Company Registration No. 09649496 (England and Wales)
Red Squirrel Group Limited
Unaudited accounts
for the year ended 30 June 2021
Red Squirrel Group Limited
Unaudited accounts
Contents
Red Squirrel Group Limited
Company Information
for the year ended 30 June 2021
Directors
Gregory Blesson
Jason Duncan-Anderson
Matthias Seidl
Company Number
09649496 (England and Wales)
Registered Office
Unit 18 Boxted Farm
Berkhamsted Road
Hemel Hempstead
Herts
HP1 2SG
Accountants
HJP Chartered
Audley House
Northbridge Road
Berkhamsted
Herts
HP4 1EH
Red Squirrel Group Limited
Statement of financial position
as at
30 June 2021
Investments
360,500
360,500
Debtors
1,828,110
1,830,756
Cash at bank and in hand
55,990
55,990
Creditors: amounts falling due within one year
(1,260)
(1,260)
Net current assets
1,882,840
1,885,486
Net assets
2,243,340
2,245,986
Called up share capital
293,772
293,772
Share premium
1,973,640
1,973,640
Profit and loss account
(24,072)
(21,426)
Shareholders' funds
2,243,340
2,245,986
For the year ending 30 June 2021 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2022 and were signed on its behalf by
Jason Duncan-Anderson
Director
Company Registration No. 09649496
Red Squirrel Group Limited
Notes to the Accounts
for the year ended 30 June 2021
Red Squirrel Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09649496. The registered office is Unit 18 Boxted Farm, Berkhamsted Road, Hemel Hempstead, Herts, HP1 2SG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.
Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Investments
Subsidiary undertakings
Valuation at 1 July 2020
360,500
Valuation at 30 June 2021
360,500
5
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
1,826,110
1,828,756
Other debtors
2,000
2,000
Red Squirrel Group Limited
Notes to the Accounts
for the year ended 30 June 2021
6
Creditors: amounts falling due within one year
2021
2020
Aurora Leasing Limited has a fixed and floating charge over the company's assets. There is £47,714 (2020 - £80,571) owed to Aurora Leasing Limited at 30 June 2021 by The Brewery Shop Limited, a subsidiary undertaking.
7
Share capital
2021
2020
Allotted, called up and fully paid:
22,388,649 Ordinary A shares of £0.01 each
223,886.49
223,886.49
6,988,518 Ordinary B shares of £0.01 each
69,885.18
69,885.18
8
Transactions with related parties
At the end of the year the company was owed the following amounts by its subsidiary companies:
1) Red Squirrel Brewery Limited - owed £1,090,524 (2020 - £1,093,171)
2) The Brewery Shop Limited - owed £735,585 (2020 - £735,585).
During the year there were the following transactions:
1) Red Squirrel Brewery Limited - £2,648 (2020 - £760)
9
Average number of employees
During the year the average number of employees was 3 (2020: 3).