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 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

Page 1

THE WINE EDUCATION SERVICE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Page 2

THE WINE EDUCATION SERVICE LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Dr M L Franks
Mr A M Leckie
Secretary: Dr M L Franks
Registered office: 18
Hazel Gardens
Edgware
England
HA8 8PB
Company Registration Number: 04512634 (England and Wales)

Page 3

THE WINE EDUCATION SERVICE LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

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 2022 to 31 March 2023
Dr M L Franks
Mr A M Leckie

Secretary
Dr M L Franks

This report was approved by the board of directors on 14 June 2023
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 2023


Notes
2023
£
2022
£
Turnover 12,451 8,550
Cost of sales ( 3,470 ) ( 334 )
Gross Profit or (Loss) 8,981 8,216
Administrative Expenses ( 9,055 ) ( 7,994 )
Operating Profit or (Loss) ( 74 ) 222
Profit or (Loss) Before Tax ( 74 ) 222
Profit or (Loss) for Period ( 74 ) 222

The notes form part of these financial statements

Page 5

THE WINE EDUCATION SERVICE LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
£
2022
£
Fixed assets
Intangible assets: 4 50,000 50,000
Total fixed assets: 50,000 50,000
Current assets
Stocks: 10,185 12,633
Debtors: 5 2,015 932
Cash at bank and in hand: 1,516 1,603
Total current assets: 13,716 15,168
Creditors: amounts falling due within one year: 6 ( 29,653 ) ( 31,031 )
Net current assets (liabilities): ( 15,937 ) ( 15,863 )
Total assets less current liabilities: 34,063 34,137
Total net assets (liabilities): 34,063 34,137

The notes form part of these financial statements

Page 6

THE WINE EDUCATION SERVICE LIMITED

Balance sheet continued

As at 31 March 2023


Notes
2023
£
2022
£
Capital and reserves
Called up share capital: 50,100 50,100
Profit and loss account: ( 16,037 ) ( 15,963 )
Shareholders funds: 34,063 34,137

For the year ending 31 March 2023 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 14 June 2023
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 2023

  • 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 2023

  • 2. Employees


    2023
    2022
    Average number of employees during the period 2 2

Page 9

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

Page 10

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 April 2022 50,000 50,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 50,000 50,000
Amortisation
Amortisation at 01 April 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2023 - -
Net book value
Net book value at 31 March 2023 50,000 50,000
Net book value at 31 March 2022 50,000 50,000

Page 11

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£
2022
£
Trade debtors 2,015 932
Total 2,015 932

Page 12

THE WINE EDUCATION SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£
2022
£
Trade creditors 29,653 31,031
Total 29,653 31,031

Page 13