REGISTERED NUMBER: 09195812 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WILD HORSE BREWING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D R Faragher

Mrs E R Faragher

Mr D A Southern

REGISTERED OFFICE:

Unit 4-5 Cae Bach

Builder Street

Llandudno

CONWY

LL30 1DR

REGISTERED NUMBER:

09195812 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Tangible assets

4

549,320

561,516

CURRENT ASSETS

Stocks

53,025

45,437

Debtors

5

54,537

53,985

Deferred tax asset

6

116,652

122,639

Cash at bank

6,875

7,582

231,089

229,643

CREDITORS

Amounts falling due within one year

7

219,238

287,490

NET CURRENT ASSETS/(LIABILITIES)

11,851

(57,847

)

TOTAL ASSETS LESS CURRENT LIABILITIES

561,171

503,669

CREDITORS

Amounts falling due after more than one year

8

(492,088

)

(429,695

)

PROVISIONS FOR LIABILITIES

(41,152

)

(44,870

)

NET ASSETS

27,931

29,104

CAPITAL AND RESERVES

Called up share capital

637

637

Share premium

238,664

238,664

Equity Component of Preference

Shares

124,875

124,875

Retained earnings

(336,245

)

(335,072

)

SHAREHOLDERS' FUNDS

27,931

29,104

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by:

Mr D R Faragher - Director

1.	STATUTORY INFORMATION

Wild Horse Brewing Company 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

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost, 25% on cost, 20% on cost, 10% on cost, 4% on cost and at varying rates on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Change in accounting estimate

During the year, the directors reassessed the estimated useful lives of the kegs included within plant and machinery. Following this review, the estimated useful life of the kegs was revised from its original 10 years to 25 years.

The change has been accounted for prospectively as a change in accounting estimate in accordance with FRS 102. The value of the kegs is now being depreciated on a straight-line basis over their revised estimated useful lives, equivalent to a depreciation rate of 4% per annum.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2025

286,682

678,185

964,867

Additions

9,275

21,936

31,211

Disposals

-

(1,313

)

(1,313

)

At 31 January 2026

295,957

698,808

994,765

DEPRECIATION

At 1 February 2025

2,389

400,962

403,351

Charge for year

3,208

39,615

42,823

Eliminated on disposal

-

(729

)

(729

)

At 31 January 2026

5,597

439,848

445,445

NET BOOK VALUE

At 31 January 2026

290,360

258,960

549,320

At 31 January 2025

284,293

277,223

561,516

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

26,985

25,403

Other debtors

27,552

28,582

54,537

53,985

6.	CURRENT ASSET INVESTMENTS

This is a deferred tax asset

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

9,025

75,703

Hire purchase contracts

4,166

4,166

Trade creditors

20,393

22,890

Taxation and social security

64,178

43,171

Other creditors

121,476

141,560

219,238

287,490

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

22,919

29,803

Hire purchase contracts

2,540

7,517

Other creditors

466,629

392,375

492,088

429,695

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Other loans

368,302

280,009