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REGISTERED NUMBER: 11373862 (England and Wales)


Financial Statements for the Year Ended 31 May 2023

for

DSA Drinks Ltd

DSA Drinks Ltd (Registered number: 11373862)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DSA Drinks Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr Damanpreet Singh Arora





REGISTERED OFFICE: 201-203 Stourbridge Road
Dudley
West Midlands
DY1 2EQ





REGISTERED NUMBER: 11373862 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

DSA Drinks Ltd (Registered number: 11373862)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,999 41,000
Property, plant and equipment 5 15,382 10,508
46,381 51,508

CURRENT ASSETS
Inventories 70,420 60,484
Debtors 6 6,493 532
Cash at bank and in hand 16,806 16,192
93,719 77,208
CREDITORS
Amounts falling due within one year 7 100,835 83,935
NET CURRENT LIABILITIES (7,116 ) (6,727 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,265

44,781

CREDITORS
Amounts falling due after more than one
year

8

38,889

44,444
NET ASSETS 376 337

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 276 237
SHAREHOLDERS' FUNDS 376 337

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 his 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.

DSA Drinks Ltd (Registered number: 11373862)

Statement of Financial Position - continued
31 May 2023


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 22 February 2024 and were signed by:





Mr Damanpreet Singh Arora - Director


DSA Drinks Ltd (Registered number: 11373862)

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

1. STATUTORY INFORMATION

DSA Drinks 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 represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022 41,000
Transferred (10,001 )
At 31 May 2023 30,999
NET BOOK VALUE
At 31 May 2023 30,999
At 31 May 2022 41,000

DSA Drinks Ltd (Registered number: 11373862)

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

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022 - 11,645 11,645
Additions 1 10,000 10,001
At 31 May 2023 1 21,645 21,646
DEPRECIATION
At 1 June 2022 - 1,137 1,137
Charge for year - 5,127 5,127
At 31 May 2023 - 6,264 6,264
NET BOOK VALUE
At 31 May 2023 1 15,381 15,382
At 31 May 2022 - 10,508 10,508

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 5,582 -
Other debtors 911 532
6,493 532

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 6,080 6,176
Taxation and social security 11,702 6,160
Other creditors 83,053 71,599
100,835 83,935

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 38,889 44,444

DSA Drinks Ltd (Registered number: 11373862)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary £1 100 100