REGISTERED NUMBER: 01205135 (England and Wales)

The Bacchus Wine Company (Kensington)

Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J Eustace

Mrs S Astbury

M J Gordon Clark

W Bannister

SECRETARY:

M J Gordon Clark

REGISTERED OFFICE:

Sheep Street

Stow-on-the-wold

Gloucestershire

GL54 1AA

REGISTERED NUMBER:

01205135 (England and Wales)

ACCOUNTANTS:

DSJ Partners (UK) Limited

2nd Floor

1 Bell Street

London

NW1 5BY

SOLICITORS:

Charles Russell Speechlys LLP

Compass House

Lypiatt Road

Cheltenham

Gloucestershire

GL50 2QJ

FIXED ASSETS

Tangible assets

4

232,064

266,480

Investments

5

17,000

2,000

249,064

268,480

CURRENT ASSETS

Stocks

6

1,523,579

1,418,354

Debtors

7

522,234

593,835

Cash at bank and in hand

349,439

348,623

2,395,252

2,360,812

CREDITORS

Amounts falling due within one year

8

(1,063,256

)

(1,156,226

)

NET CURRENT ASSETS

1,331,996

1,204,586

TOTAL ASSETS LESS CURRENT LIABILITIES

1,581,060

1,473,066

CREDITORS

Amounts falling due after more than one year

9

(1,667

)

(11,713

)

PROVISIONS FOR LIABILITIES

(14,364

)

(21,403

)

NET ASSETS

1,565,029

1,439,950

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,564,929

1,439,850

SHAREHOLDERS' FUNDS

1,565,029

1,439,950

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

M J Gordon Clark - Director

J J Eustace - Director

1.	STATUTORY INFORMATION

The Bacchus Wine Company (Kensington) 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Short leasehold

-

straight line over life of lease

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value. Costs comprise cost of purchase plus duty and shipping and warehousing charges.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

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.

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

Contributions payable to the pension scheme are charged to the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Short

and

Motor

property

leasehold

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

159,689

223,333

416,897

45,656

845,575

Additions

-

-

3,701

-

3,701

Disposals

-

-

-

(14,490

)

(14,490

)

At 31 March 2025

159,689

223,333

420,598

31,166

834,786

DEPRECIATION

At 1 April 2024

11,151

223,333

330,480

14,131

579,095

Charge for year

1,593

-

22,530

5,843

29,966

Eliminated on disposal

-

-

-

(6,339

)

(6,339

)

At 31 March 2025

12,744

223,333

353,010

13,635

602,722

NET BOOK VALUE

At 31 March 2025

146,945

-

67,588

17,531

232,064

At 31 March 2024

148,538

-

86,417

31,525

266,480

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

2,000

Additions

15,000

At 31 March 2025

17,000

NET BOOK VALUE

At 31 March 2025

17,000

At 31 March 2024

2,000

6.

STOCKS

2025

2024

£

£

Goods for resale

1,523,579

1,418,354

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

464,110

541,849

Other debtors

58,124

51,986

522,234

593,835

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

796,344

900,865

Taxation and social security

169,669

153,457

Other creditors

87,243

91,904

1,063,256

1,156,226

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,667

11,713

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

11,667

21,713

11.	CONTINGENT LIABILITIES

At 31 March 2025, the company had outstanding forward exchange contracts amounting to £327,307.

12.	OTHER FINANCIAL COMMITMENTS

At 31 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £179,775 (2024:£234,275).