Company Registration No. 08105415 (England and Wales)
WAVENEY ALES AND CIDERS LIMITED
Unaudited accounts
for the year ended 30 June 2024
WAVENEY ALES AND CIDERS LIMITED
Unaudited accounts
Contents
WAVENEY ALES AND CIDERS LIMITED
Company Information
for the year ended 30 June 2024
Directors
Mr Steve Moore
Mr Darren Moore
Mrs Michelle Moore
Company Number
08105415 (England and Wales)
Registered Office
UNIT 4 BELVEDERE ROAD
LOWESTOFT
NR33 0PR
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
WAVENEY ALES AND CIDERS LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
1,496
1,760
Cash at bank and in hand
42,993
31,513
Creditors: amounts falling due within one year
(33,777)
(35,314)
Net current assets
22,404
6,837
Called up share capital
4
4
Profit and loss account
23,896
8,593
Shareholders' funds
23,900
8,597
For the year ending 30 June 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by
Mr Darren Moore
Director
Company Registration No. 08105415
WAVENEY ALES AND CIDERS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
WAVENEY ALES AND CIDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08105415. The registered office is UNIT 4 BELVEDERE ROAD, LOWESTOFT, NR33 0PR.
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 year, 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.
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.
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:
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
3,345
3,750
382
7,477
At 30 June 2024
3,345
3,750
382
7,477
At 1 July 2023
2,641
2,816
260
5,717
Charge for the year
106
140
18
264
At 30 June 2024
2,747
2,956
278
5,981
At 30 June 2024
598
794
104
1,496
At 30 June 2023
704
934
122
1,760
WAVENEY ALES AND CIDERS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,245
27,629
Taxes and social security
14,902
5,893
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).