Red Squirrel Brewery Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

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Balance Sheet

As At 30 June 2025

Balance Sheet

Registered number: 07456234

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,825		5,790
Tangible Assets	5		603,444		574,810

			608,269		580,600
CURRENT ASSETS
Stocks	6	174,344		203,010
Debtors	7	433,854		496,998
Cash at bank and in hand		3,689		74,422

		611,887		774,430
Creditors: Amounts Falling Due Within One Year	8	(1,816,123 )		(1,755,396 )

NET CURRENT ASSETS (LIABILITIES)			(1,204,236 )		(980,966 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(595,967 )		(400,366 )

Creditors: Amounts Falling Due After More Than One Year	9		(357,296 )		(581,655 )

NET LIABILITIES			(953,263 )		(982,021 )

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			(954,263 )		(983,021 )

SHAREHOLDERS' FUNDS			(953,263)		(982,021)

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Red Squirrel Brewery Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 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

15 December 2025

The notes on pages 4 to 7 form part of these financial statements.

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Red Squirrel Brewery Limited

Notes to the Financial Statements

For The Year Ended 30 June 2025

Notes to the Financial Statements

1. General Information

Red Squirrel Brewery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07456234 . 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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.5. 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:

Plant & Machinery	15% reducing balance
Motor Vehicles	20% straight line
Fixtures & Fittings	25% reducing balance

2.6. 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 the profit and loss account as incurred.

2.7. 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.

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Red Squirrel Brewery Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.8. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.9. 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 (2024: 25)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2024	19,300

As at 30 June 2025	19,300

Amortisation
As at 1 July 2024	13,510
Provided during the period	965

As at 30 June 2025	14,475

Net Book Value
As at 30 June 2025	4,825

As at 1 July 2024	5,790

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Red Squirrel Brewery Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 July 2024	1,181,969	-	21,616	1,203,585
Additions	102,278	35,395	312	137,985

As at 30 June 2025	1,284,247	35,395	21,928	1,341,570

Depreciation
As at 1 July 2024	613,462	-	15,313	628,775
Provided during the period	100,618	7,079	1,654	109,351

As at 30 June 2025	714,080	7,079	16,967	738,126

Net Book Value
As at 30 June 2025	570,167	28,316	4,961	603,444

As at 1 July 2024	568,507	-	6,303	574,810

6. Stocks

	2025	2024
	£	£
Finished goods	174,344	203,010

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	315,973	258,394
Prepayments and accrued income	41,832	28,042
Other debtors	6	306
Amounts owed by group undertakings	76,043	210,256

	433,854	496,998

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	255,006	317,451
Bank loans and overdrafts	314,084	285,751
Finance lease and HP contracts	64,136	45,592
Other taxes and social security	82,294	75,269
VAT	85,493	94,419
Other creditors	111,184	3,288
Accruals	8,093	10,861
Amounts owed to group undertakings	895,833	922,765

	1,816,123	1,755,396

The Other Creditors balance of £111,184 (2024 - £0) is an invoice finance facility secured on the company's debtor book balance of £315,973 (2024 - £258,394). The company includes factored debts within trade debtors since most of the risks and rewards of ownership of the factored debts have not passed to the factors.

The debt is secured by a debenture. The debenture is a fixed charge and a floating charge over all the company's assets.

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Red Squirrel Brewery Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

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

	2025	2024
	£	£
Bank loans	248,661	483,579
Finance lease and HP contracts > 1 year	108,635	98,076

	357,296	581,655

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	72,518	32,848
Later than one year and not later than five years	188,077	371,342

	260,595	404,190

12. Related Party Transactions

At the end of the year the company owed its parent company, Red Squirrel Group Limited, £895,833 (2024 - £922,765).

During the year the company paid for services to the value of £2,215 (2024 - £2,137) from Red Squirrel Group Limited.

At the end of the year the company was owed £22,860 (2024 - £151,966) by an associated company, The Brewery Shop Limited.

At the end of the year the company was also owed £53,183 (2024 - £58,290) by an associated company, Mad Squirrel Tap Watford Ltd.

During the year the company sold goods to the value of £403,599 (2024 - £367,070) to The Brewery Shop Limited, and £77,616 (2024 - £78,341) to Mad Squirrel Tap Watford Ltd.

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.

13. 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.

Red Squirrel Brewery 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.

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Directors	Jason Duncan-Anderson
	Gregory Blesson

Company Number	07456234

Registered Office	Unit 18 Boxted Farm
	Berkhamsted Road
	Hemel Hempstead
	Herts
	HP1 2SG

Accountants	HJP Chartered
	Audley House
	Northbridge Road
	Berkhamsted
	Herts
	HP4 1EH