IRIS Accounts Production v22.1.4.3 08327024 Board of Directors 1.4.21 31.3.22 31.3.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083270242021-03-31083270242022-03-31083270242021-04-012022-03-31083270242020-03-31083270242020-04-012021-03-31083270242021-03-3108327024ns16:EnglandWales2021-04-012022-03-3108327024ns15:PoundSterling2021-04-012022-03-3108327024ns11:Director12021-04-012022-03-3108327024ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3108327024ns11:SmallEntities2021-04-012022-03-3108327024ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3108327024ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3108327024ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3108327024ns11:FullAccounts2021-04-012022-03-310832702412021-04-012022-03-3108327024ns11:Director22021-04-012022-03-3108327024ns11:RegisteredOffice2021-04-012022-03-3108327024ns6:CurrentFinancialInstruments2022-03-3108327024ns6:CurrentFinancialInstruments2021-03-3108327024ns6:Non-currentFinancialInstruments2022-03-3108327024ns6:Non-currentFinancialInstruments2021-03-3108327024ns6:ShareCapital2022-03-3108327024ns6:ShareCapital2021-03-3108327024ns6:RetainedEarningsAccumulatedLosses2022-03-3108327024ns6:RetainedEarningsAccumulatedLosses2021-03-3108327024ns6:NetGoodwill2021-04-012022-03-3108327024ns6:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3108327024ns6:PlantMachinery2021-04-012022-03-3108327024ns6:NetGoodwill2021-03-3108327024ns6:NetGoodwill2022-03-3108327024ns6:NetGoodwill2021-03-3108327024ns6:PlantMachinery2021-03-3108327024ns6:PlantMachinery2022-03-3108327024ns6:PlantMachinery2021-03-3108327024ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3108327024ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-31
REGISTERED NUMBER: 08327024 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

WINE POOLE LIMITED

WINE POOLE LIMITED (REGISTERED NUMBER: 08327024)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WINE POOLE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mr B K C Poole
Mrs L J Poole





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 08327024 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

WINE POOLE LIMITED (REGISTERED NUMBER: 08327024)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,936 18,123
15,936 18,123

CURRENT ASSETS
Stocks 77,156 57,840
Debtors 6 60,586 8,400
Cash at bank and in hand 52,123 81,995
189,865 148,235
CREDITORS
Amounts falling due within one year 7 107,634 71,508
NET CURRENT ASSETS 82,231 76,727
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,167

94,850

CREDITORS
Amounts falling due after more than one
year

8

(74,808

)

(92,270

)

PROVISIONS FOR LIABILITIES (3,028 ) (3,443 )
NET ASSETS/(LIABILITIES) 20,331 (863 )

CAPITAL AND RESERVES
Called up and paid share capital 100 100
Retained earnings 20,231 (963 )
SHAREHOLDERS' FUNDS 20,331 (863 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 POOLE LIMITED (REGISTERED NUMBER: 08327024)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by:





Mr B K C Poole - Director


WINE POOLE LIMITED (REGISTERED NUMBER: 08327024)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Wine Poole 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of seven years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


WINE POOLE LIMITED (REGISTERED NUMBER: 08327024)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 53,033
AMORTISATION
At 1 April 2021
and 31 March 2022 53,033
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

WINE POOLE LIMITED (REGISTERED NUMBER: 08327024)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 37,713
Additions 625
At 31 March 2022 38,338
DEPRECIATION
At 1 April 2021 19,590
Charge for year 2,812
At 31 March 2022 22,402
NET BOOK VALUE
At 31 March 2022 15,936
At 31 March 2021 18,123

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 54,282 7,695
Other debtors 6,304 705
60,586 8,400

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 82,390 44,509
Taxation and social security 11,673 5,902
Other creditors 13,571 21,097
107,634 71,508

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Other creditors 74,808 92,270