TASTE OF ALCOHOL LTD

TASTE OF ALCOHOL LTD

TASTE OF ALCOHOL LTD - Company Information

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TASTE OF ALCOHOL LTD

Company Registration Number:
SC574372 (Scotland)

Unaudited abridged accounts for the year ended 31 August 2019

Period of accounts

Start date: 01 September 2018

End date: 31 August 2019

TASTE OF ALCOHOL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2019

Balance sheet
Notes

TASTE OF ALCOHOL LTD

Balance sheet

As at 31 August 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 20,317 6,231
Total fixed assets: 20,317 6,231
Current assets
Stocks: 83,028 119,133
Debtors:   72,761 57,907
Cash at bank and in hand: 16,161 16,552
Total current assets: 171,950 193,592
Creditors: amounts falling due within one year:   (197,386) (198,438)
Net current assets (liabilities): (25,436) (4,846)
Total assets less current liabilities: (5,119) 1,385
Creditors: amounts falling due after more than one year:   (10,211)
Provision for liabilities: (3,860) (1,184)
Total net assets (liabilities): (19,190) 201
Capital and reserves
Called up share capital: 20 20
Profit and loss account: (19,210) 181
Shareholders funds: (19,190) 201

The notes form part of these financial statements

TASTE OF ALCOHOL LTD

Balance sheet statements

For the year ending 31 August 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 May 2020
and signed on behalf of the board by:

Name: Michal Ciemniewicz
Status: Director

The notes form part of these financial statements

TASTE OF ALCOHOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefullife.Plant and machinery etc - 20% on cost

TASTE OF ALCOHOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2019

2. Employees

2019 2018
Average number of employees during the period 3 2

TASTE OF ALCOHOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2019

3. Tangible Assets

Total
Cost £
At 01 September 2018 7,789
Additions 19,555
At 31 August 2019 27,344
Depreciation
At 01 September 2018 1,558
Charge for year 5,469
At 31 August 2019 7,027
Net book value
At 31 August 2019 20,317
At 31 August 2018 6,231