2023-04-012024-03-312024-03-31false12511042WE FERMENT LTD2024-11-0847910iso4217:GBPxbrli:pure125110422023-04-01125110422024-03-31125110422023-04-012024-03-31125110422022-04-01125110422023-03-31125110422022-04-012023-03-3112511042bus:SmallEntities2023-04-012024-03-3112511042bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3112511042bus:AbridgedAccounts2023-04-012024-03-3112511042bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112511042core:WithinOneYear2024-03-3112511042core:AfterOneYear2024-03-3112511042core:WithinOneYear2023-03-3112511042core:AfterOneYear2023-03-3112511042core:ShareCapital2024-03-3112511042core:SharePremium2024-03-3112511042core:RevaluationReserve2024-03-3112511042core:OtherReservesSubtotal2024-03-3112511042core:RetainedEarningsAccumulatedLosses2024-03-3112511042core:ShareCapital2023-03-3112511042core:SharePremium2023-03-3112511042core:RevaluationReserve2023-03-3112511042core:OtherReservesSubtotal2023-03-3112511042core:RetainedEarningsAccumulatedLosses2023-03-3112511042core:LandBuildings2024-03-3112511042core:PlantMachinery2024-03-3112511042core:Vehicles2024-03-3112511042core:FurnitureFittings2024-03-3112511042core:OfficeEquipment2024-03-3112511042core:NetGoodwill2024-03-3112511042core:IntangibleAssetsOtherThanGoodwill2024-03-3112511042core:ListedExchangeTraded2024-03-3112511042core:UnlistedNon-exchangeTraded2024-03-3112511042core:LandBuildings2023-03-3112511042core:PlantMachinery2023-03-3112511042core:Vehicles2023-03-3112511042core:FurnitureFittings2023-03-3112511042core:OfficeEquipment2023-03-3112511042core:NetGoodwill2023-03-3112511042core:IntangibleAssetsOtherThanGoodwill2023-03-3112511042core:ListedExchangeTraded2023-03-3112511042core:UnlistedNon-exchangeTraded2023-03-3112511042core:LandBuildings2023-04-012024-03-3112511042core:PlantMachinery2023-04-012024-03-3112511042core:Vehicles2023-04-012024-03-3112511042core:FurnitureFittings2023-04-012024-03-3112511042core:OfficeEquipment2023-04-012024-03-3112511042core:NetGoodwill2023-04-012024-03-3112511042core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112511042core:ListedExchangeTraded2023-04-012024-03-3112511042core:UnlistedNon-exchangeTraded2023-04-012024-03-3112511042core:MoreThanFiveYears2023-04-012024-03-3112511042core:Non-currentFinancialInstruments2024-03-3112511042core:Non-currentFinancialInstruments2023-03-3112511042dpl:CostSales2023-04-012024-03-3112511042dpl:DistributionCosts2023-04-012024-03-3112511042core:LandBuildings2023-04-012024-03-3112511042core:PlantMachinery2023-04-012024-03-3112511042core:Vehicles2023-04-012024-03-3112511042core:FurnitureFittings2023-04-012024-03-3112511042core:OfficeEquipment2023-04-012024-03-3112511042dpl:AdministrativeExpenses2023-04-012024-03-3112511042core:NetGoodwill2023-04-012024-03-3112511042core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112511042dpl:GroupUndertakings2023-04-012024-03-3112511042dpl:ParticipatingInterests2023-04-012024-03-3112511042dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3112511042core:ListedExchangeTraded2023-04-012024-03-3112511042dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3112511042core:UnlistedNon-exchangeTraded2023-04-012024-03-3112511042dpl:CostSales2022-04-012023-03-3112511042dpl:DistributionCosts2022-04-012023-03-3112511042core:LandBuildings2022-04-012023-03-3112511042core:PlantMachinery2022-04-012023-03-3112511042core:Vehicles2022-04-012023-03-3112511042core:FurnitureFittings2022-04-012023-03-3112511042core:OfficeEquipment2022-04-012023-03-3112511042dpl:AdministrativeExpenses2022-04-012023-03-3112511042core:NetGoodwill2022-04-012023-03-3112511042core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112511042dpl:GroupUndertakings2022-04-012023-03-3112511042dpl:ParticipatingInterests2022-04-012023-03-3112511042dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112511042core:ListedExchangeTraded2022-04-012023-03-3112511042dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112511042core:UnlistedNon-exchangeTraded2022-04-012023-03-3112511042core:NetGoodwill2024-03-3112511042core:IntangibleAssetsOtherThanGoodwill2024-03-3112511042core:LandBuildings2024-03-3112511042core:PlantMachinery2024-03-3112511042core:Vehicles2024-03-3112511042core:FurnitureFittings2024-03-3112511042core:OfficeEquipment2024-03-3112511042core:AfterOneYear2024-03-3112511042core:WithinOneYear2024-03-3112511042core:ListedExchangeTraded2024-03-3112511042core:UnlistedNon-exchangeTraded2024-03-3112511042core:ShareCapital2024-03-3112511042core:SharePremium2024-03-3112511042core:RevaluationReserve2024-03-3112511042core:OtherReservesSubtotal2024-03-3112511042core:RetainedEarningsAccumulatedLosses2024-03-3112511042core:NetGoodwill2023-03-3112511042core:IntangibleAssetsOtherThanGoodwill2023-03-3112511042core:LandBuildings2023-03-3112511042core:PlantMachinery2023-03-3112511042core:Vehicles2023-03-3112511042core:FurnitureFittings2023-03-3112511042core:OfficeEquipment2023-03-3112511042core:AfterOneYear2023-03-3112511042core:WithinOneYear2023-03-3112511042core:ListedExchangeTraded2023-03-3112511042core:UnlistedNon-exchangeTraded2023-03-3112511042core:ShareCapital2023-03-3112511042core:SharePremium2023-03-3112511042core:RevaluationReserve2023-03-3112511042core:OtherReservesSubtotal2023-03-3112511042core:RetainedEarningsAccumulatedLosses2023-03-3112511042core:NetGoodwill2022-04-0112511042core:IntangibleAssetsOtherThanGoodwill2022-04-0112511042core:LandBuildings2022-04-0112511042core:PlantMachinery2022-04-0112511042core:Vehicles2022-04-0112511042core:FurnitureFittings2022-04-0112511042core:OfficeEquipment2022-04-0112511042core:AfterOneYear2022-04-0112511042core:WithinOneYear2022-04-0112511042core:ListedExchangeTraded2022-04-0112511042core:UnlistedNon-exchangeTraded2022-04-0112511042core:ShareCapital2022-04-0112511042core:SharePremium2022-04-0112511042core:RevaluationReserve2022-04-0112511042core:OtherReservesSubtotal2022-04-0112511042core:RetainedEarningsAccumulatedLosses2022-04-0112511042core:AfterOneYear2023-04-012024-03-3112511042core:WithinOneYear2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3112511042core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3112511042core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3112511042core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3112511042core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3112511042core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3112511042bus:Director12023-04-012024-03-31

WE FERMENT LTD

Registered Number
12511042
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

WE FERMENT LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

BLOGU, Alexandru Oreste

Registered Address

31 Oakdene Park
London
N3 1EU

Registered Number

12511042 (England and Wales)
WE FERMENT LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3-58
-58
Current assets
Debtors4251,907
Cash at bank and on hand500982
5252,889
Creditors amounts falling due within one year5(11)(9,605)
Net current assets (liabilities)514(6,716)
Total assets less current liabilities514(6,658)
Creditors amounts falling due after one year(56,763)(46,806)
Net assets(56,249)(53,464)
Capital and reserves
Called up share capital105105
Share premium24,99524,995
Profit and loss account(81,349)(78,564)
Shareholders' funds(56,249)(53,464)
The financial statements were approved and authorised for issue by the Director on 8 November 2024, and are signed on its behalf by:
BLOGU, Alexandru Oreste
Director
Registered Company No. 12511042
WE FERMENT LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery3
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 231,045
At 31 March 241,045
Depreciation and impairment
At 01 April 23987
Charge for year58
At 31 March 241,045
Net book value
At 31 March 24-
At 31 March 2358
4.Debtors: amounts due within one year

2024

2023

££
Other debtors251,907
Total251,907
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables119,605
Total119,605