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REGISTERED NUMBER: 11205069 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE WILD OVEN LTD

THE WILD OVEN LTD (REGISTERED NUMBER: 11205069)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


THE WILD OVEN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2024







DIRECTOR: Miss D A Kerby





REGISTERED OFFICE: Billesley Manor Farm
Billesley
Alcester
Warwickshire
B49 6NE





REGISTERED NUMBER: 11205069 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

THE WILD OVEN LTD (REGISTERED NUMBER: 11205069)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 56,680 70,850
Tangible assets 5 12,251 14,271
68,931 85,121

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 112,088 46,326
Cash at bank and in hand 80,452 171,402
194,540 219,728
CREDITORS
Amounts falling due within one year 7 195,790 233,484
NET CURRENT LIABILITIES (1,250 ) (13,756 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,681

71,365

CREDITORS
Amounts falling due after more than one year 8 16,387 26,314
NET ASSETS 51,294 45,051

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 51,293 45,050
SHAREHOLDERS' FUNDS 51,294 45,051

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:



Miss D A Kerby - Director


THE WILD OVEN LTD (REGISTERED NUMBER: 11205069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024

1. STATUTORY INFORMATION

The Wild Oven Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 17 (2023 - 17 ) .

THE WILD OVEN LTD (REGISTERED NUMBER: 11205069)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 141,700
AMORTISATION
At 1 April 2023 70,850
Amortisation for year 14,170
At 31 March 2024 85,020
NET BOOK VALUE
At 31 March 2024 56,680
At 31 March 2023 70,850

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 50,756 17,359 25,000 2,692 95,807
Additions 2,879 - - - 2,879
Disposals (5,586 ) (4,090 ) - (777 ) (10,453 )
At 31 March 2024 48,049 13,269 25,000 1,915 88,233
DEPRECIATION
At 1 April 2023 45,103 10,437 25,000 996 81,536
Charge for year 1,945 2,476 - 479 4,900
Eliminated on disposal (5,586 ) (4,091 ) - (777 ) (10,454 )
At 31 March 2024 41,462 8,822 25,000 698 75,982
NET BOOK VALUE
At 31 March 2024 6,587 4,447 - 1,217 12,251
At 31 March 2023 5,653 6,922 - 1,696 14,271

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 1,969 887
Other debtors 8,228 45,087
Prepayments 119 352
10,316 46,326

Amounts falling due after more than one year:
Other debtors 101,772 -

Aggregate amounts 112,088 46,326

THE WILD OVEN LTD (REGISTERED NUMBER: 11205069)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,113 11,113
Trade creditors 38,052 1,858
Tax 3,652 9,038
Social security and other taxes 425 808
Wages & pensions 364 -
VAT 9,487 7,747
Other creditors 125,007 180,840
Directors' current accounts 6,147 13,180
Deferred income - 7,231
Accrued expenses 1,543 1,669
195,790 233,484

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 11,113 11,113
Bank loans - 2-5 years 5,274 15,201
16,387 26,314

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within debtors is a loan of £110,000 (2023 £45,000) owed to a family member of the director. The loan will be charged 2% per annum from 1 June 2024 and is repayable by 1 June 2034.

Amount due to director at the year end is £6,148 (2023 £13,180). This loan does not attract interest and there are no repayment terms.