2022-11-012023-10-312023-10-31false12704050FLYING GIN LIMITED2025-03-2470100falseiso4217:GBPxbrli:pure127040502022-11-01127040502023-10-31127040502022-11-012023-10-31127040502021-07-01127040502022-10-31127040502021-07-012022-10-3112704050bus:SmallEntities2022-11-012023-10-3112704050bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3112704050bus:FullAccounts2022-11-012023-10-3112704050bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112704050core:WithinOneYear2023-10-3112704050core:AfterOneYear2023-10-3112704050core:WithinOneYear2022-10-3112704050core:AfterOneYear2022-10-3112704050core:ShareCapital2023-10-3112704050core:SharePremium2023-10-3112704050core:RevaluationReserve2023-10-3112704050core:OtherReservesSubtotal2023-10-3112704050core:RetainedEarningsAccumulatedLosses2023-10-3112704050core:ShareCapital2022-10-3112704050core:SharePremium2022-10-3112704050core:RevaluationReserve2022-10-3112704050core:OtherReservesSubtotal2022-10-3112704050core:RetainedEarningsAccumulatedLosses2022-10-3112704050core:LandBuildings2023-10-3112704050core:PlantMachinery2023-10-3112704050core:Vehicles2023-10-3112704050core:FurnitureFittings2023-10-3112704050core:OfficeEquipment2023-10-3112704050core:NetGoodwill2023-10-3112704050core:IntangibleAssetsOtherThanGoodwill2023-10-3112704050core:ListedExchangeTraded2023-10-3112704050core:UnlistedNon-exchangeTraded2023-10-3112704050core:LandBuildings2022-10-3112704050core:PlantMachinery2022-10-3112704050core:Vehicles2022-10-3112704050core:FurnitureFittings2022-10-3112704050core:OfficeEquipment2022-10-3112704050core:NetGoodwill2022-10-3112704050core:IntangibleAssetsOtherThanGoodwill2022-10-3112704050core:ListedExchangeTraded2022-10-3112704050core:UnlistedNon-exchangeTraded2022-10-3112704050core:LandBuildings2022-11-012023-10-3112704050core:PlantMachinery2022-11-012023-10-3112704050core:Vehicles2022-11-012023-10-3112704050core:FurnitureFittings2022-11-012023-10-3112704050core:OfficeEquipment2022-11-012023-10-3112704050core:NetGoodwill2022-11-012023-10-3112704050core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112704050core:ListedExchangeTraded2022-11-012023-10-3112704050core:UnlistedNon-exchangeTraded2022-11-012023-10-3112704050core:MoreThanFiveYears2022-11-012023-10-3112704050core:Non-currentFinancialInstruments2023-10-3112704050core:Non-currentFinancialInstruments2022-10-3112704050dpl:CostSales2022-11-012023-10-3112704050dpl:DistributionCosts2022-11-012023-10-3112704050core:LandBuildings2022-11-012023-10-3112704050core:PlantMachinery2022-11-012023-10-3112704050core:Vehicles2022-11-012023-10-3112704050core:FurnitureFittings2022-11-012023-10-3112704050core:OfficeEquipment2022-11-012023-10-3112704050dpl:AdministrativeExpenses2022-11-012023-10-3112704050core:NetGoodwill2022-11-012023-10-3112704050core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112704050dpl:GroupUndertakings2022-11-012023-10-3112704050dpl:ParticipatingInterests2022-11-012023-10-3112704050dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112704050core:ListedExchangeTraded2022-11-012023-10-3112704050dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112704050core:UnlistedNon-exchangeTraded2022-11-012023-10-3112704050dpl:CostSales2021-07-012022-10-3112704050dpl:DistributionCosts2021-07-012022-10-3112704050core:LandBuildings2021-07-012022-10-3112704050core:PlantMachinery2021-07-012022-10-3112704050core:Vehicles2021-07-012022-10-3112704050core:FurnitureFittings2021-07-012022-10-3112704050core:OfficeEquipment2021-07-012022-10-3112704050dpl:AdministrativeExpenses2021-07-012022-10-3112704050core:NetGoodwill2021-07-012022-10-3112704050core:IntangibleAssetsOtherThanGoodwill2021-07-012022-10-3112704050dpl:GroupUndertakings2021-07-012022-10-3112704050dpl:ParticipatingInterests2021-07-012022-10-3112704050dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-012022-10-3112704050core:ListedExchangeTraded2021-07-012022-10-3112704050dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-012022-10-3112704050core:UnlistedNon-exchangeTraded2021-07-012022-10-3112704050core:NetGoodwill2023-10-3112704050core:IntangibleAssetsOtherThanGoodwill2023-10-3112704050core:LandBuildings2023-10-3112704050core:PlantMachinery2023-10-3112704050core:Vehicles2023-10-3112704050core:FurnitureFittings2023-10-3112704050core:OfficeEquipment2023-10-3112704050core:AfterOneYear2023-10-3112704050core:WithinOneYear2023-10-3112704050core:ListedExchangeTraded2023-10-3112704050core:UnlistedNon-exchangeTraded2023-10-3112704050core:ShareCapital2023-10-3112704050core:SharePremium2023-10-3112704050core:RevaluationReserve2023-10-3112704050core:OtherReservesSubtotal2023-10-3112704050core:RetainedEarningsAccumulatedLosses2023-10-3112704050core:NetGoodwill2022-10-3112704050core:IntangibleAssetsOtherThanGoodwill2022-10-3112704050core:LandBuildings2022-10-3112704050core:PlantMachinery2022-10-3112704050core:Vehicles2022-10-3112704050core:FurnitureFittings2022-10-3112704050core:OfficeEquipment2022-10-3112704050core:AfterOneYear2022-10-3112704050core:WithinOneYear2022-10-3112704050core:ListedExchangeTraded2022-10-3112704050core:UnlistedNon-exchangeTraded2022-10-3112704050core:ShareCapital2022-10-3112704050core:SharePremium2022-10-3112704050core:RevaluationReserve2022-10-3112704050core:OtherReservesSubtotal2022-10-3112704050core:RetainedEarningsAccumulatedLosses2022-10-3112704050core:NetGoodwill2021-07-0112704050core:IntangibleAssetsOtherThanGoodwill2021-07-0112704050core:LandBuildings2021-07-0112704050core:PlantMachinery2021-07-0112704050core:Vehicles2021-07-0112704050core:FurnitureFittings2021-07-0112704050core:OfficeEquipment2021-07-0112704050core:AfterOneYear2021-07-0112704050core:WithinOneYear2021-07-0112704050core:ListedExchangeTraded2021-07-0112704050core:UnlistedNon-exchangeTraded2021-07-0112704050core:ShareCapital2021-07-0112704050core:SharePremium2021-07-0112704050core:RevaluationReserve2021-07-0112704050core:OtherReservesSubtotal2021-07-0112704050core:RetainedEarningsAccumulatedLosses2021-07-0112704050core:AfterOneYear2022-11-012023-10-3112704050core:WithinOneYear2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:CostValuation2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3112704050core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3112704050core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3112704050core:Non-currentFinancialInstrumentscore:CostValuation2022-10-3112704050core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-3112704050core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-3112704050bus:Director12022-11-012023-10-3112704050bus:Director22022-11-012023-10-31

FLYING GIN LIMITED

Registered Number
12704050
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

FLYING GIN LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Directors

FANNON, Stuart Michael
MONK, Colin

Registered Address

Units 1&2 Longlands Road
Bowness-On-Windermere
Windermere
LA23 3AS

Registered Number

12704050 (England and Wales)
FLYING GIN LIMITED
Statement of Financial Position
31 October 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors3180,867171,317
Cash at bank and on hand4363,522
181,303174,839
Creditors amounts falling due within one year4(233,732)(230,613)
Net current assets (liabilities)(52,429)(55,774)
Total assets less current liabilities(52,429)(55,774)
Net assets(52,429)(55,774)
Capital and reserves
Called up share capital22
Profit and loss account(52,431)(55,776)
Shareholders' funds(52,429)(55,774)
The financial statements were approved and authorised for issue by the Board of Directors on 24 March 2025, and are signed on its behalf by:
FANNON, Stuart Michael
Director
MONK, Colin
Director

Registered Company No. 12704050
FLYING GIN LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.Average number of employees

20232022
Average number of employees during the year22
3.Debtors: amounts due within one year

2023

2022

££
Amounts owed by group undertakings161,505150,839
Other debtors19,36220,478
Total180,867171,317
A deferred tax asset of £17,400 (2022: £18,500) is included in other debtors.
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables10,24419,214
Amounts owed to related parties209,398209,398
Taxation and social security12,870-
Accrued liabilities and deferred income1,2202,001
Total233,732230,613
5.Controlling party
In respect of this company, the ultimate controlling party is High Spirits Leisure Group Limited, a company registered in England and Wales under company number 10172873. As part of a small group, this company is exempt from producing group accounts. These accounts are for this company alone.