REGISTERED NUMBER: 14839139 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Tabu Wine And Cocktail Lounge Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A Ahmeti

REGISTERED OFFICE:

Unit 7 Homelands Commercial Centre Vale

Bishops Cleeve

Cheltenham

GL52 8PX

REGISTERED NUMBER:

14839139 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Tangible assets

4

18,639

26,237

CURRENT ASSETS

Stocks

3,500

1,000

Debtors

5

15,643

14,814

Cash at bank and in hand

2,064

535

21,207

16,349

CREDITORS

Amounts falling due within one year

6

14,425

65,712

NET CURRENT ASSETS/(LIABILITIES)

6,782

(49,363

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,421

(23,126

)

CREDITORS

Amounts falling due after more than one year

7

-

49,243

NET ASSETS/(LIABILITIES)

25,421

(72,369

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

25,419

(72,371

)

25,421

(72,369

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 August 2025 and were signed by:

A Ahmeti - Director

1.	STATUTORY INFORMATION

Tabu Wine And Cocktail Lounge 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 June 2024

11,887

22,692

139

34,718

Additions

986

330

-

1,316

At 31 May 2025

12,873

23,022

139

36,034

Depreciation

At 1 June 2024

3,904

4,538

39

8,481

Charge for year

4,248

4,621

45

8,914

At 31 May 2025

8,152

9,159

84

17,395

Net book value

At 31 May 2025

4,721

13,863

55

18,639

At 31 May 2024

7,983

18,154

100

26,237

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Other debtors

15,643

14,814

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans and overdrafts

-

507

Trade creditors

124

3,423

Taxation and social security

3,899

4,561

Other creditors

10,402

57,221

14,425

65,712

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/25

31/5/24

£

£

Other creditors

-

49,243

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/5/25

31/5/24

£

£

Within one year

15,750

-

Between one and five years

78,750

-

In more than five years

32,813

-

127,313

-

9.	RELATED PARTY DISCLOSURES

A Ahmeti

Director

On 1 September 2024 the above director purchased 100% of the shares from the existing director/shareholders. At 31 May 2025 the company owed the director A Ahmeti £9,382 (2024 - £Nil).

The unsecured loan from the director is interest free and has no fixed repayment terms.