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Company Registration No. 12774204 (England and Wales)
THE SOURCING TABLE LTD Unaudited accounts for the year ended 31 March 2024
THE SOURCING TABLE LTD Unaudited accounts Contents
Page
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THE SOURCING TABLE LTD Company Information for the year ended 31 March 2024
Directors
Benedict Jon Michael Henshaw William Peter Burgess
Company Number
12774204 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
Accountants
SyK Management Consulting Limited 2A Thornton Road London SW14 8NS
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THE SOURCING TABLE LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
560 
730 
Current assets
Inventories
56,973 
45,685 
Debtors
51,908 
14,398 
Cash at bank and in hand
738 
2,714 
109,619 
62,797 
Creditors: amounts falling due within one year
(196,040)
(177,025)
Net current liabilities
(86,421)
(114,228)
Net liabilities
(85,861)
(113,498)
Capital and reserves
Called up share capital
68 
68 
Profit and loss account
(85,929)
(113,566)
Shareholders' funds
(85,861)
(113,498)
For the year ending 31 March 2024 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 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 of Directors and authorised for issue on 14 September 2024 and were signed on its behalf by
William Peter Burgess Director Company Registration No. 12774204
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THE SOURCING TABLE LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
THE SOURCING TABLE LTD is a private company, limited by shares, registered in England and Wales, registration number 12774204. The registered office is 124 City Road, London, EC1V 2NX, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Fixtures & fittings
Straight line over 3 years
Computer equipment
Straight line over 3 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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THE SOURCING TABLE LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
2,086 
963 
3,049 
At 31 March 2024
2,086 
963 
3,049 
Depreciation
At 1 April 2023
1,632 
687 
2,319 
Charge for the year
116 
54 
170 
At 31 March 2024
1,748 
741 
2,489 
Net book value
At 31 March 2024
338 
222 
560 
At 31 March 2023
454 
276 
730 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,779 
12,653 
Amounts due from group undertakings etc.
68 
- 
Accrued income and prepayments
2,818 
1,023 
Other debtors
33,243 
722 
51,908 
14,398 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,824 
3,874 
Trade creditors
182,628 
128,301 
Taxes and social security
1,946 
5,315 
Other creditors
- 
27,397 
Loans from directors
38 
- 
Accruals
1,604 
12,138 
196,040 
177,025 
Included within trade creditors is an amount of £156,124 (2023: £199,514) repayable to the parent Company Indigo Wine Limited.
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
68 Ordinary shares of £1 each
68 
68 
8
Transactions with related parties
At the balance sheet date, the Company owed £38 to W Burgess, a director.
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THE SOURCING TABLE LTD Notes to the Accounts for the year ended 31 March 2024
9
Controlling party
The immediate parent company is Indigo Wine Limited, a company incorporated in the United Kingdom, whose registered office address is 10 Orange Street, London, United Kingdom, WC2H 7DQ. Director Ben Jon Michael Henshaw is the ultimate controlling party because of his majority shareholding in Indigo Wine Limited.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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