The EWC Exceptional Wine Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07682838 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2014

FOR

THE EWC EXCEPTIONAL WINE COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

Mrs J C Butler

R E Butler

REGISTERED OFFICE:

C/O CMB Partnership Limited

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

REGISTERED NUMBER:

07682838 (England and Wales)

ACCOUNTANTS:

CMB Partnership Limited

Chartered Accountants

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

FIXED ASSETS

Tangible assets

2

27,017

4,200

CURRENT ASSETS

Stocks

90,045

40,874

Debtors

-

2,815

Cash at bank

2,236

7,640

92,281

51,329

CREDITORS

Amounts falling due within one year

5,157

567

NET CURRENT ASSETS

87,124

50,762

TOTAL ASSETS LESS CURRENT LIABILITIES

114,141

54,962

CREDITORS

Amounts falling due after more than one year

126,849

64,638

NET LIABILITIES

(12,708

)

(9,676

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(12,709

)

(9,677

)

SHAREHOLDERS' FUNDS

(12,708

)

(9,676

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2015 and were signed on its behalf by:

Mrs J C Butler - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover is recognised on despatch.

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% and 33% on cost

Stocks

Stock and work and progress is valued at the lower of cost and net realisable value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

The financial statements are prepared on a going concern basis. The directors have given assurances that they

will continue to financially support the company for a period of at least one year from the date of approval of

these financial statements.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

7,200

Additions

27,509

At 30 June 2014

34,709

DEPRECIATION

At 1 July 2013

3,000

Charge for year

4,692

At 30 June 2014

7,692

NET BOOK VALUE

At 30 June 2014

27,017

At 30 June 2013

4,200

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

1

Ordinary

£1

1

1

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of The EWC Exceptional Wine Company Limited for the year ended 30 June 2014 which comprise

the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The EWC Exceptional Wine Company Limited, as a body, in

accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the

financial statements of The EWC Exceptional Wine Company Limited and state those matters that we have agreed to

state to the Board of Directors of The EWC Exceptional Wine Company Limited, as a body, in this report in accordance

with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The EWC Exceptional Wine Company Limited has kept adequate accounting records and

to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss

of The EWC Exceptional Wine Company Limited. You consider that The EWC Exceptional Wine Company Limited is

exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The EWC Exceptional Wine

Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

CMB Partnership Limited

Chartered Accountants

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

31 March 2015