CHEERS WINE MERCHANTS LIMITED

Company Registration Number:
04952210 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

CHEERS WINE MERCHANTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

CHEERS WINE MERCHANTS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 470,634 478,479
Total fixed assets: 470,634 478,479
Current assets
Stocks: 343,207 348,333
Debtors:   227,071 139,825
Cash at bank and in hand: 955 1,030
Total current assets: 571,233 489,188
Creditors: amounts falling due within one year:   (279,999) (326,203)
Net current assets (liabilities): 291,234 162,985
Total assets less current liabilities: 761,868 641,464
Creditors: amounts falling due after more than one year:   (456,582) (340,963)
Provision for liabilities: (10,056) (6,592)
Total net assets (liabilities): 295,230 293,909
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 295,130 293,809
Shareholders funds: 295,230 293,909

The notes form part of these financial statements

CHEERS WINE MERCHANTS LIMITED

Balance sheet statements

For the year ending 28 February 2024 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 11 November 2024
and signed on behalf of the board by:

Name: Andrew Morris
Status: Director

The notes form part of these financial statements

CHEERS WINE MERCHANTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

CHEERS WINE MERCHANTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 20 20

CHEERS WINE MERCHANTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 526,299
Additions 30,398
Disposals (26,000)
At 28 February 2024 530,697
Depreciation
At 01 March 2023 47,820
Charge for year 12,243
At 28 February 2024 60,063
Net book value
At 28 February 2024 470,634
At 28 February 2023 478,479