REGISTERED NUMBER: 11100350 (England and Wales)

Financial Statements for the Year Ended 30 December 2024

for

Singer Beverages Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Wang

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

11100350 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

107,081

126,806

CURRENT ASSETS

Debtors

5

79,351

34,834

Cash at bank

45,596

69,045

124,947

103,879

CREDITORS

Amounts falling due within one year

6

165,759

176,262

NET CURRENT LIABILITIES

(40,812

)

(72,383

)

TOTAL ASSETS LESS CURRENT LIABILITIES

66,269

54,423

CREDITORS

Amounts falling due after more than one year

7

83,112

118,445

NET LIABILITIES

(16,843

)

(64,022

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(16,845

)

(64,024

)

SHAREHOLDERS' FUNDS

(16,843

)

(64,022

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2024 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 14 August 2025 and were signed by:

Mr S Wang - Director

1.	STATUTORY INFORMATION

Singer Beverages 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.

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.

Short leasehold

-

Straight line over 5 years

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

Government grants

Government grants represents income received in the form of council grants from the london borough of Newham.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 31 December 2023

40,506

132,459

116,806

3,292

293,063

Additions

-

2,463

-

-

2,463

At 30 December 2024

40,506

134,922

116,806

3,292

295,526

DEPRECIATION

At 31 December 2023

26,385

73,032

65,633

1,207

166,257

Charge for year

4,707

9,284

7,676

521

22,188

At 30 December 2024

31,092

82,316

73,309

1,728

188,445

NET BOOK VALUE

At 30 December 2024

9,414

52,606

43,497

1,564

107,081

At 30 December 2023

14,121

59,427

51,173

2,085

126,806

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.24

30.12.23

£

£

Trade debtors

1,911

-

Other debtors

77,440

34,834

79,351

34,834

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.24

30.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

-

13,559

Trade creditors

20,528

4,765

Taxation and social security

109,464

116,359

Other creditors

25,767

31,579

165,759

176,262

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.12.24

30.12.23

£

£

Bank loans

5,000

15,000

Other creditors

78,112

103,445

83,112

118,445

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 December 2024 and 30 December 2023:

30.12.24

30.12.23

£

£

Mr S Wang

Balance outstanding at start of year

32,541

(41,712

)

Amounts advanced

77,165

88,556

Amounts repaid

(85,349

)

(14,303

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

24,357

32,541

9.	RELATED PARTY DISCLOSURES

The director Mr. S Wang is considered to be key management personnel.