REGISTERED NUMBER: 09481237 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Bullmastiff Brewery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J Mackie

REGISTERED OFFICE:

14 Bessemer Close

Cardiff

CF11 8DL

REGISTERED NUMBER:

09481237 (England and Wales)

ACCOUNTANTS:

DHB Accountants Limited

Chartered Accountants

Statutory Auditors

110 Whitchurch Road

Cardiff

CF14 3LY

CURRENT ASSETS

Debtors

6

332

332

Prepayments and accrued income

730

730

Cash at bank

1,542

-

2,604

1,062

CREDITORS

Amounts falling due within one year

7

5,940

8,219

NET CURRENT LIABILITIES

(3,336

)

(7,157

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,336

)

(7,157

)

CREDITORS

Amounts falling due after more than one year

8

103,794

100,613

NET LIABILITIES

(107,130

)

(107,770

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(107,230

)

(107,870

)

SHAREHOLDERS' FUNDS

(107,130

)

(107,770

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

A J Mackie - Director

1.	STATUTORY INFORMATION

Bullmastiff Brewery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts, which disclose an excess of liabilities over assets, have been prepared on a going concern basis and make no adjustment for any additional costs or losses that might arise if this were found to be inappropriate. The director is the principal creditor and he has agreed to fund the company to enable it's liabilities to be met as they fall due and is confident that trading profits will be generated in future. On this basis the director is of the view that the going concern concept is entirely appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on cost and 10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

13,000

AMORTISATION

At 1 April 2024

and 31 March 2025

13,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

9,382

DEPRECIATION

At 1 April 2024

and 31 March 2025

9,382

NET BOOK VALUE

At 31 March 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

97

97

Other debtors

235

235

332

332

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

2,279

Trade creditors

4,385

4,385

Taxation and social security

812

812

Other creditors

743

743

5,940

8,219

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

103,794

100,613

9.	RELATED PARTY DISCLOSURES

Included in creditors due after more than one year is an amount owing to the director amounting to £113,794 in respect of which there has been no security given , no interest charged and an understanding that repayment will not take place for at least a year after the balance sheet date.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is A J Mackie.