors	3,016	80
Accruals and deferred income	2,370	2,270
Directors' loan accounts	324,446	330,714
Payments on account	-	517

	344,926	350,509

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023 as restated
	£	£
Bank loans	4,233	-

10. Share Capital

	2024	2023 as restated
	£	£
Allotted, Called up and fully paid	100	100

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