Company Registration No. 10977323 (England and Wales)
SK WINE AND FOOD LIMITED
Unaudited accounts
for the year ended 30 September 2022
SK WINE AND FOOD LIMITED
Unaudited accounts
Contents
SK WINE AND FOOD LIMITED
Company Information
for the year ended 30 September 2022
Company Number
10977323 (England and Wales)
Registered Office
121 BEAVERS LANE
HOUNSLOW
TW4 6HF
ENGLAND
SK WINE AND FOOD LIMITED
Statement of financial position
as at 30 September 2022
Intangible assets
150,000
150,000
Tangible assets
62,838
68,860
Inventories
105,000
105,000
Cash at bank and in hand
6,541
9,412
Creditors: amounts falling due within one year
(65,869)
(48,905)
Net current assets
122,672
77,507
Total assets less current liabilities
335,510
296,367
Creditors: amounts falling due after more than one year
(222,303)
(219,036)
Called up share capital
100
100
Profit and loss account
113,107
77,231
Shareholders' funds
113,207
77,331
For the year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2023 and were signed on its behalf by
Paramjeet Singh
Director
Company Registration No. 10977323
SK WINE AND FOOD LIMITED
Notes to the Accounts
for the year ended 30 September 2022
SK WINE AND FOOD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10977323. The registered office is 121 BEAVERS LANE, HOUNSLOW, TW4 6HF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Written down value
Fixtures & fittings
10% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 30 September 2022
150,000
At 30 September 2022
150,000
At 30 September 2021
150,000
SK WINE AND FOOD LIMITED
Notes to the Accounts
for the year ended 30 September 2022
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2021
29,825
50,000
79,825
At 30 September 2022
29,825
50,000
79,825
At 1 October 2021
5,965
5,000
10,965
Charge for the year
4,772
1,250
6,022
At 30 September 2022
10,737
6,250
16,987
At 30 September 2022
19,088
43,750
62,838
At 30 September 2021
23,860
45,000
68,860
Amounts falling due within one year
Trade debtors
12,000
12,000
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
7,456
7,456
Taxes and social security
13,413
6,449
Other creditors
35,000
25,000
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
15,636
22,369
Other creditors
160,000
160,000
Loans from directors
20,000
-
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Average number of employees
During the year the average number of employees was 4 (2021: 4).