String & Timber Wine Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09322873 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

STRING & TIMBER WINE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S N Woods

REGISTERED OFFICE:

37 Wool Road

Dobcross

Oldham

Greater Manchester

OL3 5NS

REGISTERED NUMBER:

09322873 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Santander

40 Witton Street

Northwich

Cheshire

CW9 5AG

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

1,037

1,113

1,037

1,113

CURRENT ASSETS

Stocks

19,673

16,711

Debtors

6

3,707

1,012

Cash at bank

9,373

2,121

32,753

19,844

CREDITORS

Amounts falling due within one year

7

28,470

32,211

NET CURRENT ASSETS/(LIABILITIES)

4,283

(12,367

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,320

(11,254

)

CREDITORS

Amounts falling due after more than one
year

8

3,826

4,707

NET ASSETS/(LIABILITIES)

1,494

(15,961

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

1,493

(15,962

)

1,494

(15,961

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 13 August 2026 and were signed by:

Mr S N Woods - Director

1.	STATUTORY INFORMATION

String & Timber 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 accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are initially recorded at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

35,980

AMORTISATION

At 1 December 2024

and 30 November 2025

35,980

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 December 2024

2,189

1,376

3,565

Additions

-

137

At 30 November 2025

2,189

1,513

3,702

DEPRECIATION

At 1 December 2024

1,076

1,376

2,452

Charge for year

167

46

213

At 30 November 2025

1,243

1,422

2,665

NET BOOK VALUE

At 30 November 2025

946

91

1,037

At 30 November 2024

1,113

-

1,113

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade debtors

3,707

1,012

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Bank loans and overdrafts

977

957

Taxation and social security

6,396

5,975

Other creditors

21,097

25,279

28,470

32,211

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

Bank loans

3,826

4,707

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

878

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S N Woods.

10.	BASIS OF PREPARATION

The financial statements have been prepared on a going concern basis, the applicability of which is dependant upon the continued support of its director/shareholder. At the balance sheet date the company had net assets of £1,494 (£15,961 liabilities in 2024) and a reported profit for the year of £17,455 (£8,944 loss in 2024).

The director/shareholder has confirmed his continued support.