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Company Registration No. 11645765 (England and Wales)
Georgian Wine Guild Limited Unaudited accounts for the year ended 31 October 2024
Georgian Wine Guild Limited Unaudited accounts Contents
Page
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Georgian Wine Guild Limited Company Information for the year ended 31 October 2024
Director
Tamar Lordkipanidze
Company Number
11645765 (England and Wales)
Registered Office
11 FERNWOOD CRESCENT LONDON N20 0RP ENGLAND
Accountants
Bogatyij Ltd United House 39 - 41 North Road London N7 9DP
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Georgian Wine Guild Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,607 
2,196 
Current assets
Inventories
70,000 
70,000 
Debtors
6,798 
6,798 
Cash at bank and in hand
13,021 
14,892 
89,819 
91,690 
Creditors: amounts falling due within one year
(53,012)
(25,192)
Net current assets
36,807 
66,498 
Total assets less current liabilities
40,414 
68,694 
Creditors: amounts falling due after more than one year
(72,843)
(83,374)
Net liabilities
(32,429)
(14,680)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(32,529)
(14,780)
Shareholders' funds
(32,429)
(14,680)
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 23 July 2025 and were signed on its behalf by
Tamar Lordkipanidze Director Company Registration No. 11645765
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Georgian Wine Guild Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Georgian Wine Guild Limited is a private company, limited by shares, registered in England and Wales, registration number 11645765. The registered office is 11 FERNWOOD CRESCENT, LONDON, N20 0RP, 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.
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:
Computer equipment
straight line method over a three year period
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
8,503 
Additions
4,287 
At 31 October 2024
12,790 
Depreciation
At 1 November 2023
6,307 
Charge for the year
2,876 
At 31 October 2024
9,183 
Net book value
At 31 October 2024
3,607 
At 31 October 2023
2,196 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,798 
6,798 
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Georgian Wine Guild Limited Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
15,929 
4,506 
Taxes and social security
4,464 
5,596 
Other creditors
8,809 
1,500 
Loans from directors
23,810 
11,390 
Accruals
- 
2,200 
53,012 
25,192 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,983 
- 
Other creditors
- 
23,514 
Loans from directors
59,860 
59,860 
72,843 
83,374 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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