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COMPANY REGISTRATION NUMBER: 04730094

Indigo Wine Limited

Filleted Unaudited Accounts

31 March 2025

Indigo Wine Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 53,443 | 63,835
Investments | 6 |  | 68 | 68
|  | -------- | --------
|  | 53,511 | 63,903

Current assets

Stocks | 818,413 |  | 859,849
Debtors | 7 | 671,859 |  | 699,726
Cash at bank and in hand | 43,013 |  | 25,167
| ------------ |  | ------------
| 1,533,285 |  | 1,584,742

Creditors: amounts falling due within one year | 8 | ( 599,775) |  | ( 669,836)
| ------------ |  | ------------
Net current assets |  | 933,510 | 914,906
|  | --------- | ---------
Total assets less current liabilities |  | 987,021 | 978,809

Creditors: amounts falling due after more than one year | 9 |  | ( 29,471) | ( 35,749)
|  | --------- | ---------
Net assets |  | 957,550 | 943,060
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 72 | 72
Profit and loss account |  | 957,478 | 942,988
|  | --------- | ---------
Shareholders funds |  | 957,550 | 943,060
|  | --------- | ---------

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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

Indigo Wine Limited

Statement of Financial Position (continued)

31 March 2025
These accounts were approved by the board of directors and authorised for issue on 15 September 2025 , and are signed on behalf of the board by:

B J M Henshaw
Director

Company registration number: 04730094

Indigo Wine Limited

Notes to the Accounts

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange Street, Haymarket, London, WC2H 7DQ.
2. Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Going concern
In the opinion of the directors the company remains a going concern and the accounts are prepared on this basis. This opinion is formed on the expectation that the company will have sufficient financial resources to be able to carry on trading for at least the next twelve months.
Consolidation
The company has taken advantage of the option not to prepare consolidated accounts contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Motor Vehicles | - | 20% reducing balance
| Equipment | - | 20% reducing balance

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2024: 10 ).
5. Tangible assets

| Motor vehicles | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 April 2024 | 64,580 | 55,894 | 120,474
Additions | – | 2,969 | 2,969
| -------- | -------- | ---------
At 31 March 2025 | 64,580 | 58,863 | 123,443
| -------- | -------- | ---------
Depreciation |  |  |
At 1 April 2024 | 22,861 | 33,778 | 56,639
Charge for the year | 8,344 | 5,017 | 13,361
| -------- | -------- | ---------
At 31 March 2025 | 31,205 | 38,795 | 70,000
| -------- | -------- | ---------
Carrying amount |  |  |
At 31 March 2025 | 33,375 | 20,068 | 53,443
| -------- | -------- | ---------
At 31 March 2024 | 41,719 | 22,116 | 63,835
| -------- | -------- | ---------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 April 2024 and 31 March 2025 | 68
| ----
Impairment |
At 1 April 2024 and 31 March 2025 | –
| ----

Carrying amount |
At 31 March 2025 | 68
| ----
At 31 March 2024 | 68
| ----

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 664,578 | 689,571
Other debtors | 7,281 | 10,155
| --------- | ---------
| 671,859 | 699,726
| --------- | ---------

Included within Trade debtors is a balance of £139,756 (2024: £156,124) recoverable from subsidiary company The Sourcing Table Ltd.
8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 326,544 | 305,207
Amounts owed to group undertakings and undertakings in which the company has a participating interest | – | 68
Corporation tax | 20,666 | 29,556
Social security and other taxes | 100,903 | 142,032
Other creditors | 151,662 | 192,973
| --------- | ---------
| 599,775 | 669,836
| --------- | ---------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 29,471 | 35,749
| -------- | --------

Creditors include a Hire Purchase loan with BMW Financial Services starting March 2022 and repayable over 4 years with interest charged at 3.9% per annum and with £6,277 repayable in less than one year.
10. Directors' advances, credits and guarantees
Throughout the period the company remained indebted to the director in respect of a short term interest free advance. At the balance sheet date the amount owing to the director was £95,668 (2024: £132,498).
11. Related party transactions
The company was under the control Mr B Henshaw throughout the year, by virtue of his majority shareholding in the company. During the year the company provided a short term advance of £68 to The Sourcing Table Ltd, a subsidiary company since 1 April 2023. The advance is considered repayable on demand and is interest free. There were no other related party transactions or balances noted for disclosure under the requirements of FRS 102 Section 1A.