ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 09686225

GORGEOUS BARS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2026

GORGEOUS BARS LIMITED

REGISTERED NUMBER: 09686225

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026


	2026	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	3,879		3,450
Cash at bank and in hand	5	-		66
		3,879		3,516
Creditors: amounts falling due within one year	6	(469,259)		(434,941)
Net current liabilities			(465,380)		(431,425)
Total assets less current liabilities			(465,380)		(431,425)
Creditors: amounts falling due after more than one year	7		-		(30,891)

Net liabilities			(465,380)		(462,316)

Capital and reserves
Called up share capital	9	100	100
Profit and loss account		(465,480)	(462,416)
		(465,380)	(462,316)

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GORGEOUS BARS LIMITED

REGISTERED NUMBER: 09686225

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

R P Laub

Director

Date: 20 October 2026

The notes on pages 3 to 6 form part of these financial statements.

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GORGEOUS BARS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

1.	General information

Gorgeous Bars Limited is a private company, limited by shares and incorporated in England and Wales (registered number 09686225). The registered office address is 101 New Cavendish Street, London, W1W 6XH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is
dependent on the directors and shareholders for financial support, which the directors are confident
will continue for a period of at least another 12 months following the approval of these financial
statements.

As at 31 January 2026, the company had net liabilities of £465,380. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors considers it appropriate to prepare the financial statements on the going concern basis.

The financial statements do not reflect any adjustments that would result from a withdrawal of
financial support by the directors and shareholder.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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GORGEOUS BARS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 2 (2024 - 2).

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GORGEOUS BARS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

Debtors


					2026	2024
					£	£


Amounts owed by group undertakings	100	101
Other debtors	3,779	3,349
	3,879	3,450

Cash at bank and in hand	-	66
Less: bank overdrafts	(17)	-
	(17)	66

Bank overdrafts	17	-
Other loans	1,087	-
Amounts owed to group undertakings	34,985	-
Other creditors	429,920	431,691
Accruals and deferred income	3,250	3,250
	469,259	434,941

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GORGEOUS BARS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

Other loans	-	30,891
	-	30,891

Amounts falling due within one year
Other loans	1,087	-
	1,087	-

Amounts falling due 2-5 years
Other loans	-	30,891
	-	30,891

	1,087	30,891

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

10.	Controlling party and ultimate parent

The ultimate parent company is Gorgeous Holdings Limited and its registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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