Curious Cat Distillery Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12482665 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2023

for

Curious Cat Distillery Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Moodie

Ms M C Rowbotham

D O M'Benga

REGISTERED OFFICE:

53 King Steet

Manchester

M2 4LQ

REGISTERED NUMBER:

12482665 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

6 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Intangible assets

4

3,097

3,472

Tangible assets

5

2,134

2,777

5,231

6,249

CURRENT ASSETS

Stocks

8,000

10,000

Debtors

6

8,561

9,275

Cash at bank

301

246

16,862

19,521

CREDITORS

Amounts falling due within one year

7

47,033

124,546

NET CURRENT LIABILITIES

(30,171

)

(105,025

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,940

)

(98,776

)

CREDITORS

Amounts falling due after more than one year

8

78,367

-

NET LIABILITIES

(103,307

)

(98,776

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(103,407

)

(98,876

)

SHAREHOLDERS' FUNDS

(103,307

)

(98,776

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:

A Moodie - Director

1.	STATUTORY INFORMATION

Curious Cat Distillery 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.

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 financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Going concern

The balance sheet is insolvent. The company is reliant upon the continued support of its directors and they have indicated that this support will be forthcoming. As a result of this, the accounts have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2022

and 28 February 2023

3,754

AMORTISATION

At 1 March 2022

282

Charge for year

375

At 28 February 2023

657

NET BOOK VALUE

At 28 February 2023

3,097

At 28 February 2022

3,472

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2022

and 28 February 2023

3,063

DEPRECIATION

At 1 March 2022

286

Charge for year

643

At 28 February 2023

929

NET BOOK VALUE

At 28 February 2023

2,134

At 28 February 2022

2,777

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade debtors

173

1,273

Other debtors

8,388

8,002

8,561

9,275

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade creditors

12,841

74,696

Other creditors

34,192

49,850

47,033

124,546

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.23

28.2.22

£

£

Other creditors

78,367

-

9.	RELATED PARTY DISCLOSURES

Interest free, unsecured loans were made to the company during the period from i-Brochure

Limited a company of which Alexander Moodie and Martina Rowbotham are directors and

registered in England & Wales with company number 08028507. The balance due to i-Brochure

Limited at the period end was £2,484 (2022: £6,739). Loans are repayable on demand.

Interest free, unsecured loans were made to the company during the period from i-Creative

Design & Media Limited a company of which Alexander Moodie and Martina Rowbotham are

directors and registered in England & Wales with company number 09643187. The balance due

to i-Creative Design & Media Limited at the period end was £55,602 (2022: £17,798). Loans are

repayable on demand.

Interest free, unsecured loans were made to the company during the period from Eagle

Motorhomes Ltd a company of which Alexander Moodie is a director and registered in England &

Wales with company number 12165468. The balance due to Eagle Motorhomes Ltd at the period

end was £22,765 (2022: £23,290). Loans are repayable on demand.

Interest free, unsecured loans were made to the company during the period from The Hooting Owl Distillery Ltd a company of which Dominic Oseman M'Benga is a director and registered in England &

Wales with company number 11292451. The balance due to The Hooting Owl Distillery Ltd at the period

end was £20,000 (2022: £NIL). Loans are repayable on demand.