REGISTERED NUMBER: 00911202 (England and Wales)

Financial Statements

for the Year Ended 31st March 2026

for

The Merchant Vintners Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J.J. Eustace

J.J. Tanner

J.C. Townend

N. Hillman

A.A. Cleary

M.E. Trease

S.P. Wallace

SECRETARY:

A.M. Sidebottom

REGISTERED OFFICE:

c/o House of Townend

Wyke Way

Melton West Industrial Estate

Melton

East Yorkshire

HU14 3BQ

REGISTERED NUMBER:

00911202 (England and Wales)

AUDITORS:

Sadofskys

Statutory Auditors

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

BANKERS:

HSBC PLC

3-4 Jameson Street

Hull

East Yorkshire

HU1 3JX

SOLICITORS:

Andrew Jackson

Marina Court

Castle Street

Hull

East Yorkshire

HU1 1TJ

FIXED ASSETS

Tangible assets

4

2,594

3,191

CURRENT ASSETS

Stocks

2,146,292

2,137,660

Debtors

5

593,483

659,799

2,739,775

2,797,459

CREDITORS

Amounts falling due within one year

6

1,358,765

1,492,372

NET CURRENT ASSETS

1,381,010

1,305,087

TOTAL ASSETS LESS CURRENT LIABILITIES

1,383,604

1,308,278

PROVISIONS FOR LIABILITIES

8

649

798

NET ASSETS

1,382,955

1,307,480

CAPITAL AND RESERVES

Called up share capital

44,000

48,000

Capital redemption reserve

29,000

25,000

Retained earnings

1,309,955

1,234,480

SHAREHOLDERS' FUNDS

1,382,955

1,307,480

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th August 2026 and were signed on its behalf by:

J.J. Tanner - Director

J.C. Townend - Director

1.	STATUTORY INFORMATION

The Merchant Vintners Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the amount derived from ordinary activities, and stated after trade discounts, other sales taxes and net of VAT. Turnover is recognised when the goods have been dispatched.

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 etc

-

20% on cost

Stocks

Stock is valued at the lower of the average cost and net realisable value. The average cost is calculated by including all direct expenditure and a proportion of fixed and variable overheads. The average cost is updated upon delivery of each order.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other operating expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2025

14,739

Additions

227

At 31st March 2026

14,966

DEPRECIATION

At 1st April 2025

11,548

Charge for year

824

At 31st March 2026

12,372

NET BOOK VALUE

At 31st March 2026

2,594

At 31st March 2025

3,191

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

540,113

610,845

Other debtors

53,370

48,954

593,483

659,799

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

507,994

144,990

Trade creditors

569,235

832,206

Taxation and social security

28,090

51,209

Other creditors

253,446

463,967

1,358,765

1,492,372

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

507,994

144,990

The bank overdraft is secured by a debenture including fixed and floating charges over the assets of the company.

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

649

798

Deferred

tax

£

Balance at 1st April 2025

798

Credit to Income Statement during year

(149

)

Balance at 31st March 2026

649

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Alan Brocklehurst (Senior Statutory Auditor)

for and on behalf of Sadofskys