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REGISTERED NUMBER: 09006826 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GORILLA WATERCOOLERS LIMITED

GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

GORILLA WATERCOOLERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A Arnold





REGISTERED OFFICE: Unit F5 Park Lane
Castle Vale
Birmingham
B35 6LJ





REGISTERED NUMBER: 09006826 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL

GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 207,952 161,127
207,952 161,127

CURRENT ASSETS
Stocks 12,517 12,517
Debtors 7 154,652 104,531
Cash at bank 21,620 15,551
188,789 132,599
CREDITORS
Amounts falling due within one year 8 202,902 101,269
NET CURRENT (LIABILITIES)/ASSETS (14,113 ) 31,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,839

192,457

CREDITORS
Amounts falling due after more than one
year

9

(116,991

)

(161,924

)

PROVISIONS FOR LIABILITIES (49,213 ) (27,925 )
NET ASSETS 27,635 2,608

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 27,631 2,604
27,635 2,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2024 and were signed by:





A Arnold - Director


GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Gorilla Watercoolers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention. The accounts have been prepared on a going concern basis.

The financial statements are presented in Sterling (£) rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, has been fully amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.


GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 4 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 1,500
AMORTISATION
At 1 January 2023
and 31 December 2023 1,500
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 19,827 215,190 6,957 5,213 247,187
Additions - 75,416 - 400 75,816
Disposals - (4,134 ) - - (4,134 )
At 31 December 2023 19,827 286,472 6,957 5,613 318,869
DEPRECIATION
At 1 January 2023 6,755 72,742 3,419 3,144 86,060
Charge for year 1,969 21,373 884 823 25,049
Eliminated on disposal - (192 ) - - (192 )
At 31 December 2023 8,724 93,923 4,303 3,967 110,917
NET BOOK VALUE
At 31 December 2023 11,103 192,549 2,654 1,646 207,952
At 31 December 2022 13,072 142,448 3,538 2,069 161,127

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 121,202 91,599
Other debtors 4,000 4,000
Prepayments and accrued income 29,450 8,932
154,652 104,531

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 9,692
Other loans 26,200 -
Trade creditors 30,688 40,793
Tax 12,971 3,214
Social security and other taxes 4,184 882
Pension Creditor 530 324
VAT 40,798 19,604
Other creditors 347 -
Deposits 54,522 19,015
Directors' current accounts 19,255 4,746
Accrued expenses 3,407 2,999
202,902 101,269

GORILLA WATERCOOLERS LIMITED (REGISTERED NUMBER: 09006826)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,308 10,000
Bank loans - 2-5 years 10,616 20,924
Other loans - 1-2 years 96,067 131,000
116,991 161,924

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 13,333 16,000
Between one and five years - 13,333
13,333 29,333

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
A Arnold
Balance outstanding at start of year - 1,480
Amounts repaid - (1,480 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Ms Z Pardoe
Balance outstanding at start of year - 1,480
Amounts repaid - (1,480 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GORILLA WATERCOOLERS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gorilla Watercoolers Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Gorilla Watercoolers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gorilla Watercoolers Limited and state those matters that we have agreed to state to the director of Gorilla Watercoolers Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gorilla Watercoolers Limited and its director for our work or for this report.

It is your duty to ensure that Gorilla Watercoolers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gorilla Watercoolers Limited. You consider that Gorilla Watercoolers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gorilla Watercoolers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






D.R.E. & Co. Limited
Chartered Accountants
Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL


7 October 2024