Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3111the supply of spiritstrue2023-01-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11175149 2023-01-01 2023-12-31 11175149 2022-01-01 2022-12-31 11175149 2023-12-31 11175149 2022-12-31 11175149 c:Director1 2023-01-01 2023-12-31 11175149 d:CurrentFinancialInstruments 2023-12-31 11175149 d:CurrentFinancialInstruments 2022-12-31 11175149 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11175149 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11175149 d:ShareCapital 2023-12-31 11175149 d:ShareCapital 2022-12-31 11175149 d:RetainedEarningsAccumulatedLosses 2023-12-31 11175149 d:RetainedEarningsAccumulatedLosses 2022-12-31 11175149 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11175149 c:OrdinaryShareClass1 2023-12-31 11175149 c:OrdinaryShareClass1 2022-12-31 11175149 c:FRS102 2023-01-01 2023-12-31 11175149 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11175149 c:FullAccounts 2023-01-01 2023-12-31 11175149 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11175149 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11175149














HURRICANE RUM COMPANY LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
HURRICANE RUM COMPANY LIMITED
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 4


 
HURRICANE RUM COMPANY LIMITED
REGISTERED NUMBER:11175149

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
22,515
24,868

Debtors: amounts falling due within one year
 5 
1,252
2,659

  
23,767
27,527

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(51,526)
(53,396)

  

Net liabilities
  
(27,759)
(25,869)


Capital and reserves
  

Called up share capital 
 7 
10,000
10,000

Profit and loss account
  
(37,759)
(35,869)

  
(27,759)
(25,869)


The director considers 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 director acknowledges his 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 on 10 September 2024.




A Brady
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
HURRICANE RUM COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Hurricane Rum Company Limited is a private limited liability company incorporated England and Wales, with its registered office address at 1 Stephen Street, London, W1T 1AL.
The principal activity of the Company is the supply of spirits.
The Company's functional and presentational currency is £ Sterling.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis, the validity of which is dependent on the continued support of the Company's director and its loan creditors. In the opinion of the director the Company will continue to receive such financial support as may be required to enable it to meet its liabilities for at least 12 months following the date of his approval of the financial statements and on this basis have prepared the financial statements on a going concern basis.

 
2.3

Turnover

Turnover comprises revenue recognised by the Company in respect of goods supplied during the year, exclusive of value added tax.
Revenue from the sale of goods is recognised when the goods are dispatched.

 
2.4

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 and all related direct costs on a first in, first out basis

 
2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.6

Creditors

Short term creditors are measured at the transaction price.
Page 2

 
HURRICANE RUM COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

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 reporting date in the countries where the Company operates and generates income.


3.


Employees

The director was the only employee of the Company during the current and preceding period.



4.


Stocks

2023
2022
£
£

Goods for resale
22,515
24,868



5.


Debtors

2023
2022
£
£


Other debtors
1,002
1,002

Prepayments
250
1,657

1,252
2,659



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
67
-

Other creditors
49,611
45,296

Accruals
1,848
8,100

51,526
53,396


Page 3

 
HURRICANE RUM COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



10,000 (2022 - 10,000) Ordinary shares of £1 each
10,000
10,000


 
Page 4