Fine Drinks Investments Limited - Period Ending 2023-11-30
Fine Drinks Investments Limited - Period Ending 2023-11-30
Registration number:
Fine Drinks Investments Limited
for the Year Ended 30 November 2023
Fine Drinks Investments Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Fine Drinks Investments Limited
(Registration number: 08793693)
Balance Sheet as at 30 November 2023
Note |
2023 |
2022 |
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Current assets |
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Debtors |
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Other financial assets |
99,189 |
111,181 |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
( |
( |
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Retained earnings |
( |
( |
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Shareholders' deficit |
( |
( |
For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
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
......................................... |
Fine Drinks Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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 sales/value added tax, returns, rebates and discounts.
Fine Drinks Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Other financial assets (current and non-current) |
2023 |
2022 |
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Current financial assets |
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Financial assets at fair value through profit and loss |
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Debtors |
Current |
2023 |
2022 |
Other debtors |
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Creditors |
Creditors: amounts falling due within one year
Note |
2023 |
2022 |
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Due within one year |
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Bank overdraft and loans |
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trade creditors |
- |
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Accruals and deferred income |
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Other creditors |
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Fine Drinks Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
|
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|
200 |
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200 |
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|
100 |
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100 |
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Loans and borrowings |
2023 |
2022 |
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Current loans and borrowings |
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Directors loan account |
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