Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31No description of principal activitytrue2022-08-01false2011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12117222 2022-08-01 2023-07-31 12117222 2021-08-01 2022-07-31 12117222 2023-07-31 12117222 2022-07-31 12117222 c:Director1 2022-08-01 2023-07-31 12117222 d:Buildings d:ShortLeaseholdAssets 2022-08-01 2023-07-31 12117222 d:Buildings d:ShortLeaseholdAssets 2023-07-31 12117222 d:Buildings d:ShortLeaseholdAssets 2022-07-31 12117222 d:FurnitureFittings 2022-08-01 2023-07-31 12117222 d:FurnitureFittings 2023-07-31 12117222 d:FurnitureFittings 2022-07-31 12117222 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12117222 d:OtherPropertyPlantEquipment 2022-08-01 2023-07-31 12117222 d:OtherPropertyPlantEquipment 2023-07-31 12117222 d:OtherPropertyPlantEquipment 2022-07-31 12117222 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12117222 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12117222 d:CurrentFinancialInstruments 2023-07-31 12117222 d:CurrentFinancialInstruments 2022-07-31 12117222 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12117222 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 12117222 d:ShareCapital 2023-07-31 12117222 d:ShareCapital 2022-07-31 12117222 d:SharePremium 2023-07-31 12117222 d:SharePremium 2022-07-31 12117222 d:RetainedEarningsAccumulatedLosses 2023-07-31 12117222 d:RetainedEarningsAccumulatedLosses 2022-07-31 12117222 c:FRS102 2022-08-01 2023-07-31 12117222 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12117222 c:FullAccounts 2022-08-01 2023-07-31 12117222 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 12117222









JENKI DRINKS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

 
JENKI DRINKS LTD
REGISTERED NUMBER: 12117222

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
58,425
56,921

  
58,425
56,921

Current assets
  

Stocks
  
24,575
5,000

Debtors: amounts falling due within one year
 5 
133,413
22,622

Cash at bank and in hand
 6 
123,428
12,808

  
281,416
40,430

Creditors: amounts falling due within one year
 7 
(98,951)
(73,260)

Net current assets/(liabilities)
  
 
 
182,465
 
 
(32,830)

Total assets less current liabilities
  
240,890
24,091

  

Net assets
  
240,890
24,091


Capital and reserves
  

Called up share capital 
  
2,400
2,400

Share premium account
  
149,600
149,600

Profit and loss account
  
88,890
(127,909)

  
240,890
24,091


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


Page 1

 
JENKI DRINKS LTD
REGISTERED NUMBER: 12117222
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023



................................................
Otto Edward Constantine Boyer
Director

Date: 14 March 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
JENKI DRINKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Jenki Drinks Limited is a private company limited by shares. The company was incorporated in the United
Kingdom and is registered in England and Wales. The registration number is 12117222. The registered office address is 1 Spenser Road, London, England, SE24 0NS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
JENKI DRINKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
20%
Fixtures and fittings
-
20%
Other fixed assets
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
JENKI DRINKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 20 (2022 - 11).

Page 5

 
JENKI DRINKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Tangible fixed assets





Short-term leasehold property
Fixtures and fittings
Other fixed assets
Total

£
£
£
£



Cost or valuation


At 1 August 2022
-
60,944
6,720
67,664


Additions
12,000
3,396
-
15,396



At 31 July 2023

12,000
64,340
6,720
83,060



Depreciation


At 1 August 2022
-
10,519
224
10,743


Charge for the year on owned assets
132
11,520
2,240
13,892



At 31 July 2023

132
22,039
2,464
24,635



Net book value



At 31 July 2023
11,868
42,301
4,256
58,425



At 31 July 2022
-
50,425
6,496
56,921


5.


Debtors

2023
2022
£
£


Trade debtors
14,566
20,361

Other debtors
95,289
411

Prepayments and accrued income
23,558
1,850

133,413
22,622


Page 6

 
JENKI DRINKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
123,428
12,808

123,428
12,808



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
45,919
32,172

Corporation tax
4,369
-

Other taxation and social security
5,841
9,593

Other creditors
37,070
28,707

Accruals and deferred income
5,752
2,788

98,951
73,260


 
Page 7