REGISTERED NUMBER: 11376381 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

NORTH COAST WINE WAREHOUSE AND LOUNGE

LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

10,673

16,841

CURRENT ASSETS

Stocks

5

48,766

63,116

Debtors

6

7,156

7,404

Cash at bank and in hand

65,656

60,311

121,578

130,831

CREDITORS

Amounts falling due within one year

7

108,619

113,164

NET CURRENT ASSETS

12,959

17,667

TOTAL ASSETS LESS CURRENT LIABILITIES

23,632

34,508

PROVISIONS FOR LIABILITIES

8

2,668

4,210

NET ASSETS

20,964

30,298

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

20,864

30,198

SHAREHOLDERS' FUNDS

20,964

30,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 April 2026 and were signed by:

Mr P J Benford - Director

1.	STATUTORY INFORMATION

North Coast Wine Warehouse And Lounge Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11376381

Registered office:

Unit 2.02 High Weald House

Glovers End

Bexhill-On-Sea

TN39 5ES

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.

TANGIBLE FIXED ASSETS

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

Improvements to property

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 October 2024

and 30 September 2025

17,432

8,057

92,675

2,069

120,233

Depreciation

At 1 October 2024

14,890

2,901

83,600

2,001

103,392

Charge for year

2,542

1,289

2,269

68

6,168

At 30 September 2025

17,432

4,190

85,869

2,069

109,560

Net book value

At 30 September 2025

-

3,867

6,806

-

10,673

At 30 September 2024

2,542

5,156

9,075

68

16,841

5.

STOCKS

2025

2024

£

£

Stocks

48,766

63,116

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

7,156

7,404

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,010

13,526

Taxation and social security

13,445

19,123

Other creditors

81,164

80,515

108,619

113,164

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,668

4,210

Deferred

tax

£

Balance at 1 October 2024

4,210

Utilised during year

(1,542

)

Balance at 30 September 2025

2,668

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100