REGISTERED NUMBER: 07513190 (England and Wales)

Ffarm Vintners Limited

Unaudited Financial Statements for the Year Ended 31 January 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Platt

Mr S C Appleton-Davies

REGISTERED OFFICE:

Unit 1

Council Street West

Llandudno

LL30 1ED

REGISTERED NUMBER:

07513190 (England and Wales)

ACCOUNTANTS:

Pritchett & Co

Chartered Accountants and Chartered Tax Advisers

16 Wynnstay Road

Colwyn Bay

Conwy

LL29 8NB

FIXED ASSETS

Tangible assets

4

46,827

13,298

CURRENT ASSETS

Stocks

203,775

227,542

Debtors

5

256,529

207,513

Cash at bank

13,857

47,454

474,161

482,509

CREDITORS

Amounts falling due within one year

6

217,322

212,970

NET CURRENT ASSETS

256,839

269,539

TOTAL ASSETS LESS CURRENT LIABILITIES

303,666

282,837

CREDITORS

Amounts falling due after more than one year

7

(20,555

)

(8,333

)

PROVISIONS FOR LIABILITIES

(11,287

)

(3,325

)

NET ASSETS

271,824

271,179

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

271,724

271,079

271,824

271,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 October 2026 and were signed on its behalf by:

Mr J Platt - Director

1.	STATUTORY INFORMATION

Ffarm Vintners 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Stocks

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

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

81,243

Additions

37,560

At 31 January 2026

118,803

DEPRECIATION

At 1 February 2025

67,945

Charge for year

4,031

At 31 January 2026

71,976

NET BOOK VALUE

At 31 January 2026

46,827

At 31 January 2025

13,298

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Trade debtors

153,514

135,137

Other debtors

103,015

72,376

256,529

207,513

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Hire purchase contracts

5,585

-

Trade creditors

118,314

85,502

Taxation and social security

78,043

111,396

Other creditors

15,380

16,072

217,322

212,970

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Hire purchase contracts

20,555

-

Other creditors

-

8,333

20,555

8,333

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/1/26

31/1/25

£

£

Hire purchase contracts

26,140

-

The company's overdraft is secured by a floating charge over its assets. Hire purchase liabilities are secured against the asset to which the finance relates.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in debtors is £73,444 due from a director, which comprises of the debtor balance at 31 January 2025 of £44,001, amounts advanced to the director in the year of £77,285 and amounts repaid by the director in the year of £47,842. Included in debtors is £26,956 due from a director, which comprises of the debtor balance at 31 January 2025 of £25,760, amounts advanced to the director in the year of £26,957 and amounts repaid by the director in the year of £25,761. Interest has been charged on the average balance at the official rate.