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Registered number: 12638049






Class Wine Ltd


ACCOUNTS

FOR THE YEAR ENDED 31/12/2024


ACCOUNTS
FOR THE YEAR ENDED 31/12/2024





DIRECTORS
Neil Donachie
Luke Comer
Craig Huntingdon


REGISTERED OFFICE
44 Azure Business Centre
High Street, Newburn
Newcastle upon Tyne
Tyne & Wear
NE15 8LN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12638049


ACCOUNTS
FOR THEYEARENDED31/12/2024



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	3		15,640		16,497

CURRENT ASSETS
Stock		3,253		-
Debtors	5	10,800		7,439
Cash at bank and in hand		6,104		1,739
		20,157		9,178
CREDITORS: Amounts falling due within one year	6	33,494		25,172
NET CURRENT LIABILITIES			(13,337)		(15,994)
TOTAL ASSETS LESS CURRENT LIABILITIES			2,303		503

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			2,203		403
SHAREHOLDERS' FUNDS			2,303		503

For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 26/09/2025 and signed on their behalf by



.............................
Neil Donachie
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		20%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




3. TANGIBLE FIXED ASSETS

	Fixtures
	and Fittings	Total
	£	£
Cost
At 01/01/2024	23,087	23,087
Additions	1,859	1,859
At 31/12/2024	24,946	24,946
Depreciation
At 01/01/2024	5,396	5,396
For the year	3,910	3,910
At 31/12/2024	9,306	9,306
Net Book Amounts
At 31/12/2024	15,640	15,640
At 31/12/2023	17,691	17,691




5. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	2,163	4,118
VAT	6,050	1,530
Other debtors	2,233	1,791
Prepayments	354	-
	10,800	7,439




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
UK corporation tax	497	-
Trade creditors	7,217	18,392
Accruals	780	780
Amounts due to group companies	25,000	6,000
	33,494	25,172




7. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
	100	100




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	-	-