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REGISTERED NUMBER: 08532296 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

WORTHINGTON WINE AND SPIRITS UK LIMITED

WORTHINGTON WINE AND SPIRITS UK LIMITED (REGISTERED NUMBER: 08532296)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Report of the Directors 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 6


WORTHINGTON WINE AND SPIRITS UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mr J V Hooper
Mr A F Phillips





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 08532296 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

WORTHINGTON WINE AND SPIRITS UK LIMITED (REGISTERED NUMBER: 08532296)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 28 FEBRUARY 2025

The directors present their report with the financial statements of the company for the year ended 28 February 2025.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of distribution of wine and spirits.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 March 2024 to the date of this report.

Mr J V Hooper
Mr A F Phillips

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A F Phillips - Director


18 August 2025

WORTHINGTON WINE AND SPIRITS UK LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
WORTHINGTON WINE AND SPIRITS UK LIMITED


In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at year ended 28 February 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ


19 August 2025

WORTHINGTON WINE AND SPIRITS UK LIMITED (REGISTERED NUMBER: 08532296)

INCOME STATEMENT
FOR THE YEAR ENDED 28 FEBRUARY 2025

28.2.25 29.2.24
£    £    £    £   

TURNOVER 595,967 538,694

Cost of sales 436,853 407,127
GROSS PROFIT 159,114 131,567

Distribution costs 522 -
Administrative expenses 145,250 81,046
145,772 81,046
OPERATING PROFIT 13,342 50,521

Interest receivable and similar income 17 -
PROFIT BEFORE TAXATION 13,359 50,521

Tax on profit 4,013 9,753
PROFIT FOR THE FINANCIAL YEAR 9,346 40,768

WORTHINGTON WINE AND SPIRITS UK LIMITED (REGISTERED NUMBER: 08532296)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £   
CURRENT ASSETS
Stocks 4 - 234
Debtors 5 301,891 219,112
Cash at bank 64,527 51,676
366,418 271,022
CREDITORS
Amounts falling due within one year 6 181,187 95,137
NET CURRENT ASSETS 185,231 175,885
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,231

175,885

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 185,230 175,884
SHAREHOLDERS' FUNDS 185,231 175,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:





Mr A F Phillips - Director


WORTHINGTON WINE AND SPIRITS UK LIMITED (REGISTERED NUMBER: 08532296)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Worthington Wine and Spirits UK Limited 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.

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 Income Statement, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. STOCKS
28.2.25 29.2.24
£    £   
Finished goods - 234

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 78,203 50,481
Other debtors 223,246 168,511
VAT 442 120
301,891 219,112

WORTHINGTON WINE AND SPIRITS UK LIMITED (REGISTERED NUMBER: 08532296)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 97,101 5,384
Corporation tax 4,086 9,753
Other creditors 80,000 80,000
181,187 95,137

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
1 Ordinary shares £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 March 2024 175,884
Profit for the year 9,346
At 28 February 2025 185,230

9. RELATED PARTY DISCLOSURES

J V Hooper has controlling interest in the following companies:

Gravel Junction (Pty) Limited
At the balance sheet date, included within other debtors due within one year, is an amount of £223,246 (2024: £168,511) owed to Worthington Wine and Spirits UK Limited. This loan is interest free, long term in nature and repayable on demand.

Stellar Limited
At the balance sheet date, included within other creditor due within one year, is an amount of £80,000 (2024 - £80,000) owed by Worthington Wine and Spirits UK Limited. This loan is interest free, long term in nature and repayable on demand.