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Company Registration No. 14527089 (England and Wales)
Fiz Bubble Tea Limited Unaudited accounts for the period from 7 December 2022 to 31 December 2023
Fiz Bubble Tea Limited Unaudited accounts Contents
Page
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Fiz Bubble Tea Limited Company Information for the period from 7 December 2022 to 31 December 2023
Directors
Mr Farooq Jalil Butt Mr Zair Ahmed Chaudhry
Company Number
14527089 (England and Wales)
Registered Office
52 BELGRAVE ROAD ILFORD IG1 3AP ENGLAND
Accountants
Lisa Li Vintage House 36-37 Albert Embankment London SE1 7TL
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Fiz Bubble Tea Limited Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
20,000 
Tangible assets
85,130 
105,130 
Current assets
Inventories
10,450 
Debtors
30,467 
Cash at bank and in hand
1,030 
41,947 
Creditors: amounts falling due within one year
(214,390)
Net current liabilities
(172,443)
Net liabilities
(67,313)
Capital and reserves
Called up share capital
100 
Profit and loss account
(67,413)
Shareholders' funds
(67,313)
For the period ending 31 December 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 29 January 2024 and were signed on its behalf by
Mr Farooq Jalil Butt Director Company Registration No. 14527089
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Fiz Bubble Tea Limited Notes to the Accounts for the period from 7 December 2022 to 31 December 2023
1
Statutory information
Fiz Bubble Tea Limited is a private company, limited by shares, registered in England and Wales, registration number 14527089. The registered office is 52 BELGRAVE ROAD, ILFORD, IG1 3AP, ENGLAND.
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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 7 December 2022
- 
Additions
25,000 
At 31 December 2023
25,000 
Amortisation
At 7 December 2022
- 
Charge for the period
5,000 
At 31 December 2023
5,000 
Net book value
At 31 December 2023
20,000 
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Fiz Bubble Tea Limited Notes to the Accounts for the period from 7 December 2022 to 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 7 December 2022
- 
- 
- 
Additions
27,735 
78,677 
106,412 
At 31 December 2023
27,735 
78,677 
106,412 
Depreciation
Charge for the period
5,547 
15,735 
21,282 
At 31 December 2023
5,547 
15,735 
21,282 
Net book value
At 31 December 2023
22,188 
62,942 
85,130 
6
Debtors
2023 
£ 
Amounts falling due within one year
VAT
4,717 
Trade debtors
850 
Accrued income and prepayments
24,900 
30,467 
7
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
125 
Other creditors
890 
Loans from directors
213,375 
214,390 
8
Average number of employees
During the period the average number of employees was 0.
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