Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11109075 Mr A A Gray Ms J A Wardle Grays & Feather Limited Mill House, Liphook Road, Haslemere, England, GU27 3QE true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11109075 2022-12-31 11109075 2023-12-31 11109075 2023-01-01 2023-12-31 11109075 frs-core:CurrentFinancialInstruments 2023-12-31 11109075 frs-core:Non-currentFinancialInstruments 2023-12-31 11109075 frs-core:BetweenOneFiveYears 2023-12-31 11109075 frs-core:ComputerEquipment 2023-12-31 11109075 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11109075 frs-core:ComputerEquipment 2022-12-31 11109075 frs-core:FurnitureFittings 2023-12-31 11109075 frs-core:FurnitureFittings 2023-01-01 2023-12-31 11109075 frs-core:FurnitureFittings 2022-12-31 11109075 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 11109075 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 11109075 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 11109075 frs-core:MoreThanFiveYears 2023-12-31 11109075 frs-core:PlantMachinery 2023-12-31 11109075 frs-core:PlantMachinery 2023-01-01 2023-12-31 11109075 frs-core:PlantMachinery 2022-12-31 11109075 frs-core:WithinOneYear 2023-12-31 11109075 frs-core:ShareCapital 2023-12-31 11109075 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11109075 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11109075 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11109075 frs-bus:SmallEntities 2023-01-01 2023-12-31 11109075 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11109075 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11109075 1 2023-01-01 2023-12-31 11109075 frs-bus:Director1 2023-01-01 2023-12-31 11109075 frs-bus:Director1 2022-12-31 11109075 frs-bus:Director1 2023-12-31 11109075 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 11109075 frs-countries:EnglandWales 2023-01-01 2023-12-31 11109075 2021-12-31 11109075 2022-12-31 11109075 2022-01-01 2022-12-31 11109075 frs-core:CurrentFinancialInstruments 2022-12-31 11109075 frs-core:Non-currentFinancialInstruments 2022-12-31 11109075 frs-core:BetweenOneFiveYears 2022-12-31 11109075 frs-core:MoreThanFiveYears 2022-12-31 11109075 frs-core:WithinOneYear 2022-12-31 11109075 frs-core:ShareCapital 2022-12-31 11109075 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Plume Wine Bar Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11109075
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 241,080 269,798
241,080 269,798
CURRENT ASSETS
Stocks 10,000 5,700
Debtors 5 63,954 31,867
Cash at bank and in hand 43,225 129,411
117,179 166,978
Creditors: Amounts Falling Due Within One Year 6 (323,442 ) (532,874 )
NET CURRENT ASSETS (LIABILITIES) (206,263 ) (365,896 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,817 (96,098 )
Creditors: Amounts Falling Due After More Than One Year 7 (32,768 ) (38,444 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,059 ) (794 )
NET ASSETS/(LIABILITIES) 990 (135,336 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 890 (135,436 )
SHAREHOLDERS' FUNDS 990 (135,336)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A A Gray
Director
11 July 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Plume Wine Bar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11109075 . The registered office is Mill House, Liphook Road, Haslemere, Surrey, GU27 3QE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised on a point of sale basis. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight line for the duration of the lease
Plant & Machinery Straight line over 4 years
Fixtures & Fittings Straight line over 5 years
Computer Equipment Straight line over 5 years
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due provision for wastage and slow moving items.
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss. 
Derivative financial instruments, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.9. Related party exemption
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.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 22 (2022: 22)
22 22
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 411,082 109,661 16,826 2,552 540,121
Additions - 819 - 847 1,666
As at 31 December 2023 411,082 110,480 16,826 3,399 541,787
Depreciation
As at 1 January 2023 145,462 109,264 15,159 438 270,323
Provided during the period 28,775 342 587 680 30,384
As at 31 December 2023 174,237 109,606 15,746 1,118 300,707
Net Book Value
As at 31 December 2023 236,845 874 1,080 2,281 241,080
As at 1 January 2023 265,620 397 1,667 2,114 269,798
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 9,977 -
Other debtors 53,977 31,867
63,954 31,867
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 99,622 125,833
Bank loans and overdrafts 5,673 5,454
Amounts owed to participating interests 109,359 335,934
Other creditors 10,709 20,349
Taxation and social security 98,079 45,304
323,442 532,874
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 32,768 38,444
32,768 38,444
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 90,000 90,000
Later than one year and not later than five years 360,000 360,000
Later than five years 382,500 472,500
832,500 922,500
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Andrew Gray - 19,909 9,909 - 10,000
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
All related party transactions are completed on an arm's length basis and at market value. No disclosures of individual transactions are therefore necessary in these financial statements.
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Grays & Feather Limited . Grays & Feather Limited was incorporated in England. Copies of the group accounts may be obtained from the secretary, Mill House, Liphook Road, Haslemere, England, GU27 3QE . The ultimate controlling party is Grays & Feather Limited who controls 100% of the shares of Plume Wine Bar Ltd .
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