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REGISTERED NUMBER: 04886536 (England and Wales)


Financial Statements for the Year Ended 31 March 2018

for

Wine Express (Crawley) Limited

Wine Express (Crawley) Limited (Registered number: 04886536)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Wine Express (Crawley) Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mr Ashwinkumar Patel
Mr Anilkumar Patel





SECRETARY: Mr Ashwinkumar Patel





REGISTERED OFFICE: Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 04886536 (England and Wales)





ACCOUNTANTS: Desai & Co Accountants
Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD

Wine Express (Crawley) Limited (Registered number: 04886536)

Statement of Financial Position
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,606 40,863

CURRENT ASSETS
Stocks 5 119,935 116,640
Debtors 6 15,933 12,652
Cash at bank and in hand 37,447 52,084
173,315 181,376
CREDITORS
Amounts falling due within one year 7 95,899 101,993
NET CURRENT ASSETS 77,416 79,383
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,022

120,246

CREDITORS
Amounts falling due after more than one
year

8

32,670

-
NET ASSETS 105,352 120,246

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 104,352 119,246
SHAREHOLDERS' FUNDS 105,352 120,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

Wine Express (Crawley) Limited (Registered number: 04886536)

Statement of Financial Position - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 November 2018 and were signed on
its behalf by:





Mr Anilkumar Patel - Director


Wine Express (Crawley) Limited (Registered number: 04886536)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Wine Express (Crawley) Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Imprvmts
to Fixtures
Short leasehold and Motor
leasehold property fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2017 22,796 48,637 69,960 - 141,393
Additions - - - 35,660 35,660
At 31 March 2018 22,796 48,637 69,960 35,660 177,053
DEPRECIATION
At 1 April 2017 22,433 22,695 55,402 - 100,530
Charge for year 121 3,242 3,639 8,915 15,917
At 31 March 2018 22,554 25,937 59,041 8,915 116,447
NET BOOK VALUE
At 31 March 2018 242 22,700 10,919 26,745 60,606
At 31 March 2017 363 25,942 14,558 - 40,863

Wine Express (Crawley) Limited (Registered number: 04886536)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. STOCKS
31.3.18 31.3.17
£    £   
Stocks 119,935 116,640

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Unexpired Interest 2,041 -
Prepayments 13,892 12,652
15,933 12,652

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 754 9,884
Corporation Tax 8,078 7,313
Social security and other taxes 14 -
Value Added Tax 3,893 7,440
Directors' current accounts 80,827 77,231
Accrued expenses 2,333 125
95,899 101,993

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 32,670 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
1,000 Ordinary £1 1,000 1,000

Wine Express (Crawley) Limited (Registered number: 04886536)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

10. RESERVES
Retained
earnings
£   

At 1 April 2017 119,246
Profit for the year 25,106
Dividends (40,000 )
At 31 March 2018 104,352

Wine Express (Crawley) Limited

Report of the Accountants to the Directors of
Wine Express (Crawley) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Statement of Financial Position. Readers are cautioned that the Income
Statement and certain other primary statements and the Report of the Directors are not required to
be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Desai & Co Accountants
Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD


Date: .............................................