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Company Registration No. 11821654 (England and Wales)
COYOTE UGLY SALOON BIRMINGHAM LTD Unaudited accounts for the period from 28 February 2023 to 29 February 2024
COYOTE UGLY SALOON BIRMINGHAM LTD Unaudited accounts Contents
Page
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COYOTE UGLY SALOON BIRMINGHAM LTD Company Information for the period from 28 February 2023 to 29 February 2024
Director
Stephen Lewis
Company Number
11821654 (England and Wales)
Registered Office
78 ST. MARY STREET CARDIFF CF10 1FA UNITED KINGDOM
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COYOTE UGLY SALOON BIRMINGHAM LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
339,673 
355,843 
Current assets
Inventories
44,859 
23,215 
Debtors
28,134 
88,397 
Cash at bank and in hand
44,507 
41,741 
117,500 
153,353 
Creditors: amounts falling due within one year
(658,630)
(520,252)
Net current liabilities
(541,130)
(366,899)
Total assets less current liabilities
(201,457)
(11,056)
Creditors: amounts falling due after more than one year
(33,334)
(141,000)
Net liabilities
(234,791)
(152,056)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(235,791)
(153,056)
Shareholders' funds
(234,791)
(152,056)
For the period ending 29 February 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 director acknowledges his 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 and authorised for issue on 11 October 2024 and were signed on its behalf by
Stephen Lewis Director Company Registration No. 11821654
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COYOTE UGLY SALOON BIRMINGHAM LTD Notes to the Accounts for the period from 28 February 2023 to 29 February 2024
1
Statutory information
COYOTE UGLY SALOON BIRMINGHAM LTD is a private company, limited by shares, registered in England and Wales, registration number 11821654. The registered office is 78 ST. MARY STREET, CARDIFF, CF10 1FA, UNITED KINGDOM.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover
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.
Going concern
At 29 February 2024 the company had net liabilities of £234,791. However the company received financial support from the director and shareholders of the company, as well as companies with common control, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
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COYOTE UGLY SALOON BIRMINGHAM LTD Notes to the Accounts for the period from 28 February 2023 to 29 February 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 28 February 2023
334,587 
83,108 
26,455 
444,150 
Additions
- 
- 
1,479 
1,479 
At 29 February 2024
334,587 
83,108 
27,934 
445,629 
Depreciation
At 28 February 2023
- 
63,968 
24,339 
88,307 
Charge for the period
- 
16,622 
1,027 
17,649 
At 29 February 2024
- 
80,590 
25,366 
105,956 
Net book value
At 29 February 2024
334,587 
2,518 
2,568 
339,673 
At 27 February 2023
334,587 
19,140 
2,116 
355,843 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
15,930 
74,533 
Other debtors
12,204 
13,864 
28,134 
88,397 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,666 
20,000 
VAT
35,396 
45,391 
Trade creditors
16,979 
160,956 
Amounts owed to group undertakings and other participating interests
513,153 
263,276 
Taxes and social security
8,534 
12,988 
Other creditors
24,701 
1,245 
Loans from directors
- 
(7,220)
Accruals
48,201 
23,616 
658,630 
520,252 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,334 
45,000 
Other creditors
- 
96,000 
33,334 
141,000 
8
Average number of employees
During the period the average number of employees was 63 (2023: 58).
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