Nirvana Brewery LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10013728

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		100,000		100,000
Tangible Assets	5		9,767		15,127

			109,767		115,127
CURRENT ASSETS
Stocks	6	220,436		69,331
Debtors	7	99,427		106,280
Cash at bank and in hand		11,091		2,008

		330,954		177,619
Creditors: Amounts Falling Due Within One Year	8	(590,641 )		(494,145 )

NET CURRENT ASSETS (LIABILITIES)			(259,687 )		(316,526 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(149,920 )		(201,399 )

Creditors: Amounts Falling Due After More Than One Year	9		(49,500 )		(51,728 )

NET LIABILITIES			(199,420 )		(253,127 )

CAPITAL AND RESERVES
Called up share capital	10		1,681,947		1,045,683
Share premium account			754,682		743,946
Profit and Loss Account			(2,636,049 )		(2,042,756 )

SHAREHOLDERS' FUNDS			(199,420)		(253,127)

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Nirvana Brewery LTD

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Martin

Director

22/05/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Nirvana Brewery LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10013728 . The registered office is Unit T6 Leyton Industrial Village, Argall Avenue, London, E10 7QP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	@ 20% red. bal
Motor Vehicles	@ 25% red. bal

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Nirvana Brewery LTD

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 March 2025	100,000

As at 28 February 2026	100,000

Net Book Value
As at 28 February 2026	100,000

As at 1 March 2025	100,000

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 March 2025	28,306	9,241	37,547
Disposals	-	(9,241 )	(9,241 )

As at 28 February 2026	28,306	-	28,306

...CONTINUED

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Nirvana Brewery LTD

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

Depreciation
As at 1 March 2025	16,098	6,322	22,420
Provided during the period	2,441	730	3,171
Disposals	-	(7,052 )	(7,052 )

As at 28 February 2026	18,539	-	18,539

Net Book Value
As at 28 February 2026	9,767	-	9,767

As at 1 March 2025	12,208	2,919	15,127

6. Stocks

	2026	2025
	£	£
Inventory	220,436	69,331

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	77,408	94,694
Other debtors	22,019	11,586

	99,427	106,280

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	170,330	96,108
Other loans	42,070	-
Other taxes and social security	19,343	27,369
Other creditors	354,642	367,794
Deferred tax liability	2,441	2,874
Accruals and deferred income	1,815	-

	590,641	494,145

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Trade creditors	45,500	51,728
Other loans	4,000	-

	49,500	51,728

The trade creditors include £24,000 which is not payable until company reaches a Break Event position.

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Nirvana Brewery LTD

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,681,947	1,045,683

11. Related Party Transactions

As at the balance sheet date, a sum of £84,641 was owed to David Martin, company Director. These amounts have no fixed repayment date, and no interest is charged. Other creditors in total of £258,000 are loans from investors, which have been turned into equity after year end.

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