ACCOUNTS - Final Accounts preparation

Registered number: 05634368

Oliver's Beer and Wine Limited

Financial statements

For the year ended 31 December 2024

Oliver's Beer and Wine Limited

Registered number: 05634368

Balance sheet

As at 31 December 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	13,869		41,278
		13,869		41,278
Creditors: amounts falling due within one year	5	(890)		(890)
Net current assets			12,979		40,388
Total assets less current liabilities			12,979		40,388

Net assets			12,979		40,388

Capital and reserves
Called up share capital	6	104	104
Other reserves	7	86,689	86,689
Profit and loss account	7	(73,814)	(46,405)
		12,979	40,388

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 comprehensive income 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:

M J Curtis

Director

Date: 6 August 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

Oliver's Beer and Wine Limited

Notes to the financial statements

For the year ended 31 December 2024

1.	General information

Oliver's Beer and Wine Limited (“the company”) is a private company limited by shares and is incorporated in England with the registration number 05634368. The address of the registered office is Unit 2a & 2b Sapphire House, Minster, Kent, CT12 5FE.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

As explained in Note 2.2, the intention of the company is to not continue to trade. The financial statements have been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value. The financial statements do not include any provision for future costs of terminating the activities of the company.
The financial statements rounded to the nearest pound.

The following principal accounting policies have been applied:

2.2

Basis other than going concern

The intention of the company is to not continue to trade. The financial statements have been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value.The financial statements do not include any provision for the future costs of terminating the business of the company.

2.3

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 2

Oliver's Beer and Wine Limited

Notes to the financial statements

For the year ended 31 December 2024

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	13,869	13,902
Other debtors	-	27,376
	13,869	41,278

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

Other taxation and social security	890	890
	890	890

6.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

50 (2023 - 50) Ordinary shares of £1.00 each	50	50
25 (2023 - 25) Ordinary A shares of £1.00 each	25	25
25 (2023 - 25) Ordinary B shares of £1.00 each	25	25
1 (2023 - 1) Ordinary C share of £1.00	1	1
1 (2023 - 1) Ordinary D share of £1.00	1	1
2 (2023 - 2) Ordinary E shares of £1.00 each	2	2

	104	104

Reserves

Other reserves

This reserve represents capital contributions received by the company from its parent undertaking which the company is under no obligation to repay.

Profit and loss account

This reserve comprises all current and prior period retained profits and losses after deducting any distributions made to the company’s shareholders.

Page 3

Oliver's Beer and Wine Limited

Notes to the financial statements

For the year ended 31 December 2024

8.	Related party transactions
	All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.

9.	Controlling party

Drink Warehouse UK Limited, is the company's immediate and ultimate parent undertaking. Consolidated financial statements including the results of the company are prepared by Drink Warehouse UK Limited and are publicly available from the Registrar of Companies. Drink Warehouse UK Limited is registered at Unit 2a & 2b Sapphire House, Minster, Kent, CT12 5FE.

10.	Auditor's information

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

The audit report was signed on 6 August 2025 by Allan Pinner FCCA (Senior statutory auditor) on behalf of Kreston Reeves LLP.

Page 4