REGISTERED NUMBER: 07844806 (England and Wales)

ROOSTERS BREWERY LTD

REPORT OF THE DIRECTORS AND

UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Report of the Directors

2

Consolidated Income Statement

3

Consolidated Balance Sheet

4

Company Balance Sheet

6

Notes to the Consolidated Financial Statements

8

DIRECTORS:

I Fozard

O E Fozard

T M Fozard

G Smith

I G Galbraith

P A Betts

SECRETARY:

I Fozard

REGISTERED OFFICE:

The Old Brewhouse

8A Waterside

Knaresborough

HG5 9AZ

REGISTERED NUMBER:

07844806 (England and Wales)

ACCOUNTANTS:

DSC

Chartered Accountants

Tattersall House

East Parade

Harrogate

North Yorkshire

HG1 5LT

The directors present their report with the financial statements of the company and the group for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

I Fozard

O E Fozard

T M Fozard

G Smith

P A Betts

Other changes in directors holding office are as follows:

I G Galbraith - appointed 16 September 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

I Fozard - Director

11 December 2025

TURNOVER

2,714,294

2,213,485

Cost of sales

1,762,267

1,453,506

GROSS PROFIT

952,027

759,979

Administrative expenses

1,070,291

828,788

(118,264

)

(68,809

)

Other operating income

4,000

4,000

OPERATING LOSS

4

(114,264

)

(64,809

)

Interest payable and similar expenses

33,269

32,413

LOSS BEFORE TAXATION

(147,533

)

(97,222

)

Tax on loss

5

(23,635

)

(21,209

)

LOSS FOR THE FINANCIAL YEAR

(123,898

)

(76,013

)

Loss attributable to:

Owners of the parent

(123,898

)

(76,013

)

FIXED ASSETS

Intangible assets

7

199,770

220,812

Tangible assets

8

835,775

861,862

Investments

9

-

-

1,035,545

1,082,674

CURRENT ASSETS

Stocks

201,819

226,946

Debtors

10

531,264

567,213

Cash at bank and in hand

38,950

43,548

772,033

837,707

CREDITORS

Amounts falling due within one year

11

785,863

790,005

NET CURRENT (LIABILITIES)/ASSETS

(13,830

)

47,702

TOTAL ASSETS LESS CURRENT LIABILITIES

1,021,715

1,130,376

CREDITORS

Amounts falling due after more than one year

12

(156,271

)

(141,314

)

PROVISIONS FOR LIABILITIES

14

(173,800

)

(173,520

)

NET ASSETS

691,644

815,542

CAPITAL AND RESERVES

Called up share capital

687,625

687,625

Share premium

15

62,475

62,475

Retained earnings

15

(58,456

)

65,442

SHAREHOLDERS' FUNDS

691,644

815,542

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

I Fozard - Director

FIXED ASSETS

Intangible assets

7

133,291

151,946

Tangible assets

8

792,045

812,960

Investments

9

18,676

18,676

944,012

983,582

CURRENT ASSETS

Stocks

179,755

169,089

Debtors

10

550,745

585,629

Cash at bank and in hand

24,563

39,554

755,063

794,272

CREDITORS

Amounts falling due within one year

11

721,817

675,310

NET CURRENT ASSETS

33,246

118,962

TOTAL ASSETS LESS CURRENT LIABILITIES

977,258

1,102,544

CREDITORS

Amounts falling due after more than one year

12

(151,271

)

(125,481

)

PROVISIONS FOR LIABILITIES

14

(162,800

)

(161,520

)

NET ASSETS

663,187

815,543

CAPITAL AND RESERVES

Called up share capital

687,625

687,625

Share premium

15

62,475

62,475

Retained earnings

15

(86,913

)

65,443

SHAREHOLDERS' FUNDS

663,187

815,543

Company's loss for the financial year

(152,356

)

(76,012

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

I Fozard - Director

1.	STATUTORY INFORMATION

Roosters Brewery 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 General 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill and business combinations

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

On 5 March 2024, Roosters Brewery Ltd acquired the entire share capital of Daleside Brewery Limited, a private company registered in England. The value of the goodwill on acquisition was £68,866 and this is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as follows:

Plant and equipment 10-20% on reducing balance

Fixtures and fittings 15% on reducing balance

Motor vehicles 15% on reducing balance and 25% on cost

Computer equipment 25% on cost

Improvements to property Over the term of the lease.

Stocks

Stocks are valued at the lower of cost and net realisable value, 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 Consolidated Income Statement, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 26 ) .

The average number of employees by undertakings that were proportionately consolidated during the year was 32 (2024 - 36 ) .

4.	OPERATING LOSS

The operating loss is stated after charging:

2025

2024

£

£

Depreciation - owned assets

93,034

99,550

Depreciation - assets on hire purchase contracts

7,381

12,453

Goodwill amortisation

26,707

19,820

5.

