Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-3102022-08-01falseNo description of principal activity0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09678846 2022-08-01 2023-07-31 09678846 2021-08-01 2022-07-31 09678846 2023-07-31 09678846 2022-07-31 09678846 c:Director2 2022-08-01 2023-07-31 09678846 d:CurrentFinancialInstruments 2023-07-31 09678846 d:CurrentFinancialInstruments 2022-07-31 09678846 d:Non-currentFinancialInstruments 2023-07-31 09678846 d:Non-currentFinancialInstruments 2022-07-31 09678846 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09678846 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 09678846 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 09678846 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 09678846 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 09678846 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-07-31 09678846 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-07-31 09678846 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-07-31 09678846 d:ShareCapital 2023-07-31 09678846 d:ShareCapital 2022-07-31 09678846 d:RetainedEarningsAccumulatedLosses 2023-07-31 09678846 d:RetainedEarningsAccumulatedLosses 2022-07-31 09678846 c:FRS102 2022-08-01 2023-07-31 09678846 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09678846 c:FullAccounts 2022-08-01 2023-07-31 09678846 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09678846 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 09678846









LUNZER WINE GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
LUNZER WINE GROUP LIMITED
REGISTERED NUMBER: 09678846

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
45,948
33,431

Debtors: amounts falling due within one year
 4 
2,279
17,572

Cash at bank and in hand
 5 
10,121
713

  
58,348
51,716

Creditors: amounts falling due within one year
 6 
(50,166)
(29,510)

Net current assets
  
 
 
8,182
 
 
22,206

Total assets less current liabilities
  
8,182
22,206

Creditors: amounts falling due after more than one year
 7 
(10,825)
(16,305)

  

Net (liabilities)/assets
  
(2,643)
5,901


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(2,743)
5,801

  
(2,643)
5,901


Page 1

 
LUNZER WINE GROUP LIMITED
REGISTERED NUMBER: 09678846
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 July 2024.




Peter Anthony Lunzer
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LUNZER WINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Lunzer Wine Group Limited is a private company limited by share capital. The company is incorporated in England and Wales under company number 09678846. The company's registered office address is located at 1 The Green, Richmond Surrey TW9 1PL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
LUNZER WINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 4

 
LUNZER WINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Debtors

2023
2022
£
£


Trade debtors
1,628
13,388

Other debtors
551
4,084

Called up share capital not paid
100
100

2,279
17,572



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
10,121
713

10,121
713



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
5,481
5,481

Trade creditors
23,442
23,028

Corporation tax
868
-

Other creditors
19,375
1

Accruals and deferred income
1,000
1,000

50,166
29,510



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
10,825
16,305

10,825
16,305


Page 5

 
LUNZER WINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
5,481
5,481


5,481
5,481

Amounts falling due 1-2 years

Other loans
5,963
5,624


5,963
5,624

Amounts falling due 2-5 years

Other loans
4,861
10,681


4,861
10,681


16,305
21,786


 
Page 6