REGISTERED NUMBER: 12178709 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Gill Drinks Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Gurjit Gill

Mr Arjinder Gill

REGISTERED OFFICE:

50 Dysart Way

Leicester

England

LE1 2JY

REGISTERED NUMBER:

12178709 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Tangible assets

4

30,433

30,738

CURRENT ASSETS

Stocks

444,506

440,000

Debtors

5

39,882

97,703

Cash at bank and in hand

65,515

50,835

549,903

588,538

CREDITORS

Amounts falling due within one year

6

506,424

513,522

NET CURRENT ASSETS

43,479

75,016

TOTAL ASSETS LESS CURRENT LIABILITIES

73,912

105,754

CREDITORS

Amounts falling due after more than one year

7

40,230

73,872

NET ASSETS

33,682

31,882

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

33,680

31,880

SHAREHOLDERS' FUNDS

33,682

31,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 19 May 2026 and were signed on its behalf by:

Mr Arjinder Gill - Director

1.	STATUTORY INFORMATION

Gill Drinks 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.

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.

Plant and machinery etc

-

25% on reducing balance

Stocks

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

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 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

56,229

Additions

8,091

At 31 August 2025

64,320

DEPRECIATION

At 1 September 2024

25,491

Charge for year

8,396

At 31 August 2025

33,887

NET BOOK VALUE

At 31 August 2025

30,433

At 31 August 2024

30,738

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

17,277

75,880

Other debtors

22,605

21,823

39,882

97,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

9,878

9,878

Trade creditors

160,492

127,407

Taxation and social security

1,998

2,113

Other creditors

334,056

374,124

506,424

513,522

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

40,230

73,872

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

2

Ordinery

£1

2

2