Company Registration No. NI069245 (Northern Ireland)
Neill & Company Wine Importers Ltd
Unaudited accounts
for the year ended 30 June 2023
Neill & Company Wine Importers Ltd
Unaudited accounts
Contents
Neill & Company Wine Importers Ltd
Company Information
for the year ended 30 June 2023
Company Number
NI069245 (Northern Ireland)
Registered Office
6 Ballycochran Drive
Bangor
Co Down
BT19 7LB
Accountants
Beech Accounting Ltd
185 Magheralane Road
Randalstown
Antrim
BT41 2PH
Neill & Company Wine Importers Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
5,755
5,272
Inventories
185,591
222,593
Creditors: amounts falling due within one year
(551,059)
(469,353)
Net current assets
111,657
114,764
Total assets less current liabilities
117,412
120,036
Creditors: amounts falling due after more than one year
(29,898)
(37,031)
Called up share capital
100
100
Profit and loss account
87,414
82,905
Shareholders' funds
87,514
83,005
For the year ending 30 June 2023 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 2024 and were signed on its behalf by
Robert Neill
Director
Company Registration No. NI069245
Neill & Company Wine Importers Ltd
Notes to the Accounts
for the year ended 30 June 2023
Neill & Company Wine Importers Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI069245. The registered office is 6 Ballycochran Drive, Bangor, Co Down, BT19 7LB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
786
28,745
-
29,531
At 30 June 2023
786
28,745
2,250
31,781
At 1 July 2022
756
23,503
-
24,259
Charge for the year
6
1,311
450
1,767
At 30 June 2023
762
24,814
450
26,026
At 30 June 2023
24
3,931
1,800
5,755
At 30 June 2022
30
5,242
-
5,272
Neill & Company Wine Importers Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
467,125
361,524
Amounts due from group undertakings etc.
10,000
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
36,484
10,410
Trade creditors
218,810
190,790
Amounts owed to group undertakings and other participating interests
165,322
140,965
Taxes and social security
109,508
104,194
Other creditors
5,179
6,659
Loans from directors
12,756
13,335
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).