Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-315No description of principal activity2023-11-01false5falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07821337 2023-11-01 2024-10-31 07821337 2022-11-01 2023-10-31 07821337 2024-10-31 07821337 2023-10-31 07821337 c:Director1 2023-11-01 2024-10-31 07821337 d:PlantMachinery 2023-11-01 2024-10-31 07821337 d:PlantMachinery 2024-10-31 07821337 d:PlantMachinery 2023-10-31 07821337 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07821337 d:MotorVehicles 2023-11-01 2024-10-31 07821337 d:MotorVehicles 2024-10-31 07821337 d:MotorVehicles 2023-10-31 07821337 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07821337 d:FurnitureFittings 2023-11-01 2024-10-31 07821337 d:OfficeEquipment 2023-11-01 2024-10-31 07821337 d:OfficeEquipment 2024-10-31 07821337 d:OfficeEquipment 2023-10-31 07821337 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07821337 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07821337 d:CurrentFinancialInstruments 2024-10-31 07821337 d:CurrentFinancialInstruments 2023-10-31 07821337 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 07821337 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07821337 d:ShareCapital 2024-10-31 07821337 d:ShareCapital 2023-10-31 07821337 d:RetainedEarningsAccumulatedLosses 2024-10-31 07821337 d:RetainedEarningsAccumulatedLosses 2023-10-31 07821337 c:FRS102 2023-11-01 2024-10-31 07821337 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07821337 c:FullAccounts 2023-11-01 2024-10-31 07821337 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07821337 2 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 07821337









JONNY COCKTAIL EVENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
JONNY COCKTAIL EVENTS LIMITED
REGISTERED NUMBER: 07821337

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,023
20,950

  
14,023
20,950

Current assets
  

Stocks
  
3,000
3,000

Debtors: amounts falling due within one year
 5 
31,251
38,145

Cash at bank and in hand
 6 
352,045
339,223

  
386,296
380,368

Creditors: amounts falling due within one year
 7 
(99,972)
(158,249)

Net current assets
  
 
 
286,324
 
 
222,119

Total assets less current liabilities
  
300,347
243,069

Provisions for liabilities
  

Deferred tax
  
(3,105)
(3,980)

  
 
 
(3,105)
 
 
(3,980)

Net assets
  
297,242
239,089


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
297,142
238,989

  
297,242
239,089

Page 1

 
JONNY COCKTAIL EVENTS LIMITED
REGISTERED NUMBER: 07821337
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 April 2025.




................................................
Jonathan Horkin
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
JONNY COCKTAIL EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Jonny Cocktail Limited is a private company limited by shares, registered in the United Kingdom number 07821337. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
JONNY COCKTAIL EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 4

 
JONNY COCKTAIL EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
Straight Line
Motor vehicles
-
25%
Reducing Balance
Fixtures and fittings
-
15%
Reducing Balance
Office equipment
-
15%
Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
JONNY COCKTAIL EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.14

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 6

 
JONNY COCKTAIL EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 November 2023
1,000
28,410
12,384
41,794


Disposals
-
(5,500)
-
(5,500)



At 31 October 2024

1,000
22,910
12,384
36,294



Depreciation


At 1 November 2023
75
13,771
6,998
20,844


Charge for the year on owned assets
139
2,886
808
3,833


Disposals
-
(2,406)
-
(2,406)



At 31 October 2024

214
14,251
7,806
22,271



Net book value



At 31 October 2024
786
8,659
4,578
14,023



At 31 October 2023
925
14,639
5,386
20,950


5.


Debtors

2024
2023
£
£


Trade debtors
26,741
35,533

Other debtors
1,898
-

Prepayments and accrued income
2,612
2,612

31,251
38,145


Page 7

 
JONNY COCKTAIL EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
352,045
339,223

352,045
339,223



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
476
8,424

Trade creditors
1,000
-

Corporation tax
21,620
20,780

Other taxation and social security
18,514
23,104

Other creditors
50,392
97,310

Accruals and deferred income
7,970
8,631

99,972
158,249


 
Page 8