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Company Registration No. 08102621 (England and Wales)
Wine Selection Ltd Unaudited accounts for the year ended 30 June 2024
Wine Selection Ltd Unaudited accounts Contents
Page
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Wine Selection Ltd Company Information for the year ended 30 June 2024
Director
John Valentine
Company Number
08102621 (England and Wales)
Registered Office
Farthingworth Mundford Thetford IP26 5HN United Kingdom
Accountants
Worthwhile Accountancy Farthingworth 4 Lynford Road Mundford Norfolk IP26 5HN
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Wine Selection Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
45,238 
49,563 
Debtors
4,988 
6,543 
50,226 
56,106 
Creditors: amounts falling due within one year
(22,919)
(36,499)
Net current assets
27,307 
19,607 
Total assets less current liabilities
27,307 
19,607 
Creditors: amounts falling due after more than one year
(270,586)
(267,644)
Net liabilities
(243,279)
(248,037)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(243,379)
(248,137)
Shareholders' funds
(243,279)
(248,037)
For the year ending 30 June 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 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 27 March 2025 and were signed on its behalf by
John Valentine Director Company Registration No. 08102621
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Wine Selection Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Wine Selection Ltd is a private company, limited by shares, registered in England and Wales, registration number 08102621. The registered office is Farthingworth, Mundford, Thetford, IP26 5HN, 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.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
641 
1,793 
Trade debtors
663 
4,750 
Accrued income and prepayments
651 
- 
Other debtors
3,033 
- 
4,988 
6,543 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,727 
19,100 
Trade creditors
10,342 
16,549 
Accruals
850 
850 
22,919 
36,499 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,572 
22,359 
Other creditors
249,014 
245,285 
270,586 
267,644 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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