REGISTERED NUMBER: 11821466 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31st March 2026

for

Hambleton Brewery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R C Harrison

B A Harrison

Mrs H J Saunders

N R Stafford

Mrs S E A Stafford

REGISTERED OFFICE:

The Brewery

Melmerby Green

Melmerby

Ripon

North Yorkshire

HG4 5NB

REGISTERED NUMBER:

11821466 (England and Wales)

ACCOUNTANTS:

F E Metcalfe & Co Limited

Chartered Accountants

4 Old Market Place

Ripon

North Yorkshire

HG4 1EQ

FIXED ASSETS

Tangible assets

3

606,687

604,722

CURRENT ASSETS

Stocks

120,103

120,787

Debtors

4

164,927

176,526

Cash in hand

3,391

1,460

288,421

298,773

CREDITORS

Amounts falling due within one year

5

430,158

386,577

NET CURRENT LIABILITIES

(141,737

)

(87,804

)

TOTAL ASSETS LESS CURRENT LIABILITIES

464,950

516,918

CREDITORS

Amounts falling due after more than one year

6

(181,009

)

(252,982

)

PROVISIONS FOR LIABILITIES

(114,929

)

(113,127

)

NET ASSETS

169,012

150,809

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

169,002

150,799

SHAREHOLDERS' FUNDS

169,012

150,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 5th June 2026 and were signed on its behalf by:

N R Stafford - Director

1.	ACCOUNTING POLICIES

General information and basis of preparing the financial statements

(a) General information and basis of preparation

Hambleton Brewery Limited is a private company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on General Information page of these financial statements.

The financial statements have been prepared in accordance with the provisions of section 1A 'small entities' of Financial Reporting Standard 102 The Financial Reporting Standard Applicable in the UK and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below.

(b) Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Buildings

straight line over 50 years

Plant and machinery

10% reducing balance

Motor vehicles

20% reducing balance

Office and computer equipment

20% reducing balance

(c) Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Work-in-progress and machined stock held for sale includes an appropriate proportion of overheads. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

(d) Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

(e) Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

(f) Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

(g) Provisions

Provisions are recognised when the limited company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

(h) Leases

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

(i) Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax assets 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets is measured using the rates and allowances that apply to the sale of the asset.

(j) Turnover and other income

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods and services

Turnover from the sale of beer and brewing services are recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of goods and the invoice date for brewing services.

Other income

Other income is recognised upon receipt of the income, together with any income due at the balance sheet date, but not received.

Interest and dividends receivable

Interest income is recognised using the effective interest method and dividend income is recognised as the company's right to receive payment is established.

(k) Foreign currency

Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

(l) Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 13 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Buildings

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2025

180,491

663,628

32,635

22,329

899,083

Additions

-

6,650

53,819

1,732

62,201

At 31st March 2026

180,491

670,278

86,454

24,061

961,284

DEPRECIATION

At 1st April 2025

11,962

249,707

20,595

12,097

294,361

Charge for year

2,610

42,059

13,172

2,395

60,236

At 31st March 2026

14,572

291,766

33,767

14,492

354,597

NET BOOK VALUE

At 31st March 2026

165,919

378,512

52,687

9,569

606,687

At 31st March 2025

168,529

413,921

12,040

10,232

604,722

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

114,187

133,641

Directors' current accounts

47,982

41,019

Prepayments and deferred income

2,758

1,866

164,927

176,526

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

54,102

83,043

Coronavirus business interruption loan

-

26,000

Hire purchase contracts

19,409

36,403

Trade creditors

99,215

118,157

Corporation Tax

17,234

15,895

Social security and other taxes

28,525

36,900

Other creditors

9,098

7,781

Directors' current accounts

185,448

50,432

Accrued expenses

17,127

11,966

430,158

386,577

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

149,091

192,223

Coronavirus business

interruption loan

-

8,666

Hire purchase contracts

31,918

52,093

181,009

252,982

31.3.26

31.3.25

£

£

Amounts falling due in more than five years

Bank loans repayable by instalments

-

18,751

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank overdrafts

10,734

39,675

Bank loans

192,459

235,591

Coronavirus business interruption loan

-

34,666

203,193

309,932

The borrowings are secured by a fixed and floating charge over all assets of the company.

In addition a guarantee has been provided by two of the directors, N R and Mrs S E Stafford, over the property at Unit 2 Barker Business Park, Melmerby Green Road, Melmerby, Ripon.

8.	CALLED UP SHARE CAPITAL

Number

Class

Nominal Value

£

330

Ordinary A share

£0.01

£3

310

Ordinary B share

£0.01

£3

200

Ordinary C share

£0.01

£2

100

Ordinary D share

£0.01

£1

60

Ordinary E share

£0.01

£1

--------

£10

--------

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

31.3.26

31.3.25

£

£

Mrs R C Harrison

Balance outstanding at start of year

20,042

25,302

Amounts advanced

27,725

24,452

Amounts repaid

(24,412

)

(29,712

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

23,355

20,042

B A Harrison

Balance outstanding at start of year

20,977

26,724

Amounts advanced

28,962

25,365

Amounts repaid

(25,312

)

(31,112

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

24,627

20,977

Interest of 3.75% was charged, and the loans are repayable on demand.