REGISTERED NUMBER: 08638644 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Twelve Bar Management Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C J Beeson

N J Bent

REGISTERED OFFICE:

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

REGISTERED NUMBER:

08638644 (England and Wales)

ACCOUNTANTS:

ah partnership

Chartered Accountants

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

FIXED ASSETS

Tangible assets

4

427,355

427,355

Investments

5

1

1

427,356

427,356

CURRENT ASSETS

Debtors

6

10,800

-

Cash at bank

247,234

197,743

258,034

197,743

CREDITORS

Amounts falling due within one year

7

80,553

98,915

NET CURRENT ASSETS

177,481

98,828

TOTAL ASSETS LESS CURRENT LIABILITIES

604,837

526,184

CREDITORS

Amounts falling due after more than one year

8

352,691

352,691

NET ASSETS

252,146

173,493

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

252,046

173,393

252,146

173,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

C J Beeson - Director

1.	STATUTORY INFORMATION

Twelve Bar Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

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

Land and buildings

-

Written off on aquisition

Plant and machinery etc

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

and 30 April 2025

427,355

987

428,342

DEPRECIATION

At 1 May 2024

and 30 April 2025

-

987

987

NET BOOK VALUE

At 30 April 2025

427,355

-

427,355

At 30 April 2024

427,355

-

427,355

Included in cost of land and buildings is freehold land of £ 427,355 (2024 - £ 427,355 ) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

1

NET BOOK VALUE

At 30 April 2025

1

At 30 April 2024

1

On 12 February 2021 Twelve Bar Management Limited acquired 1 ordinary share of £1 in Oak Craft Beer Co Limited. This represents 100% of the issued share capital of Oak Craft Beer Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

10,800

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

55,000

75,000

Taxation and social security

8,429

8,364

Other creditors

17,124

15,551

80,553

98,915

Included within creditors are amounts of £75,000 (2023: £76,000 loaned to the company by it's subsidiary company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

352,691

352,691

Creditors over 1 year include balances owed to the directors of £352,691 (2023: £397,691). This balance represents funds introduced into the company to enable the freehold property to be purchased. This balance will be repaid if the property is sold or when company finances allow.

9.	RELATED PARTY DISCLOSURES

During the year the company received a £50,000 (2024 :£1,000) dividend from Oak Craft Beer Co Limited.

Included within creditors are balances owed to Oak Craft Beer Co Limited (a wholly owned subsidiary) of £55,000 (2024: £75,000).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is C J Beeson.

The ultimate controlling party is C J Beeson.