Aaryan's Food & Wine Ltd


Director	Nicoleta Denisa Mazilu


Registered Address	29 Ealing Road
	Brentford
	TW8 0LQ


Registered Number	12442141 (England and Wales)

Statement of Financial Position
29 February 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		823		1,097
			823		1,097
Current assets
Stocks	4	31,780		27,630
Debtors		27,135		21,380
Cash at bank and on hand		2,277		4,675
		61,192		53,685
Creditors amounts falling due within one year	5	(20,180)		(10,381)
Net current assets (liabilities)			41,012		43,304
Total assets less current liabilities			41,835		44,401
Creditors amounts falling due after one year	6		(29,167)		(39,198)
Provisions for liabilities	7		-		(208)
Net assets			12,668		4,995
Capital and reserves
Called up share capital			1		1
Profit and loss account			12,667		4,994
Shareholders' funds			12,668		4,995

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 August 2026, and are signed on its behalf by:

Nicoleta Denisa Mazilu
Director
Registered Company No. 12442141

Aaryan's Food & Wine Ltd

Notes to the Financial Statements
for the year ended 29 February 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The company was incorporated on 04.02.2019 and commenced the trading on same date.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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 sale of goods and from the rendering of services.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 March 23	1,400	-	732	2,132
At 29 February 24	1,400	-	732	2,132
Depreciation and impairment
At 01 March 23	612	423	-	1,035
Charge for year	197	77	-	274
At 29 February 24	809	500	-	1,309
Net book value
At 29 February 24	591	(500)	732	823
At 28 February 23	788	(423)	732	1,097

4.	Stocks
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). £27,130.

	2024	2023
	£	£
Finished goods	31,780	27,630
Total	31,780	27,630

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	15,666	1,588
Taxation and social security	2,394	3,965
Other creditors	2,120	4,828
Total	20,180	10,381


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Trade Creditors : 296.32, Other Creditors : 850, Taxation and social security : 70.38

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	29,167	39,198
Total	29,167	39,198


	Received bounce back loan for Covid-19 business support. Interest-free for 12 months, 2.5% interest over 6 years. Bank borrowings and overdrafts: £39,197.84.

7.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	-	208
Total	-	208