Acorah Software Products - Accounts Production 19.2.450 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 SC509679 Mr Alasdair McGill Mr Duncan Alexander Mr Mark Griffiths Mr Alan Warnock Mr Fergus Sydney Clark Mr John Wesley Nelms Mr Benjamin Morris Mr Alasdair McGill Mr Martin Ewan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC509679 2024-06-30 SC509679 2025-06-30 SC509679 2024-07-01 2025-06-30 SC509679 frs-core:CurrentFinancialInstruments 2025-06-30 SC509679 frs-core:Non-currentFinancialInstruments 2025-06-30 SC509679 frs-core:BetweenOneFiveYears 2025-06-30 SC509679 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 SC509679 frs-core:FurnitureFittings 2025-06-30 SC509679 frs-core:FurnitureFittings 2024-07-01 2025-06-30 SC509679 frs-core:FurnitureFittings 2024-06-30 SC509679 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 SC509679 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC509679 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 SC509679 frs-core:MotorVehicles 2025-06-30 SC509679 frs-core:MotorVehicles 2024-07-01 2025-06-30 SC509679 frs-core:MotorVehicles 2024-06-30 SC509679 frs-core:OtherResidualIntangibleAssets 2025-06-30 SC509679 frs-core:OtherResidualIntangibleAssets 2024-07-01 2025-06-30 SC509679 frs-core:OtherResidualIntangibleAssets 2024-06-30 SC509679 frs-core:PlantMachinery 2025-06-30 SC509679 frs-core:PlantMachinery 2024-07-01 2025-06-30 SC509679 frs-core:PlantMachinery 2024-06-30 SC509679 frs-core:WithinOneYear 2025-06-30 SC509679 frs-core:SharePremium 2025-06-30 SC509679 frs-core:ShareCapital 2025-06-30 SC509679 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 SC509679 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC509679 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 SC509679 frs-bus:SmallEntities 2024-07-01 2025-06-30 SC509679 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC509679 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC509679 frs-bus:Director1 2024-07-01 2025-06-30 SC509679 frs-bus:Director2 2024-07-01 2025-06-30 SC509679 frs-bus:Director3 2024-07-01 2025-06-30 SC509679 frs-bus:Director4 2024-07-01 2025-06-30 SC509679 frs-bus:Director5 2024-07-01 2025-06-30 SC509679 frs-bus:Director6 2024-07-01 2025-06-30 SC509679 frs-bus:Director7 2024-07-01 2025-06-30 SC509679 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 SC509679 frs-bus:CompanySecretary2 2024-07-01 2025-06-30 SC509679 frs-core:CurrentFinancialInstruments 1 2025-06-30 SC509679 frs-countries:Scotland 2024-07-01 2025-06-30 SC509679 2023-06-30 SC509679 2024-06-30 SC509679 2023-07-01 2024-06-30 SC509679 frs-core:CurrentFinancialInstruments 2024-06-30 SC509679 frs-core:Non-currentFinancialInstruments 2024-06-30 SC509679 frs-core:BetweenOneFiveYears 2024-06-30 SC509679 frs-core:WithinOneYear 2024-06-30 SC509679 frs-core:SharePremium 2024-06-30 SC509679 frs-core:ShareCapital 2024-06-30 SC509679 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC509679 frs-core:CurrentFinancialInstruments 1 2024-06-30
Registered number: SC509679
71 Brewing Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Ashton McGill
71 Brewing Limited
Contents
Contents

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

Page 1
71 Brewing Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: SC509679

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 22,560 |  | 28,200
Tangible Assets | 5 |  | 236,898 |  | 372,393
|  |  | 259,458 |  | 400,593
CURRENT ASSETS
Stocks | 6 | 282,852 |  | 315,040 |
Debtors | 7 | 382,564 |  | 474,679 |
Cash at bank and in hand |  | (25,653 ) |  | 37,690 |
|  | 639,763 |  | 827,409 |
Creditors: Amounts Falling Due Within One Year | 8 | (1,018,172 ) |  | (634,885 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (378,409 ) |  | 192,524
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (118,951 ) |  | 593,117
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (188,711 ) |  | (320,931 )
NET (LIABILITIES)/ASSETS |  |  | (307,662 ) |  | 272,186
CAPITAL AND RESERVES
Called up share capital | 11 |  | 255 |  | 255
Share premium account |  |  | 1,658,896 |  | 1,658,896
Profit and Loss Account |  |  | (1,966,813 ) |  | (1,386,965 )
SHAREHOLDERS' FUNDS |  |  | (307,662) |  | 272,186

