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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
Page
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SK WINE AND FOOD LIMITED Company Information for the year ended 30 September 2022
Director
Paramjeet Singh
Company Number
10977323 (England and Wales)
Registered Office
121 BEAVERS LANE HOUNSLOW TW4 6HF ENGLAND
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SK WINE AND FOOD LIMITED Statement of financial position as at 30 September 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
150,000 
150,000 
Tangible assets
62,838 
68,860 
212,838 
218,860 
Current assets
Inventories
105,000 
105,000 
Debtors
77,000 
12,000 
Cash at bank and in hand
6,541 
9,412 
188,541 
126,412 
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)
Net assets
113,207 
77,331 
Capital and reserves
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
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SK WINE AND FOOD LIMITED Notes to the Accounts for the year ended 30 September 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2021
150,000 
At 30 September 2022
150,000 
Amortisation
At 1 October 2021
- 
At 30 September 2022
- 
Net book value
At 30 September 2022
150,000 
At 30 September 2021
150,000 
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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 
Depreciation
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 
Net book value
At 30 September 2022
19,088 
43,750 
62,838 
At 30 September 2021
23,860 
45,000 
68,860 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,000 
12,000 
Other debtors
65,000 
- 
77,000 
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 
65,869 
48,905 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
26,667 
36,667 
Obligations under finance leases and hire purchase contracts
15,636 
22,369 
Other creditors
160,000 
160,000 
Loans from directors
20,000 
- 
222,303 
219,036 
9
Average number of employees
During the year the average number of employees was 4 (2021: 4).
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