RedWillow Brewery Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07315434

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		282,799		276,390

			282,799		276,390
CURRENT ASSETS
Stocks	6	110,123		97,313
Debtors	7	84,656		63,892
Cash at bank and in hand		81,978		94,806

		276,757		256,011
Creditors: Amounts Falling Due Within One Year	8	(261,260 )		(200,439 )

NET CURRENT ASSETS (LIABILITIES)			15,497		55,572

TOTAL ASSETS LESS CURRENT LIABILITIES			298,296		331,962

Creditors: Amounts Falling Due After More Than One Year	9		(124,973 )		(173,445 )

NET ASSETS			173,323		158,517

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			173,321		158,515

SHAREHOLDERS' FUNDS			173,323		158,517

Page 1

Page 2

RedWillow Brewery Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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

Mr Toby McKenzie Director	Mrs Caroline McKenzie Director
13/03/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

RedWillow Brewery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07315434 . The registered office is The Lodge, Byrons Lane, Macclesfield, Cheshire, SK11 7JW.

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.

2.2. 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 and from the rendering of services. 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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are for website costs. They are amortised to profit and loss account by 10% of the net book value per year. The value in the accounts has been written down to nil in the accounting period to 31st December 2021 and has no net book value.

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% - Straight line
Plant & Machinery	20% - Reducing Balance
Motor Vehicles	25% - Reducing Balance
Fixtures & Fittings	25% - Reducing Balance
Computer Equipment	33% - Reducing Balance

2.5. 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.

2.6. 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: 28 (2023: 14)

Page 3

Page 4

RedWillow Brewery Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	2,250

As at 31 December 2024	2,250

Amortisation
As at 1 January 2024	2,250

As at 31 December 2024	2,250

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost or Valuation
As at 1 January 2024	22,446	603,793	44,235	27,162
Additions	-	16,974	-	13,108
Disposals	-	(13,269 )	-	-
Revaluation	-	(104,152 )	-	-

As at 31 December 2024	22,446	503,346	44,235	40,270

Depreciation
As at 1 January 2024	3,500	370,009	24,829	24,231
Provided during the period	2,244	58,175	4,852	733
Disposals	-	(10,865 )	-	-
On revaluations	-	(149,324 )	-	-

As at 31 December 2024	5,744	267,995	29,681	24,964

Net Book Value
As at 31 December 2024	16,702	235,351	14,554	15,306

As at 1 January 2024	18,946	233,784	19,406	2,931


	Computer Equipment	Total
	£	£
Cost or Valuation
As at 1 January 2024	18,427	716,063
Additions	-	30,082
Disposals	-	(13,269 )
Revaluation	-	(104,152 )

As at 31 December 2024	18,427	628,724

...CONTINUED

Page 4

Page 5

RedWillow Brewery Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	17,104	439,673
Provided during the period	437	66,441
Disposals	-	(10,865 )
On revaluations	-	(149,324 )

As at 31 December 2024	17,541	345,925

Net Book Value
As at 31 December 2024	886	282,799

As at 1 January 2024	1,323	276,390

6. Stocks

	2024	2023
	£	£
Stock	110,123	97,313

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	55,863	35,333
Prepayments and accrued income	14,785	4,646
Other debtors	8,772	4,397
Corporation tax recoverable assets	5,236	5,236
Amounts owed by related parties	-	14,280

	84,656	63,892

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	51,036	19,380
Bank loans and overdrafts	48,473	48,246
Other taxes and social security	22,276	17,341
VAT	52,650	44,345
Net wages and pension creditor	1,376	817
Accruals and deferred income	24,826	13,954
Directors' loan accounts	60,623	56,356

	261,260	200,439

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	124,973	173,445

Page 5

Page 6

RedWillow Brewery Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

11. Pension Commitments

The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1376 were due to the fund (2023: £817). The balance is included in net wages creditor.

12. Related Party Transactions

The Last Responsible Moment Ltd

A company which Mr T McKenzie and Mrs C McKenzie are directors.

At the balance sheet date the amount owing from The Last Responsible Moment Ltd to Redwillow Brewery Ltd was £0 due to the company being dissolved. Any amounts owing have be written off in the Profit and Loss.

Redwillow Bars Ltd

A company which Mr T McKenzie and Mrs C McKenzie are directors.

During the year Redwillow Brewery Ltd issued sales of £0 (2023 £130,417), management charges of £0 (2023 £0). At the balance sheet date the amount owing from Redwillow Bars Ltd to Redwillow Brewery Ltd was £0 due to the company going into liquidation. Any amounts owing have be written off in the Profit and Loss.

Page 6