2023-02-012023-07-312023-07-31false11844243LAVA SPIRITS LTD2023-09-1911010iso4217:GBPxbrli:pure118442432023-02-01118442432023-07-31118442432023-02-012023-07-31118442432022-02-01118442432023-01-31118442432022-02-012023-01-3111844243bus:SmallEntities2023-02-012023-07-3111844243bus:AuditExempt-NoAccountantsReport2023-02-012023-07-3111844243bus:FullAccounts2023-02-012023-07-3111844243bus:PrivateLimitedCompanyLtd2023-02-012023-07-3111844243core:WithinOneYear2023-07-3111844243core:AfterOneYear2023-07-3111844243core:WithinOneYear2023-01-3111844243core:AfterOneYear2023-01-3111844243core:ShareCapital2023-07-3111844243core:SharePremium2023-07-3111844243core:RevaluationReserve2023-07-3111844243core:OtherReservesSubtotal2023-07-3111844243core:RetainedEarningsAccumulatedLosses2023-07-3111844243core:ShareCapital2023-01-3111844243core:SharePremium2023-01-3111844243core:RevaluationReserve2023-01-3111844243core:OtherReservesSubtotal2023-01-3111844243core:RetainedEarningsAccumulatedLosses2023-01-3111844243core:LandBuildings2023-07-3111844243core:PlantMachinery2023-07-3111844243core:Vehicles2023-07-3111844243core:FurnitureFittings2023-07-3111844243core:OfficeEquipment2023-07-3111844243core:NetGoodwill2023-07-3111844243core:IntangibleAssetsOtherThanGoodwill2023-07-3111844243core:ListedExchangeTraded2023-07-3111844243core:UnlistedNon-exchangeTraded2023-07-3111844243core:LandBuildings2023-01-3111844243core:PlantMachinery2023-01-3111844243core:Vehicles2023-01-3111844243core:FurnitureFittings2023-01-3111844243core:OfficeEquipment2023-01-3111844243core:NetGoodwill2023-01-3111844243core:IntangibleAssetsOtherThanGoodwill2023-01-3111844243core:ListedExchangeTraded2023-01-3111844243core:UnlistedNon-exchangeTraded2023-01-3111844243core:LandBuildings2023-02-012023-07-3111844243core:PlantMachinery2023-02-012023-07-3111844243core:Vehicles2023-02-012023-07-3111844243core:FurnitureFittings2023-02-012023-07-3111844243core:OfficeEquipment2023-02-012023-07-3111844243core:NetGoodwill2023-02-012023-07-3111844243core:IntangibleAssetsOtherThanGoodwill2023-02-012023-07-3111844243core:ListedExchangeTraded2023-02-012023-07-3111844243core:UnlistedNon-exchangeTraded2023-02-012023-07-3111844243core:MoreThanFiveYears2023-02-012023-07-3111844243core:Non-currentFinancialInstruments2023-07-3111844243core:Non-currentFinancialInstruments2023-01-3111844243dpl:CostSales2023-02-012023-07-3111844243dpl:DistributionCosts2023-02-012023-07-3111844243dpl:AdministrativeExpenses2023-02-012023-07-3111844243core:LandBuildings2023-02-012023-07-3111844243core:PlantMachinery2023-02-012023-07-3111844243core:Vehicles2023-02-012023-07-3111844243core:FurnitureFittings2023-02-012023-07-3111844243core:OfficeEquipment2023-02-012023-07-3111844243core:NetGoodwill2023-02-012023-07-3111844243core:IntangibleAssetsOtherThanGoodwill2023-02-012023-07-3111844243dpl:GroupUndertakings2023-02-012023-07-3111844243dpl:ParticipatingInterests2023-02-012023-07-3111844243dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012023-07-3111844243core:ListedExchangeTraded2023-02-012023-07-3111844243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012023-07-3111844243core:UnlistedNon-exchangeTraded2023-02-012023-07-3111844243dpl:CostSales2022-02-012023-01-3111844243dpl:DistributionCosts2022-02-012023-01-3111844243dpl:AdministrativeExpenses2022-02-012023-01-3111844243core:LandBuildings2022-02-012023-01-3111844243core:PlantMachinery2022-02-012023-01-3111844243core:Vehicles2022-02-012023-01-3111844243core:FurnitureFittings2022-02-012023-01-3111844243core:OfficeEquipment2022-02-012023-01-3111844243core:NetGoodwill2022-02-012023-01-3111844243core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3111844243dpl:GroupUndertakings2022-02-012023-01-3111844243dpl:ParticipatingInterests2022-02-012023-01-3111844243dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3111844243core:ListedExchangeTraded2022-02-012023-01-3111844243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3111844243core:UnlistedNon-exchangeTraded2022-02-012023-01-3111844243core:NetGoodwill2023-07-3111844243core:IntangibleAssetsOtherThanGoodwill2023-07-3111844243core:LandBuildings2023-07-3111844243core:PlantMachinery2023-07-3111844243core:Vehicles2023-07-3111844243core:FurnitureFittings2023-07-3111844243core:OfficeEquipment2023-07-3111844243core:AfterOneYear2023-07-3111844243core:WithinOneYear2023-07-3111844243core:ListedExchangeTraded2023-07-3111844243core:UnlistedNon-exchangeTraded2023-07-3111844243core:ShareCapital2023-07-3111844243core:SharePremium2023-07-3111844243core:RevaluationReserve2023-07-3111844243core:OtherReservesSubtotal2023-07-3111844243core:RetainedEarningsAccumulatedLosses2023-07-3111844243core:NetGoodwill2023-01-3111844243core:IntangibleAssetsOtherThanGoodwill2023-01-3111844243core:LandBuildings2023-01-3111844243core:PlantMachinery2023-01-3111844243core:Vehicles2023-01-3111844243core:FurnitureFittings2023-01-3111844243core:OfficeEquipment2023-01-3111844243core:AfterOneYear2023-01-3111844243core:WithinOneYear2023-01-3111844243core:ListedExc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LAVA SPIRITS LTD

