| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2024 |
| for |
| MONGOOSE BREWING COMPANY LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2024 |
| for |
| MONGOOSE BREWING COMPANY LIMITED |
| MONGOOSE BREWING COMPANY LIMITED (REGISTERED NUMBER: 07105472) |
| Contents of the Financial Statements |
| for the year ended 30 September 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| MONGOOSE BREWING COMPANY LIMITED |
| Company Information |
| for the year ended 30 September 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Global House |
| 303 Ballards Lane |
| London |
| N12 8NP |
| MONGOOSE BREWING COMPANY LIMITED (REGISTERED NUMBER: 07105472) |
| Statement of Financial Position |
| 30 September 2024 |
| 30/9/24 | 30/9/23 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings | 7 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| MONGOOSE BREWING COMPANY LIMITED (REGISTERED NUMBER: 07105472) |
| Notes to the Financial Statements |
| for the year ended 30 September 2024 |
| 1. | STATUTORY INFORMATION |
| Mongoose Brewing Company Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are provided to the customer. |
| Going concern |
| At the balance sheet date, the company's liabilities exceeded its assets by £124,838. However £141,964 is owed to companies under the common control of the directors/shareholders. The company has received assurance from the directors and shareholders that they will continue to give financial support to the company for twelve months from the date of signing these financial statements. The directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to made to reduce the value of the assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Trade debtors |
| Amounts owed by participating interests | 6,434 | 6,435 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Shareholder's Loan | 99,000 | 99,000 |
| Amounts owed to participating interests | 42,651 | 42,651 |
| Directors' current accounts | 313 | 313 |
| MONGOOSE BREWING COMPANY LIMITED (REGISTERED NUMBER: 07105472) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2024 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30/9/24 | 30/9/23 |
| value: | £ | £ |
| Ordinary | 1 | 1,000 | 1,000 |
| 7. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 October 2023 | ( |
) |
| Deficit for the year | ( |
) |
| At 30 September 2024 | ( |
) |
| 8. | RELATED PARTY DISCLOSURES |
| The related entities, together with outstanding balances as at 30 September 2024 are as follows: |
| IntercompanyLoa n |
S'holders Loan |
Total |
| £ | £ | £ |
| Gandhi Oriental Foods Ltd | (42,651 | ) | (99,000 | ) | (141,651 | ) |
| Gandhi Wine Suppliers Ltd | 6,434 | - | 6,434 |
| Loan from shareholders are unsecured and interest free. |
| Included within other creditors there is a directors loan of £313 (2023 - £313). |