Company registration number 10157072 (England and Wales)
FREETIME BEER CO. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
FREETIME BEER CO. LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
905
3,809
Current assets
1,596
1,319
Creditors: amounts falling due within one year
(200,080)
(195,587)
Net current liabilities
(198,484)
(194,268)
Total assets less current liabilities
(197,579)
(190,459)
Creditors: amounts falling due after more than one year
(5,026)
(7,454)
Net liabilities
(202,605)
(197,913)
Capital and reserves
(202,605)
(197,913)
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company's shareholders continue to demonstrate their commitment and support and the directors have obtained confirmation from shareholders that it is their intention to continue to support the business to enable the company to meet its financial commitments for a period of at least 12 months from the date of approval of these financial statements. Thus the directors continues to adopt the going concern basis of accounting in preparing the financial statements.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Freetime Beer Co. Limited is a private company limited by shares incorporated in England and Wales. The registered office is 24 Cambridge Road, Langland, Swansea, SA3 4PQ.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
FREETIME BEER CO. LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 31 January 2025 and are signed on its behalf by:
Mr R Axon
Director
Company registration number 10157072 (England and Wales)