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Company Registration No. 11837626 (England and Wales)
Fizzbar Birmingham Ltd Unaudited accounts for the year ended 29 February 2024
Fizzbar Birmingham Ltd Unaudited accounts Contents
Page
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Fizzbar Birmingham Ltd Company Information for the year ended 29 February 2024
Directors
George Workman Daniel Spinath
Company Number
11837626 (England and Wales)
Registered Office
30 Rugby Road Twickenham London TW1 1DG England
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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Fizzbar Birmingham Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,458 
1,694 
Current assets
Inventories
4,077 
3,178 
Debtors
96,287 
297,150 
Cash at bank and in hand
6,046 
19,384 
106,410 
319,712 
Creditors: amounts falling due within one year
(117,789)
(322,247)
Net current liabilities
(11,379)
(2,535)
Total assets less current liabilities
(4,921)
(841)
Creditors: amounts falling due after more than one year
(20,019)
(28,891)
Net liabilities
(24,940)
(29,732)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(25,040)
(29,832)
Shareholders' funds
(24,940)
(29,732)
For the year 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 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 21 November 2024 and were signed on its behalf by
George Workman Director Company Registration No. 11837626
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Fizzbar Birmingham Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Fizzbar Birmingham Ltd is a private company, limited by shares, registered in England and Wales, registration number 11837626. The registered office is 30 Rugby Road, Twickenham, London, TW1 1DG, England.
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 year, 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:
Plant & machinery
25% Straight line
Fixtures & fittings
25% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is charged on a 25% straight line basis.
Stock
Stock has 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
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Fizzbar Birmingham Ltd Notes to the Accounts for the year ended 29 February 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2023
5,304 
At 29 February 2024
5,304 
Amortisation
At 1 March 2023
5,304 
At 29 February 2024
5,304 
Net book value
At 29 February 2024
- 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
42,230 
96,144 
138,374 
Additions
1,828 
4,000 
5,828 
At 29 February 2024
44,058 
100,144 
144,202 
Depreciation
At 1 March 2023
40,866 
95,814 
136,680 
Charge for the year
937 
127 
1,064 
At 29 February 2024
41,803 
95,941 
137,744 
Net book value
At 29 February 2024
2,255 
4,203 
6,458 
At 28 February 2023
1,364 
330 
1,694 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
20,422 
Trade debtors
1,061 
2,153 
Amounts due from group undertakings etc.
78,901 
77,969 
Accrued income and prepayments
200 
7,352 
Other debtors
16,125 
189,254 
96,287 
297,150 
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Fizzbar Birmingham Ltd Notes to the Accounts for the year ended 29 February 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,988 
11,110 
VAT
16,339 
- 
Trade creditors
75,550 
194,779 
Taxes and social security
15,352 
9,227 
Other creditors
560 
2,000 
Accruals
- 
105,131 
117,789 
322,247 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,019 
28,891 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Controlling party
The immediate controlling party is Tap Inc Limited. The ultimate controlling parties are Mr G Workman and Mr D Spinath.
11
Average number of employees
During the year the average number of employees was 8 (2023: 10).
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