Registered number
11563623
DULWICH GIN LIMITED
Filleted Accounts
30 September 2024
DULWICH GIN LIMITED
Registered number: 11563623
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 1,440
Current assets
Debtors 4 2,657 2,426
Cash at bank and in hand 30,472 27,683
33,129 30,109
Creditors: amounts falling due within one year 5 (42,686) (45,255)
Net current liabilities (9,557) (15,146)
Net liabilities (9,557) (13,706)
Capital and reserves
Called up share capital 200 200
Profit and loss account (9,757) (13,906)
Shareholders' funds (9,557) (13,706)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A De Groose
Director
Approved by the board on 20 June 2025
DULWICH GIN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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 from 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
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.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 October 2023 7,200
At 30 September 2024 7,200
Depreciation
At 1 October 2023 5,760
Charge for the year 1,440
At 30 September 2024 7,200
Net book value
At 30 September 2024 -
At 30 September 2023 1,440
4 Debtors 2024 2023
£ £
Trade debtors 2,657 2,426
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 100 2,443
Taxation and social security costs 1,621 1,877
Other creditors 40,965 40,935
42,686 45,255
6 Controlling party
The company is under no individual control.
7 Other information
DULWICH GIN LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
59 Calton Avenue
London
United Kingdom
SE21 7DF
DULWICH GIN LIMITED 11563623 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 A De Groose No description of principal activity 11563623 2022-10-01 2023-09-30 11563623 core:WithinOneYear 2023-09-30 11563623 core:ShareCapital 2023-09-30 11563623 core:RetainedEarningsAccumulatedLosses 2023-09-30 11563623 2023-10-01 2024-09-30 11563623 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11563623 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11563623 bus:Director40 2023-10-01 2024-09-30 11563623 1 2023-10-01 2024-09-30 11563623 2 2023-10-01 2024-09-30 11563623 core:PlantMachinery 2023-10-01 2024-09-30 11563623 countries:England 2023-10-01 2024-09-30 11563623 bus:FRS102 2023-10-01 2024-09-30 11563623 bus:FilletedAccounts 2023-10-01 2024-09-30 11563623 2024-09-30 11563623 core:WithinOneYear 2024-09-30 11563623 core:ShareCapital 2024-09-30 11563623 core:RetainedEarningsAccumulatedLosses 2024-09-30 11563623 core:PlantMachinery 2024-09-30 11563623 2023-09-30 11563623 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure