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REGISTERED NUMBER: 03074706 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Gin and Tonic (No.3) Limited

Gin and Tonic (No.3) Limited (Registered number: 03074706)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gin and Tonic (No.3) Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M Kopelman





REGISTERED OFFICE: 255 - 261 Horn Lane
Acton
W3 9EH





REGISTERED NUMBER: 03074706 (England and Wales)





ACCOUNTANTS: Kumar Business Consultants Ltd
Chartered Certified Accountants
255 - 261 Horn Lane
London
W3 9EH

Gin and Tonic (No.3) Limited (Registered number: 03074706)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,295 3,255

CURRENT ASSETS
Stocks 5 - 27,067
Debtors 6 94,773 134,758
Cash at bank and in hand 81,514 72,894
176,287 234,719
CREDITORS
Amounts falling due within one year 7 18,187 80,104
NET CURRENT ASSETS 158,100 154,615
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,395

157,870

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 160,295 157,770
SHAREHOLDERS' FUNDS 160,395 157,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 March 2025 and were signed by:





M Kopelman - Director


Gin and Tonic (No.3) Limited (Registered number: 03074706)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Gin and Tonic (No.3) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents sale made net of VAT and trade discount. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in/first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provisions are made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

Gin and Tonic (No.3) Limited (Registered number: 03074706)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 12,230 5,222 17,452
DEPRECIATION
At 1 July 2023 10,737 3,460 14,197
Charge for year 373 587 960
At 30 June 2024 11,110 4,047 15,157
NET BOOK VALUE
At 30 June 2024 1,120 1,175 2,295
At 30 June 2023 1,493 1,762 3,255

5. STOCKS
2024 2023
£    £   
Stocks - 27,067

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,996 134,004
Other debtors 67,777 54
Prepayments - 700
94,773 134,758

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 129 2,103
Tax 958 36,921
VAT 2,690 4,513
Other creditors - 32,092
Directors' current accounts 664 -
Deferred income 11,746 -
Accrued expenses 2,000 4,475
18,187 80,104