ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 11619217

DELICIOUS DRAMS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2025

DELICIOUS DRAMS LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 6

DELICIOUS DRAMS LIMITED

REGISTERED NUMBER: 11619217

BALANCE SHEET

AS AT 31 OCTOBER 2025

		2025		2024
Note		£		£


Current assets
Stocks		181,451		181,451
Debtors: amounts falling due within one year	3	171		171
Cash at bank and in hand	4	513		513
		182,135		182,135
Creditors: amounts falling due within one year	5	(121,977)		(121,977)
Net current assets			60,158		60,158
Total assets less current liabilities			60,158		60,158
Creditors: amounts falling due after more than one year	6		(88,496)		(88,496)

Net liabilities			(28,338)		(28,338)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(28,438)	(28,438)
Total equity	(28,338)	(28,338)

Page 1

DELICIOUS DRAMS LIMITED

REGISTERED NUMBER: 11619217

BALANCE SHEET (CONTINUED)

AS AT 31 OCTOBER 2025

For the year ended 31 October 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 income and retained earnings 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:

................................................

A Harris

Director

Date: 12 October 2026

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

Page 2

DELICIOUS DRAMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

Delicious Drams Limited is a private company, limited by shares, incorporated in England and Wales. The registered office Aston House, Cornwall Avenue, London N3 1LF

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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 financial statements are presented in Sterling (£), which is the functional currency of the entity.

2.2

Going concern

The director considers it appropriate to prepare the financial statements on a going concern basis.
The company continues to pay its debts as they fall due and retains the support of the directors and shareholders.

2.3

Borrowing costs

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

2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.5

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.

2.6

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.

Page 3

DELICIOUS DRAMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 4

DELICIOUS DRAMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

Debtors

					2025	2024
					£	£


Other debtors	171	171

4.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	513	513

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	120,786	120,786
Accruals and deferred income	1,191	1,191
	121,977	121,977

Page 5

DELICIOUS DRAMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	9,596	9,596
Other creditors	78,900	78,900
	88,496	88,496

The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:
	2025	2024
	£	£

Repayable by instalments	9,596	9,596
Repayable other than by instalments	78,900	78,900
	88,496	88,496

The director is of the opinion that in regards to the loan of £78,900, the creditor has breached the conditions of the loan and accordingly the loan is not repayable, and this has been formally notified to the creditor.



Amounts falling due 2-5 years
Bank loans	9,596	9,596
	9,596	9,596

	9,596	9,596

Page 6