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REGISTERED NUMBER: 09894996 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Juice Sauz Ltd

Juice Sauz Ltd (Registered number: 09894996)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Juice Sauz Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: L M Chapman
Mrs J R Chapman





REGISTERED OFFICE: Jarvis House
Sadler Road
Lincoln
LN6 3RS





REGISTERED NUMBER: 09894996 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Juice Sauz Ltd (Registered number: 09894996)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 293,052 222,347
Tangible assets 5 1,087,996 473,516
1,381,048 695,863

CURRENT ASSETS
Stocks 1,366,688 842,738
Debtors 6 1,021,206 885,434
Cash at bank and in hand 319,541 364,781
2,707,435 2,092,953
CREDITORS
Amounts falling due within one year 7 1,327,722 810,791
NET CURRENT ASSETS 1,379,713 1,282,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,760,761

1,978,025

CREDITORS
Amounts falling due after more than one
year

8

(325,907

)

(248,663

)

PROVISIONS FOR LIABILITIES (247,178 ) (111,815 )
NET ASSETS 2,187,676 1,617,547

CAPITAL AND RESERVES
Called up share capital 11 1 1
Non-distributable reserves 12 2,901 948
Retained earnings 12 2,184,774 1,616,598
SHAREHOLDERS' FUNDS 2,187,676 1,617,547

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

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

The directors acknowledge their 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.

Juice Sauz Ltd (Registered number: 09894996)

Balance Sheet - continued
30 November 2024


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 Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by:





Mrs J R Chapman - Director


Juice Sauz Ltd (Registered number: 09894996)

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

1. STATUTORY INFORMATION

Juice Sauz Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their useful life of ten years.

Brands are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 - 33% on cost and 20% on cost
Motor vehicles - 25% on cost

Assets classified as Plant and machinery are valued on an open market value based by the directors of the company. The directors consider the second hand market value of the assets held at the balance sheet date when assessing this.

The valuations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period. An increase in value is credited to the revaluation reserve except to the extent that it reverses a previous revaluation decrease related to the same asset that was recognised in the income statement. Similarly, revaluation decreases are recognised in the revaluation reserves to the extent that they equal gains previously recognised in respect of the same asset. Thereafter any excess is recognised as an expense in the income statement.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only 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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.


Juice Sauz Ltd (Registered number: 09894996)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 36 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2023 477,235
Additions 137,880
At 30 November 2024 615,115
AMORTISATION
At 1 December 2023 254,888
Charge for year 67,175
At 30 November 2024 322,063
NET BOOK VALUE
At 30 November 2024 293,052
At 30 November 2023 222,347

Juice Sauz Ltd (Registered number: 09894996)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 December 2023 269,634 142,553 166,464 578,651
Additions 408,194 278,294 41,531 728,019
Disposals (2,214 ) (19,016 ) (41,531 ) (62,761 )
At 30 November 2024 675,614 401,831 166,464 1,243,909
DEPRECIATION
At 1 December 2023 - 79,612 25,523 105,135
Charge for year - 44,666 23,027 67,693
Eliminated on disposal - (14,650 ) (2,265 ) (16,915 )
At 30 November 2024 - 109,628 46,285 155,913
NET BOOK VALUE
At 30 November 2024 675,614 292,203 120,179 1,087,996
At 30 November 2023 269,634 62,941 140,941 473,516

Cost or valuation at 30 November 2024 is represented by:

Plant and
machinery
etc
£   
Valuation in 2021 11,281
Valuation in 2022 (14,589 )
Valuation in 2023 4,256
Cost 1,242,961
1,243,909

If plant and machinery had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,246,123 309,702
Aggregate depreciation 158,177 127,788

Plant and machinery was valued on an open market basis on 30 November 2024 by the directors .

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 199,141 223,847
Other debtors 803,555 211,900
1,002,696 435,747

Amounts falling due after more than one year:
Trade debtors 18,510 449,687

Aggregate amounts 1,021,206 885,434

Juice Sauz Ltd (Registered number: 09894996)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases (see note 9) 103,329 40,944
Trade creditors 1,041,940 506,921
Amounts owed to group undertakings - 5,727
Taxation and social security 79,193 161,203
Other creditors 103,260 95,996
1,327,722 810,791

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Finance leases (see note 9) 228,074 98,759
Other creditors 97,833 149,904
325,907 248,663

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases
2024 2023
£    £   
Net obligations repayable:
Within one year 103,329 40,944
Between one and five years 228,074 98,759
331,403 139,703

Non-cancellable operating leases
2024 2023
£    £   
Within one year 123,396 123,396
Between one and five years 480,000 480,000
In more than five years 1,670,000 1,790,000
2,273,396 2,393,396

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Finance leases 331,403 139,703

Obligations under finance leases are secured on the assets to which they relate.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
99 Ordinary A. 1p 1 1

Juice Sauz Ltd (Registered number: 09894996)

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

12. RESERVES
Retained Non-distributable
earnings reserves Totals
£    £    £   

At 1 December 2023 1,616,598 948 1,617,546
Profit for the year 570,129 570,129
Reserve transfer (1,953 ) 1,953 -
At 30 November 2024 2,184,774 2,901 2,187,675

13. CONTINGENT LIABILITIES

Group borrowings have been secured byway of a fixed and floating charge against current and future assets of the company.

14. RELATED PARTY DISCLOSURES

The following amounts were due at the reporting date:

Amounts due from related parties20242023
£ £
Entities held under common control to the entity18,510449,687

These amounts are not subject to interest on the outstanding balance.

15. ULTIMATE CONTROLLING PARTY

The company is controlled by JR Chapman by virtue of her shareholding in TCF Group Ltd, the parent company of Juice Sauz Ltd.