Registration number: 16343653

Ilkley Brewing Co Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Ilkley Brewing Co Limited

(Registration number: 16343653)
Balance Sheet as at 30 September 2025

	Note	2025 £
Fixed assets
Intangible assets	5	10,003
Tangible assets	6	90,549
		100,552
Current assets
Stocks	7	86,303
Debtors	8	181,313
Investments	9	1
Cash at bank and in hand		25,982
		293,599
Creditors: Amounts falling due within one year	10	(158,247)
Net current assets		135,352
Total assets less current liabilities		235,904
Creditors: Amounts falling due after more than one year	10	(9,331)
Provisions for liabilities		(1,987)
Net assets		224,586
Capital and reserves
Called up share capital	11	200,000
Revaluation reserve		52,752
Retained earnings		(28,166)
Shareholders' funds		224,586

For the financial period ending 30 September 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 accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Ilkley Brewing Co Limited

(Registration number: 16343653)
Balance Sheet as at 30 September 2025

Approved and authorised by the Board on 24 April 2026 and signed on its behalf by:
 

Mr P A Betts Director

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 5
Ashlands Industrial Estate
Ilkley
LS29 8JT

These financial statements were authorised for issue by the Board on 24 April 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	Over 3 years
Plant & machinery	Over 20 years
Computer equipment	Over 4 years
Motor vehicles	Over 4 years
Website development	Over 4 years

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 13.

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2025 £
Depreciation expense	12,878

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

5	Intangible assets

	Goodwill  £	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	-	3	3
Acquired through business combinations	10,000	-	10,000
At 30 September 2025	10,000	3	10,003
Amortisation
Carrying amount
At 30 September 2025	10,000	3	10,003

6	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
Additions	2,402	4,863	96,162	103,427
At 30 September 2025	2,402	4,863	96,162	103,427
Depreciation
Charge for the period	365	3,890	8,623	12,878
At 30 September 2025	365	3,890	8,623	12,878
Carrying amount
At 30 September 2025	2,037	973	87,539	90,549

7

Stocks

	2025 £
Other inventories	86,303

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

8

Debtors

Current	2025 £
Trade debtors	166,254
Prepayments	14,837
Other debtors	222
	181,313

9	Current asset investments

	2025 £
Other investments	1

Ilkley Brewing Co Limited

Notes to the Unaudited Financial Statements for the Period from 26 March 2025 to 30 September 2025

10

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Loans and borrowings		2,866
Trade creditors		72,254
Taxation and social security		40,913
Accruals and deferred income		2,410
Other creditors		39,804
		158,247

Creditors: amounts falling due after more than one year

	Note	2025 £
Due after one year
Loans and borrowings		9,331

11	Share capital

Allotted, called up and fully paid shares

	2025
	No.	£
Ordinary share of £1 each	1	1
Preference shares of £1 each	200,000	200,000
	200,001	200,001

12

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current period were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on revaluation of other assets	52,752	52,752