REGISTERED NUMBER: OC316098 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Norfolk Broads Brewing LLP

Trading as

Humpty Dumpty Brewery

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Designated members:

Mrs L J George

Mr S A George

Registered office:

Humpty Dumpty Brewery

Church Road

Reedham

Norwich

Norfolk

NR13 3TZ

Registered number:

OC316098 (England and Wales)

Accountants:

Stephenson Smart (East Anglia) Limited

Queens Head House

The Street

Acle

Norwich

Norfolk

NR13 3DY

Fixed assets

Tangible assets

5

167,360

168,815

Current assets

Stocks

23,212

19,684

Debtors

6

19,280

23,919

Cash at bank and in hand

11,518

14,038

54,010

57,641

Creditors

Amounts falling due within one year

7

(54,681

)

(59,447

)

Net current liabilities

(671

)

(1,806

)

Total assets less current liabilities

166,689

167,009

Creditors

Amounts falling due after more than one year

8

(8,674

)

(14,475

)

Net assets attributable to members

158,015

152,534

Loans and other debts due to members

10

58,015

52,534

Members' other interests

Capital accounts

100,000

100,000

158,015

152,534

Total members' interests

Loans and other debts due to members

10

58,015

52,534

Members' other interests

100,000

100,000

158,015

152,534

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 29 September 2025 and were signed by:

Mrs L J George - Designated member

1.	Statutory information

Norfolk Broads Brewing LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	Statement of compliance

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3.	Accounting policies

Basis of preparing the financial statements

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.

Tangible fixed assets

Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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:

Freehold property

-

at 4% on cost and straight line basis over 50 years

Fixtures and fittings

-

25% p.a. reducing balance and 20% on cost

Motor vehicles

-

25% p.a. reducing balance

Computer equipment

-

33% 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

The company classifies its financial instruments in the following categories: measured at amortised cost; and measured at fair value through profit and loss. The classification is determined at initial recognition and depends on the purpose for which the financial instruments are required.

Measured at amortised cost includes non-derivative financial assets and liabilities with fixed or determinable payments that are not quoted in an active market. Financial assets are included in current assets, except where the maturity date is more than 12 months after the end of the reporting period. They are initially recorded at fair value and subsequently recorded at amortised cost. Financial liabilities are included in current liabilities, except where the maturity date is more than 12 months after the end of the reporting period. They are initially measured at original cost, less amortisation or provisions raised.

Measured at fair value through profit and loss includes financial assets and liabilities. They are classified according to maturity date, within current and non-current assets and liabilities respectively.

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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

4.	Employee information

The average number of employees during the year was 9 (2024 - 8 ) .

5.	Tangible fixed assets

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

194,492

204,867

14,595

14,796

428,750

Additions

-

4,475

-

-

4,475

At 31 March 2025

194,492

209,342

14,595

14,796

433,225

Depreciation

At 1 April 2024

36,687

198,010

11,541

13,697

259,935

Charge for year

2,759

1,807

764

600

5,930

At 31 March 2025

39,446

199,817

12,305

14,297

265,865

Net book value

At 31 March 2025

155,046

9,525

2,290

499

167,360

At 31 March 2024

157,805

6,857

3,054

1,099

168,815

Included in cost of land and buildings is freehold land of £ 60,000 (2024 - £ 60,000 ) which is not depreciated.

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

14,235

20,421

Other debtors

5,045

3,498

19,280

23,919

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

5,801

16,919

Trade creditors

28,159

22,988

Taxation and social security

4,415

5,561

Other creditors

16,306

13,979

54,681

59,447

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

8,674

14,475

9.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

14,475

31,394

The bank holds a fixed and floating charge over the assets of the partnership.

10.

Loans and other debts due to members

Loans and other debts due to members would rank equally with other unsecured creditors in the event of a winding up. In such an event no legally enforceable protection is afforded creditors in preference to the members.

11.	Ultimate controlling party