2022-04-012023-03-312023-03-31false09845090Caviste Limited2023-10-05iso4217:GBPxbrli:pure098450902022-04-01098450902023-03-31098450902022-04-012023-03-31098450902021-04-01098450902022-03-31098450902021-04-012022-03-3109845090bus:SmallEntities2022-04-012023-03-3109845090bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3109845090bus:FullAccounts2022-04-012023-03-3109845090bus:PrivateLimitedCompanyLtd2022-04-012023-03-3109845090core:WithinOneYear2023-03-3109845090core:AfterOneYear2023-03-3109845090core:WithinOneYear2022-03-3109845090core:AfterOneYear2022-03-3109845090core:ShareCapital2023-03-3109845090core:SharePremium2023-03-3109845090core:RevaluationReserve2023-03-3109845090core:OtherReservesSubtotal2023-03-3109845090core:RetainedEarningsAccumulatedLosses2023-03-3109845090core:ShareCapital2022-03-3109845090core:SharePremium2022-03-3109845090core:RevaluationReserve2022-03-3109845090core:OtherReservesSubtotal2022-03-3109845090core:RetainedEarningsAccumulatedLosses2022-03-3109845090core:LandBuildings2023-03-3109845090core:PlantMachinery2023-03-3109845090core:Vehicles2023-03-3109845090core:FurnitureFittings2023-03-3109845090core:OfficeEquipment2023-03-3109845090core:NetGoodwill2023-03-3109845090core:IntangibleAssetsOtherThanGoodwill2023-03-3109845090core:ListedExchangeTraded2023-03-3109845090core:UnlistedNon-exchangeTraded2023-03-3109845090core:LandBuildings2022-03-3109845090core:PlantMachinery2022-03-3109845090core:Vehicles2022-03-3109845090core:FurnitureFittings2022-03-3109845090core:OfficeEquipment2022-03-3109845090core:NetGoodwill2022-03-3109845090core:IntangibleAssetsOtherThanGoodwill2022-03-3109845090core:ListedExchangeTraded2022-03-3109845090core:UnlistedNon-exchangeTraded2022-03-3109845090core:LandBuildings2022-04-012023-03-3109845090core:PlantMachinery2022-04-012023-03-3109845090core:Vehicles2022-04-012023-03-3109845090core:FurnitureFittings2022-04-012023-03-3109845090core:OfficeEquipment2022-04-012023-03-3109845090core:NetGoodwill2022-04-012023-03-3109845090core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109845090core:ListedExchangeTraded2022-04-012023-03-3109845090core:UnlistedNon-exchangeTraded2022-04-012023-03-3109845090core:MoreThanFiveYears2022-04-012023-03-3109845090core:Non-currentFinancialInstruments2023-03-3109845090core:Non-currentFinancialInstruments2022-03-3109845090dpl:CostSales2022-04-012023-03-3109845090dpl:DistributionCosts2022-04-012023-03-3109845090dpl:AdministrativeExpenses2022-04-012023-03-3109845090core:LandBuildings2022-04-012023-03-3109845090core:PlantMachinery2022-04-012023-03-3109845090core:Vehicles2022-04-012023-03-3109845090core:FurnitureFittings2022-04-012023-03-3109845090core:OfficeEquipment2022-04-012023-03-3109845090core:NetGoodwill2022-04-012023-03-3109845090core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109845090dpl:GroupUndertakings2022-04-012023-03-3109845090dpl:ParticipatingInterests2022-04-012023-03-3109845090dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3109845090core:ListedExchangeTraded2022-04-012023-03-3109845090dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3109845090core:UnlistedNon-exchangeTraded2022-04-012023-03-3109845090dpl:CostSales2021-04-012022-03-3109845090dpl:DistributionCosts2021-04-012022-03-3109845090dpl:AdministrativeExpenses2021-04-012022-03-3109845090core:LandBuildings2021-04-012022-03-3109845090core:PlantMachinery2021-04-012022-03-3109845090core:Vehicles2021-04-012022-03-3109845090core:FurnitureFittings2021-04-012022-03-3109845090core:OfficeEquipment2021-04-012022-03-3109845090core:NetGoodwill2021-04-012022-03-3109845090core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3109845090dpl:GroupUndertakings2021-04-012022-03-3109845090dpl:ParticipatingInterests2021-04-012022-03-3109845090dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3109845090core:ListedExchangeTraded2021-04-012022-03-3109845090dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3109845090core:UnlistedNon-exchangeTraded2021-04-012022-03-3109845090core:NetGoodwill2023-03-3109845090core:IntangibleAssetsOtherThanGoodwill2023-03-3109845090core:LandBuildings2023-03-3109845090core:PlantMachinery2023-03-3109845090core:Vehicles2023-03-3109845090core:FurnitureFittings2023-03-3109845090core:OfficeEquipment2023-03-3109845090core:AfterOneYear2023-03-3109845090core:WithinOneYear2023-03-3109845090core:ListedExchangeTraded2023-03-3109845090core:UnlistedNon-exchangeTraded2023-03-3109845090core:ShareCapital2023-03-3109845090core:SharePremium2023-03-3109845090core:RevaluationReserve2023-03-3109845090core:OtherReservesSubtotal2023-03-3109845090core:RetainedEarningsAccumulatedLosses2023-03-3109845090core:NetGoodwill2022-03-3109845090core:IntangibleAssetsOtherThanGoodwill2022-03-3109845090core:LandBuildings2022-03-3109845090core:PlantMachinery2022-03-3109845090core:Vehicles2022-03-3109845090core:FurnitureFittings2022-03-3109845090core:OfficeEquipment2022-03-3109845090core:AfterOneYear2022-03-3109845090core:WithinOneYear2022-03-3109845090core:ListedExch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Caviste Limited

