1 January 2025 false No description of principal activity Taxfiler 2024.6 09926808 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09926808 2024-12-31 09926808 2025-01-01 2025-12-31 09926808 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 09926808 business:FilletedAccounts 2025-01-01 2025-12-31 09926808 2025-12-31 09926808 business:Director1 2025-01-01 2025-12-31 09926808 business:Director2 2025-01-01 2025-12-31 09926808 business:Director3 2025-01-01 2025-12-31 09926808 business:Director4 2025-01-01 2025-12-31 09926808 business:Director5 2025-01-01 2025-12-31 09926808 business:Director6 2025-01-01 2025-12-31 09926808 business:Director7 2025-01-01 2025-12-31 09926808 business:Director8 2025-01-01 2025-12-31 09926808 business:RegisteredOffice 2025-01-01 2025-12-31 09926808 2024-12-31 09926808 core:WithinOneYear 2025-12-31 09926808 core:WithinOneYear 2024-12-31 09926808 core:AfterOneYear 2025-12-31 09926808 core:AfterOneYear 2024-12-31 09926808 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 09926808 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 09926808 core:SharePremium core:PreviouslyStatedAmount 2025-12-31 09926808 core:SharePremium core:PreviouslyStatedAmount 2024-12-31 09926808 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 09926808 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 09926808 core:PreviouslyStatedAmount 2025-12-31 09926808 core:PreviouslyStatedAmount 2024-12-31 09926808 business:SmallEntities 2025-01-01 2025-12-31 09926808 countries:EnglandWales 2025-01-01 2025-12-31 09926808 core:PlantMachinery 2025-01-01 2025-12-31 09926808 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 09926808 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 09926808 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 09926808 core:PlantMachinery 2024-12-31 09926808 core:PlantMachinery 2025-12-31 09926808 core:AdditionsToInvestments 2025-12-31 09926808 core:RevaluationsIncreaseDecreaseInInvestments 2025-12-31 09926808 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09926808 (England and Wales)
TOAST ALE LTD Unaudited accounts for the year ended 31 December 2025
TOAST ALE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
TOAST ALE LTD Company Information for the year ended 31 December 2025
Directors
Michael GILLANE Helen Victoria JONES Serge Robert Guy KREMER Paul John LINDLEY Tristram James Avondale STUART Robert John Niven WILSON Louisa ZIANE National Geographic Society
Company Number
09926808 (England and Wales)
Registered Office
1 Triton Square London NW1 3DX United Kingdom
Accountants
Henshaws Accountants Office 7 37-39 Shakespeare Street Southport PR8 5AB
- 3 -
TOAST ALE LTD Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
167,328
101,237
Tangible assets
5
3,975
15,917
Investments
6
-
101,908
171,303
219,062
Current assets
Inventories
7,741
175,601
Debtors
7
24,275
207,303
Cash at bank and in hand
541,069
811,537
573,085
1,194,441
Creditors: amounts falling due within one year
8
(9,843)
(109,094)
Net current assets
563,242
1,085,347
Total assets less current liabilities
734,545
1,304,409
Creditors: amounts falling due after more than one year
9
(5,280)
(252,861)
Net assets
729,265
1,051,548
Capital and reserves
Called up share capital
197
189
Share premium
3,635,581
3,635,581
Profit and loss account
(2,906,513)
(2,584,222)
Shareholders' funds
729,265
1,051,548
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2026 and were signed on its behalf by
Louisa ZIANE Director Company Registration No. 09926808
- 4 -
TOAST ALE LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
TOAST ALE LTD is a private company, limited by shares, registered in England and Wales, registration number 09926808. The registered office is 1 Triton Square, London, NW1 3DX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 January 2025
113,157
Additions
67,084
At 31 December 2025
180,241
Amortisation
At 1 January 2025
11,920
Charge for the year
993
At 31 December 2025
12,913
Net book value
At 31 December 2025
167,328
At 31 December 2024
101,237
- 5 -
TOAST ALE LTD Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2025
22,047
Disposals
(16,184)
At 31 December 2025
5,863
Depreciation
At 1 January 2025
6,130
Charge for the year
4,571
On disposals
(8,813)
At 31 December 2025
1,888
Net book value
At 31 December 2025
3,975
At 31 December 2024
15,917
6
Investments
Subsidiary undertakings
£
Valuation at 1 January 2025
101,908
Additions
458
Fair value adjustments
(102,366)
Valuation at 31 December 2025
-
Toast Ale Ltd holds a 90.1% investment in its subsidiary Toast Ale LLC a US based company. As allowed under the small companies regime Toast Ale UK has not prepared consolidated accounts. The value of Toast Ale LLC has been written off in these accounts because the subsidiary is no longer trading
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
24,275
206,443
Accrued income and prepayments
-
860
24,275
207,303
8
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
4,078
22,088
Trade creditors
824
66,112
Taxes and social security
4,941
10,063
Other creditors
-
2,051
Accruals
-
8,780
9,843
109,094
- 6 -
TOAST ALE LTD Notes to the Accounts for the year ended 31 December 2025
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,280
15,656
Loans from directors
-
237,205
5,280
252,861
10
Average number of employees
During the year the average number of employees was 6 (2024: 11).
- 7 -