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Company Registration No. 12942798 (England and Wales)
No.1 Spirits Ltd Unaudited accounts for the year ended 31 October 2023
No.1 Spirits Ltd Unaudited accounts Contents
Page
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No.1 Spirits Ltd Company Information for the year ended 31 October 2023
Director
Miss Sonya Stefanova Krasteva
Company Number
12942798 (England and Wales)
Registered Office
Minshull House 67 Wellington Road North Stockport SK4 2LP United Kingdom
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No.1 Spirits Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
116 
233 
Current assets
Inventories
7,560 
7,560 
Cash at bank and in hand
(892)
5,934 
6,668 
13,494 
Creditors: amounts falling due within one year
(29,786)
(35,357)
Net current liabilities
(23,118)
(21,863)
Net liabilities
(23,002)
(21,630)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(23,102)
(21,730)
Shareholders' funds
(23,002)
(21,630)
For the year ending 31 October 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 director acknowledges her 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 9 October 2024 and were signed on its behalf by
Miss Sonya Stefanova Krasteva Director Company Registration No. 12942798
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No.1 Spirits Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
No.1 Spirits Ltd is a private company, limited by shares, registered in England and Wales, registration number 12942798. The registered office is Minshull House, 67 Wellington Road North, Stockport, SK4 2LP, United Kingdom.
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 year, 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:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
467 
At 31 October 2023
467 
Depreciation
At 1 November 2022
234 
Charge for the year
117 
At 31 October 2023
351 
Net book value
At 31 October 2023
116 
At 31 October 2022
233 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(216)
117 
Trade creditors
- 
45 
Loans from directors
30,002 
34,395 
Accruals
- 
800 
29,786 
35,357 
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No.1 Spirits Ltd Notes to the Accounts for the year ended 31 October 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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