Noble Craft Brewing Limited 31/01/2025 iXBRL

Company registration number: 12384493

NOBLE CRAFT BREWING LIMITED

31 January 2025

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

NOBLE CRAFT BREWING LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

NOBLE CRAFT BREWING LIMITED

DIRECTORS AND OTHER INFORMATION


	Directors	Mr W D Leeke
		Mr J A Hughes


	Company number	12384493


	Registered office	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Business address	Little Acorns
		Castle Hill Farms
		Market Drayton
		Shropshire
		TF9 3SR


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

NOBLE CRAFT BREWING LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NOBLE CRAFT BREWING LIMITED

YEAR ENDED 31ST JANUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Noble Craft Brewing Limited for the year ended 31 January 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Noble Craft Brewing Limited, as a body, in accordance with the terms of our engagement letter dated 21 April 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Noble Craft Brewing Limited and state those matters that we have agreed to state to the board of directors of Noble Craft Brewing Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Noble Craft Brewing Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Noble Craft Brewing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Noble Craft Brewing Limited. You consider that Noble Craft Brewing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Noble Craft Brewing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

26 February 2025

NOBLE CRAFT BREWING LIMITED

STATEMENT OF FINANCIAL POSITION

31ST JANUARY 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	20,678		21,952
		_______		_______
			20,678		21,952

Current assets
Stocks		3,535		4,166
Debtors	6	6,134		7,688
Cash at bank and in hand		1,134		2,582
		_______		_______
		10,803		14,436
Creditors: amounts falling due
within one year	7	( 78,434)		( 75,809)
		_______		_______
Net current liabilities			( 67,631)		( 61,373)
			_______		_______
Total assets less current liabilities			( 46,953)		( 39,421)

			_______		_______
Net liabilities			( 46,953)		( 39,421)
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			( 46,955)		( 39,423)
			_______		_______
Shareholders deficit			( 46,953)		( 39,421)
			_______		_______

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 19 February 2025 , and are signed on behalf of the board by:

Mr W D Leeke Mr J A Hughes

Director Director

Company registration number: 12384493

NOBLE CRAFT BREWING LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST JANUARY 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 February 2023	2	( 36,782)	( 36,780)

Loss for the year		( 2,641)	( 2,641)
	_______	_______	_______
Total comprehensive income for the year	-	( 2,641)	( 2,641)

	_______	_______	_______
At 31 January 2024 and 1 February 2024	2	( 39,423)	( 39,421)

Loss for the year		( 7,532)	( 7,532)
	_______	_______	_______
Total comprehensive income for the year	-	( 7,532)	( 7,532)

	_______	_______	_______
At 31 January 2025	2	( 46,955)	( 46,953)
	_______	_______	_______

NOBLE CRAFT BREWING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST JANUARY 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company is insolvent and is dependant upon the continued support of the directors.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services supplied, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 February 2024	31,446	312	8,500	40,258
Additions	175	-	-	175
	_______	_______	_______	_______
At 31 January 2025	31,621	312	8,500	40,433
	_______	_______	_______	_______
Depreciation
At 1 February 2024	13,561	130	4,615	18,306
Charge for the year	1,354	14	81	1,449
	_______	_______	_______	_______
At 31 January 2025	14,915	144	4,696	19,755
	_______	_______	_______	_______
Carrying amount
At 31 January 2025	16,706	168	3,804	20,678
	_______	_______	_______	_______
At 31 January 2024	17,885	182	3,885	21,952
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	510	2,100
Other debtors	5,624	5,588
	_______	_______
	6,134	7,688
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	217	570
Other creditors	78,217	75,239
	_______	_______
	78,434	75,809
	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr W D Leeke	( 36,854)	( 1,000)	( 37,854)
	Mr J A Hughes	( 36,854)	( 1,000)	( 37,854)
		_______	_______	_______
		( 73,708)	( 2,000)	( 75,708)
		_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr W D Leeke	( 36,089)	( 765)	( 36,854)
	Mr J A Hughes	( 36,089)	( 765)	( 36,854)
		_______	_______	_______
		( 72,178)	( 1,530)	( 73,708)
		_______	_______	_______