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REGISTERED NUMBER: SC596096 (Scotland)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

OVENBIRD BREWING LTD

OVENBIRD BREWING LTD (REGISTERED NUMBER: SC596096)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

OVENBIRD BREWING LTD

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTOR: D Angeletti





SECRETARY:





REGISTERED OFFICE: F1 30 Glenwood Place
Glenwood Business Park
Glasgow
Strathclyde
G45 9UH





REGISTERED NUMBER: SC596096 (Scotland)





ACCOUNTANTS: G. Ingram and Company Limited
Ardoch House
Lesmahagow
South Lanarkshire
ML11 0HJ

OVENBIRD BREWING LTD (REGISTERED NUMBER: SC596096)

BALANCE SHEET
31 May 2024

31.5.24 31.5.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 10,430 7,638

CURRENT ASSETS
Stocks 500 2,250
Debtors 5 14,256 7,113
Cash at bank and in hand 6,794 1,258
21,550 10,621
CREDITORS
Amounts falling due within one year 6 14,434 10,109
NET CURRENT ASSETS 7,116 512
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,546

8,150

CREDITORS
Amounts falling due after more than one
year

7

7,200

10,800
NET ASSETS/(LIABILITIES) 10,346 (2,650 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,246 (2,750 )
SHAREHOLDERS' FUNDS 10,346 (2,650 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

OVENBIRD BREWING LTD (REGISTERED NUMBER: SC596096)

BALANCE SHEET - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2025 and were signed by:





D Angeletti - Director


OVENBIRD BREWING LTD (REGISTERED NUMBER: SC596096)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Ovenbird Brewing Ltd is a private company, limited by shares , registered in Scotland. 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
Fixtures and fittings - 20% 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 1 (2023 - 1 ) .

OVENBIRD BREWING LTD (REGISTERED NUMBER: SC596096)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 June 2023 14,921 397 15,318
Additions 5,400 - 5,400
At 31 May 2024 20,321 397 20,718
DEPRECIATION
At 1 June 2023 7,486 194 7,680
Charge for year 2,567 41 2,608
At 31 May 2024 10,053 235 10,288
NET BOOK VALUE
At 31 May 2024 10,268 162 10,430
At 31 May 2023 7,435 203 7,638

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 14,256 7,113

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other creditors 14,434 10,109

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Other creditors 7,200 10,800

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is a loan from the director of £12,269 ( 2023 : £9,669) which is interest free and repayable on demand.

9. BOND AND FLOATING CHARGE

A charge was taken by DSL Business Finance Limited which covers all property or undertakings of the company.

OVENBIRD BREWING LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
OVENBIRD BREWING LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






G. Ingram and Company Limited
Ardoch House
Lesmahagow
South Lanarkshire
ML11 0HJ


Date: .............................................