Company Registration No. 11821654 (England and Wales)
COYOTE UGLY SALOON BIRMINGHAM LTD
Unaudited accounts
for the period from 1 March 2022 to 27 February 2023
COYOTE UGLY SALOON BIRMINGHAM LTD
Unaudited accounts
Contents
COYOTE UGLY SALOON BIRMINGHAM LTD
Company Information
for the period from 1 March 2022 to 27 February 2023
Company Number
11821654 (England and Wales)
Registered Office
78 ST. MARY STREET
CARDIFF
CF10 1FA
UNITED KINGDOM
COYOTE UGLY SALOON BIRMINGHAM LTD
Statement of financial position
as at 27 February 2023
Tangible assets
355,843
356,789
Cash at bank and in hand
41,741
288,597
Creditors: amounts falling due within one year
(520,252)
(455,798)
Net current liabilities
(366,899)
(133,317)
Total assets less current liabilities
(11,056)
223,472
Creditors: amounts falling due after more than one year
(141,000)
(380,437)
Net liabilities
(152,056)
(156,965)
Called up share capital
1,000
1,000
Profit and loss account
(153,056)
(157,965)
Shareholders' funds
(152,056)
(156,965)
For the period ending 27 February 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 director acknowledges his 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 and authorised for issue on 5 February 2024 and were signed on its behalf by
Stephen Lewis
Director
Company Registration No. 11821654
COYOTE UGLY SALOON BIRMINGHAM LTD
Notes to the Accounts
for the period from 1 March 2022 to 27 February 2023
COYOTE UGLY SALOON BIRMINGHAM LTD is a private company, limited by shares, registered in England and Wales, registration number 11821654. The registered office is 78 ST. MARY STREET, CARDIFF, CF10 1FA, UNITED KINGDOM.
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 period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the 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:
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
COYOTE UGLY SALOON BIRMINGHAM LTD
Notes to the Accounts
for the period from 1 March 2022 to 27 February 2023
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
314,168
83,108
24,747
422,023
Additions
20,419
-
1,708
22,127
At 27 February 2023
334,587
83,108
26,455
444,150
At 1 March 2022
-
47,347
17,887
65,234
Charge for the period
-
16,621
6,452
23,073
At 27 February 2023
-
63,968
24,339
88,307
At 27 February 2023
334,587
19,140
2,116
355,843
At 28 February 2022
314,168
35,761
6,860
356,789
Amounts falling due within one year
Accrued income and prepayments
74,533
1,497
Other debtors
13,864
7,221
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
20,000
20,000
Trade creditors
160,956
327,950
Amounts owed to group undertakings and other participating interests
263,276
-
Taxes and social security
12,988
98,194
Other creditors
1,245
1,001
Loans from directors
(7,220)
-
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
96,000
315,437
8
Average number of employees
During the period the average number of employees was 58 (2022: 26).