REGISTERED NUMBER: 11927812 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

POWDER MONKEY BREWING CO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Burdon

M J Ellwood

T B Jacobs

M D P McGeever

C McGeever

B S Stream

S G Thompson

M P West

REGISTERED OFFICE:

Priddy's Hard

Heritage Way

Gosport

PO12 4FL

REGISTERED NUMBER:

11927812 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

401,987

428,148

CURRENT ASSETS

Stocks

147,247

85,904

Debtors

5

394,589

176,339

Cash at bank and in hand

11,584

15,158

553,420

277,401

CREDITORS

Amounts falling due within one year

6

(772,756

)

(440,802

)

NET CURRENT LIABILITIES

(219,336

)

(163,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

182,651

264,747

CREDITORS

Amounts falling due after more than one year

7

-

(5,420

)

NET ASSETS

182,651

259,327

CAPITAL AND RESERVES

Called up share capital

9

124

124

Share premium

507,476

507,476

Retained earnings

(324,949

)

(248,273

)

SHAREHOLDERS' FUNDS

182,651

259,327

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.

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 29 September 2025 and were signed on its behalf by:

A Burdon - Director

1.	STATUTORY INFORMATION

Powder Monkey Brewing Co 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Revenue from the sale of goods is recognised at the point of despatch.

Tangible fixed assets

Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Short leasehold

-

25 years on cost

Plant & machinery

-

15 years on cost

Fixtures & fittings

-

3 and 5 years on cost

Motor vehicles

-

6 years on cost

Computer equipment

-

5 years on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has not further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Impairment

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

187,531

266,222

17,647

Additions

-

5,982

3,583

At 31 December 2024

187,531

272,204

21,230

DEPRECIATION

At 1 January 2024

20,903

40,875

9,046

Charge for year

7,501

18,167

5,315

At 31 December 2024

28,404

59,042

14,361

NET BOOK VALUE

At 31 December 2024

159,127

213,162

6,869

At 31 December 2023

166,628

225,347

8,601

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

33,875

2,951

508,226

Additions

-

1,594

11,159

At 31 December 2024

33,875

4,545

519,385

DEPRECIATION

At 1 January 2024

8,156

1,098

80,078

Charge for year

5,646

691

37,320

At 31 December 2024

13,802

1,789

117,398

NET BOOK VALUE

At 31 December 2024

20,073

2,756

401,987

At 31 December 2023

25,719

1,853

428,148

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

65,819

27,009

Other debtors

328,770

149,330

394,589

176,339

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

512

Hire purchase contracts

4,692

5,621

Trade creditors

59,429

43,592

Amounts owed to group undertakings

689,207

367,660

Taxation and social security

12,674

17,906

Other creditors

6,754

5,511

772,756

440,802

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

728

Hire purchase contracts

-

4,692

-

5,420

8.	DEFERRED TAX

£

Balance at 1 January 2024

(130,000

)

Corporation tax losses

(60,596

)

Balance at 31 December 2024

(190,596

)

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

12,414

Ordinary

£0.01

124

124

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.