Company Registration No. 13348262 (England and Wales)
TURNDRINKS LTD
Unaudited accounts
for the year ended 30 April 2024
TURNDRINKS LTD
Unaudited accounts
Contents
TURNDRINKS LTD
Company Information
for the year ended 30 April 2024
Directors
Scott Nathan ADDISON
James Paul HANMER
Company Number
13348262 (England and Wales)
Registered Office
1B RAINBOW STREET
LONDON
SE5 7TB
ENGLAND
Accountants
SIMKAP LIMITED
3rd Floor Suite
207 Regent Street
London
London
W1B 3HH
TURNDRINKS LTD
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
42,495
2,272
Creditors: amounts falling due within one year
(21,337)
(4,481)
Net current assets
32,358
1,791
Total assets less current liabilities
36,090
1,791
Creditors: amounts falling due after more than one year
(12,385)
-
Profit and loss account
23,705
1,791
Shareholders' funds
23,705
1,791
For the year ending 30 April 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 2 January 2025 and were signed on its behalf by
Scott Nathan ADDISON
Director
Company Registration No. 13348262
TURNDRINKS LTD
Notes to the Accounts
for the year ended 30 April 2024
TURNDRINKS LTD is a private company, limited by shares, registered in England and Wales, registration number 13348262. The registered office is 1B RAINBOW STREET, LONDON, SE5 7TB, 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.
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
TURNDRINKS LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Other debtors
11,200
4,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,782
2,889
Loans from directors
(4)
(10,448)
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Withdrawals cleared
5,238
-
5,238
-
Withdrawals cleared
5,209
-
5,209
-
9
Average number of employees
During the year the average number of employees was 4 (2023: 2).