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Company Registration No. 13900133 (England and Wales)
Slippery Drinks Ltd Unaudited accounts for the year ended 28 February 2025
Slippery Drinks Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Slippery Drinks Ltd Company Information for the year ended 28 February 2025
Directors
Elavarasan Durairaj Glen Ashley Leeson
Company Number
13900133 (England and Wales)
Registered Office
115 Hemingford Road London N1 1BZ England
Accountants
Viewpoint Partners Ltd Suite 3.06 1-3 Brixton Road London SW9 6DE
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Slippery Drinks Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
150,257
150,062
Current assets
Inventories
-
10,188
Debtors
5
1,314,564
692,083
Cash at bank and in hand
486,809
318,284
1,801,373
1,020,555
Creditors: amounts falling due within one year
6
(606,094)
(493,013)
Net current assets
1,195,279
527,542
Total assets less current liabilities
1,345,536
677,604
Creditors: amounts falling due after more than one year
7
(148,750)
(61,434)
Net assets
1,196,786
616,170
Capital and reserves
Called up share capital
8
102
102
Profit and loss account
1,196,684
616,068
Shareholders' funds
1,196,786
616,170
For the year ending 28 February 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 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 of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by
Glen Ashley Leeson Director Company Registration No. 13900133
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Slippery Drinks Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Slippery Drinks Ltd is a private company, limited by shares, registered in England and Wales, registration number 13900133. The registered office is 115 Hemingford Road, London, N1 1BZ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
has been depreciated using the straight line method over the useful life of the asset.
Plant & machinery
has been depreciated using the straight line method at 22%
Motor vehicles
has been depreciated using the straight line method at 20%
Fixtures & fittings
has been depreciated using the straight line method at 33%
Computer equipment
has been depreciated using the straight line method at 14%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 March 2024
953
134,254
40,993
40,152
2,621
218,973
Additions
19,646
34,871
-
-
291
54,808
At 28 February 2025
20,599
169,125
40,993
40,152
2,912
273,781
Depreciation
At 1 March 2024
80
45,488
5,045
17,764
534
68,911
Charge for the year
3,693
28,628
8,311
13,566
415
54,613
At 28 February 2025
3,773
74,116
13,356
31,330
949
123,524
Net book value
At 28 February 2025
16,826
95,009
27,637
8,822
1,963
150,257
At 29 February 2024
873
88,766
35,948
22,388
2,087
150,062
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Slippery Drinks Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
81,728
Accrued income and prepayments
18,277
-
Other debtors
165,938
-
184,215
81,728
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,119,083
606,889
Other debtors
11,266
3,466
1,130,349
610,355
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
176,154
159,785
Trade creditors
204,532
73,739
Taxes and social security
217,502
167,297
Other creditors
(8,329)
73,548
Loans from directors
450
450
Accruals
15,785
18,194
606,094
493,013
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
148,750
61,434
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,020,000 Ordinary shares of £0.0001 each
102
102
9
Average number of employees
During the year the average number of employees was 43 (2024: 31).
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