Bruce Jack Wines Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11111798

Bruce Jack Wines Limited

Filleted Unaudited Financial Statements

31 March 2025

Bruce Jack Wines Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Officers and professional advisers	1

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Bruce Jack Wines Limited

Officers and Professional Advisers

The board of directors	B Jack
	E C W Adams
	B G Jack

Registered office	727-729 High Road
	London
	N12 0BP

Accountants	Complete Accounting Solutions
	Chartered Certified Accountants
	727-729 High Road
	London
	N12 0BP

Bruce Jack Wines Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Bruce Jack Wines Limited

Year ended 31 March 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 March 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Complete Accounting Solutions Chartered Certified Accountants

727-729 High Road London N12 0BP

Bruce Jack Wines Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	4	51,168	50,769
Investments	5	15,594	13,968
		--------	--------
		66,762	64,737

Current assets

Stocks		452,166	132,824
Debtors	6	340,404	110,241
Cash at bank and in hand		27,956	27,251
		---------	---------
		820,526	270,316

Creditors: amounts falling due within one year	7	856,070	349,025
		---------	---------
Net current liabilities		35,544	78,709
		--------	--------
Total assets less current liabilities		31,218	( 13,972)

Creditors: amounts falling due after more than one year	8	248,120	157,111
		---------	---------
Net liabilities		( 216,902)	( 171,083)
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 217,002)	( 171,183)
	---------	---------
Shareholders deficit	( 216,902)	( 171,083)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Bruce Jack Wines Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

B Jack

Director

Company registration number: 11111798

Bruce Jack Wines Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 727-729 High Road, London, N12 0BP.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

In our opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which we believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular we believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date .

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses .

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Patents, trademarks and licences	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 April 2024	64,825
Additions	5,369
	--------
At 31 March 2025	70,194
	--------
Amortisation
At 1 April 2024	14,056
Charge for the year	4,970
	--------
At 31 March 2025	19,026
	--------
Carrying amount
At 31 March 2025	51,168
	--------
At 31 March 2024	50,769
	--------

5. Investments

	Loans to group undertakings
	£
Cost
At 1 April 2024	13,968
Additions	4,987
Transfers	(3,361)
	--------
At 31 March 2025	15,594
	--------
Impairment
At 1 April 2024 and 31 March 2025	–
	--------

Carrying amount
At 31 March 2025	15,594
	--------
At 31 March 2024	13,968
	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	277,719	92,980
Amounts owed by group undertakings and undertakings in which the company has a participating interest	24,033	–
Other debtors	38,652	17,261
	---------	---------
	340,404	110,241
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans	–	6,667
Trade creditors	120,204	35,540
Amounts owed to group undertakings and undertakings in which the company has a participating interest	735,866	276,997
Other creditors	–	29,821
	---------	---------
	856,070	349,025
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	35,845	14,305
Other creditors	212,275	142,806
	---------	---------
	248,120	157,111
	---------	---------

9. Controlling party

The immediate parent company is Bruce Jack Holdings Limited, a company incorporated in Jersey .