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REGISTERED NUMBER: 04351315 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

PURPLE MOOSE BREWERY LTD

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 641,560 480,457
Investments 5 25 25
641,585 480,482

CURRENT ASSETS
Stocks 296,975 356,658
Debtors 6 170,490 124,490
Cash at bank and in hand 234,273 397,537
701,738 878,685
CREDITORS
Amounts falling due within one year 7 272,433 338,677
NET CURRENT ASSETS 429,305 540,008
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,070,890

1,020,490

CREDITORS
Amounts falling due after more than one
year

8

(125,788

)

(135,994

)

PROVISIONS FOR LIABILITIES (45,973 ) (33,276 )
NET ASSETS 899,129 851,220

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 899,029 851,120
899,129 851,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

BALANCE SHEET - continued
31 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

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:





L J Washington - Director


PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Purple Moose Brewery Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04351315

Registered office: Bragdy Mws Piws Cyf
Madoc Street
Porthmadog
Gwynedd
LL49 9DB

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 1% on reducing balance
Plant and machinery etc - 25% on cost and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2022 - 38 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 324,918 824,536 1,149,454
Additions 161,702 40,684 202,386
At 31 January 2023 486,620 865,220 1,351,840
DEPRECIATION
At 1 February 2022 47,142 621,855 668,997
Charge for year 4,394 36,889 41,283
At 31 January 2023 51,536 658,744 710,280
NET BOOK VALUE
At 31 January 2023 435,084 206,476 641,560
At 31 January 2022 277,776 202,681 480,457

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2022
and 31 January 2023 25
NET BOOK VALUE
At 31 January 2023 25
At 31 January 2022 25

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 150,349 111,290
Other debtors 20,141 13,200
170,490 124,490

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 60,023 95,026
Taxation and social security 71,987 104,605
Other creditors 140,423 139,046
272,433 338,677

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 125,788 135,994

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 57,196 22,106
Between one and five years 136,963 4,106
194,159 26,212

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


10. SECURED DEBTS

The bank overdraft is secured by a fixed and floating charge over the assets of the company.

The bank loans are secured by a charge over the freehold property and other assets of the company.