LEYLAND WINE LIMITED

Company Registration Number:
07564832 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

LEYLAND WINE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

LEYLAND WINE LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 0 29,000
Tangible assets: 4 33,063 37,622
Total fixed assets: 33,063 66,622
Current assets
Stocks: 112,077 111,676
Debtors:   2,318 298,564
Cash at bank and in hand: 498,140 71,762
Total current assets: 612,535 482,002
Creditors: amounts falling due within one year: 5 (122,928) (94,612)
Net current assets (liabilities): 489,607 387,390
Total assets less current liabilities: 522,670 454,012
Creditors: amounts falling due after more than one year:   (105,513) (132,077)
Total net assets (liabilities): 417,157 321,935
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 417,156 321,934
Shareholders funds: 417,157 321,935

The notes form part of these financial statements

LEYLAND WINE LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 November 2023
and signed on behalf of the board by:

Name: Yu Chit Cheung
Status: Director

The notes form part of these financial statements

LEYLAND WINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LEYLAND WINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 6 5

LEYLAND WINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Intangible Assets

Total
Cost £
At 01 March 2022 195,000
At 28 February 2023 195,000
Amortisation
At 01 March 2022 166,000
Charge for year 29,000
At 28 February 2023 195,000
Net book value
At 28 February 2023 0
At 28 February 2022 29,000

LEYLAND WINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible Assets

Total
Cost £
At 01 March 2022 70,613
Additions 1,623
At 28 February 2023 72,236
Depreciation
At 01 March 2022 32,991
Charge for year 6,182
At 28 February 2023 39,173
Net book value
At 28 February 2023 33,063
At 28 February 2022 37,622

LEYLAND WINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

The bank loans are secured on the assets held by the company, and by personal guarantee from the Director.