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Company Registration No. 11874795 (England and Wales)
Warrior Brands Ltd Unaudited accounts for the year ended 31 August 2024
Warrior Brands Ltd Unaudited accounts Contents
Page
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Warrior Brands Ltd Company Information for the year ended 31 August 2024
Director
Mr Philip Peter Reynolds
Company Number
11874795 (England and Wales)
Registered Office
C/O Pearl Accounting Limited Suite 1 116 Ballards Lane Finchley N3 2DN United Kingdom
Accountants
Pearl Accounting Limited Suite 1 116 Ballards Lane Finchley London N3 2DN
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Warrior Brands Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
27,533 
39,333 
Tangible assets
28,358 
34,268 
55,891 
73,601 
Current assets
Debtors
136,054 
370,090 
Cash at bank and in hand
44,641 
20,140 
180,695 
390,230 
Creditors: amounts falling due within one year
(315,932)
(504,481)
Net current liabilities
(135,237)
(114,251)
Total assets less current liabilities
(79,346)
(40,650)
Creditors: amounts falling due after more than one year
(25,311)
(39,006)
Net liabilities
(104,657)
(79,656)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(104,658)
(79,657)
Shareholders' funds
(104,657)
(79,656)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2025 and were signed on its behalf by
Mr Philip Peter Reynolds Director Company Registration No. 11874795
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Warrior Brands Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Warrior Brands Ltd is a private company, limited by shares, registered in England and Wales, registration number 11874795. The registered office is C/O Pearl Accounting Limited Suite 1, 116 Ballards Lane, Finchley, N3 2DN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The company meets its day to day working capital requirements through its cash reserves. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Franchise cost - 20% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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Warrior Brands Ltd Notes to the Accounts for the year ended 31 August 2024
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
59,000 
At 31 August 2024
59,000 
Amortisation
At 1 September 2023
19,667 
Charge for the year
11,800 
At 31 August 2024
31,467 
Net book value
At 31 August 2024
27,533 
At 31 August 2023
39,333 
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Warrior Brands Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
2,237 
43,168 
4,214 
49,619 
Additions
- 
16,620 
1,243 
17,863 
At 31 August 2024
2,237 
59,788 
5,457 
67,482 
Depreciation
At 1 September 2023
912 
13,210 
1,229 
15,351 
Charge for the year
331 
21,907 
1,535 
23,773 
At 31 August 2024
1,243 
35,117 
2,764 
39,124 
Net book value
At 31 August 2024
994 
24,671 
2,693 
28,358 
At 31 August 2023
1,325 
29,958 
2,985 
34,268 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
120,434 
251,818 
Amounts due from group undertakings etc.
1,156 
1,156 
Deferred tax asset
14,464 
14,464 
Accrued income and prepayments
- 
1,654 
Other debtors
- 
100,998 
136,054 
370,090 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
- 
47,762 
Obligations under finance leases and hire purchase contracts
9,118 
7,859 
Trade creditors
167,753 
227,878 
Amounts owed to group undertakings and other participating interests
- 
287 
Taxes and social security
63,739 
47,535 
Other creditors
25,835 
63,639 
Loans from directors
29,487 
83,052 
Accruals
10,000 
16,469 
315,932 
504,481 
Included in creditors falling due within one year are hire purchase agreements amounting to £nil (2022: £7,859) which are secured on the assets of the
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Warrior Brands Ltd Notes to the Accounts for the year ended 31 August 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,172 
22,687 
Obligations under finance leases and hire purchase contracts
11,139 
16,319 
25,311 
39,006 
Included in creditors falling due after more than one year are hire purchase agreements amounting to £nil (2022: £30,125) which are secured on the assets of the company.
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 11 (2023: 5).
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