Wayfarer Wines LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC407218

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		307,577		315,014

			307,577		315,014
CURRENT ASSETS
Stocks	5	76,101		82,203
Debtors	6	671,237		586,266
Cash at bank and in hand		2,900		1,234

		750,238		669,703
Creditors: Amounts Falling Due Within One Year	7	(4,292 )		(9,394 )

NET CURRENT ASSETS (LIABILITIES)			745,946		660,309

TOTAL ASSETS LESS CURRENT LIABILITIES			1,053,523		975,323

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,053,523		975,323

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		1,053,523		975,323

			1,053,523		975,323

			1,053,523		975,323

TOTAL MEMBERS' INTEREST
Amounts due from members			(664,221)		(580,763)
Loans and other debts due to members within one year			1,053,523		975,323

			389,302		394,560

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Wayfarer Wines LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

J W Ashford

Designated Member

2 January 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Wayfarer Wines LLP is a limited liability partnership, incorporated in England & Wales, registered number OC407218 . The Registered Office is Leonard House, 5-7 Newman Road, Bromley, Kent, BR1 1RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

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:

Freehold	Not depreciated
Plant & Machinery	10% on cost and at varying rates on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Wayfarer Wines LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 5 (2024: 5)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2024	239,154	89,405	14,890	343,449
Additions	-	982	-	982

As at 31 March 2025	239,154	90,387	14,890	344,431

Depreciation
As at 1 April 2024	-	25,457	2,978	28,435
Provided during the period	-	6,930	1,489	8,419

As at 31 March 2025	-	32,387	4,467	36,854

Net Book Value
As at 31 March 2025	239,154	58,000	10,423	307,577

As at 1 April 2024	239,154	63,948	11,912	315,014

5. Stocks

	2025	2024
	£	£
Stock	76,101	82,203

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	671,237	586,266

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Wayfarer Wines LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	2,040
Trade creditors	1,542	4,544
Other creditors	2,750	2,750
Taxation and social security	-	60

	4,292	9,394

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	2,040

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