Wine Travel Experts Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 16208390

		2026
	Notes	£	£
FIXED ASSETS
Intangible Assets	4		12,370
Tangible Assets	5		526

			12,896
CURRENT ASSETS
Debtors	6	727
Cash at bank and in hand		27,148

		27,875
Creditors: Amounts Falling Due Within One Year	7	(25,227 )

NET CURRENT ASSETS (LIABILITIES)			2,648

TOTAL ASSETS LESS CURRENT LIABILITIES			15,544

Creditors: Amounts Falling Due After More Than One Year	8		(24,870 )

NET LIABILITIES			(9,326 )

CAPITAL AND RESERVES
Called up share capital	9		1,000
Profit and Loss Account			(10,326 )

SHAREHOLDERS' FUNDS			(9,326)

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Wine Travel Experts Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms H McEvoy

Director

31st July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Wine Travel Experts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16208390 . The registered office is Unit 3 Cuckoo Wharf, 427 Lichfield Road, Birmingham, B6 7SS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

15% reducing balance

2.5. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.7.

Trade debtors and trade creditors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current

liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at

amortised cost using the effective interest method.

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Wine Travel Experts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.8.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4

4. Intangible Assets

	Goodwill
	£
Cost
As at 26 January 2025	-
Additions	13,745

As at 31 January 2026	13,745

Amortisation
As at 26 January 2025	-
Provided during the period	1,375

As at 31 January 2026	1,375

Net Book Value
As at 31 January 2026	12,370

As at 26 January 2025	-

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 26 January 2025	578

As at 31 January 2026	578

Depreciation
As at 26 January 2025	-
Provided during the period	52

As at 31 January 2026	52

Net Book Value
As at 31 January 2026	526

As at 26 January 2025	578

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Wine Travel Experts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Debtors

	2026
	£
Due within one year
Trade debtors	227
Other debtors	500

	727

7. Creditors: Amounts Falling Due Within One Year

	2026
	£
Trade creditors	(1 )
Amounts owed to participating interests	24,628
Other creditors	600

	25,227

8. Creditors: Amounts Falling Due After More Than One Year

	2026
	£
Other creditors	24,870

9. Share Capital

	2026
	£
Allotted, Called up and fully paid	1,000

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