IRIS Accounts Production v25.4.12.37 05184814 Board of Directors 1.9.24 31.8.25 31.8.25 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05184814 2024-08-31 05184814 2025-08-31 05184814 2024-09-01 2025-08-31 05184814 2023-08-31 05184814 2023-09-01 2024-08-31 05184814 2024-08-31 05184814 ns15:EnglandWales 2024-09-01 2025-08-31 05184814 ns14:PoundSterling 2024-09-01 2025-08-31 05184814 ns10:Director1 2024-09-01 2025-08-31 05184814 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 05184814 ns10:SmallEntities 2024-09-01 2025-08-31 05184814 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 05184814 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 05184814 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 05184814 ns10:FullAccounts 2024-09-01 2025-08-31 05184814 1 2024-09-01 2025-08-31 05184814 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 05184814 ns10:OrdinaryShareClass2 2024-09-01 2025-08-31 05184814 ns5:CurrentFinancialInstruments 2025-08-31 05184814 ns5:CurrentFinancialInstruments 2024-08-31 05184814 ns5:ShareCapital 2025-08-31 05184814 ns5:ShareCapital 2024-08-31 05184814 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 05184814 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 05184814 ns10:RegisteredOffice 2024-09-01 2025-08-31 05184814 ns5:IntangibleAssetsOtherThanGoodwill 2024-09-01 2025-08-31 05184814 ns5:LeaseholdImprovements 2024-09-01 2025-08-31 05184814 ns5:PlantMachinery 2024-09-01 2025-08-31 05184814 ns5:FurnitureFittings 2024-09-01 2025-08-31 05184814 ns5:MotorVehicles 2024-09-01 2025-08-31 05184814 ns5:ComputerEquipment 2024-09-01 2025-08-31 05184814 ns5:NetGoodwill 2024-08-31 05184814 ns5:NetGoodwill 2025-08-31 05184814 ns5:NetGoodwill 2024-08-31 05184814 ns5:LeaseholdImprovements 2024-08-31 05184814 ns5:PlantMachinery 2024-08-31 05184814 ns5:FurnitureFittings 2024-08-31 05184814 ns5:LeaseholdImprovements 2025-08-31 05184814 ns5:PlantMachinery 2025-08-31 05184814 ns5:FurnitureFittings 2025-08-31 05184814 ns5:LeaseholdImprovements 2024-08-31 05184814 ns5:PlantMachinery 2024-08-31 05184814 ns5:FurnitureFittings 2024-08-31 05184814 ns5:MotorVehicles 2024-08-31 05184814 ns5:ComputerEquipment 2024-08-31 05184814 ns5:MotorVehicles 2025-08-31 05184814 ns5:ComputerEquipment 2025-08-31 05184814 ns5:MotorVehicles 2024-08-31 05184814 ns5:ComputerEquipment 2024-08-31 05184814 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 05184814 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 05184814 ns5:DeferredTaxation 2024-08-31 05184814 ns5:DeferredTaxation 2024-09-01 2025-08-31 05184814 ns5:DeferredTaxation 2025-08-31 05184814 ns10:OrdinaryShareClass1 2025-08-31 05184814 ns10:OrdinaryShareClass2 2025-08-31

REGISTERED NUMBER: 05184814 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2025

FOR

THE FILO BREWING COMPANY LIMITED

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

| Page |

| Balance Sheet | 1 |  | to |  | 2

| Notes to the Financial Statements | 3 |  | to |  | 8

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

BALANCE SHEET

31 AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | - |  | - |  |

Tangible assets | 6 | 57,173 |  | 64,683 |  |

57,173 |  | 64,683 |  |

CURRENT ASSETS

Stocks | 7 | 6,015 |  | 13,763 |  |

Debtors | 8 | 19,173 |  | 12,154 |  |

Cash at bank and in hand | 11,210 |  | 8,375 |  |

36,398 |  | 34,292 |  |

CREDITORS

Amounts falling due within one year | 9 | 150,864 |  | 140,355 |  |

NET CURRENT LIABILITIES | (114,466 | ) | (106,063 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (57,293 | ) | (41,380 | ) |

