UNDERSTAND WINE LTD

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

Registered number: 08186706

		30 September 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	6	-		11,132
Debtors	7	-		174
Cash at bank and in hand		1,935		-

		1,935		11,306
Creditors: Amounts Falling Due Within One Year	8	(46,979 )		(33,278 )

NET CURRENT ASSETS (LIABILITIES)			(45,044 )		(21,972 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(45,044 )		(21,972 )

Creditors: Amounts Falling Due After More Than One Year	9		-		(6,000 )

NET LIABILITIES			(45,044 )		(27,972 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(45,144 )		(28,072 )

SHAREHOLDERS' FUNDS			(45,044)		(27,972)

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UNDERSTAND WINE LTD

Balance Sheet (continued)

As At 30 September 2026

For the period ending 30 September 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges her 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 Jacqueline Sugden

Director

16/10/2026

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

1. General Information

UNDERSTAND WINE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08186706 . The registered office is Holly Lodge, 39 Beck Lane, Bingley, West Yorkshire, BD16 4DD.

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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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 profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Fixtures & Fittings

25% Straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

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UNDERSTAND WINE LTD

Notes to the Financial Statements (continued)

For the Period 1 April 2025 to 30 September 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	22,399

As at 30 September 2026	22,399

Amortisation
As at 1 April 2025	22,399

As at 30 September 2026	22,399

Net Book Value
As at 30 September 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2025	4,050

As at 30 September 2026	4,050

Depreciation
As at 1 April 2025	4,050

As at 30 September 2026	4,050

Net Book Value
As at 30 September 2026	-

As at 1 April 2025	-

6. Stocks

	30 September 2026	31 March 2025
	£	£
Stock	-	11,132

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UNDERSTAND WINE LTD

Notes to the Financial Statements (continued)

For the Period 1 April 2025 to 30 September 2026

7. Debtors

	30 September 2026	31 March 2025
	£	£
Due within one year
VAT	-	174

8. Creditors: Amounts Falling Due Within One Year

	30 September 2026	31 March 2025
	£	£
Trade creditors	1,545	2,220
Bank loans and overdrafts	-	7,555
Accruals and deferred income	-	7,543
Director's loan account	45,434	15,960

	46,979	33,278

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

	30 September 2026	31 March 2025
	£	£
Bank loans	-	6,000

10. Share Capital

	30 September 2026	31 March 2025
	£	£
Allotted, Called up and fully paid	100	100

11. Ultimate Controlling Party

The company's ultimate controlling party is Mrs Jacqueline Sugden by virtue of her ownership of 100% of the issued share capital in the company.

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