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Company Registration No. 11189347 (England and Wales)
WICKED WINGS LTD Unaudited accounts for the year ended 29 February 2024
WICKED WINGS LTD Unaudited accounts Contents
Page
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WICKED WINGS LTD Company Information for the year ended 29 February 2024
Director
Mr Azeem Asif
Company Number
11189347 (England and Wales)
Registered Office
1 Chalky Bank Gravesend Kent DA11 7NZ United Kingdom
Accountants
MCC Partners 1a Saddington Street Gravesend Kent DA12 1ED
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WICKED WINGS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
800 
1,000 
Tangible assets
32,324 
40,243 
33,124 
41,243 
Current assets
Inventories
1,359 
1,359 
Debtors
7,598 
- 
Cash at bank and in hand
5,877 
240 
14,834 
1,599 
Creditors: amounts falling due within one year
(43,060)
(60,686)
Net current liabilities
(28,226)
(59,087)
Total assets less current liabilities
4,898 
(17,844)
Creditors: amounts falling due after more than one year
(27,681)
- 
Net liabilities
(22,783)
(17,844)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(22,784)
(17,845)
Shareholders' funds
(22,783)
(17,844)
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 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 18 July 2024 and were signed on its behalf by
Mr Azeem Asif Director Company Registration No. 11189347
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WICKED WINGS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
WICKED WINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 11189347. The registered office is 1 Chalky Bank, Gravesend, Kent, DA11 7NZ, 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 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.
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.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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.
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WICKED WINGS LTD Notes to the Accounts for the year ended 29 February 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2023
1,000 
At 29 February 2024
1,000 
Amortisation
At 1 March 2023
- 
Charge for the year
200 
At 29 February 2024
200 
Net book value
At 29 February 2024
800 
At 28 February 2023
1,000 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
22,935 
69,355 
92,290 
Additions
- 
162 
162 
At 29 February 2024
22,935 
69,517 
92,452 
Depreciation
At 1 March 2023
22,935 
29,112 
52,047 
Charge for the year
- 
8,081 
8,081 
At 29 February 2024
22,935 
37,193 
60,128 
Net book value
At 29 February 2024
- 
32,324 
32,324 
At 28 February 2023
- 
40,243 
40,243 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,848 
- 
Other debtors
3,750 
- 
7,598 
- 
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WICKED WINGS 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
6,000 
39,681 
VAT
- 
8,685 
Trade creditors
2 
- 
Taxes and social security
874 
438 
Other creditors
8,925 
4,873 
Loans from directors
27,259 
10,759 
Accruals
- 
(3,750)
43,060 
60,686 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,681 
- 
9
Average number of employees
During the year the average number of employees was 10 (2023: 7).
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