Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-3122024-02-01falseSupply of wines3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09398145 2024-02-01 2025-01-31 09398145 2023-02-01 2024-01-31 09398145 2025-01-31 09398145 2024-01-31 09398145 c:Director1 2024-02-01 2025-01-31 09398145 d:CurrentFinancialInstruments 2025-01-31 09398145 d:CurrentFinancialInstruments 2024-01-31 09398145 d:Non-currentFinancialInstruments 2025-01-31 09398145 d:Non-currentFinancialInstruments 2024-01-31 09398145 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 09398145 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09398145 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 09398145 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 09398145 d:ShareCapital 2025-01-31 09398145 d:ShareCapital 2024-01-31 09398145 d:RetainedEarningsAccumulatedLosses 2025-01-31 09398145 d:RetainedEarningsAccumulatedLosses 2024-01-31 09398145 c:OrdinaryShareClass1 2024-02-01 2025-01-31 09398145 c:OrdinaryShareClass1 2025-01-31 09398145 c:OrdinaryShareClass1 2024-01-31 09398145 c:FRS102 2024-02-01 2025-01-31 09398145 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09398145 c:FullAccounts 2024-02-01 2025-01-31 09398145 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09398145 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09398145














CAVA SPILIADIS UK LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

 
CAVA SPILIADIS UK LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
CAVA SPILIADIS UK LIMITED
REGISTERED NUMBER:09398145

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Current assets
  

Stocks
 4 
140,769
164,751

Debtors: amounts falling due within one year
 5 
26,710
28,031

Cash at bank and in hand
  
30,782
27,544

  
198,261
220,326

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(61,457)
(72,136)

Net current assets
  
136,804
148,190

Creditors: amounts falling due after more than one year
 7 
(9,167)
(19,167)

  

Net assets
  
127,637
129,023


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
127,636
129,022

  
127,637
129,023


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 June 2025.




G Spiliadis
Director

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
CAVA SPILIADIS UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

Cava Spiliadis UK Limited is a private limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the Company continued to be the supply of premium estate bottled Greek wines to restaurants.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover represents amounts receivable for wine sales during the period, exclusive of Value Added Tax.
Revenue is recognised when goods are despatched.

 
2.3

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for out of date and slow-moving stocks. Cost includes all import duties.

 
2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

 
2.6

Creditors

Short term creditors are measured at the transaction price. 

Page 2

 
CAVA SPILIADIS UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.8

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Borrowing costs

All borrowing costs are recognised in the Statement of Comprehensive Income in the year in which they are incurred

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.



3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 3).

Page 3

 
CAVA SPILIADIS UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

4.


Stocks

2025
2024
£
£

Goods for resale
140,769
164,751



5.


Debtors

2025
2024
£
£

Trade debtors
22,706
26,633

Other debtors
3,054
1

Prepayments and accrued income
950
1,397

26,710
28,031



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
10,000
10,000

Trade creditors
31,894
47,558

Amounts owed to group undertakings
5
5

Taxation and social security
13,387
8,113

Other creditors
3,928
3,913

Accruals and deferred income
2,243
2,547

61,457
72,136



7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
9,167
19,167


Page 4

 
CAVA SPILIADIS UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

8.


Share capital

2025
2024
£
£
Allotted, called up and partly paid



1 (2024 - 1) Ordinary share of £1
1
1



9.


Controlling party

The company is a wholly-owned subsidiary of 4273672 Canada Inc., a company registered in Canada.
The ultimate parent undertaking is 8797196 Canada Inc., a company registered in Canada.

 
Page 5