The Birdcage Ltd 13035782 false 2021-01-04 2022-03-31 2022-03-31 The principal activity of the company is a cafe and take-away food outlet Digita Accounts Production Advanced 6.30.9574.0 true 13035782 2021-01-04 2022-03-31 13035782 2022-03-31 13035782 bus:Director1 1 2022-03-31 13035782 bus:OrdinaryShareClass1 2022-03-31 13035782 core:CurrentFinancialInstruments 2022-03-31 13035782 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 13035782 core:FurnitureFittingsToolsEquipment 2022-03-31 13035782 core:OtherPropertyPlantEquipment 2022-03-31 13035782 bus:SmallEntities 2021-01-04 2022-03-31 13035782 bus:AuditExemptWithAccountantsReport 2021-01-04 2022-03-31 13035782 bus:FullAccounts 2021-01-04 2022-03-31 13035782 bus:SmallCompaniesRegimeForAccounts 2021-01-04 2022-03-31 13035782 bus:RegisteredOffice 2021-01-04 2022-03-31 13035782 bus:Director1 2021-01-04 2022-03-31 13035782 bus:Director1 1 2021-01-04 2022-03-31 13035782 bus:OrdinaryShareClass1 2021-01-04 2022-03-31 13035782 bus:PrivateLimitedCompanyLtd 2021-01-04 2022-03-31 13035782 core:FurnitureFittings 2021-01-04 2022-03-31 13035782 core:FurnitureFittingsToolsEquipment 2021-01-04 2022-03-31 13035782 core:OtherPropertyPlantEquipment 2021-01-04 2022-03-31 13035782 core:PlantMachinery 2021-01-04 2022-03-31 13035782 countries:EnglandWales 2021-01-04 2022-03-31 13035782 bus:Director1 1 2021-01-03 iso4217:GBP xbrli:pure xbrli:shares

The Birdcage Ltd

Annual Report and Unaudited Financial Statements

for the Period from 4 January 2021 to 31 March 2022

Registration number: 13035782

 

The Birdcage Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

The Birdcage Ltd

Company Information

Director

Louella Henrietta Hamilton

Registered office

Nattadon Hill House
Chagford
Devon
TQ13 8BW

Accountants

Sally Wonnacott Ltd
Chartered Certified Accountant
Thornworthy Lodge
Chagford
Newton Abbot
Devon
TQ13 8EY

 

The Birdcage Ltd

(Registration number: 13035782)
Balance Sheet as at 31 March 2022

Note

2022
£

Fixed assets

 

Tangible assets

4

16,103

Current assets

 

Stocks

5

568

Debtors

6

3,017

Cash at bank and in hand

 

23,692

 

27,277

Creditors: Amounts falling due within one year

7

(34,406)

Net current liabilities

 

(7,129)

Total assets less current liabilities

 

8,974

Provisions for liabilities

(2,093)

Net assets

 

6,881

Capital and reserves

 

Called up share capital

8

1

Retained earnings

6,880

Shareholders' funds

 

6,881

For the financial period ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 12 August 2022
 

.........................................
Louella Henrietta Hamilton
Director

 

The Birdcage Ltd

Notes to the Unaudited Financial Statements for the Period from 4 January 2021 to 31 March 2022

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Nattadon Hill House
Chagford
Devon
TQ13 8BW

The principal place of business is:
11 The Square
Chagford
Devon
TQ13 8AA

These financial statements were authorised for issue by the director on 12 August 2022.

2

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).

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.

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 and deferred 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.

 

The Birdcage Ltd

Notes to the Unaudited Financial Statements for the Period from 4 January 2021 to 31 March 2022

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance basis

Fixtures and fittings

25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

 

The Birdcage Ltd

Notes to the Unaudited Financial Statements for the Period from 4 January 2021 to 31 March 2022

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 5.

 

The Birdcage Ltd

Notes to the Unaudited Financial Statements for the Period from 4 January 2021 to 31 March 2022

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

Additions

10,896

10,575

21,471

At 31 March 2022

10,896

10,575

21,471

Depreciation

Charge for the period

2,724

2,644

5,368

At 31 March 2022

2,724

2,644

5,368

Carrying amount

At 31 March 2022

8,172

7,931

16,103

5

Stocks

2022
£

Other inventories

568

6

Debtors

Current

2022
£

Prepayments

578

Other debtors

2,439

7

Creditors

Creditors: amounts falling due within one year

2022
£

Due within one year

Trade creditors

2,593

Taxation and social security

1,085

Accruals and deferred income

1,050

Other creditors

29,678

34,406

 

The Birdcage Ltd

Notes to the Unaudited Financial Statements for the Period from 4 January 2021 to 31 March 2022

8

Share capital

Allotted, called up and fully paid shares

 

2022

 

No.

£

Ordinary of £1 each

1

1

     

9

Related party transactions

Transactions with the director

2022

At 4 January 2021
£

Other payments made to company by director
£

At 31 March 2022
£

Louella Henrietta Hamilton

At the year end, the following amount was due (to)/from the director

-

29,678

29,678

       
     

 

Director's remuneration

The director's remuneration for the period was as follows:

2022
£

Other transactions with the director

The Woodfired Hatch Ltd - the company is wholly owned by Louella Hamilton:

Various market value transactions were conducted with The Woodfired Hatch Ltd during the year and there was an outstanding debtor at the year end of £2,438 (2021: £nil).