Company Registration No. 13890059 (England and Wales)
COASTLINE SPIRITS LTD
Final accounts
for the year ended 29 February 2024
COASTLINE SPIRITS LTD
Final accounts
Contents
COASTLINE SPIRITS LTD
Company Information
for the year ended 29 February 2024
Directors
PRISCILLA CRONJE
MAQHAWE MCABANGO NKUMANE
Company Number
13890059 (England and Wales)
Registered Office
ELDER HOUSE 548-550 ELDER GATE
MILTON KEYNES
MK9 1LR
ENGLAND
Accountants
DKA Accounting Ltd.
East Wing, Castle House
Dawson Road
Milton Keynes
Buckinghamshire
MK1 1QT
COASTLINE SPIRITS LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
348
1,401
Creditors: amounts falling due within one year
(40,290)
(46,024)
Net current assets
21,752
19,731
Total assets less current liabilities
22,002
19,731
Creditors: amounts falling due after more than one year
(110,705)
(105,847)
Net liabilities
(88,703)
(86,116)
Called up share capital
3
3
Profit and loss account
(88,706)
(86,119)
Shareholders' funds
(88,703)
(86,116)
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 28 November 2024 and were signed on its behalf by
PRISCILLA CRONJE
Director
Company Registration No. 13890059
COASTLINE SPIRITS LTD
Notes to the Accounts
for the year ended 29 February 2024
COASTLINE SPIRITS LTD is a private company, limited by shares, registered in England and Wales, registration number 13890059. The registered office is ELDER HOUSE 548-550 ELDER GATE, MILTON KEYNES, MK9 1LR, 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.
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
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
13,242
13,242
COASTLINE SPIRITS LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,970
-
Trade creditors
19,378
46,024
Loans from directors
11,942
-
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
99,708
10,997
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).