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Company Registration No. 11188780 (England and Wales)
Fairy Glen Brewery Ltd Unaudited accounts for the year ended 31 January 2025
Fairy Glen Brewery Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Fairy Glen Brewery Ltd Company Information for the year ended 31 January 2025
Director
Kelvin Johns
Company Number
11188780 (England and Wales)
Registered Office
Evans Entwistle Venta House Maesglas Retail Park Newport Gwent NP20 2NS Wales
Accountants
Evans Entwistle Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Fairy Glen Brewery Ltd for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fairy Glen Brewery Ltd for the year ended 31 January 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH 9 October 2025
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Fairy Glen Brewery Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,776
8,920
Current assets
Debtors
5
7,566
5,454
Cash at bank and in hand
409
5,668
7,975
11,122
Creditors: amounts falling due within one year
6
(9,750)
(7,977)
Net current (liabilities)/assets
(1,775)
3,145
Total assets less current liabilities
3,001
12,065
Creditors: amounts falling due after more than one year
7
(29,245)
(39,040)
Net liabilities
(26,244)
(26,975)
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
(26,246)
(26,977)
Shareholders' funds
(26,244)
(26,975)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2025 and were signed on its behalf by
Kelvin Johns Director Company Registration No. 11188780
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Fairy Glen Brewery Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Fairy Glen Brewery Ltd is a private company, limited by shares, registered in England and Wales, registration number 11188780. The registered office is Evans Entwistle, Venta House, Maesglas Retail Park, Newport, Gwent, NP20 2NS, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10 years straight line
Motor vehicles
5 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Fairy Glen Brewery Ltd Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
13,778
16,595
30,373
At 31 January 2025
13,778
16,595
30,373
Depreciation
At 1 February 2024
7,624
13,829
21,453
Charge for the year
1,378
2,766
4,144
At 31 January 2025
9,002
16,595
25,597
Net book value
At 31 January 2025
4,776
-
4,776
At 31 January 2024
6,154
2,766
8,920
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
7,566
5,454
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,500
2,498
VAT
1,192
1,513
Trade creditors
4,228
3,056
Accruals
1,830
910
9,750
7,977
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
10,833
13,337
Loans from directors
18,412
25,703
29,245
39,040
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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