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SBTR Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

SBTR Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

SBTR Limited

Company Information

Director | Mr T Bott

Registered office | Unit 15 Uplands Business Park Blackhorse Lane London E17 5QJ

Accountants | Grays Accountants Ltd

SBTR Limited

(Registration number: 11553577)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 27,108 | 32,592
Current assets |  |  |
Stocks | 5 | 10,068 | 9,061
Debtors | 6 | 44,912 | 45,538
|  | 54,980 | 54,599
Creditors: Amounts falling due within one year | 7 | (371,957) | (208,809)
Net current liabilities |  | (316,977) | (154,210)
Total assets less current liabilities |  | (289,869) | (121,618)
Creditors: Amounts falling due after more than one year | 7 | (24,517) | (30,504)
Net liabilities |  | (314,386) | (152,122)
Capital and reserves |  |  |
Called up share capital |  | 10 | 10
Retained earnings |  | (314,396) | (152,132)
Shareholders' deficit |  | (314,386) | (152,122)

For the financial 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.

SBTR Limited

(Registration number: 11553577)
Balance Sheet as at 31 December 2024

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 his 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 6 October 2025

......................................... Mr T Bott Director

SBTR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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 15 Uplands Business Park
Blackhorse Lane
London
E17 5QJ
England

These financial statements were authorised for issue by the director on 6 October 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.

Going concern

The financial statements have been prepared on a going concern basis. The Company is dependent on the continued financial support of its parent undertaking in order to meet its liabilities as they fall due. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis.

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.

SBTR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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
Office equipment | 33.3% on cost
Short leasehold improvements | 20% on cost
Fixtures sand fittings | 33.3% on cost
Plant and machinery | 10% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

SBTR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 19 (2023 - 19).

4 | Tangible assets

| Short leasehold land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 January 2024 | 8,147 | 4,918 | 37,802 | 7,997 | 58,864
Additions | - | 1,261 | - | 462 | 1,723
At 31 December 2024 | 8,147 | 6,179 | 37,802 | 8,459 | 60,587
Depreciation
At 1 January 2024 | 3,947 | 4,600 | 11,341 | 6,384 | 26,272
Charge for the year | 1,629 | 632 | 3,780 | 1,166 | 7,207
At 31 December 2024 | 5,576 | 5,232 | 15,121 | 7,550 | 33,479
Carrying amount
At 31 December 2024 | 2,571 | 947 | 22,681 | 909 | 27,108
At 31 December 2023 | 4,200 | 318 | 26,461 | 1,613 | 32,592

Included within the net book value of land and buildings above is £2,571 (2023 - £4,200) in respect of short leasehold land and buildings.

SBTR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5 | Stocks

| 2024 £ | 2023 £
Finished goods and goods for resale | 10,068 | 9,061

6 | Debtors

Current | 2024 £ | 2023 £
Trade debtors | 7,693 | 3,189
Prepayments | 11,458 | 14,941
Other debtors | 25,761 | 27,408
| 44,912 | 45,538

SBTR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings |  | 41,145 | 33,757
Trade creditors |  | 43,301 | 33,042
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 8 | 259,854 | 125,761
Taxation and social security |  | 14,399 | 13,373
Accruals and deferred income |  | 10,115 | 2,876
Other creditors |  | 3,143 | -
|  | 371,957 | 208,809

Creditors: amounts falling due after more than one year

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings |  | 24,517 | 30,504

8 | Related party transactions

The immediate controlling party is Signature Brew Limited.
There is no overall controlling party.
Amounts owing to fellow group companies are recorded in note 8 above.