Company Registration No. 11489946 (England and Wales)
Liquor-ish Ltd
Unaudited accounts
for the year ended 31 December 2023
Liquor-ish Ltd
Unaudited accounts
Contents
Liquor-ish Ltd
Company Information
for the year ended 31 December 2023
Directors
Deepak Kumar Malhotra
Sachin Sabharwal
Company Number
11489946 (England and Wales)
Registered Office
4 Hampstead West
224 Iverson Road
London
NW6 2HL
England
Accountants
Hawthorne Tax Consultancy Ltd
Maylands Business Centre
Redbourn Road
Hemel Hempstead
HP2 7ES
Liquor-ish Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
1,085
1,900
Inventories
130,819
141,149
Cash at bank and in hand
-
74,066
Creditors: amounts falling due within one year
(185,020)
(326,172)
Net current liabilities
(40,233)
(85,146)
Total assets less current liabilities
(37,940)
(83,246)
Creditors: amounts falling due after more than one year
(40,588)
(78,550)
Net liabilities
(78,528)
(161,796)
Called up share capital
1,000
500
Share premium
192,300
67,425
Profit and loss account
(271,828)
(229,721)
Shareholders' funds
(78,528)
(161,796)
For the year 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 26 September 2024 and were signed on its behalf by
Sachin Sabharwal
Director
Company Registration No. 11489946
Liquor-ish Ltd
Notes to the Accounts
for the year ended 31 December 2023
Liquor-ish Ltd is a private company, limited by shares, registered in England and Wales, registration number 11489946. The registered office is 4 Hampstead West, 224 Iverson Road , London, NW6 2HL, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Liquor-ish Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,747
2,332
4,079
At 31 December 2023
1,747
2,332
4,079
At 1 January 2023
1,047
1,132
2,179
Charge for the year
349
466
815
At 31 December 2023
1,396
1,598
2,994
At 31 December 2023
351
734
1,085
At 31 December 2022
700
1,200
1,900
Amounts falling due within one year
Trade debtors
13,968
22,423
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,978
-
Trade creditors
22,450
100,811
Other creditors
10,549
125,000
Loans from directors
126,386
100,361
8
Creditors: amounts falling due after more than one year
2023
2022
9
Post balance sheet events
2022 accounts have been restated to delineate cost of sales. 2022 Cash at hand and creditors have also been restated following 2023 year end review.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
Liquor-ish Ltd
Notes to the Accounts
for the year ended 31 December 2023
11
Reconciliations on adoption of FRS 102