Company Registration No. 09383901 (England and Wales)
Steam Machine Brewing Company Ltd
Unaudited accounts
for the year ended 31 January 2025
Steam Machine Brewing Company Ltd
Unaudited accounts
Contents
Steam Machine Brewing Company Ltd
Company Information
for the year ended 31 January 2025
Directors
Nicholas Andrew Smith
Gulen Ozmeral Smith
Company Number
09383901 (England and Wales)
Registered Office
26 Northfield Way
Aycliffe Business ParK
Newton Aycliffe
County Durham
DL5 6UF
Accountants
Wecount Ltd
Business Central
2 Union Square
Darlington
County Durham
DL1 1GL
Steam Machine Brewing Company Ltd
Statement of financial position
as at 31 January 2025
Intangible assets
600
1,200
Tangible assets
49,980
62,706
Cash at bank and in hand
25,407
25,711
Creditors: amounts falling due within one year
(123,824)
(119,585)
Net current liabilities
(17,254)
(40,393)
Total assets less current liabilities
33,326
23,513
Creditors: amounts falling due after more than one year
(78,801)
(87,215)
Net liabilities
(45,475)
(63,702)
Called up share capital
100
100
Profit and loss account
(45,575)
(63,802)
Shareholders' funds
(45,475)
(63,702)
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 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 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 of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by
Nicholas Andrew Smith
Director
Company Registration No. 09383901
Steam Machine Brewing Company Ltd
Notes to the Accounts
for the year ended 31 January 2025
Steam Machine Brewing Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 09383901. The registered office is 26 Northfield Way, Aycliffe Business ParK, Newton Aycliffe, County Durham, DL5 6UF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
A: 50% Straight Line, B: 33% Straight Line, C: 20% Straight Line, D: 10% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The Directors have a reasonable expectation at the time of approving the financial statements that the company has adequate resources to continue to trade for the foreseeable future. The Directors have provided a loan to the company and have pledged their ongoing support for the foreseeable future. The Directors, therefore, consider it appropriate to prepare the accounts on the going concern basis.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Expenditure on research and development is written off in the year in which it is incurred.
Steam Machine Brewing Company Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
130,396
15,182
145,578
At 31 January 2025
132,168
15,204
147,372
At 1 February 2024
75,364
7,508
82,872
Charge for the year
11,691
2,829
14,520
At 31 January 2025
87,055
10,337
97,392
At 31 January 2025
45,113
4,867
49,980
At 31 January 2024
55,032
7,674
62,706
Amounts falling due within one year
Trade debtors
13,288
6,677
Accrued income and prepayments
6,184
676
Steam Machine Brewing Company Ltd
Notes to the Accounts
for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
13,989
11,428
Taxes and social security
(12,996)
8,060
Loans from directors
75,230
76,211
8
Creditors: amounts falling due after more than one year
2025
2024
Deferred income
25,051
34,090
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 8 (2024: 9).