IRIS Accounts Production v24.1.0.578 10615308 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106153082022-12-31106153082023-12-31106153082023-01-012023-12-31106153082021-12-31106153082022-01-012022-12-31106153082022-12-3110615308ns15:EnglandWales2023-01-012023-12-3110615308ns14:PoundSterling2023-01-012023-12-3110615308ns10:Director12023-01-012023-12-3110615308ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110615308ns10:SmallEntities2023-01-012023-12-3110615308ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3110615308ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110615308ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110615308ns10:FullAccounts2023-01-012023-12-3110615308ns10:Director22023-01-012023-12-3110615308ns10:Director32023-01-012023-12-3110615308ns10:RegisteredOffice2023-01-012023-12-3110615308ns5:CurrentFinancialInstruments2023-12-3110615308ns5:CurrentFinancialInstruments2022-12-3110615308ns5:ShareCapital2023-12-3110615308ns5:ShareCapital2022-12-3110615308ns5:SharePremium2023-12-3110615308ns5:SharePremium2022-12-3110615308ns5:RetainedEarningsAccumulatedLosses2023-12-3110615308ns5:RetainedEarningsAccumulatedLosses2022-12-3110615308ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3110615308ns5:PlantMachinery2023-01-012023-12-3110615308ns5:FurnitureFittings2023-01-012023-12-3110615308ns5:MotorVehicles2023-01-012023-12-3110615308ns5:ComputerEquipment2023-01-012023-12-3110615308ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3110615308ns5:PlantMachinery2022-12-3110615308ns5:FurnitureFittings2022-12-3110615308ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-3110615308ns5:PlantMachinery2023-12-3110615308ns5:FurnitureFittings2023-12-3110615308ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3110615308ns5:PlantMachinery2022-12-3110615308ns5:FurnitureFittings2022-12-3110615308ns5:MotorVehicles2022-12-3110615308ns5:ComputerEquipment2022-12-3110615308ns5:MotorVehicles2023-12-3110615308ns5:ComputerEquipment2023-12-3110615308ns5:MotorVehicles2022-12-3110615308ns5:ComputerEquipment2022-12-3110615308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110615308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 10615308 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

The Real Brewing Company Limited

The Real Brewing Company Limited (Registered number: 10615308)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


The Real Brewing Company Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D A Begg
A Hodgson
P Ressell





REGISTERED OFFICE: The Fermentery At The Bail Waddesdon Est
Waddesdon
Aylesbury
Buckinghamshire
HP18 0NH





REGISTERED NUMBER: 10615308 (England and Wales)





ACCOUNTANTS: Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Real Brewing Company Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Real Brewing Company Limited for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Real Brewing Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Real Brewing Company Limited and state those matters that we have agreed to state to the Board of Directors of The Real Brewing Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Real Brewing Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Real Brewing Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Real Brewing Company Limited. You consider that The Real Brewing Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Real Brewing Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA


31 May 2024

The Real Brewing Company Limited (Registered number: 10615308)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 973,759 938,939

CURRENT ASSETS
Stocks 148,065 130,479
Debtors 5 419,167 266,051
Cash at bank 651,122 1,021,436
1,218,354 1,417,966
CREDITORS
Amounts falling due within one year 6 294,445 164,222
NET CURRENT ASSETS 923,909 1,253,744
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,897,668

2,192,683

PROVISIONS FOR LIABILITIES 136,940 122,410
NET ASSETS 1,760,728 2,070,273

CAPITAL AND RESERVES
Called up share capital 1,778 1,778
Share premium 7 3,913,902 3,913,902
Retained earnings 7 (2,154,952 ) (1,845,407 )
1,760,728 2,070,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 Real Brewing Company Limited (Registered number: 10615308)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2024 and were signed on its behalf by:





D A Begg - Director


The Real Brewing Company Limited (Registered number: 10615308)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Real 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.

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.
Short leasehold - Over the lease term of 10 years
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The Real Brewing Company Limited (Registered number: 10615308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 January 2023 333,541 666,303 54,038
Additions 6,812 146,322 4,424
Disposals - (3,942 ) (2,706 )
At 31 December 2023 340,353 808,683 55,756
DEPRECIATION
At 1 January 2023 45,885 79,135 5,985
Charge for year 47,205 60,787 7,690
Eliminated on disposal - (1,412 ) (1,403 )
At 31 December 2023 93,090 138,510 12,272
NET BOOK VALUE
At 31 December 2023 247,263 670,173 43,484
At 31 December 2022 287,656 587,168 48,053

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 26,200 3,808 1,083,890
Additions - 569 158,127
Disposals - - (6,648 )
At 31 December 2023 26,200 4,377 1,235,369
DEPRECIATION
At 1 January 2023 12,948 998 144,951
Charge for year 3,313 479 119,474
Eliminated on disposal - - (2,815 )
At 31 December 2023 16,261 1,477 261,610
NET BOOK VALUE
At 31 December 2023 9,939 2,900 973,759
At 31 December 2022 13,252 2,810 938,939

The Real Brewing Company Limited (Registered number: 10615308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 334,661 137,980
Other debtors 6,335 106,007
Tax 67,584 804
VAT - 12,891
Prepayments and accrued income 10,587 8,369
419,167 266,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 366
Trade creditors 172,124 92,443
Social security and other taxes 17,197 14,663
Pension contributions payable 1,915 1,844
VAT 84,976 -
Other creditors 545 -
Directors' current accounts 5,663 53,456
Accruals and deferred income 12,025 1,450
294,445 164,222

7. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 January 2023 (1,845,407 ) 3,913,902 2,068,495
Deficit for the year (309,545 ) (309,545 )
At 31 December 2023 (2,154,952 ) 3,913,902 1,758,950

8. RELATED PARTY DISCLOSURES

The director's current account balance of £5,663 (2022 - £53,456) has no fixed date for repayment, is repayable on demand and is non-interest bearing.