Registered number
11784967
S.I.J WINES LTD
Filleted Accounts
31 January 2023
S.I.J WINES LTD
Registered number: 11784967
Director's Report
The director presents his report and accounts for the year ended 31 January 2023.
Principal activities
The company's principal activity during the year continued to be …
Directors
The following persons served as directors during the year:
IONUT-NARCIS TIPRIGAN
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 14 November 2023 and signed on its behalf.
IONUT-NARCIS TIPRIGAN
Director
S.I.J WINES LTD
Registered number: 11784967
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Current assets
Inventories - 12,407
Cash at bank and in hand 5,874 644
5,874 13,051
Creditors: amounts falling due within one year 3 614 11,897
Net current assets 6,488 24,948
Total assets less current liabilities 6,488 24,948
Creditors: amounts falling due after more than one year 4 (38,475) (50,000)
Net liabilities (31,987) (25,052)
Capital and reserves
Share premium 1 1
Profit and loss account (31,988) (25,053)
Shareholder's funds (31,987) (25,052)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
IONUT-NARCIS TIPRIGAN
Director
Approved by the board on 14 November 2023
S.I.J WINES LTD
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
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).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 5 0
3 Creditors: amounts falling due within one year 2023 2022
£ £
Director Loan - 1,799
Bank loans and overdrafts 6,387 -
Taxation and social security costs (1,647) (311)
Other creditors (5,354) (13,385)
(614) (11,897)
4 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 38,475 50,000
5 Other information
S.I.J WINES LTD is a private company limited by shares and incorporated in England. Its registered office is:
167 WESTFERRY ROAD
FLAT 9
BOWSPRIT POINT
LONDON
E14 8NT
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