IRIS Accounts Production v24.3.0.553 07171786 Board of Directors 1.3.23 28.2.24 28.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071717862023-02-28071717862024-02-28071717862023-03-012024-02-28071717862022-02-28071717862022-03-012023-02-28071717862023-02-2807171786ns15:EnglandWales2023-03-012024-02-2807171786ns14:PoundSterling2023-03-012024-02-2807171786ns10:Director12023-03-012024-02-2807171786ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2807171786ns10:SmallEntities2023-03-012024-02-2807171786ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2807171786ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2807171786ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2807171786ns10:FullAccounts2023-03-012024-02-2807171786ns5:CurrentFinancialInstruments2024-02-2807171786ns5:CurrentFinancialInstruments2023-02-2807171786ns5:Non-currentFinancialInstruments2024-02-2807171786ns5:Non-currentFinancialInstruments2023-02-2807171786ns5:ShareCapital2024-02-2807171786ns5:ShareCapital2023-02-2807171786ns5:SharePremium2024-02-2807171786ns5:SharePremium2023-02-2807171786ns5:RetainedEarningsAccumulatedLosses2024-02-2807171786ns5:RetainedEarningsAccumulatedLosses2023-02-2807171786ns10:RegisteredOffice2023-03-012024-02-2807171786ns5:LeaseholdImprovements2023-02-2807171786ns5:PlantMachinery2023-02-2807171786ns5:ComputerEquipment2023-02-2807171786ns5:LeaseholdImprovements2023-03-012024-02-2807171786ns5:PlantMachinery2023-03-012024-02-2807171786ns5:ComputerEquipment2023-03-012024-02-2807171786ns5:LeaseholdImprovements2024-02-2807171786ns5:PlantMachinery2024-02-2807171786ns5:ComputerEquipment2024-02-2807171786ns5:LeaseholdImprovements2023-02-2807171786ns5:PlantMachinery2023-02-2807171786ns5:ComputerEquipment2023-02-2807171786ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2807171786ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2807171786ns5:CurrentFinancialInstruments2023-03-012024-02-2807171786ns5:Non-currentFinancialInstruments2023-03-012024-02-2807171786ns5:WithinOneYear2024-02-2807171786ns5:WithinOneYear2023-02-2807171786ns5:BetweenOneFiveYears2024-02-2807171786ns5:BetweenOneFiveYears2023-02-2807171786ns5:MoreThanFiveYears2024-02-2807171786ns5:MoreThanFiveYears2023-02-2807171786ns5:AllPeriods2024-02-2807171786ns5:AllPeriods2023-02-28
REGISTERED NUMBER: 07171786 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

TEN GREEN BOTTLES LTD

TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 15,774 23,289

CURRENT ASSETS
Stocks 8,500 5,984
Debtors 5 30,512 39,944
Cash at bank and in hand 19,185 16,202
58,197 62,130
CREDITORS
Amounts falling due within one year 6 (67,411 ) (59,247 )
NET CURRENT (LIABILITIES)/ASSETS (9,214 ) 2,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,560

26,172

CREDITORS
Amounts falling due after more than one
year

7

(13,874

)

(25,008

)
NET (LIABILITIES)/ASSETS (7,314 ) 1,164

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 60,000 60,000
Retained earnings (67,414 ) (58,936 )
(7,314 ) 1,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





S A Broad - Director


TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024


1. STATUTORY INFORMATION

Ten Green Bottles Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07171786

Registered office: 9 Jubilee Street
Brighton
BN1 1GE

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The directors have reviewed forecasted cash flows and financial performance for the foreseeable future and believe the business will have adequate funds to remain in operational existence and therefore the company continues to adopt the going concern basis in preparing its financial statements.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the sale of food and drink and is recognised upon point of sale.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold land and buildings - Over life of the lease (15 years)
Plant and machinery - 10% straight line
Computer equipment - 25% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants are recognised over the period to which they relate or as performance obligations are met, depending on the terms of the grant.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments.

3. EMPLOYEES

The average number of employees during the year was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 March 2023 56,721 38,228 2,024 96,973
Additions - 3,029 159 3,188
Disposals - (10,124 ) - (10,124 )
At 28 February 2024 56,721 31,133 2,183 90,037
DEPRECIATION
At 1 March 2023 40,981 30,887 1,816 73,684
Charge for year 6,752 2,080 138 8,970
Eliminated on disposal - (8,391 ) - (8,391 )
At 28 February 2024 47,733 24,576 1,954 74,263
NET BOOK VALUE
At 28 February 2024 8,988 6,557 229 15,774
At 28 February 2023 15,740 7,341 208 23,289

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 600 -
Other debtors 29,912 39,944
30,512 39,944

TEN GREEN BOTTLES LTD (REGISTERED NUMBER: 07171786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,111 11,111
Trade creditors 14,083 20,010
Taxation and social security 13,194 10,355
Other creditors 29,023 17,771
67,411 59,247



7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,874 25,008

The loan is unsecured and is due for repayment by May 2026. Interest on loan is accrued at 2.5% and is included in accruals.

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 34,368 34,368
Between one and five years 154,000 34,368
In more than five years 176,000 -
364,368 68,736

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits were made to directors during the years ended 28 February 2024 and 29 February 2023

2024 2023
£ £

Balance outstanding at start of year 13,178 13,788
Amounts advanced 2,131 48,715
Amounts repaid (272 ) (48,105 )
Balance outstanding at end of year 11,319 13,178

These advances are unsecured, provided interest free, and repayable upon demand.