Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity44falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10230578 2023-01-01 2023-12-31 10230578 2022-01-01 2022-12-31 10230578 2023-12-31 10230578 2022-12-31 10230578 c:Director2 2023-01-01 2023-12-31 10230578 d:MotorVehicles 2023-01-01 2023-12-31 10230578 d:CurrentFinancialInstruments 2023-12-31 10230578 d:CurrentFinancialInstruments 2022-12-31 10230578 d:Non-currentFinancialInstruments 2023-12-31 10230578 d:Non-currentFinancialInstruments 2022-12-31 10230578 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10230578 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10230578 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10230578 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 10230578 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 10230578 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 10230578 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 10230578 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 10230578 d:ShareCapital 2023-12-31 10230578 d:ShareCapital 2022-12-31 10230578 d:SharePremium 2023-12-31 10230578 d:SharePremium 2022-12-31 10230578 d:RetainedEarningsAccumulatedLosses 2023-12-31 10230578 d:RetainedEarningsAccumulatedLosses 2022-12-31 10230578 c:OrdinaryShareClass1 2023-01-01 2023-12-31 10230578 c:OrdinaryShareClass1 2023-12-31 10230578 c:FRS102 2023-01-01 2023-12-31 10230578 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10230578 c:FullAccounts 2023-01-01 2023-12-31 10230578 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10230578 e:PoundSterling 2023-01-01 2023-12-31 10230578 d:EntityControlledByKeyManagementPersonnel1 2023-01-01 2023-12-31 10230578 d:EntityControlledByKeyManagementPersonnel1 2023-12-31 10230578 d:EntityControlledByKeyManagementPersonnel2 2023-01-01 2023-12-31 10230578 d:EntityControlledByKeyManagementPersonnel2 2023-12-31 10230578 d:EntityControlledByKeyManagementPersonnel3 2023-01-01 2023-12-31 10230578 d:EntityControlledByKeyManagementPersonnel3 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10230578









OMBRA DRINKS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
OMBRA DRINKS LIMITED
REGISTERED NUMBER: 10230578

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023


2023

2022
Note
£
£
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
-
776

Cash at bank and in hand
 5 
420
612

  
420
1,388

Creditors: amounts falling due within one year
 6 
(237,701)
(226,260)

Net current liabilities
  
 
 
(237,281)
 
 
(224,872)

Total assets less current liabilities
  
(237,281)
(224,872)

Creditors: amounts falling due after more than one year
 7 
(17,503)
(25,833)

  

Net liabilities
  
(254,784)
(250,705)


Capital and reserves
  

Called up share capital 
 9 
496
496

Share premium account
  
574,902
574,902

Profit and loss account
  
(830,182)
(826,103)

  
(254,784)
(250,705)


Page 1

 
OMBRA DRINKS LIMITED
REGISTERED NUMBER: 10230578
    
STATEMENT OF FINANCIAL POSITION (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 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 3 October 2024.




P A Solari
Director


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
OMBRA DRINKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Ombra Drinks Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, England, UB8 2FX.
The principal activity of the company is importing and distribution of Italian prosecco. 

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, notwithstanding the net current liabilities of £237,281 (2022 - £224,872) at the Statement of financial position date.
The directors have provided an undertaking that they will support the company for the foreseeable future to enable the company's liabilities to be met as they fall due, and specifically for a period of not less than twelve months from the date of signing of these financial statements. On this basis, the directors believe that the preparation of the accounts on a going concern basis is appropriate.

 
2.3

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
OMBRA DRINKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.


3.


Employees

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

Page 4

 
OMBRA DRINKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
-
776

-
776



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
420
612

420
612



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
19,444
16,953

Other creditors
168,621
159,671

Accruals and deferred income
39,636
39,636

237,701
226,260



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
17,503
25,833

17,503
25,833


Page 5

 
OMBRA DRINKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000

Amounts falling due 2-5 years

Bank loans
7,503
15,833


27,503
35,833



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



495,833  Ordinary shares of £0.001 each
496
496



10.


Related party transactions

Included within other creditors is an amount of £152,180 (2022 - £152,180) due to a director of the company.
 
Included within other creditors is an amount of £100 (2022 - £100) due to a company with common director.
 
Included within other creditors is an amount of £16,341 (2022 - £7,391) due to a company with common director.


11.


Controlling party

There is no ultimate controlling party.

 
Page 6