REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MAY 2023 TO 31 JANUARY 2024 |
FOR |
THE THIRSTY BIRD LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MAY 2023 TO 31 JANUARY 2024 |
FOR |
THE THIRSTY BIRD LTD |
THE THIRSTY BIRD LTD (REGISTERED NUMBER: 10107889) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MAY 2023 TO 31 JANUARY 2024 |
Page |
Balance sheet | 1 |
Notes to the financial statements | 2 |
THE THIRSTY BIRD LTD (REGISTERED NUMBER: 10107889) |
BALANCE SHEET |
31 JANUARY 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) |
Total assets less current liabilities | ( |
) |
Creditors |
Amounts falling due after more than one year | 7 |
Net liabilities | ( |
) |
Capital and reserves |
Called up share capital | 8 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
THE THIRSTY BIRD LTD (REGISTERED NUMBER: 10107889) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MAY 2023 TO 31 JANUARY 2024 |
1. | Statutory information |
The Thirsty Bird Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10107889. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH. |
The Director intends to dissolve the company as the company has ceased trading. The accounting period has been shortened to end on 31 January 2024 and therefore the comparatives are not entirely comparable. |
2. | Accounting policies |
Basis of preparing the financial statements |
The company ceased to trade at 30 April 2023 and the Director intends to dissolve the company and therefore does not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. According the financial statements have been prepared on a basis other than going concern. |
Turnover |
Turnover represents income receivable, net of discounts and VAT, from the cafe. |
Tangible fixed assets |
Long leasehold | - |
Taxation |
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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. |
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset. |
Financial instruments |
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
3. | Employees and directors |
The average number of employees during the period was |
THE THIRSTY BIRD LTD (REGISTERED NUMBER: 10107889) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MAY 2023 TO 31 JANUARY 2024 |
4. | Tangible fixed assets |
Long |
leasehold |
£ |
Cost |
At 1 May 2023 |
Disposals | ( |
) |
At 31 January 2024 |
Depreciation |
At 1 May 2023 |
Eliminated on disposal | ( |
) |
At 31 January 2024 |
Net book value |
At 31 January 2024 |
At 30 April 2023 |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other debtors |
VAT |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Tax |
Directors' current accounts | - | 92,729 |
Accruals and deferred income |
7. | Creditors: amounts falling due after more than one year |
2024 | 2023 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
THE THIRSTY BIRD LTD (REGISTERED NUMBER: 10107889) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MAY 2023 TO 31 JANUARY 2024 |
9. | Ultimate controlling party |
The company is controlled by the director, Miss G Boyd, by virtue of her 100% holding of the issued share capital. |