Scarlet River Brewing Company Ltd

Scarlet River Brewing Company Ltd
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	71,311	-
		71,311	-
Current assets
Stocks	4	3,719	-
Debtors	5	4,778	-
Cash at bank and in hand		79,345	2
		87,842	2
Creditors: amount falling due within one year	6	(164,805)	-
Net current assets		(76,963)	2

Total assets less current liabilities		(5,652)	2
Accruals and deferred income		(17,659)	-
Provisions for liabilities	7	(11,202)	-
Net assets		(34,513)	2

Capital and reserves
Called up share capital	8	2	2
Profit and loss account		(34,515)	-
Shareholders' funds		(34,513)	2

For the period ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the board of directors on 11 September 2026 and were signed on its behalf by:

-------------------------------
Nicola Sibson
Director

Scarlet River Brewing Company Ltd
Notes to the Financial Statements
For the Period 01 February 2025 to 31 July 2026

General Information

Scarlet River Brewing Company Ltd is a private company, limited by shares, registered in , registration number 13116544, registration address 21 Eastfield Road, Witney, OX28 1HP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Improvements to property	10 Straight Line
Fixtures and Fittings	25 Reducing Balance
Plant and Machinery	25 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 1 (2025 : 0).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Improvements to property	Total
	£	£	£	£
At 01 February 2025	-	-	-	-
Additions	48,567	3,587	45,547	97,701
Disposals	-	-	-	-
At 31 July 2026	48,567	3,587	45,547	97,701
Depreciation
At 01 February 2025	-	-	-	-
Charge for period	18,213	1,345	6,832	26,390
On disposals	-	-	-	-
At 31 July 2026	18,213	1,345	6,832	26,390
Net book values
Closing balance as at 31 July 2026	30,354	2,242	38,715	71,311
Opening balance as at 01 February 2025	-	-	-	-

The net book value of Improvements to property includes £ 38,715 in respect of assets leased under finance leases or hire purchase contracts.

Stocks

	2026 £		2025 £
Stocks	3,719		-
	3,719		-

Debtors: amounts falling due within one year

	2026 £	2025 £
Prepayments & Accrued Income	611	-
Other Debtors	4,167	-
	4,778	-

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	4,203	-
PAYE & Social Security	388	-
Accrued Expenses	3,565	-
Other Creditors	32	-
Directors' Current Accounts	147,553	-
VAT	9,064	-
	164,805	-

Provisions for liabilities

	2026 £		2025 £
Charged to Profit & Loss	11,202		-
	11,202		-

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
2 Ordinary shares of £1.00 each	2		2
	2		2

Operating lease commitments

At the balance sheet date the company had total future minimum lease payments due under a non-cancellable operating lease of land and buildings, as follows:

Commitment
Not later than one year		11,712
Later than one year and not later than five years		70,863
		82,575