Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activity4429truefalse 10713628 2023-07-01 2024-06-30 10713628 2022-07-01 2023-06-30 10713628 2024-06-30 10713628 2023-06-30 10713628 c:Director1 2023-07-01 2024-06-30 10713628 d:Buildings d:LongLeaseholdAssets 2023-07-01 2024-06-30 10713628 d:Buildings d:LongLeaseholdAssets 2024-06-30 10713628 d:Buildings d:LongLeaseholdAssets 2023-06-30 10713628 d:PlantMachinery 2023-07-01 2024-06-30 10713628 d:PlantMachinery 2024-06-30 10713628 d:PlantMachinery 2023-06-30 10713628 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10713628 d:FurnitureFittings 2023-07-01 2024-06-30 10713628 d:FurnitureFittings 2024-06-30 10713628 d:FurnitureFittings 2023-06-30 10713628 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10713628 d:OfficeEquipment 2023-07-01 2024-06-30 10713628 d:OfficeEquipment 2024-06-30 10713628 d:OfficeEquipment 2023-06-30 10713628 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10713628 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10713628 d:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 10713628 d:PatentsTrademarksLicencesConcessionsSimilar 2023-06-30 10713628 d:CurrentFinancialInstruments 2024-06-30 10713628 d:CurrentFinancialInstruments 2023-06-30 10713628 d:Non-currentFinancialInstruments 2024-06-30 10713628 d:Non-currentFinancialInstruments 2023-06-30 10713628 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10713628 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10713628 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 10713628 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 10713628 d:ShareCapital 2024-06-30 10713628 d:ShareCapital 2023-06-30 10713628 d:RetainedEarningsAccumulatedLosses 2024-06-30 10713628 d:RetainedEarningsAccumulatedLosses 2023-06-30 10713628 c:FRS102 2023-07-01 2024-06-30 10713628 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10713628 c:FullAccounts 2023-07-01 2024-06-30 10713628 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10713628 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 10713628 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 10713628 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 10713628 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 10713628 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 10713628









EATBRIT ENTERPRISES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
EATBRIT ENTERPRISES LIMITED
REGISTERED NUMBER: 10713628

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
177,189
51,095

  
177,189
51,095

Current assets
  

Stocks
  
14,965
25,192

Debtors: amounts falling due within one year
 6 
266,471
194,985

Cash at bank and in hand
 7 
582,253
414,393

  
863,689
634,570

Creditors: amounts falling due within one year
 8 
(808,065)
(853,831)

Net current assets/(liabilities)
  
 
 
55,624
 
 
(219,261)

Total assets less current liabilities
  
232,813
(168,166)

Creditors: amounts falling due after more than one year
 9 
(99,742)
-

  

Net assets/(liabilities)
  
133,071
(168,166)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
132,971
(168,266)

  
133,071
(168,166)


Page 1

 
EATBRIT ENTERPRISES LIMITED
REGISTERED NUMBER: 10713628
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
G Hammer
Director

Date: 4 June 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Eatbrit Enterprises Limited is a private company limited by shares. The company is incorporated in England and Wales and its registered office address is 2 Omega Place, London, N1 9DR. The registered number is 10713628. 
The financial statements are presented in Sterling (£), rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis nothwithstanding that there is a deficiency of assets over liabilities as at 30 June 2024. The company retains the support of its directors to meet its working capital requirements and obligations. On this basis the directors consider it appropriate  to prepare the financial statement on a going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the United Kingdom where the Company operates and generates income.

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over the period of lease
Plant and machinery
-
Depreciated over 5 years
Fixtures and fittings
-
Depreciated over 5 years
Office equipment
-
Depreciated over 5 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 44 (2023 - 29).

Page 6

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Intangible assets



Trademarks

£



Cost


At 1 July 2023
301



At 30 June 2024

301



Amortisation


At 1 July 2023
301



At 30 June 2024

301



Net book value



At 30 June 2024
-



Page 7

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 July 2023
15,849
40,031
60,959
10,152
126,991


Additions
18,943
179,153
10,207
-
208,303



At 30 June 2024

34,792
219,184
71,166
10,152
335,294



Depreciation


At 1 July 2023
8,219
25,904
34,286
7,487
75,896


Charge for the year on owned assets
1,526
64,764
14,320
1,599
82,209



At 30 June 2024

9,745
90,668
48,606
9,086
158,105



Net book value



At 30 June 2024
25,047
128,516
22,560
1,066
177,189



At 30 June 2023
7,630
14,127
26,673
2,665
51,095


6.


Debtors

2024
2023
£
£


Trade debtors
69,287
25,776

Amounts owed by group undertakings
122,766
61,832

Other debtors
-
25,863

Prepayments and accrued income
74,418
81,514

266,471
194,985


Page 8

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
582,253
414,393

582,253
414,393



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
-
18,723

Trade creditors
286,415
353,978

Corporation tax
93,323
22,920

Other taxation and social security
202,427
222,259

Other creditors
168,281
142,363

Accruals and deferred income
57,619
93,588

808,065
853,831



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
99,742
-

99,742
-



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
35,128
-

Between 1-5 years
99,741
-

134,869
-

Page 9

 
EATBRIT ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

11.


Related party transactions

Included in debtors falling due within one year is £102,765 (2023: £61,832) owed from The White House (London) Ltd, a company with common director.
Included in creditors falling due within one year is £nil (2023: £136,337) owed to Hammer Holdings Limited, a company with common director.
 


12.


Controlling party

The company is controlled by G Hammer by virtue of his majority shareholding. 

 
Page 10