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REGISTERED NUMBER: 02979611 (England and Wales)













CELLAR DRINKS COMPANY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CELLAR DRINKS COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: R T Anstee
C Anstee





REGISTERED OFFICE: Unit 4 Waller House
Elvicta Business Park
Crickhowell
Powys
NP8 1DF





REGISTERED NUMBER: 02979611 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Intangible assets 4 3,750 3,750
Tangible assets 5 313,161 188,384
Investments 6 14,520 14,520
331,431 206,654

CURRENT ASSETS
Stocks 275,953 271,471
Debtors 7 566,251 608,088
Cash at bank and in hand 215,262 159,802
1,057,466 1,039,361
CREDITORS
Amounts falling due within one year 8 559,637 594,499
NET CURRENT ASSETS 497,829 444,862
TOTAL ASSETS LESS CURRENT LIABILITIES 829,260 651,516

CREDITORS
Amounts falling due after more than one year 9 285,043 299,640
NET ASSETS 544,217 351,876

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 543,217 350,876
544,217 351,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





R T Anstee - Director


CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Cellar Drinks Company Ltd 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 four 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 - over the duration of the lease
Plant and machinery - 15% straight line on cost
Fixtures and fittings - 15% straight line on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% straight line 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 Statement of Income and Retained Earnings, 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.

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 20 (2023 - 15 ) .

CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£ £ £
COST
At 1 January 2024 16,000 7,500 23,500
Additions - 2,500 2,500
At 31 December 2024 16,000 10,000 26,000
AMORTISATION
At 1 January 2024 16,000 3,750 19,750
Amortisation for year - 2,500 2,500
At 31 December 2024 16,000 6,250 22,250
NET BOOK VALUE
At 31 December 2024 - 3,750 3,750
At 31 December 2023 - 3,750 3,750

5. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and
to property machinery fittings
£ £ £
COST
At 1 January 2024 19,404 25,621 8,844
Additions 46,424 11,930 19,753
At 31 December 2024 65,828 37,551 28,597
DEPRECIATION
At 1 January 2024 7,861 11,688 4,228
Charge for year 13,166 4,951 4,238
At 31 December 2024 21,027 16,639 8,466
NET BOOK VALUE
At 31 December 2024 44,801 20,912 20,131
At 31 December 2023 11,543 13,933 4,616

CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 January 2024 201,826 4,888 260,583
Additions 114,622 2,115 194,844
At 31 December 2024 316,448 7,003 455,427
DEPRECIATION
At 1 January 2024 46,213 2,209 72,199
Charge for year 45,961 1,751 70,067
At 31 December 2024 92,174 3,960 142,266
NET BOOK VALUE
At 31 December 2024 224,274 3,043 313,161
At 31 December 2023 155,613 2,679 188,384

6. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 January 2024
and 31 December 2024 14,520
NET BOOK VALUE
At 31 December 2024 14,520
At 31 December 2023 14,520

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 460,794 529,676
Other debtors 105,457 78,412
566,251 608,088

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 20,000 10,000
Hire purchase contracts 24,422 6,622
Trade creditors 395,201 480,237
Taxation and social security 79,068 68,734
Other creditors 40,946 28,906
559,637 594,499

CELLAR DRINKS COMPANY LTD (REGISTERED NUMBER: 02979611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 39,167 14,167
Hire purchase contracts 125,197 59,187
Other creditors 120,679 226,286
285,043 299,640