Gravity Well Brewing Company Limited

Gravity Well Brewing Company Limited
Statement of Financial Position
As at 31 January 2026

	2026		2025
	£	£	£	£
Fixed assets		156,937		183,658
Current assets	348,890		237,232
Prepayments and accrued income	1,154		10,629
Creditors: amount falling due within one year	(402,320)		(262,817)
Net current assets		(52,276)		(14,956)
Total assets less current liabilities		104,661		168,702
Creditors: amount falling due after more than one year		(81,204)		(119,699)
Net assets		23,457		49,003


Capital and reserves		23,457		49,003

NOTES TO THE ACCOUNTS

General Information

Gravity Well Brewing Company Limited is a private company, limited by shares, registered in England and Wales, registration number 11152176, registration address Unit 1 Compass West Estate, 33 West Road, London, N17 0XL.

The presentation currency is £ sterling.

Accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern basis

The financial statements have been prepared on a going concern basis. The company is reliant on loans from third parties and financial support from the director to meet its ongoing financial obligations. The director is hopeful that trading performance will improve over the next 12 months as the company seeks to expand its operations. The director considers that the anticipated improvement in trading, together with the continued availability of financial support, will enable the company to continue operating for the foreseeable future.

2.	Financial Commitments, Guarantees and Contingencies Minimum lease payments under non-cancellable operating leases include the following amounts:- Within one year - £55,120 (2025 - £68,109) Between one and five years - £33,750 (2025 - £88,419) In more than five years - £nil - (2025 - £nil)

3.	Average number of employees Average number of employees during the period was 1 (2025 : 1).

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 28 October 2026 and were signed on its behalf by:

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Ben Duck
Director