Company Registration No. 08154374 (England and Wales)
WILD CARD BREWERY LIMITED
Unaudited accounts
for the year ended 31 July 2022
WILD CARD BREWERY LIMITED
Unaudited accounts
Contents
WILD CARD BREWERY LIMITED
Company Information
for the year ended 31 July 2022
Directors
Andrew Birkby
William Harris
Company Number
08154374 (England and Wales)
Registered Office
Unit 2 Lockwood Way
London
E17 5RB
England
Accountants
Accountingpreneur Limited
Second Floor
26 Goodge Street
Fitzrovia
London
W1T 2QG
WILD CARD BREWERY LIMITED
Statement of financial position
as at
31 July 2022
Intangible assets
15,396
10,958
Tangible assets
298,260
318,254
Inventories
118,808
160,151
Cash at bank and in hand
7,942
192,256
Creditors: amounts falling due within one year
(250,356)
(319,148)
Net current assets
226,397
176,387
Total assets less current liabilities
540,053
505,599
Creditors: amounts falling due after more than one year
(184,029)
(150,000)
Net assets
356,024
355,599
Called up share capital
297,000
297,000
Profit and loss account
59,024
58,599
Shareholders' funds
356,024
355,599
For the year ending 31 July 2022 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 4 November 2022 and were signed on its behalf by
Andrew Birkby
Director
Company Registration No. 08154374
WILD CARD BREWERY LIMITED
Notes to the Accounts
for the year ended 31 July 2022
WILD CARD BREWERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08154374. The registered office is Unit 2 Lockwood Way, London , E17 5RB, England.
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 realistic depreciation terms and revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
All assets are depreciated using a straight line basis over 3,5,7,10 and 15 years.
Fixtures & fittings
All assets are depreciated using a straight line basis over 3,5,7,10 and 15 years.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intangible fixed assets - amortised over 5 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
WILD CARD BREWERY LIMITED
Notes to the Accounts
for the year ended 31 July 2022
4
Intangible fixed assets
Other
Charge for the year
4,037
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2021
331,640
164,346
495,986
Additions
9,940
14,534
24,474
At 31 July 2022
341,580
178,880
520,460
At 1 August 2021
131,301
46,431
177,732
Charge for the year
32,177
12,291
44,468
At 31 July 2022
163,478
58,722
222,200
At 31 July 2022
178,102
120,158
298,260
At 31 July 2021
200,339
117,915
318,254
Amounts falling due within one year
Trade debtors
242,074
60,411
Amounts due from group undertakings etc.
18,000
-
Accrued income and prepayments
29,072
38,033
Other debtors
60,857
44,684
WILD CARD BREWERY LIMITED
Notes to the Accounts
for the year ended 31 July 2022
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
61,673
6,187
Trade creditors
120,984
128,923
Taxes and social security
38,362
77,293
Other creditors
2,929
4,045
Loans from directors
-
1,201
8
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
184,029
150,000
9
Share capital
2022
2021
Allotted, called up and fully paid:
1,220,349 A Ordinary shares of £0.162249 each
198,000.40
198,000.40
610,344 B Investment shares of £0.162204 each
99,000.23
99,000.23
10
Average number of employees
During the year the average number of employees was 21 (2021: 21).