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Registration number: 09063326

The Beer Company Direct Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

The Beer Company Direct Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

The Beer Company Direct Ltd

Company Information

Director

Miss Joanne Taylor

Registered office

Unit 14, Halifax Court
Fernwood Business Park
Cross Lane
Newark
Notts
NG24 3JP

Accountants

AIMS Accountants Fernwood Business Centre
Newark
Notts
NG24 3JP

 

The Beer Company Direct Ltd

(Registration number: 09063326)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

6

621,728

751,761

Cash at bank and in hand

 

547,736

639,965

 

1,169,464

1,391,726

Creditors: Amounts falling due within one year

7

(1,161,564)

(1,240,588)

Total assets less current liabilities

 

7,900

151,138

Creditors: Amounts falling due after more than one year

7

(7,585)

(98,603)

Net assets

 

315

52,535

Capital and reserves

 

Called up share capital

100

100

Retained earnings

215

52,435

Shareholders' funds

 

315

52,535

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 July 2025
 

.........................................
Miss Joanne Taylor
Director

 

The Beer Company Direct Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 14, Halifax Court
Fernwood Business Park
Cross Lane
Newark
Notts
NG24 3JP

These financial statements were authorised for issue by the director on 25 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

The Beer Company Direct Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

33% and 10% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

The Beer Company Direct Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.



Change of Name
The Beer Company Direct Limited changed its name from The Beer Company Consolidations Limited on the 1st April 2022

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

 

The Beer Company Direct Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 April 2024

11,060

11,060

At 31 March 2025

11,060

11,060

Amortisation

At 1 April 2024

11,060

11,060

At 31 March 2025

11,060

11,060

Carrying amount

At 31 March 2025

-

-

5

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2024

35,805

5,800

41,605

At 31 March 2025

35,805

5,800

41,605

Depreciation

At 1 April 2024

35,805

5,800

41,605

At 31 March 2025

35,805

5,800

41,605

Carrying amount

At 31 March 2025

-

-

-

6

Debtors

Current

2025
£

2024
£

Trade debtors

621,728

735,732

Other debtors

-

16,029

 

621,728

751,761

 

The Beer Company Direct Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

8

45,509

-

Trade creditors

 

1,040,208

1,247,742

Taxation and social security

 

25,986

13,763

Accruals and deferred income

 

948

(20,917)

Other creditors

 

48,913

-

 

1,161,564

1,240,588

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

7,585

98,603

8

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

7,585

98,603

Current loans and borrowings

2025
£

2024
£

Bank borrowings

45,509

-

9

Dividends

Final dividends paid

2025
£

2024
£

Final dividend of £1,100.00 (2024 - £Nil) per each Ordinary Share

110,000

-

 

 
 

The Beer Company Direct Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

10

Related party transactions

The Beer Company Direct Limited is a wholly owned subsidiary of the Beer Company Limited. The inter-company loan account balance at 31st March 2025 was £48,913 owed by The Beer Company Direct Limited.

Dividends of £110k were declared in the year of which £52k had been paid.


The ultimate controlling party is the company director Miss J Taylor, who holds 100% of the issued share capital of The Beer Company Limited, which in turn holds 100% of the issued share capital of this company.