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REGISTERED NUMBER: 12492108 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BRODWOLF LTD

BRODWOLF LTD (REGISTERED NUMBER: 12492108)

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


BRODWOLF LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: F Lauro





REGISTERED OFFICE: 106A Western Road
Hove
East Sussex
BN3 1FA





REGISTERED NUMBER: 12492108 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

BRODWOLF LTD (REGISTERED NUMBER: 12492108)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,402 40,147

CURRENT ASSETS
Stocks 1,786 1,701
Debtors 5 101,325 199,444
Cash at bank and in hand 11,136 749
114,247 201,894
CREDITORS
Amounts falling due within one year 6 177,295 112,323
NET CURRENT (LIABILITIES)/ASSETS (63,048 ) 89,571
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,646

)

129,718

PROVISIONS FOR LIABILITIES 7 - 7,628
NET (LIABILITIES)/ASSETS (9,646 ) 122,090

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (9,746 ) 121,990
SHAREHOLDERS' FUNDS (9,646 ) 122,090

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 25 March 2025 and were signed by:





F Lauro - Director


BRODWOLF LTD (REGISTERED NUMBER: 12492108)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Brodwolf 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 accounts have been prepared on a going concern basis as the directors believe that the company will have the resources to meet its obligations over the coming twelve months. The director has indicated his willingness to continue to support the company.

Turnover
Revenue is measured at fair value of the consideration received or receivable. Revenue is reduced for customer refunds.

Revenue from food and drink outlets is recognised at the point of sale.

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 - 25% on reducing balance
Computer equipment - 33% 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.

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.

BRODWOLF LTD (REGISTERED NUMBER: 12492108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 59,138 - 1,119 60,257
Additions 25,024 3,191 399 28,614
At 31 March 2024 84,162 3,191 1,518 88,871
DEPRECIATION
At 1 April 2023 19,431 - 679 20,110
Charge for year 14,413 499 447 15,359
At 31 March 2024 33,844 499 1,126 35,469
NET BOOK VALUE
At 31 March 2024 50,318 2,692 392 53,402
At 31 March 2023 39,707 - 440 40,147

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 53,600
Amounts owed by connected companies 81,293 136,621
Other debtors 20,032 9,223
101,325 199,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,294 2,450
Amounts owed to connected companies 42,318 42,318
Taxation and social security 77,657 59,755
Other creditors 54,026 7,800
177,295 112,323

BRODWOLF LTD (REGISTERED NUMBER: 12492108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 7,628

Deferred
tax
£   
Balance at 1 April 2023 7,628
Credit to Income Statement during year (7,628 )
Balance at 31 March 2024 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100