EDEN FINE WINES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Takhar

REGISTERED OFFICE:

Unit 7 Scandanavia Court

Chain Bar Road

CLECKHEATON

West Yorkshire

BD19 3QW

REGISTERED NUMBER:

05865987 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Intangible assets

4

22,763

40,337

Tangible assets

5

149,485

197,160

172,248

237,497

CURRENT ASSETS

Stocks

6

534,725

506,845

Debtors

7

283,808

408,014

Cash at bank and in hand

596,673

244,398

1,415,206

1,159,257

CREDITORS

Amounts falling due within one year

8

1,161,816

877,933

NET CURRENT ASSETS

253,390

281,324

TOTAL ASSETS LESS CURRENT LIABILITIES

425,638

518,821

CREDITORS

Amounts falling due after more than one year

9

(59,284

)

(124,260

)

PROVISIONS FOR LIABILITIES

11

(37,371

)

(44,799

)

NET ASSETS

328,983

349,762

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

328,883

349,662

SHAREHOLDERS' FUNDS

328,983

349,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

G Takhar - Director

1.	STATUTORY INFORMATION

Eden Fine Wines 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.

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

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Web development is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 11 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

97,067

AMORTISATION

At 1 July 2024

56,730

Charge for year

17,574

At 30 June 2025

74,304

NET BOOK VALUE

At 30 June 2025

22,763

At 30 June 2024

40,337

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

4,500

32,525

316,893

4,932

358,850

Additions

-

5,400

-

471

5,871

At 30 June 2025

4,500

37,925

316,893

5,403

364,721

DEPRECIATION

At 1 July 2024

4,090

15,777

137,500

4,323

161,690

Charge for year

102

8,134

44,848

462

53,546

At 30 June 2025

4,192

23,911

182,348

4,785

215,236

NET BOOK VALUE

At 30 June 2025

308

14,014

134,545

618

149,485

At 30 June 2024

410

16,748

179,393

609

197,160

6.

STOCKS

30.6.25

30.6.24

£

£

Stocks

534,725

506,845

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

246,668

389,811

Other debtors

6,006

6,797

VAT

15,506

-

Prepayments

15,628

11,406

283,808

408,014

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

859

100,000

Other loans

9,167

10,000

Hire purchase contracts (see note 10)

54,995

54,928

Trade creditors

939,341

567,808

Tax

25,987

6,168

Social security and other taxes

2,508

1,305

VAT

-

49,230

Directors' current accounts

50,942

60,349

Accrued expenses

78,017

28,145

1,161,816

877,933

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Other loans - due after 1 year

-

9,167

Hire purchase contracts (see note 10)

59,284

115,093

59,284

124,260

10.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.6.25

30.6.24

£

£

Net obligations repayable:

Within one year

54,995

54,928

Between one and five years

59,284

115,093

114,279

170,021

11.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

37,371

44,799

Deferred

tax

£

Balance at 1 July 2024

44,799

Accelerated capital allowances

(7,428

)

Losses carried forward

Balance at 30 June 2025

37,371

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

90

Ordinary

1.00

90

90

10

A Ordinary

1.00

10

10

100

100

13.	ULTIMATE CONTROLLING PARTY

The controlling party is G Takhar.