2022-11-012023-10-312023-10-31false12973331SMOK'D - BRITANNIA LIMITED2024-07-31iso4217:GBPxbrli:pure129733312022-11-01129733312023-10-31129733312022-11-012023-10-31129733312021-11-01129733312022-10-31129733312021-11-012022-10-3112973331bus:SmallEntities2022-11-012023-10-3112973331bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3112973331bus:FullAccounts2022-11-012023-10-3112973331bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112973331core:WithinOneYear2023-10-3112973331core:AfterOneYear2023-10-3112973331core:WithinOneYear2022-10-3112973331core:AfterOneYear2022-10-3112973331core:ShareCapital2023-10-3112973331core:SharePremium2023-10-3112973331core:RevaluationReserve2023-10-3112973331core:OtherReservesSubtotal2023-10-3112973331core:RetainedEarningsAccumulatedLosses2023-10-3112973331core:ShareCapital2022-10-3112973331core:SharePremium2022-10-3112973331core:RevaluationReserve2022-10-3112973331core:OtherReservesSubtotal2022-10-3112973331core:RetainedEarningsAccumulatedLosses2022-10-3112973331core:LandBuildings2023-10-3112973331core:PlantMachinery2023-10-3112973331core:Vehicles2023-10-3112973331core:FurnitureFittings2023-10-3112973331core:OfficeEquipment2023-10-3112973331core:NetGoodwill2023-10-3112973331core:IntangibleAssetsOtherThanGoodwill2023-10-3112973331core:ListedExchangeTraded2023-10-3112973331core:UnlistedNon-exchangeTraded2023-10-3112973331core:LandBuildings2022-10-3112973331core:PlantMachinery2022-10-3112973331core:Vehicles2022-10-3112973331core:FurnitureFittings2022-10-3112973331core:OfficeEquipment2022-10-3112973331core:NetGoodwill2022-10-3112973331core:IntangibleAssetsOtherThanGoodwill2022-10-3112973331core:ListedExchangeTraded2022-10-3112973331core:UnlistedNon-exchangeTraded2022-10-3112973331core:LandBuildings2022-11-012023-10-3112973331core:PlantMachinery2022-11-012023-10-3112973331core:Vehicles2022-11-012023-10-3112973331core:FurnitureFittings2022-11-012023-10-3112973331core:OfficeEquipment2022-11-012023-10-3112973331core:NetGoodwill2022-11-012023-10-3112973331core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112973331core:ListedExchangeTraded2022-11-012023-10-3112973331core:UnlistedNon-exchangeTraded2022-11-012023-10-3112973331core:MoreThanFiveYears2022-11-012023-10-3112973331core:Non-currentFinancialInstruments2023-10-3112973331core:Non-currentFinancialInstruments2022-10-3112973331dpl:CostSales2022-11-012023-10-3112973331dpl:DistributionCosts2022-11-012023-10-3112973331core:LandBuildings2022-11-012023-10-3112973331core:PlantMachinery2022-11-012023-10-3112973331core:Vehicles2022-11-012023-10-3112973331core:FurnitureFittings2022-11-012023-10-3112973331core:OfficeEquipment2022-11-012023-10-3112973331dpl:AdministrativeExpenses2022-11-012023-10-3112973331core:NetGoodwill2022-11-012023-10-3112973331core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112973331dpl:GroupUndertakings2022-11-012023-10-3112973331dpl:ParticipatingInterests2022-11-012023-10-3112973331dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112973331core:ListedExchangeTraded2022-11-012023-10-3112973331dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112973331core:UnlistedNon-exchangeTraded2022-11-012023-10-3112973331dpl:CostSales2021-11-012022-10-3112973331dpl:DistributionCosts2021-11-012022-10-3112973331core:LandBuildings2021-11-012022-10-3112973331core:PlantMachinery2021-11-012022-10-3112973331core:Vehicles2021-11-012022-10-3112973331core:FurnitureFittings2021-11-012022-10-3112973331core:OfficeEquipment2021-11-012022-10-3112973331dpl:AdministrativeExpenses2021-11-012022-10-3112973331core:NetGoodwill2021-11-012022-10-3112973331core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3112973331dpl:GroupUndertakings2021-11-012022-10-3112973331dpl:ParticipatingInterests2021-11-012022-10-3112973331dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3112973331core:ListedExchangeTraded2021-11-012022-10-3112973331dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3112973331core:UnlistedNon-exchangeTraded2021-11-012022-10-3112973331core:NetGoodwill2023-10-3112973331core:IntangibleAssetsOtherThanGoodwill2023-10-3112973331core:LandBuildings2023-10-3112973331core:PlantMachinery2023-10-3112973331core:Vehicles2023-10-3112973331core:FurnitureFittings2023-10-3112973331core:OfficeEquipment2023-10-3112973331core:AfterOneYear2023-10-3112973331core:WithinOneYear2023-10-3112973331core:ListedExchangeTraded2023-10-3112973331core:UnlistedNon-exchangeTraded2023-10-3112973331core:ShareCapital2023-10-3112973331core:SharePremium2023-10-3112973331core:RevaluationReserve2023-10-3112973331core:OtherReservesSubtotal2023-10-3112973331core:RetainedEarningsAccumulatedLosses2023-10-3112973331core:NetGoodwill2022-10-3112973331core:IntangibleAssetsOtherThanGoodwill2022-10-3112973331core:LandBuildings2022-10-3112973331core:PlantMachinery2022-10-3112973331core:Vehicles2022-10-3112973331core:FurnitureFittings2022-10-3112973331core:OfficeEquipment2022-10-3112973331core:AfterOneYear2022-10-3112973331core:WithinOneYear2022-10-3112973331core:ListedExch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SMOK'D - BRITANNIA LIMITED

