REGISTERED NUMBER: 11230522 (England and Wales)

TheGoodOlDays Limited

Financial Statements

for the Year Ended 31st December 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr M Bjergso

Mr R Astley

Registered office:

2 Hackney Road

London

E2 7NS

Registered number:

11230522 (England and Wales)

Auditors:

Nigel Wilson & Co

Accountants & Statutory Auditor

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Accountants:

Wilson Stevens Limited

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

5

928,609

1,054,451

Current assets

Stocks

79,635

109,198

Debtors

6

164,294

161,464

Cash at bank and in hand

123,863

234,535

367,792

505,197

Creditors

Amounts falling due within one year

7

1,749,356

2,186,561

Net current liabilities

(1,381,564

)

(1,681,364

)

Total assets less current liabilities

(452,955

)

(626,913

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(453,055

)

(627,013

)

(452,955

)

(626,913

)

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 17th June 2026 and were signed on its behalf by:

Mr M Bjergso - Director

1.	Statutory information

TheGoodOlDays Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

At the balance sheet date the company's liabilities exceeded its assets and the company received assurance from the directors, that they will continue to give financial support to the company for twelve months from the date of signing of these financial statements.

On this basis, the directors considers it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis is used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Turnover

The company operates as a public house and the turnover represents the value of drinks, merchandise and bar snacks sold in the period, stated net of discounts and Value Added Tax.

Tangible fixed assets

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

Long leasehold

-

Over the life of the lease

Fixtures and fittings

-

25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are not taken into account in arriving at the operating result, however, they are taken into account at arriving at profit before taxation.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Exceptional items

Exceptional items are recognised when exchange gains or losses are made which the directors consider have no relation to the operational result of the company. Therefore, exceptional items are recognised in the profit and loss account after operating profits.

3.	Employees and directors

The average number of employees during the year was 26 (2024 - 24 ) .

4.	Auditors' remuneration

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

8,200

7,300

5.	Tangible fixed assets

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

Cost

At 1st January 2025

1,447,927

490,949

1,938,876

Additions

-

6,361

6,361

Disposals

-

(1,739

)

(1,739

)

At 31st December 2025

1,447,927

495,571

1,943,498

Depreciation

At 1st January 2025

524,734

359,691

884,425

Charge for year

97,790

33,680

131,470

Eliminated on disposal

-

(1,006

)

(1,006

)

At 31st December 2025

622,524

392,365

1,014,889

Net book value

At 31st December 2025

825,403

103,206

928,609

At 31st December 2024

923,193

131,258

1,054,451

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

677

218

Amounts owed by group undertakings

-

1,092

Other debtors

163,617

160,154

164,294

161,464

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

74,752

37,319

Amounts owed to group undertakings

1,557,800

1,859,053

Taxation and social security

80,466

71,636

Other creditors

36,338

218,553

1,749,356

2,186,561

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

175,000

175,000

Between one and five years

700,000

700,000

In more than five years

568,750

743,750

1,443,750

1,618,750

9.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

David Hatchard BA FCA (Senior Statutory Auditor)

for and on behalf of Nigel Wilson & Co

10.	Related party disclosures

The company owes a balance of £1,557,800 (2024 - £1,859,053) to Craft Beer Bar Holding ApS, the immediate parent company. Interest has been charged on the loan.

11.	Ultimate controlling party

The company's parent undertaking is Craft Beer Bar Holding ApS, a company registered in Denmark, which will prepare group accounts. Their registered office address is Skelbækgade 2, 3. th, 1717 Copenhagen V, Denmark.