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REGISTERED NUMBER: 07105472 (England and Wales)















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: J.C. Gandhi
K.A. Mody





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 07105472 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
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 16,842 16,843
Cash at bank 284 351
17,126 17,194
CREDITORS
Amounts falling due within one year 5 (141,964 ) (141,964 )
NET CURRENT LIABILITIES (124,838 ) (124,770 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(124,838

)

(124,770

)

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 7 (125,838 ) (125,770 )
SHAREHOLDERS' FUNDS (124,838 ) (124,770 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





K.A. Mody - Director


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 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.

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 10,408 10,408
Amounts owed by participating interests 6,434 6,435
16,842 16,843

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
141,964 141,964

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: £    £   
1,000 Ordinary 1 1,000 1,000

7. RESERVES
Retained
earnings
£   

At 1 October 2023 (125,770 )
Deficit for the year (68 )
At 30 September 2024 (125,838 )

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).