REGISTERED NUMBER: SC203859 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

DRINX.COM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S King

Ms A J McCall

SECRETARY:

S King

REGISTERED OFFICE:

Summit House

4-5 Mitchell Street

Edinburgh

Dumfries & Galloway

EH6 7BD

REGISTERED NUMBER:

SC203859 (Scotland)

ACCOUNTANTS:

Mitchells Grievson Limited

Kensington House

3 Kensington

Bishop Auckland

Co. Durham

DL14 6HX

FIXED ASSETS

Intangible assets

4

7,630

9,831

Tangible assets

5

29,230

31,537

36,860

41,368

CURRENT ASSETS

Stocks

737,780

644,554

Debtors

6

102,929

117,196

Cash at bank

1,357

8,331

842,066

770,081

CREDITORS

Amounts falling due within one year

7

515,957

463,115

NET CURRENT ASSETS

326,109

306,966

TOTAL ASSETS LESS CURRENT LIABILITIES

362,969

348,334

CREDITORS

Amounts falling due after more than one year

8

(1,914

)

(11,261

)

PROVISIONS FOR LIABILITIES

(7,307

)

(7,884

)

NET ASSETS

353,748

329,189

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

253,748

229,189

SHAREHOLDERS' FUNDS

353,748

329,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Ms A J McCall - Director

1.	STATUTORY INFORMATION

Drinx.com Limited is a private company, limited by shares , registered in Scotland. 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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

44,020

AMORTISATION

At 1 May 2024

34,189

Amortisation for year

2,201

At 30 April 2025

36,390

NET BOOK VALUE

At 30 April 2025

7,630

At 30 April 2024

9,831

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

26,401

6,434

137,865

170,700

Additions

-

2,229

-

2,229

At 30 April 2025

26,401

8,663

137,865

172,929

DEPRECIATION

At 1 May 2024

-

6,434

132,729

139,163

Charge for year

-

371

4,165

4,536

At 30 April 2025

-

6,805

136,894

143,699

NET BOOK VALUE

At 30 April 2025

26,401

1,858

971

29,230

At 30 April 2024

26,401

-

5,136

31,537

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,758

21,644

Other debtors

98,171

95,552

102,929

117,196

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,943

234

Trade creditors

258,664

260,698

Taxation and social security

106,020

93,641

Other creditors

131,330

108,542

515,957

463,115

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,914

11,261

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

18,000

18,500