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REGISTERED NUMBER: 13279108 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Wake The Tiger Ltd

Wake The Tiger Ltd (Registered number: 13279108)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wake The Tiger Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr G J D Macvoy
Mr L M Mitchell
Mr C Rutherford
Mrs L Jarjoura





REGISTERED OFFICE: 127 Albert Road
Bristol
United Kingdom
BS2 0YA





REGISTERED NUMBER: 13279108 (England and Wales)





ACCOUNTANTS: Bell Barr & Company
Chartered Accountants
2 Stewart Street
Milngavie
Glasgow
G62 6BW

Wake The Tiger Ltd (Registered number: 13279108)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 24,847 -
Tangible assets 5 4,173,026 4,113,079
4,197,873 4,113,079

CURRENT ASSETS
Stocks 33,474 45,924
Debtors 6 28,949 29,730
Cash at bank and in hand 380,958 471,079
443,381 546,733
CREDITORS
Amounts falling due within one year 7 1,490,316 1,521,447
NET CURRENT LIABILITIES (1,046,935 ) (974,714 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,150,938

3,138,365

CREDITORS
Amounts falling due after more than one
year

8

484,277

666,157
NET ASSETS 2,666,661 2,472,208

CAPITAL AND RESERVES
Called up share capital 337,990 323,703
Share premium 3,142,141 2,756,427
Capital redemption reserve 74 74
Retained earnings (813,544 ) (607,996 )
2,666,661 2,472,208

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

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

The directors acknowledge their 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.

Wake The Tiger Ltd (Registered number: 13279108)

Balance Sheet - continued
31 December 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





Mr G J D Macvoy - Director


Wake The Tiger Ltd (Registered number: 13279108)

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

1. STATUTORY INFORMATION

Wake The Tiger 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.

The directors have reviewed the company's operating costs for the next twelve months, and the sources of funds available, and are satisfied that the company has sufficient resources to continue for the foreseeable future. The going concern basis is therefore adopted.

Significant judgements and estimates
The preparation of financial statements in compliance with FRS 102 may require the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. The directors are of the opinion that due to the nature of the business, there are no critical accounting estimates or judgements used in the preparation of these financial statements.

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

Development costs
Development costs that meet the recognition criteria of FRS 102 s1A are capitalised at cost and amortised over the useful economic life of the asset to which they relate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Production & Creative - 20% on cost and 10% on cost
Bar, café & office equipment - 20% on cost and 10% on cost
Computer equipment - 20% on cost

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

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Wake The Tiger Ltd (Registered number: 13279108)

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

2. ACCOUNTING POLICIES - continued
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.

Research and development
Expenditure on research is written off in the year in which it is incurred. Development expenditure is written off in the same way unless certain strict criteria are met for capitalisation. Before expenditure on the development of an asset can be capitalised the directors must be satisfied that the asset is separately identifiable, technically, commercially and financially feasible and that the asset will generate probable future economic benefits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash at bank
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the account.

Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability on the balance sheet and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 54 (2023 - 53 ) .

Wake The Tiger Ltd (Registered number: 13279108)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 26,033
At 31 December 2024 26,033
AMORTISATION
Charge for year 1,186
At 31 December 2024 1,186
NET BOOK VALUE
At 31 December 2024 24,847

5. TANGIBLE FIXED ASSETS
Bar, café
Short Production & office Computer
leasehold & Creative equipment equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 1,134,987 3,329,174 125,628 49,186 4,638,975
Additions 3,993 574,337 29,000 11,277 618,607
Disposals - (7,500 ) (3,995 ) - (11,495 )
At 31 December 2024 1,138,980 3,896,011 150,633 60,463 5,246,087
DEPRECIATION
At 1 January 2024 129,788 360,050 24,964 11,094 525,896
Charge for year 113,898 404,746 18,777 12,092 549,513
Eliminated on disposal - (750 ) (1,598 ) - (2,348 )
At 31 December 2024 243,686 764,046 42,143 23,186 1,073,061
NET BOOK VALUE
At 31 December 2024 895,294 3,131,965 108,490 37,277 4,173,026
At 31 December 2023 1,005,199 2,969,124 100,664 38,092 4,113,079

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 9,544 8,170
Other debtors 19,405 21,560
28,949 29,730

Wake The Tiger Ltd (Registered number: 13279108)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts - 14,214
Hire purchase contracts - 4,390
Trade creditors 185,589 324,498
Taxation and social security 125,794 24,739
Other creditors 1,178,933 1,153,606
1,490,316 1,521,447

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other creditors 484,277 666,157

9. SHARE-BASED PAYMENT TRANSACTIONS

During a previous year the company introduced a share option scheme under the Enterprise Management Incentive (EMI) scheme. No consideration was received and options are exercisable upon certain performance related conditions or upon an exit event.

ExerciseNumber of Options
Grant DatePrice31.12.23GrantedExercisedLapsed31.12.24

22.08.2022£0.073,570,000- - - 3,570,000

No charge in respect of share options has been recognised in the financial statements as, in the opinion of the directors, the amounts involved are not material until the vesting conditions are met.