Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30falsefalse2023-05-01No description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08306520 2023-05-01 2024-04-30 08306520 2022-05-01 2023-04-30 08306520 2024-04-30 08306520 2023-04-30 08306520 c:Director1 2023-05-01 2024-04-30 08306520 d:FurnitureFittings 2023-05-01 2024-04-30 08306520 d:FurnitureFittings 2024-04-30 08306520 d:FurnitureFittings 2023-04-30 08306520 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08306520 d:CurrentFinancialInstruments 2024-04-30 08306520 d:CurrentFinancialInstruments 2023-04-30 08306520 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08306520 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08306520 d:ShareCapital 2024-04-30 08306520 d:ShareCapital 2023-04-30 08306520 d:RetainedEarningsAccumulatedLosses 2024-04-30 08306520 d:RetainedEarningsAccumulatedLosses 2023-04-30 08306520 c:FRS102 2023-05-01 2024-04-30 08306520 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08306520 c:FullAccounts 2023-05-01 2024-04-30 08306520 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08306520 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 08306520














WILD ABOUT INGREDIENTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
WILD ABOUT INGREDIENTS LIMITED
REGISTERED NUMBER: 08306520

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note

Fixed assets
  

Tangible assets
 4 
7,427
709

  
7,427
709

Current assets
  

Debtors: amounts falling due within one year
 5 
179,577
232,885

Cash at bank and in hand
 6 
107,258
28,100

  
286,835
260,985

Creditors: amounts falling due within one year
 7 
(90,173)
(120,718)

Net current assets
  
 
 
196,662
 
 
140,267

Total assets less current liabilities
  
204,089
140,976

  

Net assets
  
£204,089
£140,976


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
204,087
140,974

  
£204,089
£140,976


Page 1

 
WILD ABOUT INGREDIENTS LIMITED
REGISTERED NUMBER: 08306520

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 statement of income and retained earnings 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 on 29 November 2024.




N C Roscoe
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
WILD ABOUT INGREDIENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Wild About Ingredients Limited is a private company, limited by shares, registered in England and Wales. The company number is 08306520. The registered office address is Henwood House, Henwood, Ashford, Kent TN24 8DH.

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 following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
WILD ABOUT INGREDIENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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 income 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.

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%

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.

Page 4

 
WILD ABOUT INGREDIENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

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

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees



The average monthly number of employees, including directors, during the year was 1 (2023 -1).

Page 5

 
WILD ABOUT INGREDIENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Fixtures and fittings



Cost or valuation


At 1 May 2023
1,855


Additions
7,356



At 30 April 2024

9,211



Depreciation


At 1 May 2023
1,146


Charge for the year on owned assets
638



At 30 April 2024

1,784



Net book value



At 30 April 2024
£7,427



At 30 April 2023
£709


5.


Debtors

2024
2023


Other debtors
£179,577
£232,885



6.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£107,258
£28,100



7.


Creditors: Amounts falling due within one year

2024
2023

Amounts owed to other participating interests
70,000
70,000

Corporation tax
18,853
11,073

Other taxation and social security
-
38,395

Accruals and deferred income
1,320
1,250

£90,173
£120,718


Page 6

 
WILD ABOUT INGREDIENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Transactions with directors

At the year end, the director owed the company £123,802 (2023: £167,083). £167,083 (2023: £202,095) was the maximum outstanding during the year.


9.


Related party transactions

At the year end, the company owed £70,000 (2023: £70,000) to Food Team International Limited. This is shown in Creditors due within one year.


Page 7