REGISTERED NUMBER: 08468430 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025

FOR

BRASS CASTLE BREWERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J R Saltonstall

REGISTERED OFFICE:

10a Yorkersgate

Malton

North Yorkshire

YO17 7AB

REGISTERED NUMBER:

08468430 (England and Wales)

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Intangible assets

4

205

273

Tangible assets

5

231,475

264,103

231,680

264,376

CURRENT ASSETS

Stocks

40,569

27,267

Debtors

6

85,962

118,875

Cash in hand

316

313

126,847

146,455

CREDITORS

Amounts falling due within one year

7

473,019

413,473

NET CURRENT LIABILITIES

(346,172

)

(267,018

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(114,492

)

(2,642

)

CREDITORS

Amounts falling due after more than one year

8

87,057

135,775

NET LIABILITIES

(201,549

)

(138,417

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(201,649

)

(138,517

)

SHAREHOLDERS' FUNDS

(201,549

)

(138,417

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 12th January 2026 and were signed by:

P J R Saltonstall - Director

1.	STATUTORY INFORMATION

Brass Castle 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Revenue is recognised once the goods have been completed and where it is virtually certain that payment will be received.

Website costs

Website costs are being amortised on a 25% reducing balance basis.

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance and 10% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Long-term plant and machinery is being revalued at regular intervals to ensure that the carrying amount is not materially different to the fair value.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

Despite the company showing net liabilities, the financial statements have been prepared on a going concern basis. The director will continue to support the company for a period in excess of twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st May 2024

and 30th April 2025

4,849

AMORTISATION

At 1st May 2024

4,576

Charge for year

68

At 30th April 2025

4,644

NET BOOK VALUE

At 30th April 2025

205

At 30th April 2024

273

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st May 2024

99,189

342,092

6,618

Additions

-

7,231

-

At 30th April 2025

99,189

349,323

6,618

DEPRECIATION

At 1st May 2024

50,148

157,412

5,920

Charge for year

4,904

27,360

174

At 30th April 2025

55,052

184,772

6,094

NET BOOK VALUE

At 30th April 2025

44,137

164,551

524

At 30th April 2024

49,041

184,680

698

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st May 2024

54,101

6,791

508,791

Additions

-

-

7,231

At 30th April 2025

54,101

6,791

516,022

DEPRECIATION

At 1st May 2024

25,984

5,224

244,688

Charge for year

7,029

392

39,859

At 30th April 2025

33,013

5,616

284,547

NET BOOK VALUE

At 30th April 2025

21,088

1,175

231,475

At 30th April 2024

28,117

1,567

264,103

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

49,082

85,469

Other debtors

36,880

33,406

85,962

118,875

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,724

2,029

Hire purchase contracts and finance leases (see note 9)

19,563

20,070

Trade creditors

46,932

80,551

Taxation and social security

48,331

38,265

Other creditors

340,469

272,558

473,019

413,473

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases (see note 9)

34,847

54,445

Other creditors

52,210

81,330

87,057

135,775

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

2025

2024

2025

2024

£

£

£

£

Net obligations repayable:

Within one year

7,809

8,316

11,754

11,754

Between one and five years

9,415

17,224

25,432

37,221

17,224

25,540

37,186

48,975

Non-cancellable

operating leases

2025

2024

£

£

Between one and five years

28,816

55,416

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £203,130 (2024 - £114,880) to a member of the director's close family. Interest is charged on this balance. This loan is repayable in installments and is shown in creditors due within one year.

At the balance sheet date, the company owed £nil (2024 - £30,000) to members of key management personnel. No interest is charged on this balance. This loan is repayable on demand and is shown in creditors due within one year.