IRIS Accounts Production v23.2.0.158 09413008 director 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure094130082022-01-31094130082023-01-31094130082022-02-012023-01-31094130082021-01-31094130082021-02-012022-01-31094130082022-01-3109413008ns16:EnglandWales2022-02-012023-01-3109413008ns15:PoundSterling2022-02-012023-01-3109413008ns11:Director12022-02-012023-01-3109413008ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3109413008ns11:SmallEntities2022-02-012023-01-3109413008ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3109413008ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3109413008ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3109413008ns11:FullAccounts2022-02-012023-01-3109413008ns11:OrdinaryShareClass12022-02-012023-01-3109413008ns11:RegisteredOffice2022-02-012023-01-3109413008ns6:CurrentFinancialInstruments2023-01-3109413008ns6:CurrentFinancialInstruments2022-01-3109413008ns6:Non-currentFinancialInstruments2023-01-3109413008ns6:Non-currentFinancialInstruments2022-01-3109413008ns6:ShareCapital2023-01-3109413008ns6:ShareCapital2022-01-3109413008ns6:RetainedEarningsAccumulatedLosses2023-01-3109413008ns6:RetainedEarningsAccumulatedLosses2022-01-3109413008ns6:FurnitureFittings2022-02-012023-01-3109413008ns6:ComputerEquipment2022-02-012023-01-3109413008ns6:FurnitureFittings2022-01-3109413008ns6:ComputerEquipment2022-01-3109413008ns6:FurnitureFittings2023-01-3109413008ns6:ComputerEquipment2023-01-3109413008ns6:FurnitureFittings2022-01-3109413008ns6:ComputerEquipment2022-01-3109413008ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2023-01-3109413008ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-01-3109413008ns11:OrdinaryShareClass12023-01-3109413008ns6:RetainedEarningsAccumulatedLosses2022-01-3109413008ns6:RetainedEarningsAccumulatedLosses2022-02-012023-01-31
REGISTERED NUMBER: 09413008 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

ISABELLA'S WINE BAR LIMITED

ISABELLA'S WINE BAR LIMITED (REGISTERED NUMBER: 09413008)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ISABELLA'S WINE BAR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mr A Atilmis





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 09413008 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

ISABELLA'S WINE BAR LIMITED (REGISTERED NUMBER: 09413008)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,591 5,708

CURRENT ASSETS
Stocks 5 500 500
Cash at bank and in hand 125,360 158,627
125,860 159,127
CREDITORS
Amounts falling due within one year 6 58,023 78,440
NET CURRENT ASSETS 67,837 80,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,428

86,395

CREDITORS
Amounts falling due after more than one
year

7

29,149

38,684
NET ASSETS 47,279 47,711

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 47,179 47,611
SHAREHOLDERS' FUNDS 47,279 47,711

ISABELLA'S WINE BAR LIMITED (REGISTERED NUMBER: 09413008)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 25 April 2023 and were signed by:





Mr A Atilmis - Director


ISABELLA'S WINE BAR LIMITED (REGISTERED NUMBER: 09413008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Isabella's Wine Bar 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 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.

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
Computer equipment - 33% on cost

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 1 ) .

ISABELLA'S WINE BAR LIMITED (REGISTERED NUMBER: 09413008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 February 2022 10,808 2,654 13,462
Additions 6,250 - 6,250
At 31 January 2023 17,058 2,654 19,712
Depreciation
At 1 February 2022 5,613 2,141 7,754
Charge for year 2,861 506 3,367
At 31 January 2023 8,474 2,647 11,121
Net book value
At 31 January 2023 8,584 7 8,591
At 31 January 2022 5,195 513 5,708

5. STOCKS
2023 2022
£    £   
Stocks 500 500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,833 5,833
Trade creditors 8,752 8,478
Tax 6,195 10,970
VAT 3,100 2,155
Directors' current accounts 32,233 49,280
Accruals and deferred income 1,910 1,724
58,023 78,440

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 29,149 38,684

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

ISABELLA'S WINE BAR LIMITED (REGISTERED NUMBER: 09413008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


9. RESERVES
Retained
earnings
£   

At 1 February 2022 47,611
Profit for the year 4,968
Dividends (5,400 )
At 31 January 2023 47,179