Acorah Software Products - Accounts Production 15.0.600 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09322297 Jason Duncan-Anderson Gregory Blesson Red Squirrel Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09322297 2023-06-30 09322297 2024-06-30 09322297 2023-07-01 2024-06-30 09322297 frs-core:CurrentFinancialInstruments 2024-06-30 09322297 frs-core:Non-currentFinancialInstruments 2024-06-30 09322297 frs-core:BetweenOneFiveYears 2024-06-30 09322297 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 09322297 frs-core:PlantMachinery 2024-06-30 09322297 frs-core:PlantMachinery 2023-07-01 2024-06-30 09322297 frs-core:PlantMachinery 2023-06-30 09322297 frs-core:WithinOneYear 2024-06-30 09322297 frs-core:ShareCapital 2024-06-30 09322297 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09322297 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09322297 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09322297 frs-bus:SmallEntities 2023-07-01 2024-06-30 09322297 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09322297 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09322297 1 2023-07-01 2024-06-30 09322297 frs-bus:Director1 2023-07-01 2024-06-30 09322297 frs-bus:Director2 2023-07-01 2024-06-30 09322297 frs-countries:EnglandWales 2023-07-01 2024-06-30 09322297 2022-06-30 09322297 2023-06-30 09322297 2022-07-01 2023-06-30 09322297 frs-core:CurrentFinancialInstruments 2023-06-30 09322297 frs-core:Non-currentFinancialInstruments 2023-06-30 09322297 frs-core:BetweenOneFiveYears 2023-06-30 09322297 frs-core:WithinOneYear 2023-06-30 09322297 frs-core:ShareCapital 2023-06-30 09322297 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09322297
The Brewery Shop 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—7
Page 1
Company Information
Directors Jason Duncan-Anderson
Gregory Blesson
Company Number 09322297
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: 09322297
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 198,265 206,769
198,265 206,769
CURRENT ASSETS
Stocks 5 30,323 28,336
Debtors 6 112,608 85,025
Cash at bank and in hand 23,071 67,712
166,002 181,073
Creditors: Amounts Falling Due Within One Year 7 (1,016,670 ) (1,040,233 )
NET CURRENT ASSETS (LIABILITIES) (850,668 ) (859,160 )
TOTAL ASSETS LESS CURRENT LIABILITIES (652,403 ) (652,391 )
Creditors: Amounts Falling Due After More Than One Year 8 (10,000 ) (20,000 )
NET LIABILITIES (662,403 ) (672,391 )
CAPITAL AND RESERVES
Called up share capital 9 647 647
Profit and Loss Account (663,050 ) (673,038 )
SHAREHOLDERS' FUNDS (662,403) (672,391)
Page 2
Page 3
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 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
The Brewery Shop Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09322297 . 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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
The directors have no reason to believe that the company will not be able to meet its obligations as they fall due.
2.3. 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. 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.
2.4. 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 10 years straight line
Plant & Machinery 25% reducing balance
2.5. 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.
2.6. 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 and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 4
Page 5
2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 48 (2023: 43)
48 43
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 968,385
Additions 59,718
Disposals (301 )
As at 30 June 2024 1,027,802
Depreciation
As at 1 July 2023 761,616
Provided during the period 68,169
Disposals (248 )
As at 30 June 2024 829,537
Net Book Value
As at 30 June 2024 198,265
As at 1 July 2023 206,769
5. Stocks
2024 2023
£ £
Finished goods 30,323 28,336
Page 5
Page 6
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 31,510 7,537
Prepayments and accrued income 71,205 62,256
Other debtors 100 -
Amounts owed by group undertakings 9,793 15,232
112,608 85,025
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 164,624 266,798
Bank loans and overdrafts 10,000 10,000
Other taxes and social security 11,686 10,476
VAT 35,187 56,216
Other creditors 2,045 1,932
Accruals 30,577 23,729
Amounts owed to group undertakings 762,551 671,082
1,016,670 1,040,233
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,000 20,000
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 647 647
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 24,131 13,256
Later than one year and not later than five years 148,333 269,708
172,464 282,964
Page 6
Page 7
11. Related Party Transactions
At the end of the year the company owed its parent company, Red Squirrel Group Limited, £610,585 (2023 - £545,585).
They also owed their associated company, Red Squirrel Brewery Limited, £151,966 (2023 - £125,497).
The company was owed £9,793 (2023 - £15,232) from their associated company, Mad Squirrel Tap Watford Ltd.
During the year the company bought goods to the value of £367,070 (2023 - £365,657) from Red Squirrel Brewery Limited.
The company has taken advantage of the exemption in FRS 102 paragraph 1AC.35 from disclosing transactions with members of the Red Squirrel Group Limited, on the grounds that it is a wholly-owned member of the group.
12. Ultimate Controlling Party
The company's ultimate controlling party is Red Squirrel Group Limited by virtue of his ownership of 100% of the issued share capital in the company.
The Brewery Shop Limited is a subsidiary of Red Squirrel Group Limited, a company incorporated in England.
Red Squirrel Group Ltd has the same address as its subsidiary.
Page 7