Fine Drinks Cooperative Limited - Period Ending 2022-03-31

Fine Drinks Cooperative Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

Fine Drinks Cooperative Limited

(Registration number: 08610694)
Balance Sheet as at 31 March 2022

	Note	2022 £	2021 £
Current assets
Debtors	4	113,079	113,082
Cash at bank and in hand		7,183	8,126
		120,262	121,208
Creditors: Amounts falling due within one year	5	(156,986)	(156,362)
Net liabilities		(36,724)	(35,154)
Capital and reserves
Called up share capital	6	101	101
Retained earnings		(36,825)	(35,255)
Shareholders' deficit		(36,724)	(35,154)

For the financial year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 31 August 2022 and signed on its behalf by:
 

Mr A Stones Director

Fine Drinks Cooperative Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Business Centre
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 31 August 2022.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2021 - 2).

4

Debtors

Current	2022 £	2021 £
Other debtors	113,079	113,082

Fine Drinks Cooperative Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

5

Creditors

Creditors: amounts falling due within one year

	Note	2022 £	2021 £
Due within one year
Loans and borrowings	7	27,015	26,391
Trade creditors		129,471	129,471
Accruals and deferred income		500	500
		156,986	156,362

6	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary of £0.01 each	10,000	100	10,000	100
A - F Ordinary of £0.01 each	100	1	100	1
	10,100	101	10,100	101

7	Loans and borrowings

	2022 £	2021 £
Current loans and borrowings
Other borrowings	27,015	26,391