Icenine Drinks Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12072348

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,597		559

			3,597		559
CURRENT ASSETS
Debtors	5	5,462		3,447
Cash at bank and in hand		64,175		27,631

		69,637		31,078
Creditors: Amounts Falling Due Within One Year	6	(22,703 )		(21,796 )

NET CURRENT ASSETS (LIABILITIES)			46,934		9,282

TOTAL ASSETS LESS CURRENT LIABILITIES			50,531		9,841

Creditors: Amounts Falling Due After More Than One Year	7		-		(35,000 )

NET ASSETS/(LIABILITIES)			50,531		(25,159 )

CAPITAL AND RESERVES
Called up share capital	8		152		138
Share premium account			274,910		149,942
Profit and Loss Account			(224,531 )		(175,239 )

SHAREHOLDERS' FUNDS			50,531		(25,159)

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Icenine Drinks Ltd

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Maximillian Edward Medhurst

Director

4th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Icenine Drinks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12072348 . The registered office is Unit 23 The Cobalt Building 1600 Eureka Park, Lower Pemberton,, Ashford, Kent, England, TN25 4BF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	3 Years
Plant & Machinery	5 Years

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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Icenine Drinks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 July 2024	-	714	714
Additions	1,841	1,449	3,290

As at 30 June 2025	1,841	2,163	4,004

Depreciation
As at 1 July 2024	-	155	155
Provided during the period	51	201	252

As at 30 June 2025	51	356	407

Net Book Value
As at 30 June 2025	1,790	1,807	3,597

As at 1 July 2024	-	559	559

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,728	947
Other debtors	2,500	2,500
VAT	234	-

	5,462	3,447

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	519	-
Other taxes and social security	1,251	966
VAT	-	127
Other creditors	10,434	171
Directors' loan accounts	10,499	20,532

	22,703	21,796

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Icenine Drinks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Advance Subscriptions Agreements	-	35,000

Advance Subscriptions

The Company entered into an Advance Subscription Agreements (ASA).

Under the terms of the ASAs, the Company is obligated to issue shares upon the occurrence of certain conditions, as specified

in the agreements. As at the balance sheet date, the conditions for the issuance and allotment of shares under the ASAs were met during the year. Therefore, the £35,000 was utilised against issuance of shares.

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
139,843 Ordinary Shares of £ 0.001 each	140	126
12,220 Ordinary B shares of £ 0.001 each	12	12

	152	138


Shares issued during the period:	£
13,508 Ordinary Shares of £ 0.001 each	14

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