REGISTERED NUMBER: 09267898 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

LEMONAID BEVERAGES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Warowioff

REGISTERED OFFICE:

The Trampery

239 Old Street

London

EC1V 9EY

REGISTERED NUMBER:

09267898 (England and Wales)

AUDITORS:

Xeinadin Audit Ltd

12 Conqueror Ct

Sittingbourne

Kent

ME10 5BH

FIXED ASSETS

Tangible assets

4

10,935

11,297

CURRENT ASSETS

Stocks

126,742

150,071

Debtors

5

334,885

340,613

Cash at bank and in hand

116,600

250,943

578,227

741,627

CREDITORS

Amounts falling due within one year

6

660,675

848,222

NET CURRENT LIABILITIES

(82,448

)

(106,595

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(71,513

)

(95,298

)

CREDITORS

Amounts falling due after more than one year

7

194,124

315,812

NET LIABILITIES

(265,637

)

(411,110

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(265,638

)

(411,111

)

(265,637

)

(411,110

)

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 30 September 2025 and were signed by:

J Warowioff - Director

1.	STATUTORY INFORMATION

Lemonaid Beverages 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company had no other material transactions in the period that were not concluded under normal market conditions.

Critical accounting judgements and key sources of estimation uncertainty

In the course of preparing the financial statements, no judgements have been made in the process of applying the accounting policies other than those involving estimations that have had a significant effect on the amounts recognised in the financial statements. The estimations relate to the rate of depreciation and the valuation of stock.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

The Company has transferred the significant risks and rewards of ownership to the buyer;

The Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

The amount of revenue can be measured reliably;

It is probable that the Company will receive the consideration due under the transaction; and

The costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Stocks are stated at selling price, less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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

Notwithstanding that the company has net liabilities of £265,637 (2023: £464,897) the financial statements have been prepared on a going concern basis.

The directors have considered the company's future trading prospects, its working capital requirements and cashflows.

Actions, including cost reductions, have been taken to secure business cash flows while the company have also been assured of continued financial support being made available by the parent company.

On this basis the directors have concluded the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

60,642

Additions

13,422

Disposals

(12,735

)

At 31 December 2024

61,329

DEPRECIATION

At 1 January 2024

49,345

Charge for year

6,038

Eliminated on disposal

(4,989

)

At 31 December 2024

50,394

NET BOOK VALUE

At 31 December 2024

10,935

At 31 December 2023

11,297

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

241,116

246,958

Other debtors

93,769

93,655

334,885

340,613

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

154

Trade creditors

384,037

493,750

Amounts owed to group undertakings

113,695

113,695

Taxation and social security

57,785

163,199

Other creditors

105,158

77,424

660,675

848,222

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to group undertakings

194,124

315,812

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rosanna Turner ACA DChA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Ltd

9.	CONTROLLING PARTY

The company is controlled by Lemonaid Beverages GMBH, who own 100% of the issued share capital. The registered address of the parent company is Lemonaid Beverages Gmbh, Neuer Kamp 31, 20359 Hamburg

Germany.