IRIS Accounts Production v24.3.0.553 09580743 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095807432023-05-31095807432024-05-31095807432023-06-012024-05-31095807432022-05-31095807432022-06-012023-05-31095807432023-05-3109580743ns15:EnglandWales2023-06-012024-05-3109580743ns14:PoundSterling2023-06-012024-05-3109580743ns10:Director12023-06-012024-05-3109580743ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3109580743ns10:SmallEntities2023-06-012024-05-3109580743ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3109580743ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3109580743ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3109580743ns10:FullAccounts2023-06-012024-05-3109580743ns10:Director22023-06-012024-05-3109580743ns10:Director32023-06-012024-05-3109580743ns10:RegisteredOffice2023-06-012024-05-3109580743ns5:CurrentFinancialInstruments2024-05-3109580743ns5:CurrentFinancialInstruments2023-05-3109580743ns5:Non-currentFinancialInstruments2024-05-3109580743ns5:Non-currentFinancialInstruments2023-05-3109580743ns5:ShareCapital2024-05-3109580743ns5:ShareCapital2023-05-3109580743ns5:RetainedEarningsAccumulatedLosses2024-05-3109580743ns5:RetainedEarningsAccumulatedLosses2023-05-3109580743ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-06-012024-05-3109580743ns5:LandBuildingsns5:ShortLeaseholdAssets2023-06-012024-05-3109580743ns5:PlantMachinery2023-06-012024-05-3109580743ns5:FurnitureFittings2023-06-012024-05-3109580743ns5:ComputerEquipment2023-06-012024-05-3109580743ns5:LandBuildings2023-05-3109580743ns5:LandBuildingsns5:ShortLeaseholdAssets2023-05-3109580743ns5:PlantMachinery2023-05-3109580743ns5:LandBuildings2023-06-012024-05-3109580743ns5:LandBuildings2024-05-3109580743ns5:LandBuildingsns5:ShortLeaseholdAssets2024-05-3109580743ns5:PlantMachinery2024-05-3109580743ns5:LandBuildings2023-05-3109580743ns5:LandBuildingsns5:ShortLeaseholdAssets2023-05-3109580743ns5:PlantMachinery2023-05-3109580743ns5:FurnitureFittings2023-05-3109580743ns5:MotorVehicles2023-05-3109580743ns5:ComputerEquipment2023-05-3109580743ns5:MotorVehicles2023-06-012024-05-3109580743ns5:FurnitureFittings2024-05-3109580743ns5:MotorVehicles2024-05-3109580743ns5:ComputerEquipment2024-05-3109580743ns5:FurnitureFittings2023-05-3109580743ns5:MotorVehicles2023-05-3109580743ns5:ComputerEquipment2023-05-3109580743ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3109580743ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3109580743ns5:CurrentFinancialInstruments2023-06-012024-05-3109580743ns5:Secured2024-05-3109580743ns5:Secured2023-05-31095807431ns10:Director12023-05-31095807431ns10:Director12022-05-31095807431ns10:Director12023-06-012024-05-31095807431ns10:Director12022-06-012023-05-31095807431ns10:Director12024-05-31095807431ns10:Director12023-05-31095807433ns10:Director32023-05-31095807433ns10:Director32022-05-31095807433ns10:Director32023-06-012024-05-31095807433ns10:Director32022-06-012023-05-31095807433ns10:Director32024-05-31095807433ns10:Director32023-05-31
REGISTERED NUMBER: 09580743 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

The Real Ale Classroom Ltd

The Real Ale Classroom Ltd (Registered number: 09580743)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Real Ale Classroom Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: D J Lowe
I P Martin
S J Tabbernor





REGISTERED OFFICE: 22 Allandale Road
Leicester
Leicestershire
LE2 2DA





REGISTERED NUMBER: 09580743 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

The Real Ale Classroom Ltd (Registered number: 09580743)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 285,349 251,156

CURRENT ASSETS
Stocks 32,651 13,056
Debtors 5 13,362 1,240
Cash at bank and in hand 43,791 118,507
89,804 132,803
CREDITORS
Amounts falling due within one year 6 (117,457 ) (85,879 )
NET CURRENT (LIABILITIES)/ASSETS (27,653 ) 46,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

257,696

298,080

CREDITORS
Amounts falling due after more than one
year

7

(147,354

)

(180,563

)

PROVISIONS FOR LIABILITIES (21,973 ) (12,495 )
NET ASSETS 88,369 105,022

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 88,169 104,822
88,369 105,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 Ale Classroom Ltd (Registered number: 09580743)

Balance Sheet - continued
31 May 2024


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 22 November 2024 and were signed on its behalf by:





S J Tabbernor - Director


The Real Ale Classroom Ltd (Registered number: 09580743)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

The Real Ale Classroom Ltd 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.

The financial statements have been prepared on the going concern basis which assumes the company will continue to trade. This depends on the ability of the directors to maintain the necessary financial support.

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.
Freehold property - 2% on cost
Leasehold improvements - Straight line over 7 years
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, 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.

The Real Ale Classroom Ltd (Registered number: 09580743)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

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.

Government grants
Government Grants receivable in relation to expenditure is recognised when the expenditure is charged to the profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Freehold Leasehold Plant and
property improvements machinery
£    £    £   
COST
At 1 June 2023 223,528 1,100 27,810
Additions - 50,180 1,622
At 31 May 2024 223,528 51,280 29,432
DEPRECIATION
At 1 June 2023 22,353 36 15,715
Charge for year 4,470 5,524 6,382
At 31 May 2024 26,823 5,560 22,097
NET BOOK VALUE
At 31 May 2024 196,705 45,720 7,335
At 31 May 2023 201,175 1,064 12,095

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 123,021 - 2,446 377,905
Additions 24,928 800 - 77,530
At 31 May 2024 147,949 800 2,446 455,435
DEPRECIATION
At 1 June 2023 86,212 - 2,433 126,749
Charge for year 26,882 66 13 43,337
At 31 May 2024 113,094 66 2,446 170,086
NET BOOK VALUE
At 31 May 2024 34,855 734 - 285,349
At 31 May 2023 36,809 - 13 251,156

The Real Ale Classroom Ltd (Registered number: 09580743)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 1,202 -
Other debtors 12,160 1,240
13,362 1,240

Other debtors includes prepayments and accrued income of £5,660 (2023 - £1,240).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 30,745 27,463
Trade creditors 22,397 18,957
Taxation and social security 21,167 36,625
Other creditors 43,148 2,834
117,457 85,879

Other creditors includes accruals and deferred income of £15,621 (2023 - £2,570).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 147,354 180,563

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 54,376 94,126

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans 178,099 208,026

Bank loans are secured by the way of fixed and floating charges over the company's assets.

9. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £147,768 (2023 - £7,565).

The Real Ale Classroom Ltd (Registered number: 09580743)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
S J Tabbernor
Balance outstanding at start of year - -
Amounts advanced - 3,241
Amounts repaid - (3,241 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

I P Martin
Balance outstanding at start of year - -
Amounts advanced - 3,241
Amounts repaid - (3,241 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above loans were interest free and were repayable on demand.