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REGISTERED NUMBER: 03741055 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MITCHELL'S VINTNERS LIMITED

MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MITCHELL'S VINTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J D Mitchell
F D Mitchell-Mellor





REGISTERED OFFICE: 354 Meadowhead
Sheffield
South Yorkshire
S8 7UJ





REGISTERED NUMBER: 03741055 (England and Wales)





ACCOUNTANTS: Marriott Gibbs Rees Wallis Limited
Chartered Certified Accountants
First Floor
Unit 4, Broadfield Court
Sheffield
South Yorkshire
S8 0XF

MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,025 4,828
Tangible assets 5 70,036 53,172
79,061 58,000

CURRENT ASSETS
Stocks 746,615 682,334
Debtors 6 36,660 64,898
Cash at bank and in hand 39,618 14,424
822,893 761,656
CREDITORS
Amounts falling due within one year 7 302,118 207,520
NET CURRENT ASSETS 520,775 554,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

599,836

612,136

PROVISIONS FOR LIABILITIES 23,896 13,028
NET ASSETS 575,940 599,108

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 575,840 599,008
SHAREHOLDERS' FUNDS 575,940 599,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:





F D Mitchell-Mellor - Director


MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Mitchell's Vintners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on cost and 20% on cost
Fixtures and fittings - 33% on cost and 20% on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023 5,935
Additions 5,950
At 30 September 2024 11,885
AMORTISATION
At 1 October 2023 1,107
Charge for year 1,753
At 30 September 2024 2,860
NET BOOK VALUE
At 30 September 2024 9,025
At 30 September 2023 4,828

MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 39,057 26,857 222,116 8,135 296,165
Additions - - 38,284 - 38,284
Disposals (967 ) (5,755 ) (17,137 ) - (23,859 )
At 30 September 2024 38,090 21,102 243,263 8,135 310,590
DEPRECIATION
At 1 October 2023 39,057 26,336 169,465 8,135 242,993
Charge for year - 106 21,114 - 21,220
Eliminated on disposal (967 ) (5,755 ) (16,937 ) - (23,659 )
At 30 September 2024 38,090 20,687 173,642 8,135 240,554
NET BOOK VALUE
At 30 September 2024 - 415 69,621 - 70,036
At 30 September 2023 - 521 52,651 - 53,172

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,055 42,247
Other debtors 10,605 22,651
36,660 64,898

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 32,226 -
Trade creditors 221,921 164,069
Taxation and social security 20,379 43,024
Other creditors 27,592 427
302,118 207,520

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 32,226 -

MITCHELL'S VINTNERS LIMITED (REGISTERED NUMBER: 03741055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £13,767 (2023 - £11,116).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
F D Mitchell-Mellor
Balance outstanding at start of year 7,022 4,753
Amounts advanced 41,695 7,022
Amounts repaid (48,717 ) (4,753 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,022

J D Mitchell
Balance outstanding at start of year 4,414 -
Amounts advanced 2,429 4,414
Amounts repaid (6,843 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,414