Tyke Breweries Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08918377

TYKE BREWERIES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

26 March 2025

TYKE BREWERIES LIMITED

STATEMENT OF FINANCIAL POSITION

26 March 2025

	26 Mar 25		28 Mar 24
Note	£	£	£	£

FIXED ASSETS

Intangible assets	4	37,500	45,000
Tangible assets	5	41,265	48,223
		--------	--------
		78,765	93,223

CURRENT ASSETS

Debtors	6	100,000	53,596
Cash at bank and in hand		14,059	157,961
		---------	---------
		114,059	211,557

CREDITORS: amounts falling due within one year	7	( 48,267)		( 108,009)
		---------		---------
NET CURRENT ASSETS			65,792		103,548
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			144,557		196,771

PROVISIONS

Taxation including deferred tax	( 10,316)	( 9,162)
	---------	---------
NET ASSETS	134,241	187,609
	---------	---------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	134,141	187,509
	---------	---------
SHAREHOLDERS FUNDS	134,241	187,609
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 26 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

TYKE BREWERIES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

26 March 2025

These financial statements were approved by the board of directors and authorised for issue on 20 April 2026 , and are signed on behalf of the board by:

A Gascoigne

Director

Company registration number: 08918377

TYKE BREWERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 29 MARCH 2024 TO 26 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 98 Main Street, Haworth, Keighley, BD22 8DP.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods supplied during the period, exclusive of Value Added Tax.

Income tax

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

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment	-	15% reducing balance
Fixtures & fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	33% straight line

4. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 29 March 2024 and 26 March 2025	75,000
	--------
Amortisation
At 29 March 2024	30,000
Charge for the period	7,500
	--------
At 26 March 2025	37,500
	--------
Carrying amount
At 26 March 2025	37,500
	--------
At 28 March 2024	45,000
	--------

5. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 29 March 2024 and 26 March 2025	47,275	32,566	14,950	692	95,483
	--------	--------	--------	----	--------
Depreciation
At 29 March 2024	23,166	16,861	6,541	692	47,260
Charge for the period	3,616	1,940	1,402	–	6,958
	--------	--------	--------	----	--------
At 26 March 2025	26,782	18,801	7,943	692	54,218
	--------	--------	--------	----	--------
Carrying amount
At 26 March 2025	20,493	13,765	7,007	–	41,265
	--------	--------	--------	----	--------
At 28 March 2024	24,109	15,705	8,409	–	48,223
	--------	--------	--------	----	--------

6. DEBTORS

	26 Mar 25	28 Mar 24
	£	£
Other debtors	100,000	53,596
	---------	--------

7. CREDITORS: amounts falling due within one year

	26 Mar 25	28 Mar 24
	£	£
Trade creditors	–	1,894
Corporation tax	3,041	1,868
Other creditors	41,526	82,047
Other creditors	3,700	22,200
	--------	---------
	48,267	108,009
	--------	---------