NATURAL BORN WINE LIMITED |
Registered Number:10340882 |
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2024
NATURAL BORN WINE LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
NATURAL BORN WINE LIMITED
Statement of Financial Position
2023
2024
Property, plant and equipment |
579
681
2
579
681
56,644
10,602
3
Trade and other receivables |
9,957
1,314
4
792
Cash and cash equivalents |
1,311
13,227
67,393
Trade and other payables: amounts falling due within one |
year |
(63,583)
(17,465)
5
3,810
(4,238)
Net current liabilities
Total assets less current liabilities |
(3,659)
4,491
Trade and other payables: amounts falling due after more |
than one year |
(5,753)
(2,753)
6
(6,412)
Net liabilities
(1,262)
200
200
(6,612)
(1,462)
(6,412)
(1,262)
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
O J A Maitland-Hudson Director |
These financial statements were approved and authorised for issue by the Board on 08 April 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 August 2024
NATURAL BORN WINE LIMITED
Notes to the Financial Statements
Statutory Information
NATURAL BORN WINE LIMITED is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 10340882. |
7 Canning Street
London
SE5 8BH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 August 2024
NATURAL BORN WINE LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment |
2,854
908
1,946
1,946
908
2,854
Provision for depreciation and impairment |
2,173
227
1,946
Charge for year
102
102
-
2,275
329
1,946
-
579
579
-
681
681
2023
2024
10,602
56,644
4. Trade and other receivables |
2023
2024
1,314
9,957
5. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
-
2,323
3,361
16,828
521
3,279
Taxation and social security |
3,409
7,143
10,174
34,010
17,465
63,583
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For the year ended 31 August 2024
NATURAL BORN WINE LIMITED
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
2,753
5,753
7. Average number of persons employed |
During the year the average number of employees was 0 (2023 : 3)
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