1 March 2023 false No description of principal activity Taxfiler 2024.5 08423155business:PrivateLimitedCompanyLtd2023-03-012024-02-28 084231552023-02-28 084231552023-03-012024-02-28 08423155business:AuditExempt-NoAccountantsReport2023-03-012024-02-28 08423155business:FilletedAccounts2023-03-012024-02-28 084231552024-02-28 08423155business:Director12023-03-012024-02-28 08423155business:RegisteredOffice2023-03-012024-02-28 084231552023-02-28 08423155core:WithinOneYear2024-02-28 08423155core:WithinOneYear2023-02-28 08423155core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 08423155core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08423155core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 08423155core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08423155core:PreviouslyStatedAmount2024-02-28 08423155core:PreviouslyStatedAmount2023-02-28 08423155business:SmallEntities2023-03-012024-02-28 08423155countries:EnglandWales2023-03-012024-02-28 08423155core:PlantMachinery2023-02-28 08423155core:FurnitureFittings2023-02-28 08423155core:ComputerEquipment2023-02-28 08423155core:PlantMachinery2023-03-012024-02-28 08423155core:FurnitureFittings2023-03-012024-02-28 08423155core:ComputerEquipment2023-03-012024-02-28 08423155core:PlantMachinery2024-02-28 08423155core:FurnitureFittings2024-02-28 08423155core:ComputerEquipment2024-02-28 084231552022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08423155 (England and Wales)
SEASONED SPIRITS LTD Unaudited accounts for the period from 1 March 2023 to 28 February 2024
SEASONED SPIRITS LTD Unaudited accounts Contents
Page
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SEASONED SPIRITS LTD Company Information for the period from 1 March 2023 to 28 February 2024
Director
James Fowler
Company Number
08423155 (England and Wales)
Registered Office
UPPER GROUND FLOOR STREATE PLACE ST PETERS ROAD BOURNEMOUTH BH1 2LT ENGLAND
Accountants
Accurate Complete Accounting Ltd Upper Ground Floor Streate Place, St Peters Road Bournemouth Dorset BH1 2LT
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SEASONED SPIRITS LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
171,606 
175,765 
Current assets
Debtors
1,000 
- 
Cash at bank and in hand
653 
22,693 
1,653 
22,693 
Creditors: amounts falling due within one year
(148,134)
(199,435)
Net current liabilities
(146,481)
(176,742)
Net assets/(liabilities)
25,125 
(977)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
25,124 
(978)
Shareholders' funds
25,125 
(977)
For the period ending 28 February 2024 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 director acknowledges his 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 and authorised for issue on 4 October 2024 and were signed on its behalf by
James Fowler Director Company Registration No. 08423155
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SEASONED SPIRITS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
SEASONED SPIRITS LTD is a private company, limited by shares, registered in England and Wales, registration number 08423155. The registered office is UPPER GROUND FLOOR STREATE PLACE, ST PETERS ROAD, BOURNEMOUTH, BH1 2LT, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
33,411 
158,508 
- 
191,919 
Additions
- 
- 
415 
415 
Disposals
(16,154)
- 
- 
(16,154)
At 28 February 2024
17,257 
158,508 
415 
176,180 
Depreciation
At 1 March 2023
16,154 
- 
- 
16,154 
Charge for the period
4,314 
- 
104 
4,418 
On disposals
(15,998)
- 
- 
(15,998)
At 28 February 2024
4,470 
- 
104 
4,574 
Net book value
At 28 February 2024
12,787 
158,508 
311 
171,606 
At 28 February 2023
17,257 
158,508 
- 
175,765 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,000 
- 
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SEASONED SPIRITS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
43,478 
33,839 
VAT
- 
5,151 
Trade creditors
- 
30,345 
Loans from directors
104,106 
130,100 
Accruals
550 
- 
148,134 
199,435 
7
Average number of employees
During the period the average number of employees was 2 (2023: 0).
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