DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Company Registration Number:
15042782 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 August 2023

End date: 31 August 2024

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Company Information

for the Period Ended 31 August 2024




Director: Janos Foldi
Registered office: 2 Bryn Celyn
Llangorse
Aberhonddu
Powys
GBR
LD3 7UG
Company Registration Number: 15042782 (England and Wales)

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

This is my first every company. The company has been trading with alcohol in a mobile drag cocktail bar, and does charitable support for the LBTQAI+ community

Political and charitable donations

There have been, but couldn't find them in my spenditure.

Company policy on the employment of disabled persons

No additional employees

Directors

The director(s) shown below were appointed to the company during the period
Janos Foldi
01 August 2023

This report was approved by the board of directors on 19 February 2025
And Signed On Behalf Of The Board By:

Name: Janos Foldi
Status: Director

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Profit and Loss Account

for the Period Ended 31 August 2024


Notes
13 months to
31 Aug 2024
£
Turnover 13,199
Cost of sales ( 16,994 )
Gross Profit or (Loss) ( 3,795 )
Operating Profit or (Loss) ( 3,795 )
Profit or (Loss) Before Tax ( 3,795 )
Tax on Profit ( 361 )
Profit or (Loss) for Period ( 4,156 )

The notes form part of these financial statements

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Balance sheet

As at 31 August 2024


Notes
13 months to
31 Aug 2024
£
Fixed assets
Intangible assets: 4 800
Tangible assets: 5 4,000
Total fixed assets: 4,800
Current assets
Stocks: 1,500
Cash at bank and in hand: 1,650
Total current assets: 3,150
Net current assets (liabilities): 3,150
Total assets less current liabilities: 7,950
Total net assets (liabilities): 7,950

The notes form part of these financial statements

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Balance sheet continued

As at 31 August 2024


Notes
13 months to
31 Aug 2024
£
Capital and reserves
Called up share capital: 7,950
Shareholders funds: 7,950

For the year ending 31 August 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 19 February 2025
And Signed On Behalf Of The Board By:

Name: Janos Foldi
Status: Director

The notes form part of these financial statements

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    I have prepared and collected all financial accounts to match the Quick Books Standards.

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    13 months to
    31 Aug 2024
    Average number of employees during the period 1

    Janos Foldi, the director of the company have been the only employee

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Intangible assets

Other Total
Cost £ £
Additions 800 800
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 800 800
Amortisation
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 August 2024 - -
Net book value
Net book value at 31 August 2024 800 800

These were for assets were for licensing, certifications, registration fees, TEN's for each events etc.

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
Additions 3,500 500 - 4,000
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 August 2024 3,500 500 - 4,000
Depreciation
Charge for year - - - -
On disposals - - - -
Other adjustments - - - -
At 31 August 2024 - - - -
Net book value
At 31 August 2024 3,500 500 - 4,000

These were the setup costs. Including all the different, jars, building materials, the horsebox, chairs, etc

DRAG-ON-WHEELS G-N-T COCKTAILS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.1.Related party disclosures

Name of related party: Janos Foldi
Description of relationship:
Director
Description of the transaction:
Setup cost
Balance at 31 August 2024 0

This was the setup cost for the company. I have not earned or taken this back, but some of the assets can be treated as the investment.