Company No: 11676337 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Richard Brosenitz
	Roger William Mann

REGISTERED OFFICE	Twine & Barrel Hull Road
	Dunnington
	York
	YO19 5LP
	United Kingdom

COMPANY NUMBER

11676337 (England and Wales)

ACCOUNTANT	Ian Walker & Co
	Wellington House
	Aviator Court
	Clifton Moor
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	154,290		172,384
		154,290		172,384
Creditors: amounts falling due within one year	4	( 377,465)		( 370,690)
Net current liabilities		(377,465)		(370,690)
Total assets less current liabilities		(223,175)		(198,306)
Creditors: amounts falling due after more than one year	5	( 37,147)		( 38,798)
Accruals and deferred income		( 400)		( 4,350)
Net liabilities		( 260,722)		( 241,454)
Capital and reserves
Called-up share capital	6	150,000		150,000
Profit and loss account		( 410,722 )		( 391,454 )
Total shareholder's deficit		( 260,722)		( 241,454)

For the financial 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Twine and Barrel Limited (registered number: 11676337) were approved and authorised for issue by the Board of Directors on 20 October 2025. They were signed on its behalf by:

Roger William Mann Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Twine and Barrel Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Twine & Barrel Hull Road, Dunnington, York, YO19 5LP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The Company suspended trading on 4th January 2023, in order for the directors to review the financial position and the trading profitability of the business.

Following that review, it was identified that the business was not viable due the increased operating costs (particularly in the areas of produce, energy, etc) and the reduced consumer spending; the directors decided to permanently close the business on 31st March 2023.

The directors have been taking the steps to dispose of available assets to generate funds to make payments to the suppliers and other creditors.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	22 years straight line
Plant and machinery	12 years straight line
Fixtures and fittings	12 years straight line
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		2

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 February 2024	213,860		86,807		60,229		8,131		369,027
At 31 January 2025	213,860		86,807		60,229		8,131		369,027
Accumulated depreciation
At 01 February 2024	53,770		75,652		60,229		6,992		196,643
Charge for the financial year	9,721		7,234		0		1,139		18,094
At 31 January 2025	63,491		82,886		60,229		8,131		214,737
Net book value
At 31 January 2025	150,369		3,921		0		0		154,290
At 31 January 2024	160,090		11,155		0		1,139		172,384

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	0		9,956
Other taxation and social security	6,576		24,864
Other creditors	370,889		335,870
	377,465		370,690

5. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	37,147		38,798

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
150,000 Ordinary shares of £ 1.00 each	150,000		150,000

7. Ultimate controlling party

Parent Company:

West Green Ventures Limited

Orwell House, New Pastures, Melbourne, York YO42 4QD