ACCOUNTS - Final Accounts preparation

Company Registration Number: 16084754

FRESH BREWING INC LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

FRESH BREWING INC LIMITED

REGISTERED NUMBER: 16084754

STATEMENT OF FINANCIAL POSITION

AS AT 30 NOVEMBER 2025

		2025
Note		£

Fixed assets
Intangible assets	4		1,350
Tangible assets	5		193,608
			194,958
Current assets
Stocks		35,596
Debtors: amounts falling due within one year	6	82,617
Cash at bank and in hand	7	61,377
		179,590
Creditors: amounts falling due within one year	8	(722,596)
Net current (liabilities)/assets			(543,006)
Total assets less current liabilities			(348,048)

Net (liabilities)/assets			(348,048)

Capital and reserves
Called up share capital	9	1,000
Profit and loss account	10	(349,048)
		(348,048)

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FRESH BREWING INC LIMITED

REGISTERED NUMBER: 16084754

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 NOVEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

R P Brocklesby

Director

Date: 17 August 2026

The notes on pages 3 to 8 form part of these financial statements.

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FRESH BREWING INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

1.	General information

Fresh Brewing Inc Limited is a private company limited by shares, incorporated and registered in England and Wales under company number 16084754.

The Company's registered office is The Dovecote Hesslewood Office Park, Ferriby Road, Hessle, HU13 0QF.

The Company's principal activity is the manufacturing and wholesale of beer, wine, spirits and other alcoholic beverages.

The financial statements are first accounts for a 13 month period from 18 November 2024 to 30 November 2025.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have been prepared on a going concern basis notwithstanding the operating loss and net liabilities position.

In reaching their conclusion, the director has considered their cash flow from a period of 12 months from the date of sign off and considered the various financial support measures that the company has access to if required.

The Company has received a letter of support from the director.

After consideration of all factors, the director continues to adopt the going concern basis in preparing the financial statements.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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FRESH BREWING INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

2.Accounting policies (continued)

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Intangible assets - Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life, aligned with FRS 102 the useful life does not exceed ten years.

2.7

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery	-	4 - 10 years straight line basis
Motor vehicles	-	4 years straight line basis
Office equipment	-	4 years straight line basis
Computer equipment	-	3 years straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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FRESH BREWING INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

2.Accounting policies (continued)

2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is 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.

2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 5.

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FRESH BREWING INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

4.	Intangible assets

		Goodwill
		£

	Additions	1,500
	At 30 November 2025	1,500

	Charge for the period on owned assets	150
	At 30 November 2025	150
	Net book value
	At 30 November 2025	1,350

5.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Office equipment	Computer equipment	Total
	£	£	£	£	£
Cost or valuation
Additions	197,331	12,290	1,841	6,442	217,904
At 30 November 2025	197,331	12,290	1,841	6,442	217,904
Depreciation
Charge for the period on owned assets	20,253	2,304	307	1,432	24,296
At 30 November 2025	20,253	2,304	307	1,432	24,296
Net book value
At 30 November 2025	177,078	9,986	1,534	5,010	193,608

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FRESH BREWING INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

Debtors

					2025
					£


	Trade debtors	66,268
	Other debtors	5,095
	Prepayments and accrued income	11,254
		82,617

7.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	61,377

8.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	24,572
	Amounts due to related parties	43,419
	Other taxation and social security	9,520
	Other creditors	631,051
	Accruals and deferred income	14,034
		722,596

9.	Share capital
		2025
		£

		Allotted, called up and fully paid

		1,000 Ordinary shares of £1.00 each	1,000

The Company has allotted and issued shares during the period of 1,000 Ordinary shares with a nominal value of £1,000. These are considered fully paid.

10.

Reserves

Profit and loss account

The reserve comprises of accumulated, distributable profits and losses.

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FRESH BREWING INC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2025

11.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,901. Contributions totalling £584 were payable to the fund at the reporting date and are included in creditors.

12.

Related party transactions

During the year the following transactions with related parties took place:

Included within other creditors is a balance owed to Adams and Green Limited, a company under common control, of £43,419.

Included within other creditors is amounts owed to the Directors. At 30 November 2025, the amount owed to the Directors totalled £630,467. No interest is charged on the loans from Directors and the amounts are repayable on demand.

13.	Controlling party

The ultimate controlling party is R P Brocklesby.

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