2022-11-01 2023-10-31 08726827 Amphora Vaults Limited false 08726827 2022-11-01 2023-10-31 08726827 uk-bus:Director1 2022-11-01 2023-10-31 08726827 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08726827 uk-bus:SmallEntities 2022-11-01 2023-10-31 08726827 uk-bus:FullAccounts 2022-11-01 2023-10-31 08726827 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08726827 2022-11-01 08726827 2023-10-31 08726827 2022-10-31 xbrli:pure iso4217:GBP 08726827 2021-11-01 2022-10-31
Company Registration Number : 08726827 (England and Wales)
08726827
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-10-31
false
Amphora Vaults Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-11-01
Amphora Vaults Limited
Unaudited filleted financial statements
For the year ended 31 October 2023
Amphora Vaults Limited
Contents
For the year ended 31 October 2023

CONTENTS PAGE
Company Information 3
Directors' Report 4
Accountant's Report 5
Statement of Financial Position 6
Notes to the Financial Statements 7 - 10


Amphora Vaults Limited
Company Information
For the year ended 31 October 2023

Company registration number 08726827 (England and Wales)
Directors David Jackson
James Grey Oliver Fletcher
Mike Steuart
Registered office address 2a Charing Cross Road
London
WC2H 0HF
UK
Trading office address 2a Charing Cross Road
London
WC2H 0HF
UK
Accountant Mike Steuart
Chartered Accountants
3 St Francis Place
Clapham, London
SW12 8ER
UK
Amphora Vaults Limited
Directors' Report
For the year ended 31 October 2023

The directors present their report and the Unaudited Financial Statements for the year ended 31 October 2023.
Principal activity
The principal activity of the company continued to be that of storage and management of fine wine .
Directors of the company
The following directors held office during the whole of the period:
David Jackson
James Grey Oliver Fletcher
Mike Steuart
Statement of directors' responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 102 1A

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Approved by the Board of directors and signed on its behalf by:
David Jackson (Director)
Date: 31 July 2024
This report was approved by the board on 2024-07-31 Date: 31 July 2024

4
Amphora Vaults Limited
Accountant's report
For the year ended 31 October 2023

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of Amphora Vaults Limited for the year ended 31 October 2023.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amphora Vaults Limited for the year ended 31 October 2023 which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Amphora Vaults Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Amphora Vaults Limited and state those matters that we have agreed to state to the Board of Directors of Amphora Vaults Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amphora Vaults Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Amphora Vaults Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Amphora Vaults Limited. You consider that Amphora Vaults Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Amphora Vaults Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Mike Steuart
Chartered Accountants
3 St Francis Place
Clapham, London

SW12 8ER
UK
2024-07-31 Date: 31 July 2024

5
Amphora Vaults Limited
Statement of Financial Position
For the year ended 31 October 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 1,183 996
6 1,183 996
Current assets
Debtors 42,307 16,739
Corporation tax receivable 275 -
Cash and cash equivalents 435 -
43,017 16,739
Current liabilities
Creditors: Amounts falling due within one year (34,413) (8,681)
(34,413) (8,681)
Net current assets/(liabilities) 8,604 8,058
Total assets less current liabilities 9,788 9,055
Net assets/(liabilities) 9,788 9,055
Capital and reserves
Called up share capital 3 3
Retained earnings 9,785 9,052
Shareholder's funds 9,788 9,055
For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 October 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 31 July 2024
.............................
David Jackson (Director)
Company registration number: 08726827
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-10-31 31 October 2023
2023 2022
£ £
Fixed Assets 1,183 996
Current Assets 43,017 16,739
Creditors: amounts falling due within one year (34,413) (8,681)
Net current assets (liabilities) 8,604 8,058
Total assets less current liabilities 9,788 9,055
Net Assets (liabilities) 9,788 9,055
Capital and Reserves 9,788 9,055
For the year ending 31/10/2023 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. For the year ending 31-10-2023 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 31 July 2024 2024-07-31 and signed on behalf of the board,
.............................
David Jackson
Director
Company registration number: 08726827
Amphora Vaults Limited
Notes to the Financial Statements
For the year ended 31 October 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 2a Charing Cross Road, London, WC2H 0HF.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Employees
During the year, the average number of employees including director was 0 (2022 : 0).

(6) Fixed assets
Tangible

£
Cost
As at 01 November 20224,300
As at 31 October 20234,300
Depreciation/Amortisation
As at 01 November 20223,304
For the year(187)
As at 31 October 20233,117
Net book value
As at 31 October 20231,183
As at 31 October 2022996