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
Capital Vintners Limited
Company Information
for the year ended 31 December 2024
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
Capital Vintners Limited
Statement of financial position
as at 31 December 2024
Intangible assets
8,862
1,071
Tangible assets
12,418
16,558
Inventories
187,265
198,685
Debtors
1,149,206
1,174,725
Cash at bank and in hand
60,330
297,279
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
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
Capital Vintners Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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 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 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 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.
Capital Vintners Limited
Notes to the Accounts
for the year ended 31 December 2024
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 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
At 31 December 2024
18,661
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
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
At 31 December 2024
6,292
6,126
12,418
At 31 December 2023
8,390
8,168
16,558
Capital Vintners Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Other debtors
1,146,704
1,172,886
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
Included in other creditors is a loan payable balance of £197,825 (2023: £217,087) which is unsecured, interest free and repayable on demand.
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).