REGISTERED NUMBER: 04014316 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Sunset Wines Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A M Sample

Mr C N Sample

Mr M P Sample

REGISTERED OFFICE:

Unit 3 Cleveland Road

Scarborough

North Yorkshire

YO12 7BG

REGISTERED NUMBER:

04014316 (England and Wales)

ACCOUNTANTS:

Wasley Chapman

Chartered Accountants

5 Bobbies Bank

Whitby

North Yorkshire

YO21 1EF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

35,031

42,497

35,031

42,497

CURRENT ASSETS

Stocks

159,547

154,628

Debtors

6

163,544

157,089

Cash at bank and in hand

128,205

109,501

451,296

421,218

CREDITORS

Amounts falling due within one year

7

231,881

217,168

NET CURRENT ASSETS

219,415

204,050

TOTAL ASSETS LESS CURRENT LIABILITIES

254,446

246,547

CREDITORS

Amounts falling due after more than one year

8

(25,629

)

(32,426

)

PROVISIONS FOR LIABILITIES

(8,758

)

(10,624

)

NET ASSETS

220,059

203,497

CAPITAL AND RESERVES

Called up share capital

320

320

Retained earnings

219,739

203,177

SHAREHOLDERS' FUNDS

220,059

203,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 20 July 2026 and were signed on its behalf by:

Mr A M Sample - Director

Mr C N Sample - Director

Mr M P Sample - Director

1.	STATUTORY INFORMATION

Sunset Wines 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.

Plant and machinery - 10% on reducing balance

Fixtures and fittings - 25% on reducing balance

Motor Vehicles - 25% on reducing balance

Computer Equipment - 33% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account 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. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

100,519

AMORTISATION

At 1 April 2025

and 31 March 2026

100,519

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

15,009

11,806

38,548

7,977

73,340

Additions

-

774

-

2,157

2,931

At 31 March 2026

15,009

12,580

38,548

10,134

76,271

DEPRECIATION

At 1 April 2025

8,040

6,604

10,230

5,969

30,843

Charge for year

697

1,397

7,080

1,223

10,397

At 31 March 2026

8,737

8,001

17,310

7,192

41,240

NET BOOK VALUE

At 31 March 2026

6,272

4,579

21,238

2,942

35,031

At 31 March 2025

6,969

5,202

28,318

2,008

42,497

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

145,961

143,223

Prepayments

17,583

13,866

163,544

157,089

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

4,962

7,444

Trade creditors

174,249

113,160

Tax

27,721

30,384

Social security and other taxes

5,617

1,940

Pension Payable

430

405

VAT

5,171

12,635

Directors' loan accounts

9,829

47,412

Accrued expenses

3,902

3,788

231,881

217,168

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bounce back loan

23,148

28,704

Hire purchase contracts

2,481

3,722

25,629

32,426