REGISTERED NUMBER: 05753255 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EATON WINE COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C F Eaton

Mrs R J Eaton

SECRETARY:

C F Eaton

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

05753255 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

10,459

Intangible assets

4

5,459

247,333

Tangible assets

5

242,374

257,792

247,833

CURRENT ASSETS

412,000

Stocks

390,000

148,913

Debtors

6

153,441

22,885

Cash at bank and in hand

1,898

583,798

545,339

CREDITORS

308,419

Amounts falling due within one year

7

265,313

275,379

NET CURRENT ASSETS

280,026

533,171

TOTAL ASSETS LESS CURRENT LIABILITIES

527,859

CREDITORS

(295,815

)

Amounts falling due after more than one year

8

(279,584

)

(5,475

)

PROVISIONS FOR LIABILITIES

(4,669

)

231,881

NET ASSETS

243,606

CAPITAL AND RESERVES

100

Called up share capital

100

2,186

Revaluation reserve

10

1,618

229,595

Retained earnings

241,888

231,881

SHAREHOLDERS' FUNDS

243,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

Mrs R J Eaton - Director

1.	STATUTORY INFORMATION

Eaton Wine Company Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of work completed during the year, by reference to invoiced sales and the movement between opening and closing trade debtor balances.

Intangible assets - goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated remaining useful life of ten years.

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

Fixtures and fittings - 25% on reducing balance

Motor vehicles - 25% on reducing balance

Computer equipment - 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.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

100,000

AMORTISATION

At 1 April 2024

89,541

Charge for year

5,000

At 31 March 2025

94,541

NET BOOK VALUE

At 31 March 2025

5,459

At 31 March 2024

10,459

5.	TANGIBLE FIXED ASSETS

Property

Plant and

Totals

improvements

machinery

£

£

£

COST OR VALUATION

At 1 April 2024

355,855

216,187

23,956

Additions

4,584

-

-

Disposals

(4,674

)

-

-

At 31 March 2025

355,765

216,187

23,956

DEPRECIATION

At 1 April 2024

108,522

-

21,763

Charge for year

8,743

-

550

Eliminated on disposal

(3,874

)

-

-

At 31 March 2025

113,391

-

22,313

NET BOOK VALUE

At 31 March 2025

242,374

216,187

1,643

At 31 March 2024

247,333

216,187

2,193

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

£

£

£

COST OR VALUATION

At 1 April 2024

45,852

51,451

18,409

Additions

834

-

3,750

Disposals

-

-

(4,674

)

At 31 March 2025

46,686

51,451

17,485

DEPRECIATION

At 1 April 2024

44,018

26,159

16,582

Charge for year

669

6,324

1,200

Eliminated on disposal

-

-

(3,874

)

At 31 March 2025

44,687

32,483

13,908

NET BOOK VALUE

At 31 March 2025

1,999

18,968

3,577

At 31 March 2024

1,834

25,292

1,827

Cost or valuation at 31 March 2025 is represented by:

Property

Plant and

Totals

improvements

machinery

£

£

£

Valuation in 2017

21,000

-

13,000

Cost

334,765

216,187

10,956

355,765

216,187

23,956

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

£

£

£

Valuation in 2017

8,000

-

-

Cost

38,686

51,451

17,485

46,686

51,451

17,485

Included in the above, is a motor vehicle which has been purchased under a hire purchase agreement.

The net book value of this asset as at 31st March 2025 was £12,094 (2024 - £16,125) and the depreciation charge for the year was £4,031 (2024 - £5,375).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

153,156

148,509

Other debtors

285

404

153,441

148,913

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

24,396

22,359

Hire purchase contracts

5,543

5,543

Trade creditors

180,933

221,077

Taxation and social security

47,169

52,885

Other creditors

7,272

6,555

265,313

308,419

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

64,026

89,295

Hire purchase contracts

7,391

12,934

Other creditors

208,167

193,586

279,584

295,815

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - (over 5 years)

2,315

7,871

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdraft

-

3

Bank loans

88,422

111,651

88,422

111,654

The bank overdraft and loans are secured by way of a fixed and floating charge over all of the company's assets.

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

2,186

Movement in deferred tax

133

Movement in depreciation charge

(701

)

At 31 March 2025

1,618