TAXATION

Analysis of the tax credit

The tax credit on the loss for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

-

(4,791

)

Deferred tax

(23,635

)

(16,418

)

Tax on loss

(23,635

)

(21,209

)

6.	INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

7.	INTANGIBLE FIXED ASSETS

Group

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

465,272

-

465,272

Additions

-

5,665

5,665

At 31 March 2025

465,272

5,665

470,937

AMORTISATION

At 1 April 2024

244,460

-

244,460

Amortisation for year

26,707

-

26,707

At 31 March 2025

271,167

-

271,167

NET BOOK VALUE

At 31 March 2025

194,105

5,665

199,770

At 31 March 2024

220,812

-

220,812

Company

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

396,406

-

396,406

Additions

-

1,165

1,165

At 31 March 2025

396,406

1,165

397,571

AMORTISATION

At 1 April 2024

244,460

-

244,460

Amortisation for year

19,820

-

19,820

At 31 March 2025

264,280

-

264,280

NET BOOK VALUE

At 31 March 2025

132,126

1,165

133,291

At 31 March 2024

151,946

-

151,946

8.	TANGIBLE FIXED ASSETS

Group

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

375,208

1,090,833

3,998

Additions

2,499

69,761

-

At 31 March 2025

377,707

1,160,594

3,998

DEPRECIATION

At 1 April 2024

138,915

502,915

-

Charge for year

23,993

64,158

1,200

At 31 March 2025

162,908

567,073

1,200

NET BOOK VALUE

At 31 March 2025

214,799

593,521

2,798

At 31 March 2024

236,293

587,918

3,998

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

48,307

8,468

1,526,814

Additions

714

1,354

74,328

At 31 March 2025

49,021

9,822

1,601,142

DEPRECIATION

At 1 April 2024

17,419

5,703

664,952

Charge for year

9,633

1,431

100,415

At 31 March 2025

27,052

7,134

765,367

NET BOOK VALUE

At 31 March 2025

21,969

2,688

835,775

At 31 March 2024

30,888

2,765

861,862

The net book value of tangible fixed assets includes £ 61,401 (2024 - £ 23,432 ) in respect of assets held under hire purchase contracts.

Company

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

375,208

1,052,929

30,133

8,468

1,466,738

Additions

2,499

66,893

714

1,354

71,460

At 31 March 2025

377,707

1,119,822

30,847

9,822

1,538,198

DEPRECIATION

At 1 April 2024

138,915

502,915

6,245

5,703

653,778

Charge for year

23,993

59,418

7,533

1,431

92,375

At 31 March 2025

162,908

562,333

13,778

7,134

746,153

NET BOOK VALUE

At 31 March 2025

214,799

557,489

17,069

2,688

792,045

At 31 March 2024

236,293

550,014

23,888

2,765

812,960

The net book value of tangible fixed assets includes £ 61,401 (2024 - £ 23,432 ) in respect of assets held under hire purchase contracts.

9.	FIXED ASSET INVESTMENTS

Company

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

18,676

NET BOOK VALUE

At 31 March 2025

18,676

At 31 March 2024

18,676

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Roosters Brewing Company Ltd

Registered office: The Old Brewhouse, 8A Waterside, Knaresborough HG5 9AZ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary shares £1 each

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

Daleside Brewery Limited

Registered office: The Old Brewhouse, 8A Waterside, Knaresborough HG5 9AZ

Nature of business: Brewery

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

(14,947

)

(50,290

)

Profit/(loss) for the year

35,343

(74,525

)

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group

Company

2025

2024

2025

2024

£

£

£

£

Trade debtors

253,338

305,082

212,625

224,720

Amounts owed by group undertakings

-

-

131,596

194,999

Other debtors

6,320

22,168

6,320

11,390

Deferred tax asset

223,500

199,585

153,500

117,585

Prepayments

48,106

40,378

46,704

36,935

531,264

567,213

550,745

585,629

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group

Company

2025

2024

2025

2024

£

£

£

£

Bank loans and overdrafts

100,392

87,971

90,393

78,804

Hire purchase contracts

14,318

16,276

14,318

16,276

Trade creditors

131,917

154,227

127,656

115,800

Amounts owed to group undertakings

-

-

100

100

Social security and other taxes

19,561

13,747

16,655

10,781

VAT

73,728

70,670

62,416

56,800

Other creditors

58,225

64,780

36,869

37,947

Directors' current accounts

240,000

220,000

240,000

220,000

Accruals and deferred income

147,722

162,334

133,410

138,802

785,863

790,005

721,817

675,310

12.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Group

Company

2025

2024

2025

2024

£

£

£

£

Bank loans - 1-2 years

95,070

69,559

90,070

60,393

Bank loans - 2-5 years

31,411

64,737

31,411

58,070

Hire purchase contracts

29,790

7,018

29,790

7,018

156,271

141,314

151,271

125,481

13.	SECURED DEBTS

The following secured debts are included within creditors:

Group

Company

2025

2024

2025

2024

£

£

£

£

Hire purchase contracts

44,108

23,294

44,108

23,294

14.	PROVISIONS FOR LIABILITIES

Group

Company

2025

2024

2025

2024

£

£

£

£

Deferred tax

173,800

173,520

162,800

161,520

Group

Deferred

tax

£

Balance at 1 April 2024

173,520

Charge to Income Statement during year

280

Balance at 31 March 2025

173,800