Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09964332 2023-02-01 2024-01-31 09964332 2022-02-01 2023-01-31 09964332 2024-01-31 09964332 2023-01-31 09964332 c:Director1 2023-02-01 2024-01-31 09964332 d:MotorVehicles 2023-02-01 2024-01-31 09964332 d:MotorVehicles 2024-01-31 09964332 d:MotorVehicles 2023-01-31 09964332 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09964332 d:OfficeEquipment 2023-02-01 2024-01-31 09964332 d:OfficeEquipment 2024-01-31 09964332 d:OfficeEquipment 2023-01-31 09964332 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09964332 d:ComputerEquipment 2023-02-01 2024-01-31 09964332 d:ComputerEquipment 2024-01-31 09964332 d:ComputerEquipment 2023-01-31 09964332 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09964332 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09964332 d:CurrentFinancialInstruments 2024-01-31 09964332 d:CurrentFinancialInstruments 2023-01-31 09964332 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09964332 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09964332 d:ShareCapital 2024-01-31 09964332 d:ShareCapital 2023-01-31 09964332 d:RetainedEarningsAccumulatedLosses 2024-01-31 09964332 d:RetainedEarningsAccumulatedLosses 2023-01-31 09964332 c:FRS102 2023-02-01 2024-01-31 09964332 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09964332 c:FullAccounts 2023-02-01 2024-01-31 09964332 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 09964332









RAW&WILD LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
RAW&WILD LTD
REGISTERED NUMBER: 09964332

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
350
908

  
350
908

Current assets
  

Stocks
 5 
30,908
39,000

Debtors: amounts falling due within one year
 6 
837
18,270

Cash at bank and in hand
  
1,445
1,716

  
33,190
58,986

Creditors: amounts falling due within one year
 7 
(215,726)
(201,875)

Net current liabilities
  
 
 
(182,536)
 
 
(142,889)

Total assets less current liabilities
  
(182,186)
(141,981)

  

Net liabilities
  
(182,186)
(141,981)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(182,286)
(142,081)

  
(182,186)
(141,981)

Page 1

 
RAW&WILD LTD
REGISTERED NUMBER: 09964332
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 September 2024.

Y Thrasyvoulou
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
RAW&WILD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Raw&Wild Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office and principal place of business is shown on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

After reviewing the company's forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. This is based on the company continuing to receive the financial support from its major creditors. The company therefore continues to adopt the going concern basis in preparing its financial statements.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of income and retained earnings.

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised when the products are delivered to the customer.

Page 3

 
RAW&WILD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Taxation

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
5 years straight line
Office equipment
-
3 years straight line
Computer equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a unit cost basis.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Income and Retained Earnings.

 
2.8

Debtors

Short term debtors are measured at transation price, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.10

Creditors

Creditors are measured at the transaction price.

 
2.11

Financial instruments

Page 4

 
RAW&WILD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.11
Financial instruments (continued)

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
21,716
478
4,663
26,857



At 31 January 2024

21,716
478
4,663
26,857



Depreciation


At 1 February 2023
21,716
445
3,788
25,949


Charge for the year on owned assets
-
33
525
558



At 31 January 2024

21,716
478
4,313
26,507



Net book value



At 31 January 2024
-
-
350
350



At 31 January 2023
-
33
875
908


5.


Stocks

2024
2023
£
£

Finished goods and goods for resale
30,908
39,000

30,908
39,000


Page 5

 
RAW&WILD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
-
440

Other debtors
837
17,765

Prepayments
-
65

837
18,270



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,720
5,875

Other creditors
212,006
188,000

Accruals
-
8,000

215,726
201,875



8.


Related party transactions

At the financial year end, the company owed the director £24,006 (2023: £16,884 debtor). Interest was charged at a commercial rate. 
At the financial year end the company owed £188,000 (2023: £188,000) to companies related by virtue of the director's father. The loans are unsecured, interest free and repayable on demand although the  entities have indicated that they will not seek repayment until cash resources are significantly improved. 

 
Page 6