REGISTERED NUMBER: 09750990 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Town Brewery Emsworth Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Ward

A P D Ward

REGISTERED OFFICE:

1 Manor Court

6 Barnes Wallis Road

Fareham

Hampshire

PO15 5TH

REGISTERED NUMBER:

09750990 (England and Wales)

ACCOUNTANTS:

Roches

Chartered Accountants

1 Manor Court

6 Barnes Wallis Road

Segensworth

Fareham

Hampshire

PO15 5TH

FIXED ASSETS

Tangible assets

4

110

331

Investment property

5

450,000

325,000

450,110

325,331

CURRENT ASSETS

Debtors

6

20,603

17,637

Cash at bank

41,040

26,925

61,643

44,562

CREDITORS

Amounts falling due within one year

7

180,276

174,542

NET CURRENT LIABILITIES

(118,633

)

(129,980

)

TOTAL ASSETS LESS CURRENT LIABILITIES

331,477

195,351

PROVISIONS FOR LIABILITIES

21

65

NET ASSETS

331,456

195,286

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

8

331,022

206,022

Retained earnings

433

(10,737

)

SHAREHOLDERS' FUNDS

331,456

195,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

A P D Ward - Director

1.	STATUTORY INFORMATION

Town Brewery Emsworth Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 and loans to related parties.

Financial assets & financial liabilities are initially recognised at the transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. However, if the arrangement constitutes a financing transaction then it is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets & financial liabilities classified as receivable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

and 28 February 2026

442

DEPRECIATION

At 1 March 2025

111

Charge for year

221

At 28 February 2026

332

NET BOOK VALUE

At 28 February 2026

110

At 28 February 2025

331

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

325,000

Revaluations

125,000

At 28 February 2026

450,000

NET BOOK VALUE

At 28 February 2026

450,000

At 28 February 2025

325,000

Fair value at 28 February 2026 is represented by:

£

Valuation in 2023

206,022

Valuation in 2024

118,978

Valuation in 2026

125,000

450,000

The directors, have measured at fair value the investment property held based on the value of similar properties in the vicinity, taking into account the condition of the property and its current rental yield.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Amounts owed by associates

18,900

13,500

Other debtors

1,703

4,137

20,603

17,637

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Amounts owed to group undertakings

141,534

139,797

Taxation and social security

2,808

311

Other creditors

35,934

34,434

180,276

174,542

8.

RESERVES

Fair

value

reserve

£

At 1 March 2025

206,022

Fair value adjustment

125,000

At 28 February 2026

331,022