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Company Registration No. 05496760 (England and Wales)
Capital Vintners Limited Unaudited accounts for the year ended 31 December 2024
Capital Vintners Limited Unaudited accounts Contents
Page
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Capital Vintners Limited Company Information for the year ended 31 December 2024
Director
C Burr
Company Number
05496760 (England and Wales)
Registered Office
201 Borough High Street London SE1 1JA United Kingdom
Accountants
Ashby & Company Flat 5 2 Courts Hill Road Haslemere Surrey GU27 2EG
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Capital Vintners Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,862 
1,071 
Tangible assets
12,418 
16,558 
21,280 
17,629 
Current assets
Inventories
187,265 
198,685 
Debtors
1,149,206 
1,174,725 
Cash at bank and in hand
60,330 
297,279 
1,396,801 
1,670,689 
Creditors: amounts falling due within one year
(286,181)
(309,791)
Net current assets
1,110,620 
1,360,898 
Net assets
1,131,900 
1,378,527 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,131,898 
1,378,525 
Shareholders' funds
1,131,900 
1,378,527 
For the year ending 31 December 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 his 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 15 August 2025 and were signed on its behalf by
C Burr Director Company Registration No. 05496760
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Capital Vintners Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Capital Vintners Limited is a private company, limited by shares, registered in England and Wales, registration number 05496760. The registered office is 201 Borough High Street, London, SE1 1JA, United Kingdom.
2
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
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.
Intangible fixed assets
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Software 25% straight line
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:
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
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.
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Capital Vintners Limited Notes to the Accounts for the year ended 31 December 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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.
3
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
7,661 
Additions
11,000 
At 31 December 2024
18,661 
Amortisation
At 1 January 2024
6,590 
Charge for the year
3,209 
At 31 December 2024
9,799 
Net book value
At 31 December 2024
8,862 
At 31 December 2023
1,071 
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
8,950 
11,521 
20,471 
At 31 December 2024
8,950 
11,521 
20,471 
Depreciation
At 1 January 2024
560 
3,353 
3,913 
Charge for the year
2,098 
2,042 
4,140 
At 31 December 2024
2,658 
5,395 
8,053 
Net book value
At 31 December 2024
6,292 
6,126 
12,418 
At 31 December 2023
8,390 
8,168 
16,558 
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Capital Vintners Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,502 
1,839 
Other debtors
1,146,704 
1,172,886 
1,149,206 
1,174,725 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
19,378 
21,353 
Taxes and social security
2,641 
- 
Other creditors
264,162 
288,438 
286,181 
309,791 
Included in other creditors is a loan payable balance of £197,825 (2023: £217,087) which is unsecured, interest free and repayable on demand.
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Transactions with related parties
Amounts owed by related parties Entities under common control Included in other debtors is an amount due from an entity under common control of £1,146,705 (2023: £1,166,404). Interest of £34,692 (2023: £24,897) has been paid on the outstanding amount. The amount due is unsecured and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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