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COMPANY REGISTRATION NUMBER: 14191755

Mccanns Brewery Limited

Filleted Unaudited Financial Statements

30 June 2025

Mccanns Brewery Limited

Financial Statements

Year ended 30 June 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Mccanns Brewery Limited

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 55,130 | 53,821

Current assets

Debtors | 6 | 94,711 | 40,862
Cash at bank and in hand | 4,105 | 28,905
| -------- | --------
| 98,816 | 69,767

Creditors: amounts falling due within one year | 7 | 861,876 | 534,948
| --------- | ---------
Net current liabilities | 763,060 | 465,181
| --------- | ---------
Total assets less current liabilities | ( 707,930) | ( 411,360)

Provisions

Taxation including deferred tax | – | 563
| --------- | ---------
Net liabilities | ( 707,930) | ( 411,923)
| --------- | ---------

Capital and reserves

Called up share capital | 1 | 1
Profit and loss account | ( 707,931) | ( 411,924)
| --------- | ---------
Shareholder deficit | ( 707,930) | ( 411,923)
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mccanns Brewery Limited

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 13 March 2026 , and are signed on behalf of the board by:

Mr K R Gorman |
Director |

Company registration number: 14191755

Mccanns Brewery Limited

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Haffenden Farm Bugglesden Road, St. Michaels, Tenterden, TN30 6TG, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The Director has considered the basis of the preparation of the accounts and is satisfied that the accounts should be prepared on a going concern basis. As part of this assessment, the Director has taken into account the financial backing available from GGG Invest Limited, the company’s principal shareholder. GGG Invest Limited has confirmed its continued intention to provide financial support to the company for the foreseeable future, and the Director is satisfied that such support will be made available as and when required. In addition, the company benefits from access to external financing facilities arranged through GGG Invest Limited’s financiers, further strengthening the group’s liquidity position.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 15% straight line
| Motor vehicles | - | 15% straight line
| Equipment | - | 15% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 14 ).
5. Tangible assets

| Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 July 2024 | 8,025 | 7,875 | 42,647 | 58,547
Additions | 11,769 | – | 3,810 | 15,579
Disposals | – | – | ( 4,810) | ( 4,810)
| -------- | ------- | -------- | --------
At 30 June 2025 | 19,794 | 7,875 | 41,647 | 69,316
| -------- | ------- | -------- | --------
Depreciation |  |  |  |
At 1 July 2024 | 324 | 197 | 4,205 | 4,726
Charge for the year | 2,644 | 1,083 | 5,733 | 9,460
| -------- | ------- | -------- | --------
At 30 June 2025 | 2,968 | 1,280 | 9,938 | 14,186
| -------- | ------- | -------- | --------
Carrying amount |  |  |  |
At 30 June 2025 | 16,826 | 6,595 | 31,709 | 55,130
| -------- | ------- | -------- | --------
At 30 June 2024 | 7,701 | 7,678 | 38,442 | 53,821
| -------- | ------- | -------- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 23,620 | 28,485
Other debtors | 71,091 | 12,377
| -------- | --------
| 94,711 | 40,862
| -------- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 31,272 | 39,055
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 823,725 | 451,979
Social security and other taxes | 2,875 | 5,909
Other creditors | 4,004 | 38,005
| --------- | ---------
| 861,876 | 534,948
| --------- | ---------

8. Related party transactions
At the year end, the company owed £823,725 (2024: £451,979) to a group company.
9. Controlling party
The company's parent company is GGG Invest Limited , a company incorporated in England and Wales. GGG Invest Limited's registered address is Haffenden Farm, Bugglesden Road, St. Michaels, Tenterden, United Kingdom, TN30 6TG .