Registered Number
11844243
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2023

LAVA SPIRITS LTD
Company Information
for the period from 1 February 2023 to 31 July 2023

Director

BRIDGE, Laura

Registered Address

1 Roydon Mews
17 High Street
Roydon
CM19 5EA

Registered Number

11844243 (England and Wales)
LAVA SPIRITS LTD
Balance Sheet as at
31 July 2023

Notes

31 Jul 2023

31 Jan 2023

£

£

£

£

Fixed assets
Tangible assets5-2,941
-2,941
Current assets
Stocks6-16,000
Debtors7-6,398
Cash at bank and on hand1,78210,176
1,78232,574
Creditors amounts falling due within one year8(22,368)(31,980)
Net current assets (liabilities)(20,586)594
Total assets less current liabilities(20,586)3,535
Creditors amounts falling due after one year9(94,333)(101,219)
Net assets(114,919)(97,684)
Capital and reserves
Profit and loss account(114,919)(97,684)
Shareholders' funds(114,919)(97,684)
The financial statements were approved and authorised for issue by the Director on 19 September 2023, and are signed on its behalf by:
BRIDGE, Laura
Director
Registered Company No. 11844243
LAVA SPIRITS LTD
Notes to the Financial Statements
for the period ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232023
Average number of employees during the year00
5.Property, plant and equipment

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 February 234,6282,6137,241
Disposals(4,628)(2,613)(7,241)
Depreciation and impairment
At 01 February 232,9071,3934,300
Charge for year2,941-2,941
On disposals(5,848)(1,393)(7,241)
Net book value
At 31 July 23---
At 31 January 231,7211,2202,941
6.Stocks

2023

2023

££
Other stocks-16,000
Total-16,000
7.Debtors

2023

2023

££
Trade debtors / trade receivables-5,029
Prepayments and accrued income-1,369
Total-6,398
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2023

££
Trade creditors / trade payables-7,846
Bank borrowings and overdrafts21,82423,535
Taxation and social security544599
Total22,36831,980
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2023

££
Other creditors94,333101,219
Total94,333101,219