Registration number: 14452225 (England and Wales)
Maharaja Drinks Emporium Limited
for the Year Ended 30 June 2026
Maharaja Drinks Emporium Limited
Contents
|
Company Information |
|
|
Statement of Financial Position |
|
|
Notes to the Unaudited Financial Statements |
Maharaja Drinks Emporium Limited
Company Information
|
Directors |
Ipe Jacob Adam Rahul Valliapeedikayil Jacob Annabel Jane Jamieson |
|
Registered office |
|
|
Accountants |
|
Maharaja Drinks Emporium Limited
(Registration number: 14452225)
Statement of Financial Position as at 30 June 2026
|
Note |
2026 |
2025 |
|
|
Fixed assets |
|||
|
Intangible assets |
|
|
|
|
Tangible assets |
- |
|
|
|
|
|
||
|
Current assets |
|||
|
Stocks |
|
|
|
|
Debtors |
|
|
|
|
Cash at bank and in hand |
|
|
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net current assets/(liabilities) |
|
( |
|
|
Total assets less current liabilities |
|
( |
|
|
Creditors: Amounts falling due after more than one year |
- |
( |
|
|
Net assets/(liabilities) |
|
( |
|
|
Capital and reserves |
|||
|
Called up share capital |
|
|
|
|
Retained earnings |
( |
( |
|
|
Shareholders' funds/(deficit) |
|
( |
For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Maharaja Drinks Emporium Limited
(Registration number: 14452225)
Statement of Financial Position as at 30 June 2026
Approved and authorised by the
|
......................................... |
Maharaja Drinks Emporium Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales, registration number 14452225.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
The presentation currency of the financial statements is GBP sterling (£).
|
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Maharaja Drinks Emporium Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026
|
2 |
Accounting policies (continued) |
Foreign currency transactions and balances
Tangible assets
All fixed assets are initially recorded at cost. Equipment is used in the company's principal activity for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Computer equipment -3 years (life expectancy)
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.
Amortisation is calculated so as to write off the cost of intangible assets over their estimated residual value.
Website Platform - 5 years (life expectancy)
Stocks
Stock is valued at the lower of cost and estimated selling price. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price is derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.
When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
Maharaja Drinks Emporium Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026
|
2 |
Accounting policies (continued) |
Funding Structure
In view of the company’s successful market development to date and likely future needs the shareholders have arranged for the shareholder loan of £400,000 at the beginning of the year to be converted into equity capital, the interest accrued on that loan to be waived, and further share capital of £1m to be introduced.
Charitable Donations
The Company is committed to its Rule of One initiative, under which it donates 1% of the value of all sales to charitable causes that benefit communities connected with its producers and suppliers in India, recognising the important contribution these communities make to the Company's success.
During the year ended 30 June 2026, the Company made a charitable donation of £1,000 to Pratham UK, a registered charity that supports educational opportunities for disadvantaged children and young people in India.
The Directors resolved to make a voluntary donation of £1,000 during the year. This amount exceeded the minimum contribution that would have arisen under the Company's Rule of One commitment based on sales for the period and reflects the Company's ongoing commitment to supporting the communities connected with its producers and suppliers. The donation has been recognised within administrative expenses in the Statement of Profit and Loss.
|
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Maharaja Drinks Emporium Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026
|
Intangible assets |
|
Other intangible assets |
Total |
|
|
Cost or valuation |
||
|
At 1 July 2025 |
|
|
|
At 30 June 2026 |
|
|
|
Amortisation |
||
|
At 1 July 2025 |
|
|
|
Amortisation charge |
|
|
|
At 30 June 2026 |
|
|
|
Carrying amount |
||
|
At 30 June 2026 |
|
|
|
At 30 June 2025 |
|
|
Maharaja Drinks Emporium Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026
|
Tangible assets |
|
Office equipment |
Total |
|
|
Cost or valuation |
||
|
At 1 July 2025 |
|
|
|
At 30 June 2026 |
|
|
|
Depreciation |
||
|
At 1 July 2025 |
|
|
|
Charge for the year |
|
|
|
At 30 June 2026 |
|
|
|
Carrying amount |
||
|
At 30 June 2026 |
- |
- |
|
At 30 June 2025 |
|
|
|
Stocks |
|
2026 |
2025 |
|
|
Trading stock |
|
|
|
Debtors |
|
Current |
2026 |
2025 |
|
Trade debtors |
|
- |
|
Other debtors |
|
|
|
|
|
Maharaja Drinks Emporium Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026
|
Creditors |
Creditors: amounts falling due within one year
|
2026 |
2025 |
|
|
Due within one year |
||
|
Trade creditors |
|
|
|
Accruals and deferred income |
|
|
|
Other creditors |
|
|
|
|
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Creditors: amounts falling due after more than one year
|
2026 |
2025 |
|
|
Due after one year |
||
|
Other financial liabilities |
- |
|