Bassaleg Food & Wine Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 14962932 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Bassaleg Food & Wine Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

Mr Daljit Singh Arorra

REGISTERED OFFICE:

Bridge House

9 - 13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

14962932 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

109,999

Tangible assets

5

56,033

31,251

166,032

141,250

CURRENT ASSETS

Stocks

15,000

7,560

Debtors

6

75,429

6,000

Cash at bank and in hand

21,940

25,892

112,369

39,452

CREDITORS

Amounts falling due within one year

7

231,268

155,650

NET CURRENT LIABILITIES

(118,899

)

(116,198

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

47,133

25,052

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

47,033

24,952

SHAREHOLDERS' FUNDS

47,133

25,052

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 December 2025 and were signed by:

Mr Daljit Singh Arorra - Director

1.	STATUTORY INFORMATION

Bassaleg Food & Wine Ltd 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.

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 represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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 etc

-

25% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

109,999

NET BOOK VALUE

At 30 June 2025

109,999

At 30 June 2024

109,999

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 July 2024

1

33,333

33,334

Additions

-

43,459

At 30 June 2025

1

76,792

76,793

DEPRECIATION

At 1 July 2024

-

2,083

Charge for year

-

18,677

At 30 June 2025

-

20,760

NET BOOK VALUE

At 30 June 2025

1

56,032

56,033

At 30 June 2024

1

31,250

31,251

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade debtors

75,378

6,000

Other debtors

51

-

75,429

6,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade creditors

5,105

4,379

Taxation and social security

6,061

2,952

Other creditors

220,102

148,319

231,268

155,650

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

100

Share capital 1

1

100

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 June 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

Date: .............................................