IRIS Accounts Production v23.3.0.418 07171786 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071717862022-02-28071717862023-02-28071717862022-03-012023-02-28071717862021-02-28071717862021-03-012022-02-28071717862022-02-2807171786ns10:Originalns15:EnglandWales2022-03-012023-02-2807171786ns14:PoundSterlingns10:Original2022-03-012023-02-2807171786ns10:Originalns10:Director12022-03-012023-02-2807171786ns10:Original2022-03-012023-02-2807171786ns10:Original2023-02-2807171786ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807171786ns10:Originalns10:SmallEntities2022-03-012023-02-2807171786ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807171786ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807171786ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807171786ns10:Originalns10:FullAccounts2022-03-012023-02-2807171786ns10:Originalns10:Director22022-03-012023-02-2807171786ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807171786ns10:Original2022-02-2807171786ns10:Originalns5:CurrentFinancialInstruments2023-02-2807171786ns10:Originalns5:CurrentFinancialInstruments2022-02-2807171786ns10:Originalns5:Non-currentFinancialInstruments2023-02-2807171786ns10:Originalns5:Non-currentFinancialInstruments2022-02-2807171786ns5:ShareCapitalns10:Original2023-02-2807171786ns5:ShareCapitalns10:Original2022-02-2807171786ns10:Originalns5:SharePremium2023-02-2807171786ns10:Originalns5:SharePremium2022-02-2807171786ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807171786ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807171786ns10:Originalns5:LeaseholdImprovements2022-03-012023-02-2807171786ns10:Originalns5:PlantMachinery2022-03-012023-02-2807171786ns10:Originalns5:ComputerEquipment2022-03-012023-02-2807171786ns10:Original2021-03-012022-02-2807171786ns10:Originalns5:LeaseholdImprovements2022-02-2807171786ns10:Originalns5:PlantMachinery2022-02-2807171786ns10:Originalns5:ComputerEquipment2022-02-2807171786ns10:Original2022-02-2807171786ns10:Originalns5:LeaseholdImprovements2023-02-2807171786ns10:Originalns5:PlantMachinery2023-02-2807171786ns10:Originalns5:ComputerEquipment2023-02-2807171786ns10:Originalns5:LeaseholdImprovements2022-02-2807171786ns10:Originalns5:PlantMachinery2022-02-2807171786ns10:Originalns5:ComputerEquipment2022-02-2807171786ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807171786ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2807171786ns10:Originalns5:CurrentFinancialInstruments2022-03-012023-02-2807171786ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-02-2807171786ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-02-2807171786ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2807171786ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-02-2807171786ns10:Originalns5:WithinOneYear2023-02-2807171786ns10:Originalns5:WithinOneYear2022-02-2807171786ns5:BetweenOneFiveYearsns10:Original2023-02-2807171786ns5:BetweenOneFiveYearsns10:Original2022-02-2807171786ns10:Originalns5:AllPeriods2023-02-2807171786ns10:Originalns5:AllPeriods2022-02-28
REGISTERED NUMBER: 07171786 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

TEN GREEN BOTTLES LTD

TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TEN GREEN BOTTLES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: S A Broad
S F Devaney





REGISTERED OFFICE: 9 Jubilee Street
Brighton
BN1 1GE





REGISTERED NUMBER: 07171786 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 23,289 33,808

CURRENT ASSETS
Stocks 5,984 5,000
Debtors 5 39,944 28,847
Cash at bank and in hand 16,202 25,720
62,130 59,567
CREDITORS
Amounts falling due within one year 6 (59,247 ) (58,407 )
NET CURRENT ASSETS 2,883 1,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,172

34,968

CREDITORS
Amounts falling due after more than one
year

7

(25,008

)

(36,111

)
NET ASSETS/(LIABILITIES) 1,164 (1,143 )

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 60,000 60,000
Retained earnings (58,936 ) (61,243 )
1,164 (1,143 )

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 28 November 2023 and were signed on its behalf by:





S A Broad - Director


TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Ten Green Bottles 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The directors have reviewed forecasted cash flows and financial performance for the foreseeable future and believe the business will have adequate funds to remain in operational existence and therefore the company continues to adopt the going concern basis in preparing its financial statements.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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 represents the sale of food and drink, and is recognised upon point of sale.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - over the term of the lease - 15 years
Plant and machinery - at varying rates on cost
Computer equipment - 25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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.

TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants are recognised over the period to which they relate or as performance obligations are met, depending on the terms of the grant.

3. EMPLOYEES

The average number of employees during the year was 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 March 2022 56,721 37,101 2,024 95,846
Additions - 1,127 - 1,127
At 28 February 2023 56,721 38,228 2,024 96,973
DEPRECIATION
At 1 March 2022 34,230 26,117 1,691 62,038
Charge for year 6,751 4,770 125 11,646
At 28 February 2023 40,981 30,887 1,816 73,684
NET BOOK VALUE
At 28 February 2023 15,740 7,341 208 23,289
At 28 February 2022 22,491 10,984 333 33,808

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,696
Other debtors 39,944 27,151
39,944 28,847

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,111 11,111
Trade creditors 20,010 25,989
Social security and other taxes 2,548 2,468
VAT 7,807 1,746
Other creditors 1,341 1,427
Accruals and deferred income 16,430 15,666
59,247 58,407

TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

The bank overdraft is secured by a fixed and floating charge over the undertakings and all assets present and future.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 11,111 11,111
Bank loans - 2-5 years 13,897 25,000
25,008 36,111

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 34,368 42,059
Between one and five years 34,368 -
68,736 42,059

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits were made to directors during the years ended 28 February 2023 and 28 February 2022

2023 2022
£ £

Balance outstanding at start of year 13,787 9,567
Amounts advanced 48,105 4,880
Amounts repaid (48,715 ) (660 )
Balance outstanding at end of year 13,177 13,787

These advances are unsecured, provided interest free, and repayable upon demand.