Company Registration No. 13244362 (England and Wales)
410 Beers Wines And Spirits Limited
Unaudited accounts
for the year ended 31 May 2024
410 Beers Wines And Spirits Limited
Unaudited accounts
Contents
410 Beers Wines And Spirits Limited
Company Information
for the year ended 31 May 2024
Directors
Darren Gallagher
Margaret Gallagher
Megan Harrison
Company Number
13244362 (England and Wales)
410 Beers Wines And Spirits Limited
Statement of financial position
as at 31 May 2024
Intangible assets
215,895
82,001
Tangible assets
251,502
280,860
Inventories
575,394
575,394
Cash at bank and in hand
284,529
454,217
Creditors: amounts falling due within one year
(121,233)
(8,848)
Net current assets
739,090
1,021,163
Net assets
1,206,487
1,384,024
Called up share capital
1
1
Profit and loss account
1,206,486
1,384,023
Shareholders' funds
1,206,487
1,384,024
For the year ending 31 May 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 12 September 2024 and were signed on its behalf by
Darren Gallagher
Director
Company Registration No. 13244362
410 Beers Wines And Spirits Limited
Notes to the Accounts
for the year ended 31 May 2024
410 Beers Wines And Spirits Limited is a private company, limited by shares, registered in England and Wales, registration number 13244362.
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.
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
10% reducing balance
Motor vehicles
5 year straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation over 10 years.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 June 2023
101,063
-
101,063
Additions
-
160,000
160,000
At 31 May 2024
101,063
160,000
261,063
At 1 June 2023
19,062
-
19,062
Charge for the year
10,106
16,000
26,106
At 31 May 2024
29,168
16,000
45,168
At 31 May 2024
71,895
144,000
215,895
At 31 May 2023
82,001
-
82,001
410 Beers Wines And Spirits Limited
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
320,386
20,473
340,859
At 31 May 2024
320,752
20,473
341,225
At 1 June 2023
55,904
4,095
59,999
Charge for the year
26,448
3,276
29,724
At 31 May 2024
82,352
7,371
89,723
At 31 May 2024
238,400
13,102
251,502
At 31 May 2023
264,482
16,378
280,860
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
90,568
25,360
Taxes and social security
6,022
905
Other creditors
12,775
306
Loans from directors
531
(31,353)
8
Average number of employees
During the year the average number of employees was 16 (2023: 16).