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Registered number: 09850695
Ginhouse Beverages Limited
Unaudited Financial Statements
For The Year Ended 30 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09850695
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 245 304
245 304
CURRENT ASSETS
Stocks 5 1,850 3,626
Debtors 6 14,857 9,202
Cash at bank and in hand 2,675 6,417
19,382 19,245
Creditors: Amounts Falling Due Within One Year 7 (12,349 ) (10,771 )
NET CURRENT ASSETS (LIABILITIES) 7,033 8,474
TOTAL ASSETS LESS CURRENT LIABILITIES 7,278 8,778
PROVISIONS FOR LIABILITIES
Deferred Taxation (72 ) (72 )
NET ASSETS 7,206 8,706
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 7,205 8,705
SHAREHOLDERS' FUNDS 7,206 8,706
Page 1
Page 2
For the year ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jonpaul Stanhope
Director
30/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ginhouse Beverages Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09850695 . The registered office is Gallagher House, 8-10 Market Street, Wirral, Merseyside, CH41 5ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing balance basis
Computer Equipment 25% Reducing balance basis
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: )
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 31 March 2024 581 1,263 1,844
As at 30 March 2025 581 1,263 1,844
Depreciation
As at 31 March 2024 423 1,117 1,540
Provided during the period 23 36 59
As at 30 March 2025 446 1,153 1,599
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 March 2025 135 110 245
As at 31 March 2024 158 146 304
5. Stocks
2025 2024
£ £
Finished goods 1,850 3,626
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 462 1,493
Amounts owed by participating interests 6,600 -
Other debtors 7,795 7,709
14,857 9,202
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 467 356
Bank loans and overdrafts 3,926 3,109
Amounts owed to participating interests 6,761 6,761
Other creditors 1,195 545
12,349 10,771
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4