Registration number: 10974881

Good Time Charlies Wrexham Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 5

Good Time Charlies Wrexham Limited

(Registration number: 10974881)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	151
Current assets
Stocks		2,600	2,521
Debtors	5	55,056	43,479
Cash at bank and in hand		2,107	15,530
		59,763	61,530
Creditors: Amounts falling due within one year	6	(32,770)	(29,929)
Net current assets		26,993	31,601
Total assets less current liabilities		26,993	31,752
Creditors: Amounts falling due after more than one year	6	(20,210)	(25,059)
Net assets		6,783	6,693
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		5,783	5,693
Shareholders' funds		6,783	6,693

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Good Time Charlies Wrexham Limited

(Registration number: 10974881)
Balance Sheet as at 31 March 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 December 2025
 

......................................... Ms C J Roberts Director

Good Time Charlies Wrexham Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Good Time Charlies Wrexham Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	straight line over 4 years

Stocks

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

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2024 - 9).

4	Tangible assets

	Fixtures, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	131,358	131,358
At 31 March 2025	131,358	131,358
Depreciation
At 1 April 2024	131,207	131,207
Charge for the year	151	151
At 31 March 2025	131,358	131,358
Carrying amount
At 31 March 2025	-	-
At 31 March 2024	151	151

Good Time Charlies Wrexham Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties		38,661	28,026
Other debtors		16,395	15,453
		55,056	43,479

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans		4,850	4,849
Trade creditors		3,447	3,030
Taxation and social security		2,368	3,304
Other creditors		22,105	18,746
		32,770	29,929

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Bank loans		20,210	25,059