Company Registration No. 10792580 (England and Wales)
Chill Wine Bar Limited
Unaudited accounts
for the year ended 31 May 2023
Chill Wine Bar Limited
Unaudited accounts
Contents
Chill Wine Bar Limited
Company Information
for the year ended 31 May 2023
Company Number
10792580 (England and Wales)
Registered Office
50 WERGS ROAD
TETTENHALL
WOLVERHAMPTON
WV6 8TD
UNITED KINGDOM
Accountants
Mike Chapman Associates Ltd
36 Wyndley Grove
Sutton Coldfield
West Midlands
B72 1AR
Chill Wine Bar Limited
Statement of financial position
as at 31 May 2023
Tangible assets
86,547
96,392
Cash at bank and in hand
28,872
29,644
Creditors: amounts falling due within one year
(62,787)
(70,449)
Net current liabilities
(31,084)
(38,343)
Called up share capital
1
1
Profit and loss account
55,462
58,048
Shareholders' funds
55,463
58,049
For the year ending 31 May 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 13 February 2024 and were signed on its behalf by
Mohamed Camara
Director
Company Registration No. 10792580
Chill Wine Bar Limited
Notes to the Accounts
for the year ended 31 May 2023
Chill Wine Bar Limited is a private company, limited by shares, registered in England and Wales, registration number 10792580. The registered office is 50 WERGS ROAD, TETTENHALL, WOLVERHAMPTON, WV6 8TD, UNITED KINGDOM.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2022
52,501
15,150
60,050
24,147
339
152,187
Additions
-
1,500
-
-
-
1,500
At 31 May 2023
52,501
16,650
60,050
24,147
339
153,687
At 1 June 2022
-
11,801
26,272
17,463
259
55,795
Charge for the year
-
1,210
8,444
1,671
20
11,345
At 31 May 2023
-
13,011
34,716
19,134
279
67,140
At 31 May 2023
52,501
3,639
25,334
5,013
60
86,547
At 31 May 2022
52,501
3,349
33,778
6,684
80
96,392
Chill Wine Bar Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
19,500
25,500
Obligations under finance leases and hire purchase contracts
22,197
29,595
Trade creditors
4,124
5,677
Taxes and social security
11,219
3,509
Other creditors
1,236
2,866
Loans from directors
237
(1,487)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).