Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09649496 Jason Duncan-Anderson Gregory Blesson Matthias Seidl iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09649496 2023-06-30 09649496 2024-06-30 09649496 2023-07-01 2024-06-30 09649496 frs-core:CurrentFinancialInstruments 2024-06-30 09649496 frs-core:BetweenOneFiveYears 2024-06-30 09649496 frs-core:SharePremium 2024-06-30 09649496 frs-core:ShareCapital 2024-06-30 09649496 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09649496 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09649496 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09649496 frs-bus:SmallEntities 2023-07-01 2024-06-30 09649496 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09649496 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09649496 frs-core:CostValuation 2023-06-30 09649496 frs-core:CostValuation 2024-06-30 09649496 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 09649496 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 09649496 frs-bus:Director1 2023-07-01 2024-06-30 09649496 frs-bus:Director2 2023-07-01 2024-06-30 09649496 frs-bus:Director3 2023-07-01 2024-06-30 09649496 frs-countries:EnglandWales 2023-07-01 2024-06-30 09649496 2022-06-30 09649496 2023-06-30 09649496 2022-07-01 2023-06-30 09649496 frs-core:CurrentFinancialInstruments 2023-06-30 09649496 frs-core:BetweenOneFiveYears 2023-06-30 09649496 frs-core:SharePremium 2023-06-30 09649496 frs-core:ShareCapital 2023-06-30 09649496 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09649496
Red Squirrel Group Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Jason Duncan-Anderson
Gregory Blesson
Matthias Seidl
Company Number 09649496
Registered Office Unit 18 Boxted Farm
Berkhamsted Road
Hemel Hempstead
Herts
HP1 2SG
Accountants HJP Chartered
Audley House
Northbridge Road
Berkhamsted
Herts
HP4 1EH
Page 1
Page 2
Balance Sheet
Registered number: 09649496
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 360,501 360,501
360,501 360,501
CURRENT ASSETS
Debtors 5 1,817,845 1,822,168
Cash at bank and in hand 55,977 55,980
1,873,822 1,878,148
Creditors: Amounts Falling Due Within One Year 6 - (1,056 )
NET CURRENT ASSETS (LIABILITIES) 1,873,822 1,877,092
TOTAL ASSETS LESS CURRENT LIABILITIES 2,234,323 2,237,593
NET ASSETS 2,234,323 2,237,593
CAPITAL AND RESERVES
Called up share capital 7 293,772 293,772
Share premium account 1,973,640 1,973,640
Profit and Loss Account (33,089 ) (29,819 )
SHAREHOLDERS' FUNDS 2,234,323 2,237,593
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For the year ending 30 June 2024 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
Jason Duncan-Anderson
Director
20 September 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Red Squirrel Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09649496 . The registered office is Unit 18 Boxted Farm, Berkhamsted Road, Hemel Hempstead, Herts, HP1 2SG.
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.
Presentation currency
The accounts are presented in GBP.
2.2. 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.
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, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Investments
Subsidiaries
£
Cost
As at 1 July 2023 360,501
As at 30 June 2024 360,501
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 360,501
As at 1 July 2023 360,501
Investments
Investments in shares are included at fair value.
Page 4
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5. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,495 4,495
Amounts owed by group undertakings 1,813,350 1,817,673
1,817,845 1,822,168
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals - 1,056
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 293,772 293,772
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Later than one year and not later than five years 14,820 -
14,820 -
9. Related Party Transactions
At the end of the year the company was owed the following amounts by its subsidiary companies:
Red Squirrel Brewery Limited - owed £922,765 (2023 - £1,077,089).
The Brewery Shop Limited - owed £610,585 (2023 - £545,585).
Mad Squirrel Tap Watford Limited - owed £279,999 (2023 - £194,999).
During the year there were the following transactions:
Red Squirrel Brewery Limited - £2,137 (2023 - £1,991)
Aurora Leasing Ltd has a floating charge over the company's assets in relation to loans held by the subsidiaries.
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