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REGISTERED NUMBER: 04351315 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

PURPLE MOOSE BREWERY LTD

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 637,301 641,560
Investments 5 25 25
637,326 641,585

CURRENT ASSETS
Stocks 319,631 296,975
Debtors 6 226,782 170,490
Cash at bank and in hand 115,526 234,273
661,939 701,738
CREDITORS
Amounts falling due within one year 7 375,356 272,433
NET CURRENT ASSETS 286,583 429,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

923,909

1,070,890

CREDITORS
Amounts falling due after more than one
year

8

(115,375

)

(125,788

)

PROVISIONS FOR LIABILITIES (47,017 ) (45,973 )
NET ASSETS 761,517 899,129

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 761,417 899,029
761,517 899,129

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 2024


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 30 August 2024 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 2024


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 2024


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 56 (2023 - 39 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 486,620 865,220 1,351,840
Additions - 37,311 37,311
At 31 January 2024 486,620 902,531 1,389,151
DEPRECIATION
At 1 February 2023 51,536 658,744 710,280
Charge for year 4,367 37,203 41,570
At 31 January 2024 55,903 695,947 751,850
NET BOOK VALUE
At 31 January 2024 430,717 206,584 637,301
At 31 January 2023 435,084 206,476 641,560

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023
and 31 January 2024 25
NET BOOK VALUE
At 31 January 2024 25
At 31 January 2023 25

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 147,317 150,349
Other debtors 79,465 20,141
226,782 170,490

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 122,267 60,023
Taxation and social security 59,942 71,987
Other creditors 193,147 140,423
375,356 272,433

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 115,375 125,788

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 81,617 57,196
Between one and five years 173,288 136,963
254,905 194,159

PURPLE MOOSE BREWERY LTD (REGISTERED NUMBER: 04351315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


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.