York Wines (Sheriff Hutton) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04775264 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST AUGUST 2024 TO 29TH JULY 2025

FOR

YORK WINES (SHERIFF HUTTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Edwards

Mrs A Edwards

REGISTERED OFFICE:

Moor Farm

Sheriff Hutton Road

York

YO32 5TX

REGISTERED NUMBER:

04775264 (England and Wales)

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

102,507

123,851

102,507

123,851

CURRENT ASSETS

Stocks

355,193

249,562

Debtors

6

79,405

81,675

Cash at bank and in hand

11,068

14,104

445,666

345,341

CREDITORS

Amounts falling due within one year

7

332,880

309,929

NET CURRENT ASSETS

112,786

35,412

TOTAL ASSETS LESS CURRENT LIABILITIES

215,293

159,263

CREDITORS

Amounts falling due after more than one year

8

(6,449

)

(19,066

)

PROVISIONS FOR LIABILITIES

(7,527

)

-

NET ASSETS

201,317

140,197

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

201,315

140,195

201,317

140,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29th July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29th July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28th April 2026 and were signed on its behalf by:

Mrs A Edwards - Director

N J Edwards - Director

1.	STATUTORY INFORMATION

York Wines (Sheriff Hutton) 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.

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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost and 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was 12 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st August 2024

and 29th July 2025

47,009

AMORTISATION

At 1st August 2024

and 29th July 2025

47,009

NET BOOK VALUE

At 29th July 2025

-

At 31st July 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1st August 2024

54,369

92,477

47,357

194,203

Additions

-

8,390

At 29th July 2025

54,369

92,477

55,747

202,593

DEPRECIATION

At 1st August 2024

14,854

32,309

23,190

70,353

Charge for period

5,927

15,042

8,764

29,733

At 29th July 2025

20,781

47,351

31,954

100,086

NET BOOK VALUE

At 29th July 2025

33,588

45,126

23,793

102,507

At 31st July 2024

39,515

60,168

24,167

123,850

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

69,941

72,892

Other debtors

9,464

8,783

79,405

81,675

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

7,716

-

Hire purchase contracts

11,681

17,638

Trade creditors

132,620

102,355

Amounts owed to group undertakings

56,736

57,788

Taxation and social security

14,058

12,099

Other creditors

110,069

120,049

332,880

309,929

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts

6,449

19,066

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £105,897 (2024 - £112,248) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.