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YES TQUILA LIMITED

Registered Number
09402070
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

YES TQUILA LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

HUTCHINSON, Mark Edward John
MCHUGH, Pauline Bridget

Registered Address

1-3 Heathmans Road
London
SW6 4TJ

Registered Number

09402070 (England and Wales)
YES TQUILA LIMITED
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3516843
Investments4100100
616943
Current assets
Debtors40,663644,036
Cash at bank and on hand83,77973,866
124,442717,902
Creditors amounts falling due within one year(540,747)(1,212,314)
Net current assets (liabilities)(416,305)(494,412)
Total assets less current liabilities(415,689)(493,469)
Creditors amounts falling due after one year(5,000)(25,000)
Net assets(420,689)(518,469)
Capital and reserves
Called up share capital11
Profit and loss account(420,690)(518,470)
Shareholders' funds(420,689)(518,469)
The financial statements were approved and authorised for issue by the Board of Directors on 3 May 2025, and are signed on its behalf by:
MCHUGH, Pauline Bridget
Director
Registered Company No. 09402070
YES TQUILA LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

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.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Land and buildings5
Plant and machinery5
Fixtures and fittings10
Vehicles4
Office Equipment4
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 2426,224
Disposals(25,504)
At 31 December 24720
Depreciation and impairment
At 01 January 2425,381
Charge for year144
On disposals(25,321)
At 31 December 24204
Net book value
At 31 December 24516
At 31 December 23843
4.Fixed asset investments

Total

£
Cost or valuation
At 01 January 24100
At 31 December 24100
Net book value
At 31 December 24100
At 31 December 23100