Accounts Submission

Accounts Submission

THE WINE EDUCATION SERVICE LIMITED - Company Information

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THE WINE EDUCATION SERVICE LIMITED

Company Registration Number:
04512634 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

Page 1

THE WINE EDUCATION SERVICE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Page 2

THE WINE EDUCATION SERVICE LIMITED

Company Information

for the Period Ended 31 March 2019




Director: Dr M L Franks
Mr A M Leckie
Secretary: Dr M L Franks
Registered office: Vanguard Business Centre
Alperton Lane Western Avenue
Greenford
Middlesex
UB6 8AA
Company Registration Number: 04512634 (England and Wales)

Page 3

THE WINE EDUCATION SERVICE LIMITED

Directors' Report Period Ended 31 March 2019

The directors present their report with the financial statements of the company for the period ended 31 March 2019

Principal Activities

The provision of training and consultancy particularly in wine and wine related fields

Directors

The directors shown below have held office during the whole of the period from 01 April 2018 to 31 March 2019
Dr M L Franks
Mr A M Leckie

Secretary
Dr M L Franks

This report was approved by the board of directors on 28 October 2019
And Signed On Behalf Of The Board By:

Name: Dr M L Franks
Status: Director

Page 4

THE WINE EDUCATION SERVICE LIMITED

Profit and Loss Account

for the Period Ended 31 March 2019


Notes
2019
£
2018
£
Turnover 13,689 13,573
Cost of sales (3,252) (3,010)
Gross Profit or (Loss) 10,437 10,563
Distribution Costs (18) (0)
Administrative Expenses (14,462) (15,155)
Operating Profit or (Loss) (4,043) (4,592)
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges (0) (0)
Profit or (Loss) Before Tax (4,043) (4,592)
Tax on Profit (0) (0)
Profit or (Loss) for Period (4,043) (4,592)

The notes form part of these financial statements

Page 5

THE WINE EDUCATION SERVICE LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
£
2018
£
Fixed assets
Intangible assets: 2 50,000 50,000
Total fixed assets: 50,000 50,000
Current assets
Stocks: 12,873 13,655
Debtors: 3 2,788 3,022
Cash at bank and in hand: 1,006 1,899
Total current assets: 16,667 18,576
Creditors: amounts falling due within one year: 4 ( 26,409 ) ( 24,175 )
Net current assets (liabilities): ( 9,742 ) ( 5,599 )
Total assets less current liabilities: 40,258 44,401
Total net assets (liabilities): 40,258 44,401

The notes form part of these financial statements

Page 6

THE WINE EDUCATION SERVICE LIMITED

Balance sheet continued

As at 31 March 2019


Notes
2019
£
2018
£
Capital and reserves
Called up share capital: 50,100 50,100
Profit and loss account: ( 9,842 ) ( 5,699 )
Shareholders funds: 40,258 44,401

For the year ending 31 March 2019 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 October 2019
And Signed On Behalf Of The Board By:

Name: Dr M L Franks
Status: Director

The notes form part of these financial statements

Page 7

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 8

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Intangible assets

Goodwill Total
Cost £ £
At 01 April 2018 50,000 50,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2019 50,000 50,000
Amortisation
Amortisation at 01 April 2018 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2019 - -
Net book value
Net book value at 31 March 2019 50,000 50,000
Net book value at 31 March 2018 50,000 50,000

Page 9

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Debtors


2019
£
2018
£
Trade debtors 2,788 3,022
Total 2,788 3,022

Page 10

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4.Creditors: amounts falling due within one year note


2019
£
2018
£
Trade creditors 26,409 24,175
Total 26,409 24,175

Page 11