Signature Brew Ltd
for the Year Ended 31 December 2025
Signature Brew Ltd
Contents
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Company Information |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Signature Brew Ltd
Company Information
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Directors |
Mr S A McGregor Mr T Bott |
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Registered office |
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Accountants |
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Signature Brew Ltd
(Registration number: 07823971)
Balance Sheet as at 31 December 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Intangible assets |
- |
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Tangible assets |
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Investments |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets/(liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
201 |
188 |
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Share premium reserve |
3,110,799 |
2,416,873 |
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Other reserves |
1,357,552 |
- |
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Retained earnings |
(4,868,904) |
(3,946,447) |
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Shareholders' deficit |
(400,352) |
(1,529,386) |
For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Signature Brew Ltd
(Registration number: 07823971)
Balance Sheet as at 31 December 2025
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Signature Brew Ltd
Statement of Changes in Equity for the Year Ended 31 December 2025
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Share capital |
Share premium |
Other reserves |
Retained earnings |
Total |
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At 1 January 2025 |
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- |
( |
( |
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Profit for the year |
- |
- |
- |
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New share capital subscribed |
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- |
- |
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Transfers |
- |
- |
1,357,552 |
(1,357,552) |
- |
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At 31 December 2025 |
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( |
( |
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Share capital |
Share premium |
Retained earnings |
Total |
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At 1 January 2024 |
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( |
( |
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Loss for the year |
- |
- |
( |
( |
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New share capital subscribed |
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- |
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At 31 December 2024 |
188 |
2,416,873 |
(3,946,447) |
(1,529,386) |
The other reserve represents the reduction of creditors as a result of the company entering into a CVA during the year. This reserve is treated as not being distributable to shareholders until successful completion of the CVA.
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
In preparing these accounts, the directors have carefully considered a number of factors pertaining to the company’s status. As reported in the 2024 financial statements principal among these is the corporate restructure completed in 2025. This involved the incorporation of Signature Brew Group Limited (SBG) to run the group’s brewing operations with Signature Brew Limited (SBL) operating the bars and events side. SBG is now the parent company, with all existing shareholders in SBL having their previous shareholdings mirrored in SBG following a share for share exchange. Brewery customers, brewery plant and other assets and associated liabilities, and employees of SBL were transferred to SBG in this reorganisation effective 1st September 2025.
As part of this restructure, SBL entered into a Company Voluntary Arrangement (CVA) on 24th June 2025. The approval of this arrangement has enabled the company to trade satisfactorily and to meet its liabilities as they fall due. The restructure was necessary due to the ongoing effects of COVID-19 on the industry and provides a reset from which the company can sustainably grow and seek new investment.
On this basis, following the preparation of the necessary forecasts and completing the restructure described above, the directors are able to approve these financial statements on a going concern basis (the condition underpinning the approval of all CVAs). The company has adhered to the terms of the CVA at the date of approval of these accounts and is taking all necessary steps to ensure compliance throughout the remaining term, through to successful conclusion.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant, equipment and fixtures |
According to asset at 10% to 20% using reducing balance method |
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
The financial statements contain information about Signature Brew Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(A) of the Companies Act 2006 of the requirement to prepare consolidated financial statements.
Intangible assets
Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Profit/loss before tax |
Arrived at after charging/(crediting)
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2025 |
2024 |
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Depreciation expense |
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Amortisation expense |
- |
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Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Intangible assets |
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Trademarks, patents and licenses |
Total |
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Cost or valuation |
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At 1 January 2025 |
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Disposals |
( |
( |
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At 31 December 2025 |
- |
- |
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Amortisation |
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At 1 January 2025 |
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Amortisation eliminated on disposals |
( |
( |
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At 31 December 2025 |
- |
- |
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Carrying amount |
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At 31 December 2025 |
- |
- |
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At 31 December 2024 |
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Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Tangible assets |
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Short leasehold land and buildings |
Fixtures and fittings |
Plant and machinery |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 January 2025 |
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Additions |
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- |
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- |
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Disposals |
( |
( |
( |
( |
( |
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At 31 December 2025 |
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- |
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Depreciation |
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At 1 January 2025 |
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Charge for the year |
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- |
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Eliminated on disposal |
( |
( |
( |
( |
( |
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At 31 December 2025 |
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- |
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Carrying amount |
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At 31 December 2025 |
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- |
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At 31 December 2024 |
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Included within the net book value of land and buildings above is £36,915 (2024 - £89,319) in respect of short leasehold land and buildings.
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Investments |
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2025 |
2024 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
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Cost or valuation |
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At 1 January 2025 |
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Provision |
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Provision |
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Carrying amount |
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At 31 December 2025 |
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At 31 December 2024 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2025 |
2024 |
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Subsidiary undertakings |
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Unit 15 Uplands Business Park, Blackhorse Lane, London E17 5QJ United Kingdom |
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198 Hoe Street, London E17 4BF United Kingdom |
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Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Subsidiary undertakings |
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SBTR LImited The principal activity of SBTR LImited is |
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The Collaboration London Ltd The principal activity of The Collaboration London Ltd is |
The Collaboration London Ltd ceased to trade in 2025 and has subsequently entered liquidation. The company’s nominal investment in this company has therefore been provided for.
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Stocks |
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2025 |
2024 |
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Finished goods and goods for resale |
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Debtors |
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Current |
Note |
2025 |
2024 |
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Trade debtors |
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Amounts owed by related parties |
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Prepayments |
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Other debtors |
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Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Creditors |
Creditors: amounts falling due within one year
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Note |
2025 |
2024 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Creditors: amounts falling due after more than one year
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Note |
2025 |
2024 |
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Due after one year |
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Loans and borrowings |
- |
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Other financial liabilities |
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- |
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Included within the loans and bank borrowings due within one year and after one year are amounts of NIL (2024 - £712,153) secured by way of a fixed and floating charge over all the property or undertakings of the company.
Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Loans and borrowings |
Non-current loans and borrowings
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2025 |
2024 |
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Bank borrowings |
- |
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Hire purchase contracts |
- |
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Other borrowings |
- |
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- |
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Current loans and borrowings
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2025 |
2024 |
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Bank borrowings |
- |
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Bank overdrafts |
- |
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Hire purchase contracts |
- |
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Other borrowings |
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of contingencies not included in the balance sheet is £1,357,552 (2024 - £Nil). There is a contingent liability relating to the right of creditors to the CVA to pursue the full amount of the original debt if the terms of the CVA are not adhered to.
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Related party transactions |
Directors’ remuneration shown below is the combined amount due to the two directors.
Directors' remuneration
The directors' remuneration for the year was as follows:
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2025 |
2024 |
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Remuneration |
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Signature Brew Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Summary of transactions with parent
At the year end the company was owed £243,691 by its parent company Signature Brew Group Ltd.
During the year, the company entered into a licence arrangement with its parent undertaking, Signature Brew Group Limited, for the use of intellectual property and related brand assets. Included within administrative expenses is a licence fee of £80,993 payable to the parent company in respect of the period from 1 September 2025 to 31 December 2025. At the balance sheet date, the amount outstanding and payable to the parent company was £80,993.
In pursuit of the corporate restructuring described in Note 1 to the Financial Statements the company transferred its tangible and intangible fixed assets relating to brewery operations to the parent company, Signature Brew Group Limited on 1st September 2025. The consideration payable was set at the net book value of the assets as they stood in the company’s books at the date of transfer, £794,510. This amount remains payable as part of the interest-free inter-company funding between the company and its parent.
Summary of transactions with subsidiaries
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Parent and ultimate parent undertaking |
The company's parent is