Registered Number
12973331
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

SMOK'D - BRITANNIA LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

WHITE, Leigh

Registered Address

46 Richmond Road
Kingston Upon Thames
KT2 5EE

Registered Number

12973331 (England and Wales)
SMOK'D - BRITANNIA LIMITED
Statement of Financial Position
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets426,720825
26,720825
Current assets
Stocks514,00010,930
Debtors6158,0688,945
Cash at bank and on hand11,41671,579
183,48491,454
Creditors amounts falling due within one year7(77,564)(49,130)
Net current assets (liabilities)105,92042,324
Total assets less current liabilities132,64043,149
Creditors amounts falling due after one year8(9,906)-
Provisions for liabilities10(16,680)-
Net assets106,05443,149
Capital and reserves
Called up share capital100100
Profit and loss account105,95443,049
Shareholders' funds106,05443,149
The financial statements were approved and authorised for issue by the Director on 31 July 2024, and are signed on its behalf by:
WHITE, Leigh
Director
Registered Company No. 12973331
SMOK'D - BRITANNIA LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery3
Fixtures and fittings5
Vehicles5
Office Equipment3
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year97
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 November 22831-335-1,166
Additions4,58513,9859,71651128,797
At 31 October 235,41613,98510,05151129,963
Depreciation and impairment
At 01 November 22274-67-341
Charge for year1,1332991,417532,902
At 31 October 231,4072991,484533,243
Net book value
At 31 October 234,00913,6868,56745826,720
At 31 October 22557-268-825
5.Stocks

2023

2022

££
Other stocks14,00010,930
Total14,00010,930
6.Debtors: amounts due within one year

2023

2022

££
Other debtors147,7203,671
Prepayments and accrued income10,3485,274
Total158,0688,945
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables32,42119,289
Taxation and social security19,77520,034
Finance lease and HP contracts3,496-
Other creditors19,1227,873
Accrued liabilities and deferred income2,7501,934
Total77,56449,130
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors: amounts due after one year

2023

2022

££
Other creditors9,906-
Total9,906-
9.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts9,906-
10.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)6,680-
Other provisions10,000-
Total16,680-
11.Off-balance sheet arrangements
During the financial year ending 31 October 2023, Smok'd Britannia Limited was committed to making the following payments under a non-cancellable premises lease agreements to the effect of: £41,000 due within one year (2022: £31,000) and £171,000 due after one year (2022: £212,000).