Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.4true42023-01-01falsefalse 10310219 2023-01-01 2023-12-31 10310219 2022-01-01 2022-12-31 10310219 2023-12-31 10310219 2022-12-31 10310219 c:Director4 2023-01-01 2023-12-31 10310219 d:CurrentFinancialInstruments 2023-12-31 10310219 d:CurrentFinancialInstruments 2022-12-31 10310219 d:Non-currentFinancialInstruments 2023-12-31 10310219 d:Non-currentFinancialInstruments 2022-12-31 10310219 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10310219 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10310219 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10310219 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 10310219 d:ShareCapital 2023-12-31 10310219 d:ShareCapital 2022-12-31 10310219 d:RetainedEarningsAccumulatedLosses 2023-12-31 10310219 d:RetainedEarningsAccumulatedLosses 2022-12-31 10310219 c:FRS102 2023-01-01 2023-12-31 10310219 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10310219 c:FullAccounts 2023-01-01 2023-12-31 10310219 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10310219 2 2023-01-01 2023-12-31 10310219 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 10310219









FOOTLOOSE DRINKS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
FOOTLOOSE DRINKS LTD
REGISTERED NUMBER:10310219

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
29
483

Cash at bank and in hand
  
989
418

  
1,018
901

Creditors: amounts falling due within one year
 5 
(6,708)
(2,900)

Net current liabilities
  
 
 
(5,690)
 
 
(1,999)

Creditors: amounts falling due after more than one year
 6 
(257,444)
(257,444)

  

Net liabilities
  
(263,134)
(259,443)


Capital and reserves
  

Called up share capital 
  
9
9

Profit and loss account
  
(263,143)
(259,452)

Shareholders' deficit
  
(263,134)
(259,443)


Page 1

 
FOOTLOOSE DRINKS LTD
REGISTERED NUMBER:10310219
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 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 Company has opted not to file the statement of income and retained earnings 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: 






F P Busse
Director

Date: 12 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FOOTLOOSE DRINKS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Footloose Drinks Limited is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 10310219). The registered office address is Old Library Chambers, 21 Chipper Lane, Salisbury, SP1 1BG.

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

Going concern

The Company has net liabilities of £263,134 (2022 - £259,443) with the majority of the movement in the year resulting from movement in accruals and amounts owed to a related entity. The directors have reviewed cashflow forecasts for the 12 month period from the date of sign off and believe the company to be a going concern.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Financial instruments

Financial assets and financial liabilities are recognised in the Balance Sheet when the Company becomes a party to the contractual provisions of the instrument. 
Trade and other debtors and creditors are classified as basic financial instruments and measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank, short-term bank deposits with an original maturity of three months or less and bank overdrafts which are an integral part of the Company’s cash management.

 
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.

Page 3

 
FOOTLOOSE DRINKS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Debtors

2023
2022
£
£


Other debtors
29
483



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
3,623
-

Accruals and deferred income
3,085
2,900

6,708
2,900



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
257,444
257,444


Page 4

 
FOOTLOOSE DRINKS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Related party transactions

At the year end, the Company owed the following amounts to its directors. The total balance owing to the directors is held within Creditors: Amounts falling due after more than one year.



2023
2022
£
£

F P Busse
142,444
142,444
B C Ginsberg
18,334
18,334
G C Ginsberg
78,333
78,333
K L Ginsberg
18,333
18,333
257,444
257,444


8.


Controlling party

The directors do not consider there to be an ultimate controlling party.
 
Page 5