ACCOUNTS - Final Accounts preparation

Registered number: 10809865

NICOLAS STRATFORD LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

NICOLAS STRATFORD LIMITED

REGISTERED NUMBER: 10809865

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	4		653		871
			653		871
Current assets
Debtors: amounts falling due within one year	5	7,698		7,981
Cash at bank and in hand	6	825		396
		8,523		8,377
Creditors: amounts falling due within one year	7	(35,290)		(35,904)
Net current liabilities			(26,767)		(27,527)
Total assets less current liabilities			(26,114)		(26,656)

Net liabilities			(26,114)		(26,656)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(26,214)	(26,756)
	(26,114)	(26,656)

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

B Thouvenin

Director

Date: 29 September 2025

The notes on pages 2 to 7 form part of these financial statements.

Page 1

NICOLAS STRATFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Nicolas Stratford Limited is a private company limited by shares and registered in England and Wales. Its registered address is 157 Great Portland Street, London, W1W 6QR and its registered number is 10809865.
The financial statements are presented in Sterling (£), rounded to the nearest £1.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the Company will be able to continue trading for the foreseeable future.
The Company is reliant on the continued trading of its parent company Spirited Wines & Co Limited which in turn is reliant on the financial support of its parent company Etablissements Nicolas S.A. The directors have received confirmation that such financial support will continue to be provided for the foreseeable future and it is for this reason the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.

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NICOLAS STRATFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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NICOLAS STRATFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings

25%

Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

NICOLAS STRATFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost or valuation
	At 1 January 2024	4,270
	At 31 December 2024	4,270
	Depreciation
	At 1 January 2024	3,399
	Charge for the year on owned assets	218
	At 31 December 2024	3,617
	Net book value
	At 31 December 2024	653
	At 31 December 2023	871

Page 5

NICOLAS STRATFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	306	905
Prepayments and accrued income	7,392	7,076
	7,698	7,981

6.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	825	396
	825	396

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	355	-
Amounts owed to group undertakings	34,935	35,904
	35,290	35,904

8.	Financial instruments
		2024	2023
		£	£

	Financial assets
	Financial assets measured at fair value through profit or loss	825	396

Financial assets measured at fair value through profit or loss comprise cash and cash equivalents.

9.	Related party transactions
	The Company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the Group.

Page 6

NICOLAS STRATFORD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

10.	Controlling party

The immediate parent undertaking is Spirited Wines & Co Limited. The registered office of Spirited Wines
& Co Limited is 157 Great Portland Street, London, England, W1W 6QR. In the opinion of the directors,
there is no ultimate controlling party.

11.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 29 September 2025 by Christopher Taylor (Senior statutory auditor) on behalf of Adler Shine LLP.

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