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Company Registration No. SC660334 (Scotland)
GLASGOW COCKTAIL COLLECTIVE LTD Unaudited accounts for the year ended 31 May 2023
GLASGOW COCKTAIL COLLECTIVE LTD Unaudited accounts Contents
Page
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GLASGOW COCKTAIL COLLECTIVE LTD Company Information for the year ended 31 May 2023
Directors
Fraser McIlwraith Harry Olorunda Adam Strang
Company Number
SC660334 (Scotland)
Registered Office
10 MITCHELL DRIVE MILNGAVIE GLASGOW G62 6PY SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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GLASGOW COCKTAIL COLLECTIVE LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
53,132 
44,264 
Cash at bank and in hand
113 
6,081 
53,245 
50,345 
Creditors: amounts falling due within one year
(6,200)
(19,869)
Net current assets
47,045 
30,476 
Total assets less current liabilities
47,045 
30,476 
Creditors: amounts falling due after more than one year
(47,624)
(30,475)
Net (liabilities)/assets
(579)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(580)
- 
Shareholders' funds
(579)
1 
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by
Fraser McIlwraith Director Company Registration No. SC660334
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GLASGOW COCKTAIL COLLECTIVE LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
GLASGOW COCKTAIL COLLECTIVE LTD is a private company, limited by shares, registered in Scotland, registration number SC660334. The registered office is 10 MITCHELL DRIVE, MILNGAVIE, GLASGOW, G62 6PY, SCOTLAND.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
53,132 
44,264 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
720 
Taxes and social security
- 
7,149 
Other creditors
- 
10,000 
Loans from directors
5,000 
2,000 
Accruals
1,200 
- 
6,200 
19,869 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Trade creditors
30,475 
30,475 
Other creditors
10,000 
- 
Taxes and social security
7,149 
- 
47,624 
30,475 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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