Page 1
Page 2
71 Brewing 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

Mr Mark Griffiths Director
29/05/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
71 Brewing Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
71 Brewing Limited is a private company, limited by shares, incorporated in Scotland, registered number SC509679 . The registered office is 36-40 Bellfield Street, Dundee, DD1 5HZ.
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 .... It is amortised to the profit and loss account over its estimated economic life of .... years.
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:

Freehold | 20% Straight Line
Plant & Machinery | 20% Straight Line
Motor Vehicles | 25% Straight Line
Fixtures & Fittings | 20% Straight Line

2.5. 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.
2.6. 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.
Page 3
Page 4
71 Brewing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2024: 16)
18 16
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 July 2024 | 28,200
As at 30 June 2025 | 28,200
Amortisation
As at 1 July 2024 | -
Provided during the period | 5,640
As at 30 June 2025 | 5,640
Net Book Value
As at 30 June 2025 | 22,560
As at 1 July 2024 | 28,200

5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £ | £
Cost
As at 1 July 2024 | 209,589 | 1,086,083 | 66,084 | 14,806 | 1,376,562
Additions | - | 389 | - | 4,555 | 4,944
As at 30 June 2025 | 209,589 | 1,086,472 | 66,084 | 19,361 | 1,381,506
Depreciation
As at 1 July 2024 | 183,810 | 771,597 | 40,657 | 8,105 | 1,004,169
Provided during the period | 9,630 | 117,109 | 10,521 | 3,179 | 140,439
As at 30 June 2025 | 193,440 | 888,706 | 51,178 | 11,284 | 1,144,608
Net Book Value
As at 30 June 2025 | 16,149 | 197,766 | 14,906 | 8,077 | 236,898
As at 1 July 2024 | 25,779 | 314,486 | 25,427 | 6,701 | 372,393

Page 4
Page 5
71 Brewing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock - BrewHouse | 48,765 |  | 70,634
Stock - Packaging | 58,145 |  | 54,994
Finished goods | 151,968 |  | 163,637
Work in progress | 23,974 |  | 25,775
| 282,852 |  | 315,040

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 276,371 |  | 330,208
Prepayments and accrued income | 44,235 |  | 39,696
Other debtors | 2,040 |  | 35,994
Amounts owed by group undertakings | (10,082 ) |  | 68,781
| 312,564 |  | 474,679
Due after more than one year
Amounts owed by group undertakings | 70,000 |  | -
| 382,564 |  | 474,679

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 39,191 |  | 48,109
Trade creditors | 166,443 |  | 181,398
Bank loans and overdrafts | 52,905 |  | 3,166
Other taxes and social security | 14,083 |  | 8,969
VAT | 90,078 |  | 71,156
Other creditors | 515,130 |  | 1,710
Loan Note. | 74,712 |  | 277,949
Accruals and deferred income | 20,174 |  | 36,633
Directors' loan accounts | 45,456 |  | 5,795
| 1,018,172 |  | 634,885

The company has an invoice financing facility secured by a floating charge over all assets of the company, including a negative pledge. As the company retains substantially the risks and rewards of the receivables, the gross debtor balance of £276,371 remains on the balance sheet. The amount drawn under the facility at 30 June 2025 was £129,394, included within creditors due within one year.
Page 5
Page 6
71 Brewing 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
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 49,946 |  | 89,137
Loan Note | 138,765 |  | 231,794
| 188,711 |  | 320,931

10. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 39,191 |  | 48,109
Later than one year and not later than five years | 49,946 |  | 89,137
| 89,137 |  | 137,246
| 89,137 |  | 137,246

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 255 |  | 255

12. Post Balance Sheet Events
Subsequent to the year end, loans totalling £191,687 advanced by existing shareholders were converted into equity. As this event occurred after the reporting date, the amounts have been retained within creditors in these financial statements. The conversion resulted in the issue of 1,957 ordinary shares.
13. Related Party Transactions
During the year, existing shareholders advanced £191,687 to the company on an unsecured, interest-free basis with no fixed repayment date. These amounts are included within current liabilities.
Subsequent to the year end, these loans were converted to equity as detailed in the Post Balance Sheet Events note.
Page 6