PHILIPPINE WINES & SPIRITS LTD

Company Registration Number:
12758136 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

PHILIPPINE WINES & SPIRITS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PHILIPPINE WINES & SPIRITS LTD

Company Information

for the Period Ended 31 July 2024




Director: Genesis Gonzales
Samuel Lojo
Registered office: 64
Goods Station Road
Tunbridge Wells
England
TN1 2DB
Company Registration Number: 12758136 (England and Wales)

PHILIPPINE WINES & SPIRITS LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 90 180
Total fixed assets: 90 180
Current assets
Stocks: 2,675
Debtors: 5 5
Cash at bank and in hand: 352 8,379
Total current assets: 352 11,059
Net current assets (liabilities): 352 11,059
Total assets less current liabilities: 442 11,239
Creditors: amounts falling due after more than one year: 6 ( 4,302 ) ( 23,636 )
Accruals and deferred income: ( 500 ) ( 500 )
Total net assets (liabilities): ( 4,360 ) ( 12,897 )

The notes form part of these financial statements

PHILIPPINE WINES & SPIRITS LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 4,362 ) ( 12,899 )
Shareholders funds: ( 4,360 ) ( 12,897 )

For the year ending 31 July 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 March 2025
And Signed On Behalf Of The Board By:

Name: Genesis Gonzales
Status: Director

Name: Samuel Lojo
Status: Director

The notes form part of these financial statements

PHILIPPINE WINES & SPIRITS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Total Sales minus the VAT element

    Tangible fixed assets depreciation policy

    Straight line - 25 %

PHILIPPINE WINES & SPIRITS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

PHILIPPINE WINES & SPIRITS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

PHILIPPINE WINES & SPIRITS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 August 2023 270 270
Additions 0 0
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 270 270
Depreciation
At 01 August 2023 90 90
Charge for year 90 90
On disposals - -
Other adjustments - -
At 31 July 2024 180 180
Net book value
At 31 July 2024 90 90
At 31 July 2023 180 180

PHILIPPINE WINES & SPIRITS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors


2024
£

2023
£
Other debtors 5
Total 5

PHILIPPINE WINES & SPIRITS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 4,302 23,636
Total 4,302 23,636

Director's Loan
Genesis Gonzales £4,302