IRIS Accounts Production v25.1.0.734 10894208 Board of Directors 1.9.23 31.8.24 31.8.24 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108942082023-08-31108942082024-08-31108942082023-09-012024-08-31108942082022-08-31108942082022-09-012023-08-31108942082023-08-3110894208ns15:EnglandWales2023-09-012024-08-3110894208ns14:PoundSterling2023-09-012024-08-3110894208ns10:Director12023-09-012024-08-3110894208ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110894208ns10:SmallEntities2023-09-012024-08-3110894208ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3110894208ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110894208ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110894208ns10:AbridgedAccounts2023-09-012024-08-311089420812023-09-012024-08-3110894208ns10:Director22023-09-012024-08-3110894208ns10:Director32023-09-012024-08-3110894208ns10:Director42023-09-012024-08-3110894208ns10:Director52023-09-012024-08-3110894208ns10:RegisteredOffice2023-09-012024-08-3110894208ns5:CurrentFinancialInstruments2024-08-3110894208ns5:CurrentFinancialInstruments2023-08-3110894208ns5:Non-currentFinancialInstruments2024-08-3110894208ns5:Non-currentFinancialInstruments2023-08-3110894208ns5:ShareCapital2024-08-3110894208ns5:ShareCapital2023-08-3110894208ns5:SharePremium2024-08-3110894208ns5:SharePremium2023-08-3110894208ns5:RetainedEarningsAccumulatedLosses2024-08-3110894208ns5:RetainedEarningsAccumulatedLosses2023-08-3110894208ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3110894208ns5:ComputerEquipment2023-09-012024-08-31
REGISTERED NUMBER: 10894208 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Drinkfinger Ltd

Drinkfinger Ltd (Registered number: 10894208)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Drinkfinger Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: O J Elsden
C J Elsden
W M Ings
M Ings
R I Sharpe





REGISTERED OFFICE: 7 Bell Yard
London
United Kingdom
WC2A 2JR





REGISTERED NUMBER: 10894208 (England and Wales)






Drinkfinger Ltd (Registered number: 10894208)

Abridged Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 9,509 19,505
Tangible assets 5 58 116
Investments 6 30 30
9,597 19,651

CURRENT ASSETS
Debtors 42,055 33,569
Cash at bank 10,667 54,977
52,722 88,546
CREDITORS
Amounts falling due within one year 58,057 23,503
NET CURRENT (LIABILITIES)/ASSETS (5,335 ) 65,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,262

84,694

CREDITORS
Amounts falling due after more than one
year

7

14,019

17,099
NET (LIABILITIES)/ASSETS (9,757 ) 67,595

CAPITAL AND RESERVES
Called up share capital 108 108
Share premium 369,934 369,934
Retained earnings (379,799 ) (302,447 )
(9,757 ) 67,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Drinkfinger Ltd (Registered number: 10894208)

Abridged Balance Sheet - continued
31 August 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





W M Ings - Director


Drinkfinger Ltd (Registered number: 10894208)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Drinkfinger 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.

Preparation of consolidated financial statements
The financial statements contain information about Drinkfinger Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Patents and licences
Separately aquired trademarks and licences are shown at historical cost. Trademarks, licences and customer-related intangible assets aquired in a business combination are recognised at fair value at the aquisition date. Trademarks, licences and customer related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation is provided on intangible assets less any estimated residual value over their useful life as follows:
Development costs - Over 5 years
Trademarks - over 10 years
Design rights - over 5 years

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basic financial instrument transactions in accordance with Section 11. Financial assets and liabilities are measured at cost and financial assets are assessed at the end of each reporting period for objective evidence of impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Drinkfinger Ltd (Registered number: 10894208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
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 - 1 ).

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 91,977
AMORTISATION
At 1 September 2023 72,472
Amortisation for year 9,996
At 31 August 2024 82,468
NET BOOK VALUE

At 31 August 2024 9,509
At 31 August 2023 19,505

Drinkfinger Ltd (Registered number: 10894208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 231
DEPRECIATION
At 1 September 2023 115
Charge for year 58
At 31 August 2024 173
NET BOOK VALUE
At 31 August 2024 58
At 31 August 2023 116

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 September 2023
and 31 August 2024 30
NET BOOK VALUE
At 31 August 2024 30
At 31 August 2023 30

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.8.24 31.8.23
£    £   
Repayable by instalments
Bank loans more 5 yr by instal - 884