Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-242023-12-24false4falseOther service activities not elsewhere classified42022-12-26truetrue 10614151 2022-12-26 2023-12-24 10614151 2022-01-01 2022-12-25 10614151 2023-12-24 10614151 2022-12-25 10614151 c:Director2 2022-12-26 2023-12-24 10614151 d:CurrentFinancialInstruments 2023-12-24 10614151 d:CurrentFinancialInstruments 2022-12-25 10614151 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-24 10614151 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-25 10614151 d:ShareCapital 2023-12-24 10614151 d:ShareCapital 2022-12-25 10614151 d:RetainedEarningsAccumulatedLosses 2023-12-24 10614151 d:RetainedEarningsAccumulatedLosses 2022-12-25 10614151 c:FRS102 2022-12-26 2023-12-24 10614151 c:Audited 2022-12-26 2023-12-24 10614151 c:FullAccounts 2022-12-26 2023-12-24 10614151 c:PrivateLimitedCompanyLtd 2022-12-26 2023-12-24 10614151 c:SmallCompaniesRegimeForAccounts 2022-12-26 2023-12-24 10614151 2 2022-12-26 2023-12-24 10614151 e:PoundSterling 2022-12-26 2023-12-24 iso4217:GBP xbrli:pure

Registered number: 10614151









BREWSKEE LTD









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 24 DECEMBER 2023

 
BREWSKEE LTD
REGISTERED NUMBER: 10614151

BALANCE SHEET
AS AT 24 DECEMBER 2023

24 December
25 December
2023
2022
Note
£
£

Fixed assets
  

Tangible fixed assets
  
-
332,978

  
-
332,978

Current assets
  

Debtors: amounts falling due within one year
 4 
1,986
1,263,852

Cash at bank and in hand
 5 
-
57,366

  
1,986
1,321,218

Creditors: amounts falling due within one year
 6 
-
(1,727,561)

Net current assets/(liabilities)
  
 
 
1,986
 
 
(406,343)

Total assets less current liabilities
  
1,986
(73,365)

  

Net assets/(liabilities)
  
1,986
(73,365)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
1,985
(73,366)

  
1,986
(73,365)


Page 1

 
BREWSKEE LTD
REGISTERED NUMBER: 10614151
    
BALANCE SHEET (CONTINUED)
AS AT 24 DECEMBER 2023

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 comprehensive income 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 13 June 2024.




M R Grech-Smith
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BREWSKEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 DECEMBER 2023

1.


General information

Brewskee Ltd is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales (registered number: 10614151). 
The company's registered office address is 101 New Cavendish Street, First Floor South, London, W1W 6XH.
The principal activity continued to be that of the operation of a leisure facility site.
The financial statements are presented in Sterling, which is the functional currency of the company
During the period the entity's sublease was returned to the Landlord and therefore the company is expected to remain dormant going forward.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the group companies and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 24 December 2023, the Company had net assets of £1,986 (2022: liability of £73,365).The group companies and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence.

Page 3

 
BREWSKEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
BREWSKEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
BREWSKEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The average monthly number of employees, including directors, during the period was 4 (2022 - 4).


4.


Debtors

24 December
25 December
2023
2022
£
£


Trade debtors
-
6,580

Amounts owed by group undertakings
-
424,958

Other debtors
-
633,811

Prepayments and accrued income
-
197,943

Deferred taxation
1,986
560

1,986
1,263,852



5.


Cash and cash equivalents

24 December
25 December
2023
2022
£
£

Cash at bank and in hand
-
57,366

-
57,366


Page 6

 
BREWSKEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

24 December
25 December
2023
2022
£
£

Amounts owed to group undertakings
-
409,946

Other creditors
-
184,466

Accruals and deferred income
-
1,133,149

-
1,727,561



7.


Related party transactions

FRS 102 does not require disclosure of transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.


8.


Controlling party

The smallest group to consolidate these financial statements is Competitive Socialising Group Limited, a private company incorporated in England & Wales (registered number: 13420604). The registered office of Competitive Socialising Group Limited is 101 New Cavendish Street, First Floor South, London, W1W 6XH.


9.


Auditors' information

The auditors' report on the financial statements for the period ended 24 December 2023 was unqualified.

The audit report was signed on 13 June 2024 by Daniel Walters (Senior Statutory Auditor) on behalf of Harris & Trotter LLP.

Page 7