39257637 2024-07-01 2025-06-30 39257637 2024-07-01 2025-06-30 1 39257637 2024-07-01 2025-06-30 1 39257637 2023-07-01 2024-06-30 39257637 2025-06-30 39257637 2024-06-30 39257637 2024-07-01 d:ContributedCapitalMember 39257637 2024-07-01 d:ReserveForNetRevaluationAccordingToEquityMethodMember 39257637 2024-07-01 d:RetainedEarningsMember 39257637 2024-07-01 2025-06-30 d:ReserveForNetRevaluationAccordingToEquityMethodMember 39257637 2024-07-01 2025-06-30 d:RetainedEarningsMember 39257637 2025-06-30 d:ContributedCapitalMember 39257637 2025-06-30 d:ReserveForNetRevaluationAccordingToEquityMethodMember 39257637 2025-06-30 d:RetainedEarningsMember 39257637 2024-07-01 d:InvestmentsInGroupEnterprisesMember 39257637 2023-07-01 d:InvestmentsInGroupEnterprisesMember 39257637 2025-06-30 d:InvestmentsInGroupEnterprisesMember 39257637 2024-06-30 d:InvestmentsInGroupEnterprisesMember 39257637 2024-07-01 2025-06-30 d:InvestmentsInGroupEnterprisesMember 39257637 2023-07-01 2024-06-30 d:InvestmentsInGroupEnterprisesMember 39257637 2024-07-01 2025-06-30 d:SubsidiaryMember 1 39257637 2025-06-30 d:SubsidiaryMember 1 39257637 2024-07-01 2025-06-30 d:SubsidiaryMember 2 39257637 2025-06-30 d:SubsidiaryMember 2 39257637 2024-07-01 2025-06-30 d:SubsidiaryMember 3 39257637 2025-06-30 d:SubsidiaryMember 3 39257637 2024-07-01 2025-06-30 d:SubsidiaryMember 4 39257637 2025-06-30 d:SubsidiaryMember 4 xbrli:pure iso4217:DKK København K København Danmark Årsrapport DK The Down Under Guys ApS false Nørre Farimagsgade 45395634 Juul & Blicher Blokken 90 3460 Birkerød 2024-07-01 2025-06-30 true 2023-07-01 2024-06-30 39257637 63 1364 DK 2018-01-12 Juul & Blicher 45395634 Carsten Blicher statsautoriseret revisor Blokken 90 3460 Birkerød Danmark 2025-12-18 Jason Matthew Renwick Regnskabsklasse B Erklæring om udvidet gennemgang CaseWare-FSR false false false 7 The executive board has today discussed and approved the annual report of The Down Under Guys ApS for the financial year 1 July 2024 - 30 June 2025. The annual report is prepared in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the company's financial position at 30 June 2025 and of the results of the company's operations for the financial year 1 July 2024 - 30 June 2025. In my opinion, management's review includes a fair review of the matters dealt with in the management's review. Management recommends that the annual report should be approved by the company in general meeting. Jason Matthew Renwick Director To the shareholder of The Down Under Guys ApS Opinion We have performed extended review of the financial statements of The Down Under Guys ApS for the financial year 1 July 2024 - 30 June 2025, which comprise income statement, balance sheet, statement of changes in equi­ty and notes, including summary of significant accounting policies. The financial statements are prepared under the Danish Financial Statements Act.Based on the performed work it is our opinion, that the financial statements give a true and fair view of the com­pany's financial position at 30 June 2025 and of the results of the company's operations for the financial year 1 July 2024 - 30 June 2025 in accordance with the Danish Financial Statements Act. Basis for Opinion We conducted our extended review in accordance with the Danish Business Authority's standard on au­di­tor's re­port for small enterprises and FSR - danish auditors' standard on extended review of financial statements in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the “Auditor's responsibilities for the extended review of the financial statements” section of our report. We are independent of the company in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management is responsible for the preparation of financial statements, that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control as management determines is necessary to enable the preparation of  financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, management is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless management either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so. Our responsibility is to express a conclusion on the accompanying financial statements. This requires us to perform procedures in order to obtain limited assurance for our conclusion on these financial statements, and in addition perform specifically required supplementary procedures in order to obtain additional assurance for our conclusion.An extended review of financial statements includes procedures primarily consisting of making inquiries of management and others within the entity, as appropriate, applying analytical procedures and the specifically required supplementary procedures, and evaluating the evidence obtained.The procedures performed in an extended review are less than those performed in an audit and accordingly we do not express an audit opinion on these financial statements. Statement on management's reviewManagement is responsible for management's review.Our opinion on the financial statements does not cover management's review, and we do not express any form of assurance conclusion thereon.In connection with our extended review of the financial statements, our responsibility is to read management's review and, in doing so, consider whether management's review is materially inconsistent with the financial statements or our knowledge obtained during the extended review, or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether management's review provides the information required under the Danish Financial Statements Act.Based on the work we have performed, we conclude that management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of management's review. Birkerød 2025-12-18 Juul & Blicher Carsten Blicher statsautoriseret revisor mne16560 Business reviewThe main activity is serving as holding company for companies in the restaurant business. Financial review The company's income statement for the year ended 30 June 2025 shows a profit of DKK 1.682.504, and the balance sheet at 30 June 2025 shows equity of DKK 4.832.546. Significant events occurring after the end of the financial yearNo events have occurred after the balance sheet date which could significantly affect the company's financial position. -6250 -13250 -6250 -13250 1686475 1488098 1159 74900 0 107615 1681384 1442133 -1120 -4297 1682504 1446430 1686475 -1488098 -3971 2934528 5098389 3411914 1300000 0 6398389 3411914 6398389 3411914 4647506 3819900 2314 1194 4649820 3821094 382846 20542 5032666 3841636 11431055 7253550 50000 50000 3875017 700444 907529 2399597 4832546 3150041 22500 22500 6576009 4081009 6598509 4103509 6598509 4103509 11431055 7253550 50000 2188542 911500 1686475 -3971 50000 3875017 907529 The annual report of The Down Under Guys ApS for 2024/25 has been prepared in accordance with the provisions of the Danish Financial Statements Act ap­plying to en­ter­pri­ses of re­por­ting class B and the Ac­coun­ting Stan­dard on small en­ter­pri­ses, as well as provisions applying to reporting class C entities.The accounting policies applied are consistent with those of last year.The annual report for 2024/25 is pre­sen­ted in DKK Pursuant to sections §110 subsection 1, of the Danish Financial Statements Act, the company has not prepared consolidated financial statements. Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including amortisation, depreciation and impairment losses, are also recognised in the income statement.Assets are recognised in the balance sheet when it is probable that future economic benefits will flow to the company and the value of the asset can be measured reliably.Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow from the company and the value of the liability can be measured reliably.On initial recognition, assets and liabilities are measured at cost. On subsequent recognition, assets and liabilities are measured as described below for each individual accounting item.Certain financial assets and liabilities are measured at amortised cost using the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of the difference between the cost and the nominal amount.On recognition and measurement, allowance is made for predictable losses and risks which occur before the annual report is presented and which confirm or invalidate matters existing at the balance sheet date. In pursuance of section 32 of the Danish Financial Statements Act, the company does not disclose its revenue. Gross loss reflects an aggregation of revenue, changes in inventories of finished goods and work in progress and other operating income less costs of raw materials and consumables and other external expenses. Other external expenses include expenses related to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc. The proportionate share of the profit/loss for the year of subsidiaries is recognised in the company's income statement after full elimination of intra-group profits/losses. Financial income and expenses are recognised in the income statement at the amounts that relate to the financial year. Net financials include interest income and expenses, financial expenses relating to finance leases, realised and unrealised capital/exchange gains and losses on securities, liabilities and foreign currency transactions, amortisation of financial assets and liabilities and surcharges and allowances under the Danish Tax Prepayment Scheme, etc. The company is subject to the Danish rules on compulsory joint taxation.On payment of joint taxation contributions, the current Danish income tax is allocated between the jointly taxed entities in proportion to their taxable income. Entities with tax losses receive joint taxation contributions from entities that have been able to use tax losses to reduce their own taxable profits.Tax for the year, which comprises the current tax charge for the year and changes in the deferred tax charge, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity. Investments in subsidiaries are measured at the proportionate share of the net asset value of the entities, calculated on the basis of the group's accounting policies, plus or less unrealised intra-group gains or losses and plus or less any remaining value of goodwill stated according to the purchase method.Investments in subsidiaries are measured in the parent company financial statements using the equity method.Net revaluations of investments in subsidiaries are taken to the net revaluation reserve according to the equity method in so far as that the carrying amount exceeds the cost. Dividends from subsidiaries which are expected to be declared before the annual report of  The Down Under Guys ApS is adopted are not taken to the net revaluation reserve. Receivables are measured at amortised cost. Cash and cash equivalents comprise cash and deposits at banks. Current tax liabilities and current tax receivables are recognised in the balance sheet as the estimated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and tax paid on account.The company and all its Danish group entities are taxed on a joint basis. The current income tax charge is allocated between the jointly taxed entities relative to their taxable income. Tax losses are allocated based on the full absorption method. The jointly taxed entities are eligible for the Danish Tax Prepayment Scheme.Joint taxation contributions payable and receivable are recognised in the balance sheet as 'Joint taxation contributions receivable' or 'Joint taxation contributions payable'.Deferred tax is measured according to the liability method in respect of temporary differences between the carrying amount of assets and liabilities and their tax base, calculated on the basis of the planned use of the asset and settlement of the liability, respectively. Deferred tax is measured at net realisable value.Deferred tax is measured according to the tax rules and at the tax rates applicable in the respective countries at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax adjustments resulting from changes in tax rates are recognised in the income statement, with the exception of items taken directly to equity. Liabilities, which include trade payables, payables to group entities and other payables, are measured at amortised cost, which is usually equivalent to nominal value. 0 0 0 74900 1159 0 1159 74900 0 81182 0 26433 0 107615 -1120 -4297 1223372 1223372 1223372 1223372 2188542 700444 1686475 1488098 3875017 2188542 5098389 3411914 NameRegistered officeShare capitalOwnership interestSouls ApS/LupaCopenhagen50.000100%Souls nr ApS/ArkCopenhagen50.000100%Surf Shack ApSCopenhagen50.000100%Beyla ApSCopenhagen40.000100% Souls ApS/Lupa Copenhagen 100 Souls nr ApS/Ark Copenhagen 100 Surf Shack ApS Copenhagen 100 Beyla ApS Copenhagen 100 The company is jointly taxed with its parent company, Jason Matthew Renwick ApS (management company), and jointly and severally liable with other jointly taxed entities for payment of income taxes as well as for payment of withholding taxes on dividends, interest and royalties.