Company Registration No. 13805783 (England and Wales)
Drink Well 02 Ltd
Unaudited accounts
for the year ended 31 December 2024
Drink Well 02 Ltd
Unaudited accounts
Contents
Drink Well 02 Ltd
Company Information
for the year ended 31 December 2024
Company Number
13805783 (England and Wales)
Registered Office
320 BAKER STREET
ENFIELD
EN1 3LH
ENGLAND
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Drink Well 02 Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
13,448
16,400
Cash at bank and in hand
15,167
14,182
Creditors: amounts falling due within one year
(8,464)
(26,563)
Net current assets
15,238
215
Called up share capital
100
100
Profit and loss account
28,586
16,515
Shareholders' funds
28,686
16,615
For the year ending 31 December 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 September 2025 and were signed on its behalf by
Mr M Kirby
Director
Company Registration No. 13805783
Drink Well 02 Ltd
Notes to the Accounts
for the year ended 31 December 2024
Drink Well 02 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13805783. The registered office is 320 BAKER STREET, ENFIELD, EN1 3LH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% - Reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Drink Well 02 Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2024
20,000
At 31 December 2024
13,448
At 31 December 2023
16,400
Amounts falling due within one year
Accrued income and prepayments
-
3,771
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,142
3,874
Loans from directors
1,570
18,816
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included within other creditors is an amount of £1,570 (2023;£18,816) due to its directors. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).