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REGISTERED NUMBER: 09307058 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

PREMIUM VINEYARD COMPANY UK LTD

PREMIUM VINEYARD COMPANY UK LTD (REGISTERED NUMBER: 09307058)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PREMIUM VINEYARD COMPANY UK LTD

COMPANY INFORMATION
for the year ended 30 November 2022







DIRECTORS: Mr M P J F Perrin
Mr M P M J Perrin





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 09307058 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

PREMIUM VINEYARD COMPANY UK LTD (REGISTERED NUMBER: 09307058)

ABRIDGED BALANCE SHEET
30 November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,286 11,797
Investments 5 53,281 53,281
63,567 65,078

CURRENT ASSETS
Stocks 103,815 11,969
Debtors 3,725,689 3,476,537
Cash at bank 5,145,794 4,048,940
8,975,298 7,537,446
CREDITORS
Amounts falling due within one year 2,961,546 2,629,419
NET CURRENT ASSETS 6,013,752 4,908,027
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,077,319

4,973,105

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,077,318 4,973,104
SHAREHOLDERS' FUNDS 6,077,319 4,973,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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.

PREMIUM VINEYARD COMPANY UK LTD (REGISTERED NUMBER: 09307058)

ABRIDGED BALANCE SHEET - continued
30 November 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2023 and were signed on its behalf by:





Mr M P J F Perrin - Director


PREMIUM VINEYARD COMPANY UK LTD (REGISTERED NUMBER: 09307058)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2022

1. STATUTORY INFORMATION

Premium Vineyard Company UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 2 ) .

PREMIUM VINEYARD COMPANY UK LTD (REGISTERED NUMBER: 09307058)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2021 18,939
Additions 1,918
At 30 November 2022 20,857
DEPRECIATION
At 1 December 2021 7,142
Charge for year 3,429
At 30 November 2022 10,571
NET BOOK VALUE
At 30 November 2022 10,286
At 30 November 2021 11,797

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 December 2021
and 30 November 2022 53,154
NET BOOK VALUE
At 30 November 2022 53,154
At 30 November 2021 53,154

Cost or valuation at 30 November 2022 is represented by:
Totals
£   
Cost 53,154

Investments (neither listed nor unlisted) were as follows:
2022 2021
£    £   
Other investments 127 127

PREMIUM VINEYARD COMPANY UK LTD (REGISTERED NUMBER: 09307058)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2022

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2022 and 30 November 2021:

2022 2021
£    £   
Mr M P J F Perrin
Balance outstanding at start of year 110 861
Amounts advanced 110 110
Amounts repaid (110 ) (861 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 110 110

Mr M P M J Perrin
Balance outstanding at start of year 1,262 493
Amounts advanced 5,948 1,262
Amounts repaid (1,262 ) (493 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,948 1,262

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the balance sheet date, the company owed £39,493 (2021 - £28,583) to Veritable Negociant GmBH and £21,234 (2021 - £21,156) to Veritable Scweiz GmBH, a companies incorporated in Germany and connected by virtue of common directors and shareholders.

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary undertaking of Perrin & Fils SAS, a company incorporated and domiciled in France.