Mark Jefferson Wines Limited

1 October 2021 false No description of principal activity Taxfiler 2023.5.3 NI050715business:PrivateLimitedCompanyLtd2021-10-012022-09-30 NI0507152021-09-30 NI0507152021-10-012022-09-30 NI050715business:AuditExemptWithAccountantsReport2021-10-012022-09-30 NI050715business:AbridgedAccounts2021-10-012022-09-30 NI0507152022-09-30 NI0507152021-09-30 NI050715core:WithinOneYear2022-09-30 NI050715core:WithinOneYear2021-09-30 NI050715core:AfterOneYear2022-09-30 NI050715core:AfterOneYear2021-09-30 NI050715core:ShareCapital2022-09-30 NI050715core:ShareCapital2021-09-30 NI050715core:RetainedEarningsAccumulatedLosses2022-09-30 NI050715core:RetainedEarningsAccumulatedLosses2021-09-30 NI050715business:SmallEntities2021-10-012022-09-30 NI050715business:Director12021-10-012022-09-30 NI050715countries:NorthernIreland2021-10-012022-09-30 NI050715business:RegisteredOffice2021-10-012022-09-30 NI050715business:OrdinaryShareClass12021-10-012022-09-30 NI050715business:OrdinaryShareClass12020-10-012021-09-30 NI050715business:Director112021-10-012022-09-30 NI050715business:Director112021-09-30 NI050715business:Director112022-09-30 NI0507152020-10-012021-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. NI050715 (Northern Ireland)
Mark Jefferson Wines Limited Unaudited accounts for the year ended 30 September 2022
Mark Jefferson Wines Limited Statement of financial position as at 30 September 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,250 
3,848 
Current assets
Inventories
11,990 
17,120 
Debtors
55,850 
54,592 
Cash at bank and in hand
4,095 
14,702 
71,935 
86,414 
Creditors: amounts falling due within one year
(101,500)
(109,228)
Net current liabilities
(29,565)
(22,814)
Total assets less current liabilities
(10,315)
(18,966)
Creditors: amounts falling due after more than one year
(26,933)
(17,145)
Net liabilities
(37,248)
(36,111)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(37,249)
(36,112)
Shareholders' funds
(37,248)
(36,111)
For the year ending 30 September 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 June 2023 and were signed on its behalf by
Mark Harold Jefferson Director Company Registration No. NI050715
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Mark Jefferson Wines Limited Notes to the Accounts for the year ended 30 September 2022
1
Statutory information
Mark Jefferson Wines Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI050715. The registered office is 177 Sandown Road, Belfast, BT5 6GX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Office equipment - 25% Straight line Motor Vehicles - 25% Straight line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 October 2021
15,970 
Additions
23,942 
At 30 September 2022
39,912 
Depreciation
At 1 October 2021
12,122 
Charge for the year
8,540 
At 30 September 2022
20,662 
Net book value
At 30 September 2022
19,250 
At 30 September 2021
3,848 
5
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Mark Jefferson Wines Limited Notes to the Accounts for the year ended 30 September 2022
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
The loan is interest free and repayable on demand.
- 
5,886 
- 
5,886 
- 
5,886 
- 
5,886 
7
Transactions with related parties
A directors loan of £5,886 was made to Mr Mark Jefferson in September 2022. This is interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2021: 1).
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