REGISTERED NUMBER: 09051796 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

VIP Bottles Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B S Gill

H S Uppal

REGISTERED OFFICE:

Unit 4, Kingsley Industrial Park

New Road

Kibworth Beauchamp

Leicester

Leicestershire

LE8 0LE

REGISTERED NUMBER:

09051796 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

93,051

111,753

CURRENT ASSETS

Stocks

649,111

655,040

Debtors

5

131,992

80,154

Cash at bank and in hand

24,193

29

805,296

735,223

CREDITORS

Amounts falling due within one year

6

(787,645

)

(582,270

)

NET CURRENT ASSETS

17,651

152,953

TOTAL ASSETS LESS CURRENT LIABILITIES

110,702

264,706

CREDITORS

Amounts falling due after more than one year

7

(127,931

)

(232,359

)

PROVISIONS FOR LIABILITIES

(16,900

)

(23,239

)

NET (LIABILITIES)/ASSETS

(34,129

)

9,108

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(34,229

)

9,008

(34,129

)

9,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

B S Gill - Director

1.	STATUTORY INFORMATION

VIP Bottles Ltd 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.

Going concern

The company had net current liabilities at the year end. It is dependent on the continued support of the directors for the continuance of trade. The directors intend to continue with such support. On that basis the directors considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of that support.

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.

Freehold property

-

2% on cost

Improvements to property

-

20% on cost

Plant and machinery

-

15% on reducing balance and Straight line over 3 years

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and estimated selling price less cost to complete and sell, 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 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.

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.

Government grants

Government grants receivable in relation to expenditure is recognised when the expenditure is charged to the profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 August 2024

4,765

34,186

34,106

Additions

-

17,096

11,203

Disposals

(4,765

)

(34,186

)

(25,200

)

At 31 July 2025

-

17,096

20,109

DEPRECIATION

At 1 August 2024

-

24,503

17,794

Charge for year

-

2,564

4,091

Eliminated on disposal

-

(24,503

)

(13,120

)

At 31 July 2025

-

2,564

8,765

NET BOOK VALUE

At 31 July 2025

-

14,532

11,344

At 31 July 2024

4,765

9,683

16,312

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

61,269

25,000

53,031

212,357

Additions

262

-

845

29,406

Disposals

(1,483

)

-

-

(65,634

)

At 31 July 2025

60,048

25,000

53,876

176,129

DEPRECIATION

At 1 August 2024

28,249

6,250

23,808

100,604

Charge for year

4,862

4,688

4,511

20,716

Eliminated on disposal

(619

)

-

-

(38,242

)

At 31 July 2025

32,492

10,938

28,319

83,078

NET BOOK VALUE

At 31 July 2025

27,556

14,062

25,557

93,051

At 31 July 2024

33,020

18,750

29,223

111,753

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

99,627

42,843

Other debtors

32,365

37,311

131,992

80,154

Other debtors include prepayments and accrued income of £2,556 (2024: £11,156).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

92,133

108,070

Hire purchase contracts

4,958

4,149

Trade creditors

231,388

159,788

Taxation and social security

33,414

45,411

Other creditors

425,752

264,852

787,645

582,270

Other creditors include accruals of £10,082 (2024: £13,876).

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

3,531

13,944

Hire purchase contracts

15,210

20,198

Other creditors

109,190

198,217

127,931

232,359

8.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £82,644 (2024: £121,722)

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

£

H S Uppal

Balance outstanding at start of year

-

-

Amounts advanced

36,315

10,942

Amounts repaid

(36,315

)

(10,942

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

B S Gill

Balance outstanding at start of year

-

-

Amounts advanced

-

39,671

Amounts repaid

-

(39,671

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The loan was repayable on demand and interest has been charged at the HMRC Official Rate.