REGISTERED NUMBER: 11975753 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

NOBLE ROT FINE WINE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E Johnstone

P F H Stephens

S A Moss

REGISTERED OFFICE:

The Priory

19 Pasture Lane

Knipton

Grantham

NG32 1RF

REGISTERED NUMBER:

11975753 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

81,187

117,516

Tangible assets

5

30,615

33,604

Investments

6

2,000

4,000

113,802

155,120

CURRENT ASSETS

Stocks

280,804

290,698

Debtors

7

135,418

139,256

Cash at bank

130,629

211,411

546,851

641,365

CREDITORS

Amounts falling due within one year

8

560,317

606,864

NET CURRENT (LIABILITIES)/ASSETS

(13,466

)

34,501

TOTAL ASSETS LESS CURRENT LIABILITIES

100,336

189,621

CREDITORS

Amounts falling due after more than one year

9

23,263

28,514

NET ASSETS

77,073

161,107

CAPITAL AND RESERVES

Called up share capital

222

222

Share premium

200,000

200,000

Retained earnings

(123,149

)

(39,115

)

77,073

161,107

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 28 May 2026 and were signed on its behalf by:

E Johnstone - Director

1.	STATUTORY INFORMATION

Noble Rot Fine Wine 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 the revenue generated from sales of wine to clients, commission from purchases and sales of wine on behalf of clients and management fees charged to clients. Revenue is only taken into account in respect of sales to clients once firm commitments have been entered into by both suppliers and customers.

Goodwill

Goodwill, being paid in connection with the purchase of a business in the period ending 30th April 2020, is being amortised evenly over its estimated useful life.

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

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation

Taxation for the year 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 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Investments

Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

254,300

AMORTISATION

At 1 May 2024

136,784

Charge for year

36,329

At 30 April 2025

173,113

NET BOOK VALUE

At 30 April 2025

81,187

At 30 April 2024

117,516

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

60,175

Additions

8,571

At 30 April 2025

68,746

DEPRECIATION

At 1 May 2024

26,571

Charge for year

11,560

At 30 April 2025

38,131

NET BOOK VALUE

At 30 April 2025

30,615

At 30 April 2024

33,604

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

and 30 April 2025

10,000

PROVISIONS

At 1 May 2024

6,000

Provision for year

2,000

At 30 April 2025

8,000

NET BOOK VALUE

At 30 April 2025

2,000

At 30 April 2024

4,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

120,070

96,706

Other debtors

15,348

42,550

135,418

139,256

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

6,224

6,375

Trade creditors

324,277

300,555

Taxation and social security

5,660

7,701

Other creditors

224,156

292,233

560,317

606,864

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

23,263

28,514

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

23,105