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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
Page
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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
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Slippery Drinks Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
150,062 
96,012 
Current assets
Inventories
10,188 
- 
Debtors
692,083 
12,335 
Cash at bank and in hand
318,284 
302,790 
1,020,555 
315,125 
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 
Capital and reserves
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
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Slippery Drinks Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
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 
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Slippery Drinks Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
81,728 
- 
Amounts due from group undertakings etc.
- 
2,005 
Other debtors
- 
6,864 
81,728 
8,869 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
606,889 
- 
Other debtors
3,466 
3,466 
610,355 
3,466 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
159,785 
59,402 
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 
Accruals
18,194 
12,507 
493,013 
131,022 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
61,434 
61,434 
8
Share capital
2024 
2023 
£ 
£ 
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).
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