REGISTERED NUMBER: 04488468 (England and Wales)

Maidenhead Wine Company Limited

Unaudited Financial Statements for the Year Ended 31 January 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

R Street

Secretary:

Miss S E Warner

Registered office:

The Vineyard

Cordwallis Street

Maidenhead

Berkshire

SL6 7BE

Registered number:

04488468 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Tangible assets

4

48,135

48,025

Current assets

Stocks

1,274,968

1,337,797

Debtors

5

1,554,385

1,494,839

Cash at bank and in hand

29,864

132,007

2,859,217

2,964,643

Creditors

Amounts falling due within one year

6

1,486,429

1,764,845

Net current assets

1,372,788

1,199,798

Total assets less current liabilities

1,420,923

1,247,823

Provisions for liabilities

11,910

11,075

Net assets

1,409,013

1,236,748

Capital and reserves

Called up share capital

2

2

Retained earnings

1,409,011

1,236,746

1,409,013

1,236,748

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

R Street - Director

1.	Statutory information

Maidenhead Wine Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the fair value of consideration receivable for services provided in the normal course of business, excluding value added tax and trade discounts.

Revenue is recognised in the period in which the services are rendered, based on the stage of completion at the reporting date when the outcome of the transaction can be measured reliably. Where the outcome cannot be measured reliably, revenue is recognised only to the extent of costs incurred that are recoverable.

Turnover is recognised only when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 9 (2024 - 9 ) .

4.	Tangible fixed assets

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

Cost

At 1 February 2024

28,403

22,110

8,008

Additions

-

328

-

Disposals

-

-

-

At 31 January 2025

28,403

22,438

8,008

Depreciation

At 1 February 2024

28,403

21,917

7,736

Charge for year

-

130

68

Eliminated on disposal

-

-

-

At 31 January 2025

28,403

22,047

7,804

Net book value

At 31 January 2025

-

391

204

At 31 January 2024

-

193

272

Motor

Office

vehicles

equipment

Totals

£

£

£

Cost

At 1 February 2024

123,377

20,816

202,714

Additions

15,700

476

16,504

Disposals

(8,720

)

-

(8,720

)

At 31 January 2025

130,357

21,292

210,498

Depreciation

At 1 February 2024

78,161

18,472

154,689

Charge for year

15,142

705

16,045

Eliminated on disposal

(8,371

)

-

(8,371

)

At 31 January 2025

84,932

19,177

162,363

Net book value

At 31 January 2025

45,425

2,115

48,135

At 31 January 2024

45,216

2,344

48,025

5.

Debtors

31/1/25

31/1/24

£

£

Amounts falling due within one year:

Trade debtors

492,367

479,721

Other debtors

265,009

27,322

757,376

507,043

Amounts falling due after more than one year:

Other debtors

797,009

987,796

Aggregate amounts

1,554,385

1,494,839

6.

Creditors: amounts falling due within one year

31/1/25

31/1/24

£

£

Trade creditors

1,175,126

1,257,542

Taxation and social security

307,451

496,871

Other creditors

3,852

10,432

1,486,429

1,764,845

7.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31/1/25

31/1/24

£

£

R Street

Balance outstanding at start of year

779,238

733,553

Amounts advanced

17,771

45,685

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

797,009

779,238