Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-252023-09-25falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2023-02-091true 14652951 2023-02-08 14652951 2023-02-09 2023-09-25 14652951 2021-10-01 2023-02-08 14652951 2023-09-25 14652951 1 2023-02-09 2023-09-25 14652951 d:Director1 2023-02-09 2023-09-25 14652951 c:Buildings c:LongLeaseholdAssets 2023-02-09 2023-09-25 14652951 c:Buildings c:LongLeaseholdAssets 2023-09-25 14652951 c:CurrentFinancialInstruments 2023-09-25 14652951 c:CurrentFinancialInstruments c:WithinOneYear 2023-09-25 14652951 c:ShareCapital 2023-09-25 14652951 c:RetainedEarningsAccumulatedLosses 2023-09-25 14652951 d:OrdinaryShareClass1 2023-02-09 2023-09-25 14652951 d:OrdinaryShareClass1 2023-09-25 14652951 d:FRS102 2023-02-09 2023-09-25 14652951 d:AuditExempt-NoAccountantsReport 2023-02-09 2023-09-25 14652951 d:FullAccounts 2023-02-09 2023-09-25 14652951 d:PrivateLimitedCompanyLtd 2023-02-09 2023-09-25 14652951 e:PoundSterling 2023-02-09 2023-09-25 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14652951














EATMEDRINKME LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD FROM 9 FEBRUARY 2023 TO 25 SEPTEMBER 2023

 
EATMEDRINKME LTD
REGISTERED NUMBER:14652951

BALANCE SHEET
AS AT 25 SEPTEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
279,500

  
279,500

Current assets
  

Debtors: amounts falling due within one year
 5 
35,999

  
35,999

Creditors: amounts falling due within one year
 6 
(320,399)

Net current liabilities
  
 
 
(284,400)

Total assets less current liabilities
  
(4,900)

  

Net liabilities
  
(4,900)


Capital and reserves
  

Called up share capital 
 7 
100

Profit and loss account
  
(5,000)

  
(4,900)


1

 
EATMEDRINKME LTD
REGISTERED NUMBER:14652951
    
BALANCE SHEET (CONTINUED)
AS AT 25 SEPTEMBER 2023

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 period 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 profit and loss account 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 by: 




J A Bulmer
Director

Date: 6 November 2024

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

2

 
EATMEDRINKME LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 25 SEPTEMBER 2023

1.


General information

Eatmedrinkme Ltd is a private company, limited by shares, registered in England and Wales, registration number 14652951. The registered office address is Elsley Court, 20- 22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company would be that of an immersive inspired bar and restaurant venue.

The company was incorporated on 9 February 2023 and it has not commenced trading during the period.
The company shortened its accounting reference date from 28 February 2024 to 25 September 2023.

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 company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis as the director has confirmed he will continue to provide necessary funding in order for the company to maintain operations and meet liabilites in full for at least the next 12 months. On the basis, the director is satisfied that the financial statements should be prepared on a ongoing basis.

3

 
EATMEDRINKME LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 25 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.3

Taxation

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 corporation 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.


 
2.4

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:

Leasehold improvements
-
Over the lease term

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.

 
2.5

Debtors

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

 
2.6

Creditors

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

4

 
EATMEDRINKME LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 25 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

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


3.


Employees




The average monthly number of employees, including the director, during the period was 1.


4.


Tangible fixed assets





Leasehold
improvements

£



Cost 


Additions
279,500



At 25 September 2023

279,500






Net book value



At 25 September 2023
279,500

The fit out has not been completed yet and therefore the property is not fit for purpose. Once the outfit is complete, then the depreciation will be charged.


5.


Debtors

2023
£


Amounts owed by group undertakings
100

Other debtors
35,899

35,999


5

 
EATMEDRINKME LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 25 SEPTEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
215,399

Accruals
105,000

320,399



7.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On incorporation, the company issued 100 ordinary subscriber shares of £1 each.


8.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance
with FRS 102 Section 1A paragraph 1AC.35.
 

9.


Post balance sheet events

The company signed a 15 year lease with a £500,000 per annum rental for a property post period end. As part of the lease agreement, the company received a capital contribution post period end toward fit-out costs from the landlord totalling £550,000.
On 17 October 2024, the company became a wholly owned subsidiary of Immersive Dining Concepts Limited and is therefore no longer controlled by Wonderland Restaurants Limited.

 
6