REGISTERED NUMBER: 05275452 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

ON THE ROCKS (LONDON) LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J B Evans

Mr B Evans

SECRETARY:

Mr J B Evans

REGISTERED OFFICE:

1 Kings Avenue

London

N21 3NA

REGISTERED NUMBER:

05275452 (England and Wales)

ACCOUNTANTS:

AGK Partners

Chartered Accountants

1 Kings Avenue

Winchmore Hill

London

N21 3NA

PROPERTY, PLANT AND EQUIPMENT

Intangible assets

4

37,500

40,000

Tangible assets

5

129,088

144,726

166,588

184,726

CURRENT ASSETS

Stocks

6,520

2,839

Debtors

6

103,303

149,600

Cash at bank

47,946

7,851

157,769

160,290

CREDITORS

Amounts falling due within one year

7

252,975

200,767

NET CURRENT LIABILITIES

(95,206

)

(40,477

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,382

144,249

CREDITORS

Amounts falling due after more than one year

8

-

(7,563

)

PROVISIONS FOR LIABILITIES

10

(23,522

)

(26,182

)

NET ASSETS

47,860

110,504

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

47,760

110,404

47,860

110,504

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 29 July 2026 and were signed on its behalf by:

Mr J B Evans - Director

1.	STATUTORY INFORMATION

On The Rocks (London) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting

estimates are recognised in the period in which the estimate is revised where the revision affects only that

period or in the period of the revision and future periods where the revision affects both current and future

periods.

There are significant judgements and estimates involved in the preparation of the financial statements.

Turnover

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

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 has been provided at the following rates in order to write off the assets over their estimated useful lives.

Intangible assets - 5% on straight line

The company has adopted the policy of not amortising the assets in the first year, however full amortisation is

provided in the year of disposal

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment

losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short leasehold - 10% on straight line

Fixtures and fittings - 20% on reducing balance

The company has adopted the policy of not depreciating the assets in the first year, however full depreciation is provided in the year of disposal.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Operating leases

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.

Cash and cash equivalent

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

50,000

AMORTISATION

At 1 November 2024

10,000

Charge for year

2,500

At 31 October 2025

12,500

NET BOOK VALUE

At 31 October 2025

37,500

At 31 October 2024

40,000

5.	TANGIBLE FIXED ASSETS

Improvement

to

Fixtures

leasehold

and

Property

fittings

Totals

£

£

£

COST

At 1 November 2024

50,000

189,559

239,559

Additions

-

5,070

5,070

At 31 October 2025

50,000

194,629

244,629

DEPRECIATION

At 1 November 2024

10,000

84,833

94,833

Charge for year

5,000

15,708

20,708

At 31 October 2025

15,000

100,541

115,541

NET BOOK VALUE

At 31 October 2025

35,000

94,088

129,088

At 31 October 2024

40,000

104,726

144,726

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,175

7,823

Other debtors

86,128

141,777

103,303

149,600

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,500

9,999

Trade creditors

41,292

39,888

Taxation and social security

182,975

143,063

Other creditors

21,208

7,817

252,975

200,767

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

7,563

9.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

152,500

152,500

Between one and five years

610,000

610,000

In more than five years

305,000

457,500

1,067,500

1,220,000

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

23,522

26,182

Deferred

tax

£

Balance at 1 November 2024

26,182

Credit to Income Statement during year

(2,660

)

Balance at 31 October 2025

23,522

11.	RELATED PARTY DISCLOSURES

Included in other debtors less than one year is an amount of £48,014 (2024: £70,214) due from the connected companies having common directorships and shareholding. This amount is provided interest free and recoverable on demand.

Included in other creditors less than one year is an amount of £8,762 (2024: £Nil) due to the connected company having common directorships and shareholding. This amount is provided interest free and repayable on demand.