Company Registration No. 08154374 (England and Wales)
WILD CARD BREWERY LIMITED
Unaudited accounts
for the year ended 31 July 2023
WILD CARD BREWERY LIMITED
Unaudited accounts
Contents
WILD CARD BREWERY LIMITED
Company Information
for the year ended 31 July 2023
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 2023
Intangible assets
14,173
15,396
Tangible assets
274,459
298,260
Inventories
123,680
118,808
Cash at bank and in hand
61,422
7,942
Creditors: amounts falling due within one year
(397,173)
(250,356)
Net current assets
50,528
226,397
Total assets less current liabilities
339,160
540,053
Creditors: amounts falling due after more than one year
(134,124)
(184,029)
Net assets
205,036
356,024
Called up share capital
297,000
297,000
Profit and loss account
(91,964)
59,024
Shareholders' funds
205,036
356,024
For the year ending 31 July 2023 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 26 October 2023 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 2023
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 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
342,813
178,880
521,693
Additions
17,366
12,621
29,987
At 31 July 2023
360,179
191,501
551,680
At 1 August 2022
164,711
58,722
223,433
Charge for the year
39,856
13,932
53,788
At 31 July 2023
204,567
72,654
277,221
At 31 July 2023
155,612
118,847
274,459
At 31 July 2022
178,102
120,158
298,260
Amounts falling due within one year
Trade debtors
169,798
242,074
Amounts due from group undertakings etc.
10,600
18,000
Accrued income and prepayments
20,894
29,072
Other debtors
61,307
60,857
WILD CARD BREWERY LIMITED
Notes to the Accounts
for the year ended 31 July 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
93,896
61,673
Trade creditors
110,365
120,984
Taxes and social security
88,468
38,362
Other creditors
41,631
2,929
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
134,124
184,029
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 (2022: 21).