Company Registration No. 09068213 (England and Wales)
Ionica Wine Cellars Ltd
Unaudited accounts
for the year ended 30 June 2017
Ionica Wine Cellars Ltd
Unaudited accounts
Contents
Ionica Wine Cellars Ltd
Company Information
for the year ended 30 June 2017
Company Number
09068213 (England and Wales)
Registered Office
53 HIGH STREET,
CHEVELEY
NEWMARKET
SUFFOLK
CB8 9DQ
Accountants
M & JB Associates Ltd
53 High Street
Cheveley
Newmarket
Suffolk
CB8 9DQ
Ionica Wine Cellars Ltd
Statement of financial position
as at 30 June 2017
Tangible assets
1,699
2,266
Cash at bank and in hand
9,279
6,165
Creditors: amounts falling due within one year
(63,519)
(38,865)
Net current assets/(liabilities)
10,724
(1,907)
Called up share capital
100
100
Profit and loss account
12,323
259
Shareholders' funds
12,423
359
For the year ending 30 June 2017 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.
Approved by the Board on 28 March 2018.
Dritan Doda
Director
Company Registration No. 09068213
Ionica Wine Cellars Ltd
Notes to the Accounts
for the year ended 30 June 2017
Ionica Wine Cellars Ltd is a private company, limited by shares, registered in England and Wales, registration number 09068213. The registered office is 53 HIGH STREET,, CHEVELEY, NEWMARKET, SUFFOLK, CB8 9DQ.
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.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 0 (2016: 0).
