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REGISTERED NUMBER: 10749908 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Missing Link Brewing Ltd

Missing Link Brewing Ltd (Registered number: 10749908)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Missing Link Brewing Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J Cook





REGISTERED OFFICE: Suite 6
141/143 South Road
Haywards Heath
West Sussex
RH16 4LY





REGISTERED NUMBER: 10749908 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

Missing Link Brewing Ltd (Registered number: 10749908)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,035 56,523

CURRENT ASSETS
Stocks 28,448 53,452
Debtors 5 22,396 12,898
Cash at bank 9,937 4,490
60,781 70,840
CREDITORS
Amounts falling due within one year 6 90,628 100,481
NET CURRENT LIABILITIES (29,847 ) (29,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,188

26,882

PROVISIONS FOR LIABILITIES 7,902 5,652
NET ASSETS 32,286 21,230

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,186 21,130
SHAREHOLDERS' FUNDS 32,286 21,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2025 and were signed by:



J Cook - Director


Missing Link Brewing Ltd (Registered number: 10749908)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Missing Link Brewing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

Missing Link Brewing Ltd (Registered number: 10749908)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023 82,223
Additions 19,725
At 31 March 2024 101,948
DEPRECIATION
At 1 April 2023 25,700
Charge for year 6,213
At 31 March 2024 31,913
NET BOOK VALUE
At 31 March 2024 70,035
At 31 March 2023 56,523

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 22,396 12,898

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 74,464 84,223
VAT 13,498 3,940
Other creditors 1,493 -
Directors' current accounts 173 11,318
Accrued expenses 1,000 1,000
90,628 100,481