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Company Registration No. 13754633 (England and Wales)
A.R.B. Wines Ltd Unaudited accounts for the year ended 30 November 2024
A.R.B. Wines Ltd Unaudited accounts Contents
Page
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A.R.B. Wines Ltd Company Information for the year ended 30 November 2024
Directors
Stephen Machin Steven Hodden
Company Number
13754633 (England and Wales)
Registered Office
Brewing Brothers Brewery 6-8 Burgess Road Hastings East Sussex TN35 4NR England
Accountants
TRP Accountancy Ltd Bumpkin Shaw Yard Rock Lane Hastings East Sussex TN35 4NY
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A.R.B. Wines Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,153 
3,259 
Current assets
Inventories
113,427 
83,567 
Debtors
109,885 
96,042 
Cash at bank and in hand
5,932 
27,723 
229,244 
207,332 
Creditors: amounts falling due within one year
(194,036)
(184,573)
Net current assets
35,208 
22,759 
Total assets less current liabilities
48,361 
26,018 
Creditors: amounts falling due after more than one year
(5,954)
- 
Provisions for liabilities
Deferred tax
(2,066)
- 
Net assets
40,341 
26,018 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
40,337 
26,014 
Shareholders' funds
40,341 
26,018 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by
Steven Hodden Director Company Registration No. 13754633
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A.R.B. Wines Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
A.R.B. Wines Ltd is a private company, limited by shares, registered in England and Wales, registration number 13754633. The registered office is Brewing Brothers Brewery, 6-8 Burgess Road, Hastings, East Sussex, TN35 4NR, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Reducing Balance 25%
Fixtures & fittings
Straight-Line 20%
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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A.R.B. Wines Ltd Notes to the Accounts for the year ended 30 November 2024
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
- 
4,899 
4,899 
Additions
14,499 
- 
14,499 
At 30 November 2024
14,499 
4,899 
19,398 
Depreciation
At 1 December 2023
- 
1,640 
1,640 
Charge for the year
3,625 
980 
4,605 
At 30 November 2024
3,625 
2,620 
6,245 
Net book value
At 30 November 2024
10,874 
2,279 
13,153 
At 30 November 2023
- 
3,259 
3,259 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
9,655 
4,252 
Trade debtors
91,918 
91,435 
Other debtors
8,312 
355 
109,885 
96,042 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,196 
- 
Trade creditors
155,654 
152,402 
Taxes and social security
28,592 
19,854 
Loans from directors
4,386 
11,317 
Accruals
1,208 
1,000 
194,036 
184,573 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
5,954 
- 
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A.R.B. Wines Ltd Notes to the Accounts for the year ended 30 November 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Stephen Machin
0% Loan
(251)
22,923 
14,360 
8,312 
Steven Hodden
0% Loan
(11,065)
23,512 
16,834 
(4,387)
(11,316)
46,435 
31,194 
3,925 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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