CAPITAL AND RESERVES

Called up share capital | 11 | 2 |  | 2 |  |

Retained earnings | (57,295 | ) | (41,382 | ) |

SHAREHOLDERS' FUNDS | (57,293 | ) | (41,380 | ) |

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

BALANCE SHEET - continued

31 AUGUST 2025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2026 and were signed on its behalf by:

Mrs. S A Bigg - Director

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. | STATUTORY INFORMATION

| The FILO Brewing Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 05184814

| Registered office: | Torfield Cottage

| 8 Old London Road

| Hastings

| East Sussex

| TN34 3HA

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The accounts have been prepared on a going concern basis not withstanding the excess of current liabilities over current assets. The directors have confirmed their intention to continue their support to the company for the foreseeable future.

| Turnover

| The turnover shown in the profit and loss account represents the takings of the public house together with amounts invoiced for other sales during the year, exclusive of Value Added Tax.

| 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.

| Improvements to property | - | 5% on cost

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 20% on reducing balance

| Equipment | - | 25% on reducing balance

| All fixed assets are initially recorded at cost.

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

3. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and

| sell (net realisable value). Costs, which comprise direct production costs, are based on the

| method most appropriate to the type of inventory class, but usually on a first-in-first-out

| basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on

| the estimated selling price less any estimated completion or selling costs.

| When stocks are sold, the carrying amount of those stocks is recognised as an expense in

| the period in which the related revenue is recognised. The amount of any write-down of

| stocks to net realisable value and all losses of stocks are recognised as an expense in the

| period in which the write-down or loss occurs.

| The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

| Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

| If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

| Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 11 ) .

5. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 95,000 |  |

| AMORTISATION

| At 1 September 2024

| and 31 August 2025 | 95,000 |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  |

| At 31 August 2024 | - |  |

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

6. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 September 2024 | 164,819 |  | 39,564 |  | 49,603 |  |

| Additions | 2,100 |  | - |  | 1,010 |  |

| At 31 August 2025 | 166,919 |  | 39,564 |  | 50,613 |  |

| DEPRECIATION

| At 1 September 2024 | 109,645 |  | 38,877 |  | 42,868 |  |

| Charge for year | 8,284 |  | 172 |  | 1,683 |  |

| At 31 August 2025 | 117,929 |  | 39,049 |  | 44,551 |  |

| NET BOOK VALUE

| At 31 August 2025 | 48,990 |  | 515 |  | 6,062 |  |

| At 31 August 2024 | 55,174 |  | 687 |  | 6,735 |  |

| Motor |

| vehicles |  | Equipment |  | Totals

£ | £ | £ |

| COST

| At 1 September 2024 | 5,995 |  | 6,300 |  | 266,281 |  |

| Additions | - |  | - |  | 3,110 |  |

| At 31 August 2025 | 5,995 |  | 6,300 |  | 269,391 |  |

| DEPRECIATION

| At 1 September 2024 | 5,190 |  | 5,018 |  | 201,598 |  |

| Charge for year | 161 |  | 320 |  | 10,620 |  |

| At 31 August 2025 | 5,351 |  | 5,338 |  | 212,218 |  |

| NET BOOK VALUE

| At 31 August 2025 | 644 |  | 962 |  | 57,173 |  |

| At 31 August 2024 | 805 |  | 1,282 |  | 64,683 |  |

7. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 6,015 |  | 13,763 |  |

THE FILO BREWING COMPANY LIMITED (REGISTERED NUMBER: 05184814) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 2,549 |  | 236 |  |

| Tax | 1,380 |  | 1,380 |  |

| Deferred tax asset | 9,112 |  | 7,414 |  |

| Prepayments and accrued income | 6,132 |  | 3,124 |  |

19,173 |  | 12,154 |  |

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 9,012 |  | 5,482 |  |

| PAYE and social security | 2,176 |  | 3,416 |  |

| VAT | 17,542 |  | 15,771 |  |

| Other creditors | 1,608 |  | 4,413 |  |

| Directors' current accounts | 115,007 |  | 106,262 |  |

| Accruals and deferred income | 5,519 |  | 5,011 |  |

150,864 |  | 140,355 |  |

10. | DEFERRED TAX

£ |

| Balance at 1 September 2024 | (7,414 | ) |

| Provided during year | (1,698 | ) |

| Balance at 31 August 2025 | (9,112 | ) |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary A | £1 | 1 |  | 1 |  |

| 1 | Ordinary B | £1 | 1 |  | 1 |  |

2 |  | 2 |  |

12. | RELATED PARTY DISCLOSURES

| The company trades from a property owned by the directors, Mr & Mrs Bigg, on a rent-free basis.