Registered Number
09845090
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

Caviste Limited
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

Mark Bedford

Registered Address

Caviste Wine & Gin Emporium Unit 2, Newlyns Farm
North Warnborough
Hook
RG29 1HA

Registered Number

09845090 (England and Wales)
Caviste Limited
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets747,77036,420
Tangible assets878,58791,292
126,357127,712
Current assets
Stocks9487,212378,981
Debtors1035,63622,167
Cash at bank and on hand9,1666,108
532,014407,256
Creditors amounts falling due within one year11(483,579)(382,511)
Net current assets (liabilities)48,43524,745
Total assets less current liabilities174,792152,457
Creditors amounts falling due after one year12(33,140)(16,252)
Net assets141,652136,205
Capital and reserves
Called up share capital200200
Share premium164,934164,934
Profit and loss account(23,482)(28,929)
Shareholders' funds141,652136,205
The financial statements were approved and authorised for issue by the Director on 5 October 2023, and are signed on its behalf by:
Mark Bedford
Director
Registered Company No. 09845090
Caviste Limited
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company in the year under review was that of retail sale of beverages in specialised stores.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Fixtures and fittings10
Vehicles4
Office Equipment3
Intangible assets policy
Intangible assets are stated at cost less amortisation. Amortisation is provided on all intangible assets on a straight-line basis over a ten-year period.
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year911
7.Intangible assets

Goodwill

Other

Total

£££
Cost or valuation
At 01 April 2280,49218,71799,209
Additions-25,61425,614
At 31 March 2380,49244,331124,823
Amortisation and impairment
At 01 April 2247,62615,16362,789
Charge for year8,0496,21514,264
At 31 March 2355,67521,37877,053
Net book value
At 31 March 2324,81722,95347,770
At 31 March 2232,8663,55436,420
8.Property, plant and equipment

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 April 22132,72120,67123,177176,569
Additions1,238-3,9315,169
At 31 March 23133,95920,67127,108181,738
Depreciation and impairment
At 01 April 2254,36120,67110,24585,277
Charge for year11,584-6,29017,874
At 31 March 2365,94520,67116,535103,151
Net book value
At 31 March 2368,014-10,57378,587
At 31 March 2278,360-12,93291,292
9.Stocks

2023

2022

££
Finished goods487,212378,981
Total487,212378,981
10.Debtors

2023

2022

££
Trade debtors / trade receivables13,938474
Other debtors7,4638,395
Prepayments and accrued income14,23513,298
Total35,63622,167
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables241,626184,195
Bank borrowings and overdrafts127,73498,095
Taxation and social security14,41914,942
Other creditors97,87981,722
Accrued liabilities and deferred income1,9213,557
Total483,579382,511
12.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts33,14016,252
Total33,14016,252