Acorah Software Products - Accounts Production 14.5.501 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 7069266 Mr Jonathan Radford Mr George Calvert Mr Patrick Johnson Mr James Morrison Mr Robert Morrison Mr George Calvert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7069266 2022-12-31 7069266 2023-12-31 7069266 2023-01-01 2023-12-31 7069266 frs-core:CurrentFinancialInstruments 2023-12-31 7069266 frs-core:Non-currentFinancialInstruments 2023-12-31 7069266 frs-core:BetweenOneFiveYears 2023-12-31 7069266 frs-core:FurnitureFittings 2023-12-31 7069266 frs-core:FurnitureFittings 2023-01-01 2023-12-31 7069266 frs-core:FurnitureFittings 2022-12-31 7069266 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 7069266 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 7069266 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 7069266 frs-core:MoreThanFiveYears 2023-12-31 7069266 frs-core:MotorVehicles 2023-12-31 7069266 frs-core:MotorVehicles 2023-01-01 2023-12-31 7069266 frs-core:MotorVehicles 2022-12-31 7069266 frs-core:PlantMachinery 2023-12-31 7069266 frs-core:PlantMachinery 2023-01-01 2023-12-31 7069266 frs-core:PlantMachinery 2022-12-31 7069266 frs-core:WithinOneYear 2023-12-31 7069266 frs-core:ShareCapital 2023-12-31 7069266 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 7069266 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 7069266 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 7069266 frs-bus:SmallEntities 2023-01-01 2023-12-31 7069266 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 7069266 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 7069266 frs-core:UnlistedNon-exchangeTraded 2023-12-31 7069266 frs-core:UnlistedNon-exchangeTraded 2022-12-31 7069266 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 7069266 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 7069266 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 7069266 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 7069266 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 7069266 frs-bus:Director1 2023-01-01 2023-12-31 7069266 frs-bus:Director2 2023-01-01 2023-12-31 7069266 frs-bus:Director3 2023-01-01 2023-12-31 7069266 frs-bus:Director4 2023-01-01 2023-12-31 7069266 frs-bus:Director5 2023-01-01 2023-12-31 7069266 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 7069266 frs-countries:EnglandWales 2023-01-01 2023-12-31 7069266 2021-12-31 7069266 2022-12-31 7069266 2022-01-01 2022-12-31 7069266 frs-core:CurrentFinancialInstruments 2022-12-31 7069266 frs-core:Non-currentFinancialInstruments 2022-12-31 7069266 frs-core:BetweenOneFiveYears 2022-12-31 7069266 frs-core:MoreThanFiveYears 2022-12-31 7069266 frs-core:WithinOneYear 2022-12-31 7069266 frs-core:ShareCapital 2022-12-31 7069266 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 7069266
Windsor & Eton Brewing Company Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Mount Business Services Ltd
3 the Mount
Trumpsgreen Road
Virginia Water
GU25 4EJ
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 7069266
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 511,508 624,020
Investments 5 125,120 125,096
636,628 749,116
CURRENT ASSETS
Stocks 6 123,141 97,974
Debtors 7 314,659 299,009
Cash at bank and in hand 191,943 361,679
629,743 758,662
Creditors: Amounts Falling Due Within One Year 8 (1,324,575 ) (1,256,453 )
NET CURRENT ASSETS (LIABILITIES) (694,832 ) (497,791 )
TOTAL ASSETS LESS CURRENT LIABILITIES (58,204 ) 251,325
Creditors: Amounts Falling Due After More Than One Year 9 (137,898 ) (190,062 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (115,784 ) (118,447 )
NET LIABILITIES (311,886 ) (57,184 )
CAPITAL AND RESERVES
Called up share capital 11 120 120
Profit and Loss Account (312,006 ) (57,304 )
SHAREHOLDERS' FUNDS (311,886) (57,184)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Robert Morrison
Director
26th March 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Windsor & Eton Brewing Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 7069266 . The registered office is Units 1-4, Vansittart Estate, Duke Street, Windsor, Berkshire, SL4 1SE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold straightline over the life of the lease
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
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 stocks. Cost includes all direct costs.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 50 (2022: 66)
50 66
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2023 75,940 877,177 46,844 817,758 1,817,719
Additions - 27,791 45,331 33,339 106,461
As at 31 December 2023 75,940 904,968 92,175 851,097 1,924,180
Depreciation
As at 1 January 2023 61,095 643,205 40,925 448,474 1,193,699
Provided during the period 7,422 77,343 16,308 117,900 218,973
As at 31 December 2023 68,517 720,548 57,233 566,374 1,412,672
Net Book Value
As at 31 December 2023 7,423 184,420 34,942 284,723 511,508
As at 1 January 2023 14,845 233,972 5,919 369,284 624,020
Page 4
Page 5
5. Investments
Unlisted
£
Cost
As at 1 January 2023 125,096
Additions 24
As at 31 December 2023 125,120
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 125,120
As at 1 January 2023 125,096
Fixed asset investments comprise a 100% (2022: 80%) equity shareholding in Webrew Taverns Limited, registered office Unit 1 Vansittart Estate, Windsow, Berkshire, SL4 1SE and a 25% equity shareholding in Swan Clewer Community Interest Company, registered office The Swan, 9 Mill Lane, Clewer, Windsor, Berkshire SL4 5JG. 
6. Stocks
2023 2022
£ £
Materials 42,478 35,643
Finished goods 80,663 62,331
123,141 97,974
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 178,918 178,475
Prepayments and accrued income 40,834 50,047
Other debtors 19,421 44,066
Amounts owed by subsidiaries 75,486 26,421
314,659 299,009
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 8,528 -
Trade creditors 177,557 150,158
Bank loans and overdrafts 81,989 81,989
Other taxes and social security 134,040 140,950
Other creditors 6,164 5,712
Accruals and deferred income 27,455 6,597
Directors' loan accounts 230,175 212,380
Amounts owed to parent undertaking 658,667 658,667
1,324,575 1,256,453
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9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 29,819 -
Bank loans 108,079 190,062
137,898 190,062
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 115,784 118,447
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 120 120
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 142,747 140,130
Later than one year and not later than five years 413,120 440,520
Later than five years 256,117 350,455
811,984 931,105
13. Pension Commitments
The company makes payments into a defined contribution pension scheme. At the balance sheet date unpaid contributions of £5,840 (2022: £5,712) were due and are included in Other Creditors.
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