REGISTERED NUMBER: 11321627 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 June 2026

for

Jolly's Drinks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Burrows

REGISTERED OFFICE:

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

REGISTERED NUMBER:

11321627 (England and Wales)

ACCOUNTANTS:

TC Bromhead Limited

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

827,425

997,807

827,425

997,807

CURRENT ASSETS

Stocks

266,654

259,155

Debtors

6

344,521

279,378

Cash at bank and in hand

91,681

30,447

702,856

568,980

CREDITORS

Amounts falling due within one year

7

709,228

635,290

NET CURRENT LIABILITIES

(6,372

)

(66,310

)

TOTAL ASSETS LESS CURRENT LIABILITIES

821,053

931,497

CREDITORS

Amounts falling due after more than one year

8

(384,868

)

(550,838

)

PROVISIONS FOR LIABILITIES

(151,774

)

(184,169

)

NET ASSETS

284,411

196,490

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

284,311

196,390

284,411

196,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2026 and were signed by:

R Burrows - Director

1.	STATUTORY INFORMATION

Jolly's Drinks Limited 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.

Turnover

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

Turnover is recognised when the goods are delivered to the customer, if orders are paid for in advance this is recognised as deferred income under creditors in the balance sheet.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

As of 30 June 2023, the goodwill has been fully amortised.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost, 25% on reducing balance, 20% on cost and 10% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2025

and 30 June 2026

5

AMORTISATION

At 1 July 2025

and 30 June 2026

5

NET BOOK VALUE

At 30 June 2026

-

At 30 June 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2025

28,442

1,626,789

1,655,231

Additions

-

66,019

66,019

Disposals

-

(60,553

)

(60,553

)

At 30 June 2026

28,442

1,632,255

1,660,697

DEPRECIATION

At 1 July 2025

8,815

648,609

657,424

Charge for year

4,063

205,204

209,267

Eliminated on disposal

-

(33,419

)

(33,419

)

At 30 June 2026

12,878

820,394

833,272

NET BOOK VALUE

At 30 June 2026

15,564

811,861

827,425

At 30 June 2025

19,627

978,180

997,807

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

303,935

249,026

Other debtors

40,586

30,352

344,521

279,378

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans and overdrafts

8,685

27,593

Hire purchase contracts

141,643

253,604

Trade creditors

203,147

151,790

Amounts owed to group undertakings

10,212

10,212

Taxation and social security

168,123

115,452

Other creditors

177,418

76,639

709,228

635,290

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Hire purchase contracts

183,171

270,723

Amounts owed to group undertakings

89,648

280,115

Other creditors

112,049

-

384,868

550,838

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.26

30.6.25

£

£

Hire purchase contracts

324,814

524,327

The borrowings are secured against the assets that are subject to the finance arrangements.