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
SEASONED SPIRITS LTD
Company Information
for the period from 1 March 2023 to 28 February 2024
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
SEASONED SPIRITS LTD
Statement of financial position
as at 28 February 2024
Tangible assets
171,606
175,765
Cash at bank and in hand
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)
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
SEASONED SPIRITS LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
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.
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.
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:
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
Disposals
(16,154)
-
-
(16,154)
At 28 February 2024
17,257
158,508
415
176,180
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
At 28 February 2024
12,787
158,508
311
171,606
At 28 February 2023
17,257
158,508
-
175,765
Amounts falling due within one year
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
Loans from directors
104,106
130,100
7
Average number of employees
During the period the average number of employees was 2 (2023: 0).