Company Registration No. 13900133 (England and Wales)
Slippery Drinks Ltd
Unaudited accounts
for the year ended 29 February 2024
Slippery Drinks Ltd
Unaudited accounts
Contents
Slippery Drinks Ltd
Company Information
for the year ended 29 February 2024
Directors
Elavarasan Durairaj
Glen Ashley Leeson
Company Number
13900133 (England and Wales)
Registered Office
115 Hemingford Road
London
N1 1BZ
England
Accountants
Viewpoint Partners Ltd
Suite 3.06
1-3 Brixton Road
London
SW9 6DE
Slippery Drinks Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
150,062
96,012
Cash at bank and in hand
318,284
302,790
Creditors: amounts falling due within one year
(493,013)
(131,022)
Net current assets
527,542
184,103
Total assets less current liabilities
677,604
280,115
Creditors: amounts falling due after more than one year
(61,434)
(61,434)
Net assets
616,170
218,681
Called up share capital
102
102
Profit and loss account
616,068
218,579
Shareholders' funds
616,170
218,681
For the year ending 29 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 directors acknowledge their 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 of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
Glen Ashley Leeson
Director
Company Registration No. 13900133
Slippery Drinks Ltd
Notes to the Accounts
for the year ended 29 February 2024
Slippery Drinks Ltd is a private company, limited by shares, registered in England and Wales, registration number 13900133. The registered office is 115 Hemingford Road, London, N1 1BZ, 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 year, 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:
Land & buildings
has been depreciated using the straight line method over the useful life of the asset.
Plant & machinery
has been depreciated using the straight line method at 22%
Motor vehicles
has been depreciated using the straight line method at 20%
Fixtures & fittings
has been depreciated using the straight line method at 33%
Computer equipment
has been depreciated using the straight line method at 14%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 March 2023
-
110,944
-
16,035
1,481
128,460
Additions
953
23,310
40,993
24,117
1,140
90,513
At 29 February 2024
953
134,254
40,993
40,152
2,621
218,973
At 1 March 2023
-
24,408
-
7,828
212
32,448
Charge for the year
80
21,080
5,045
9,936
322
36,463
At 29 February 2024
80
45,488
5,045
17,764
534
68,911
At 29 February 2024
873
88,766
35,948
22,388
2,087
150,062
At 28 February 2023
-
86,536
-
8,207
1,269
96,012
Slippery Drinks Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
-
2,005
Amounts falling due after more than one year
Amounts due from group undertakings etc.
606,889
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
73,739
21,727
Taxes and social security
167,297
27,420
Other creditors
73,548
9,516
Loans from directors
450
450
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
61,434
61,434
Allotted, called up and fully paid:
1,020,000 Ordinary shares of £0.0001 each
102
102
9
Average number of employees
During the year the average number of employees was 31 (2023: 29).