ELECTRIC BEAR BREWING COMPANY LTD


Directors	HORNER, David Alistair
	HORNER, Mary Catherine


Company Secretary	JAMES, Deborah


Registered Address	11 Laura Place
	Bath
	BA2 4BL


Registered Number	08845807 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		295,056		283,448
			295,056		283,448
Current assets
Stocks	5	88,555		57,109
Debtors	6	91,432		98,508
Cash at bank and on hand		55,812		38,135
		235,799		193,752
Creditors amounts falling due within one year	7	(139,728)		(191,905)
Net current assets (liabilities)			96,071		1,847
Total assets less current liabilities			391,127		285,295
Creditors amounts falling due after one year	8		(396,667)		(1,164,868)
Net assets			(5,540)		(879,573)
Capital and reserves
Called up share capital			900,009		425,105
Profit and loss account			(905,549)		(1,304,678)
Shareholders' funds			(5,540)		(879,573)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 September 2026, and are signed on its behalf by:

HORNER, David Alistair
Director
Registered Company No. 08845807

ELECTRIC BEAR BREWING COMPANY LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Judgements and key sources of estimation uncertainty
	No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.

	Turnover policy
	Turnover represents net invoiced sales of goods, excluding value added tax and is recognised when goods are sold.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Current taxation
	No liability to UK Corporation Tas arose for the year ended 31 December 2025 nor for the year ended 31 December 2024.

	Tangible fixed assets and depreciation
	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 or, if held under a finance lease, over the lease term, whichever is the shorter:


		Straight line (years)
	Land and buildings	10
	Plant and machinery	10
	Fixtures and fittings	4
	Vehicles	3
	Office Equipment	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

	Share capital
	During the year the Company undertook a reorganisation of its issued ordinary share capital. On 20 November 2025, the shareholders approved the transfer of 2,510,527 ordinary shares of £0.01 each from Chris and Jacqueline Lewis to Mary Horner for consideration of £750. This was a transfer between existing shareholders and consequently had no effect on the total issued share capital or net assets of the Company. During the year the shareholders also approved a reorganisation and reduction of the Company's share capital. The reorganisation included the consolidation of the existing ordinary shares, a subsequent alteration in the nominal value and number of ordinary shares, and a reduction of share capital of £425,096.77. The amount arising on the capital reduction was credited to the Profit & Loss Account reserve. Following the capital reorganisation, the shareholders authorised the allotment of 90,000,000 new ordinary shares of £0.01 each. Of these, 45,000,000 shares were allotted to David Horner and 45,000,000 shares were allotted to Mary Horner in consideration for the conversion of amounts previously owed by the Company to those shareholders. The total nominal value of the shares issued on conversion was £900,000. At the reporting date, the Company's allotted, called up and fully paid share capital was: 90,000,850 ordinary shares of £0.01 each: £900,008.50 The above number of shares and share capital should be agreed to the Company's statutory register of members and the relevant filings made at Companies House.

Share capital

During the year the Company undertook a reorganisation of its issued ordinary share capital.

On 20 November 2025, the shareholders approved the transfer of 2,510,527 ordinary shares of £0.01 each from Chris and Jacqueline Lewis to Mary Horner for consideration of £750. This was a transfer between existing shareholders and consequently had no effect on the total issued share capital or net assets of the Company.

During the year the shareholders also approved a reorganisation and reduction of the Company's share capital. The reorganisation included the consolidation of the existing ordinary shares, a subsequent alteration in the nominal value and number of ordinary shares, and a reduction of share capital of £425,096.77. The amount arising on the capital reduction was credited to the Profit & Loss Account reserve.

Following the capital reorganisation, the shareholders authorised the allotment of 90,000,000 new ordinary shares of £0.01 each. Of these, 45,000,000 shares were allotted to David Horner and 45,000,000 shares were allotted to Mary Horner in consideration for the conversion of amounts previously owed by the Company to those shareholders. The total nominal value of the shares issued on conversion was £900,000.

At the reporting date, the Company's allotted, called up and fully paid share capital was:

90,000,850 ordinary shares of £0.01 each: £900,008.50

The above number of shares and share capital should be agreed to the Company's statutory register of members and the relevant filings made at Companies House.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	20		24

3.	Prior period adjustment
	The total amounts reported in respect of the prior year are unchanged from those previously reported. However, certain comparative balances have been reclassified between financial statement categories in order to achieve a more appropriate and consistent presentation with the current year. These reclassifications relate solely to the categorisation and presentation of balances and have no effect on the previously reported profit or loss, net assets, total equity or cash position of the Company for the prior year.

Prior period adjustment

The total amounts reported in respect of the prior year are unchanged from those previously reported. However, certain comparative balances have been reclassified between financial statement categories in order to achieve a more appropriate and consistent presentation with the current year.

These reclassifications relate solely to the categorisation and presentation of balances and have no effect on the previously reported profit or loss, net assets, total equity or cash position of the Company for the prior year.

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 January 25	197,395	644,847	33,406	11,559	6,146	893,353
Additions	-	-	11,153	36,098	74	47,325
Disposals	(107,103)	(90,962)	-	-	-	(198,065)
At 31 December 25	90,292	553,885	44,559	47,657	6,220	742,613
Depreciation and impairment
At 01 January 25	154,055	425,415	16,883	7,970	5,582	609,905
Charge for year	-	-	8,763	38,690	397	47,850
On disposals	(128,189)	(82,009)	-	-	-	(210,198)
At 31 December 25	25,866	343,406	25,646	46,660	5,979	447,557
Net book value
At 31 December 25	64,426	210,479	18,913	997	241	295,056
At 31 December 24	43,340	219,432	16,523	3,589	564	283,448

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	25,588	22,915
Finished goods	35,493	22,625
Other stocks	27,474	11,569
Total	88,555	57,109

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	81,623	84,420
Other debtors	4	-
Prepayments and accrued income	9,805	14,088
Total	91,432	98,508

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	66,231	79,006
Bank borrowings and overdrafts	14,560	25,940
Taxation and social security	38,507	38,668
Finance lease and HP contracts	12,294	39,803
Accrued liabilities and deferred income	8,136	8,488
Total	139,728	191,905

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Amounts owed to related parties	382,994	1,138,570
Other creditors	13,673	26,298
Total	396,667	1,164,868

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	25,967		66,101