IRIS Accounts Production v23.1.5.20 10160207 director 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101602072022-05-31101602072023-05-31101602072022-06-012023-05-31101602072021-05-31101602072021-06-012022-05-31101602072022-05-3110160207ns15:EnglandWales2022-06-012023-05-3110160207ns14:PoundSterling2022-06-012023-05-3110160207ns10:Director12022-06-012023-05-3110160207ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3110160207ns10:SmallEntities2022-06-012023-05-3110160207ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3110160207ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3110160207ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3110160207ns10:FullAccounts2022-06-012023-05-3110160207ns10:CompanySecretary12022-06-012023-05-3110160207ns10:RegisteredOffice2022-06-012023-05-3110160207ns5:CurrentFinancialInstruments2023-05-3110160207ns5:CurrentFinancialInstruments2022-05-3110160207ns5:Non-currentFinancialInstruments2023-05-3110160207ns5:Non-currentFinancialInstruments2022-05-3110160207ns5:ShareCapital2023-05-3110160207ns5:ShareCapital2022-05-3110160207ns5:RetainedEarningsAccumulatedLosses2023-05-3110160207ns5:RetainedEarningsAccumulatedLosses2022-05-3110160207ns5:PlantMachinery2022-05-3110160207ns5:PlantMachinery2022-06-012023-05-3110160207ns5:PlantMachinery2023-05-3110160207ns5:PlantMachinery2022-05-3110160207ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3110160207ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 10160207 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

JUST SPIRITS LTD

JUST SPIRITS LTD (Registered number: 10160207)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JUST SPIRITS LTD

Company Information
for the Year Ended 31 May 2023







DIRECTOR: MRS S OHRIE





SECRETARY:





REGISTERED OFFICE: 85
MANOR ROAD
CHIGWELL
London
IG7 5PH





REGISTERED NUMBER: 10160207 (England and Wales)





ACCOUNTANTS: Qazi and co
1-3 JEWEL ROAD
WALTHAMSTOW
London
E17 4QX

JUST SPIRITS LTD (Registered number: 10160207)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 579 724

CURRENT ASSETS
Debtors 5 2,800 2,458
Cash in hand 34,282 31,672
37,082 34,130
CREDITORS
Amounts falling due within one year 6 9,730 3,403
NET CURRENT ASSETS 27,352 30,727
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,931

31,451

CREDITORS
Amounts falling due after more than one year 7 25,253 16,114
NET ASSETS 2,678 15,337

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,578 15,237
2,678 15,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 7 February 2024 and were signed by:




MRS S OHRIE - Director


JUST SPIRITS LTD (Registered number: 10160207)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

JUST SPIRITS 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.

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

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JUST SPIRITS LTD (Registered number: 10160207)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 2,210
DEPRECIATION
At 1 June 2022 1,486
Charge for year 145
At 31 May 2023 1,631
NET BOOK VALUE
At 31 May 2023 579
At 31 May 2022 724

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 2,800 2,458

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 8,472 2,145
Other creditors 1,258 1,258
9,730 3,403

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 25,253 16,114