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Registered number: 12522002
Winco Group (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Ip's Associates Limited
23 Argyle Street
Liverpool
L1 5BL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12522002
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,912 36,588
32,912 36,588
CURRENT ASSETS
Debtors 5 6,372 2,279
Cash at bank and in hand 10,521 2,186
16,893 4,465
Creditors: Amounts Falling Due Within One Year 6 (212,407 ) (17,163 )
NET CURRENT ASSETS (LIABILITIES) (195,514 ) (12,698 )
TOTAL ASSETS LESS CURRENT LIABILITIES (162,602 ) 23,890
Creditors: Amounts Falling Due After More Than One Year 7 - (226,460 )
NET LIABILITIES (162,602 ) (202,570 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (162,604 ) (202,572 )
SHAREHOLDERS' FUNDS (162,602) (202,570)
Page 1
Page 2
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.
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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Shu Keung Raymond Chan
Director
23 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Winco Group (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12522002 . The registered office is 23 Argyle Street, Liverpool, L1 5BL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 10% Reducing Balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 365 55,590 55,955
As at 31 March 2025 365 55,590 55,955
Depreciation
As at 1 April 2024 250 19,117 19,367
Provided during the period 28 3,648 3,676
As at 31 March 2025 278 22,765 23,043
Net Book Value
As at 31 March 2025 87 32,825 32,912
As at 1 April 2024 115 36,473 36,588
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,194 -
Prepayments and accrued income 2,798 2,279
VAT 380 -
6,372 2,279
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 602 -
Other taxes and social security 3,064 4,150
Net wages 5,573 600
Accruals and deferred income 2,111 1,920
Directors' loan accounts 201,057 10,493
212,407 17,163
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to parent undertaking - 226,460
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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