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REGISTERED NUMBER: 05150546 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

G & Y Wynne Limited
Trading as
Bargain Booze

G & Y Wynne Limited (Registered number: 05150546)
Trading as Bargain Booze






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

G & Y Wynne Limited
Trading as Bargain Booze

Company Information
for the year ended 30 June 2024







DIRECTORS: D G Wynne
Mrs Y R Wynne





SECRETARY: D G Wynne





REGISTERED OFFICE: 43 Quarry Bank Rise
Winsford
Cheshire
CW7 2GJ





REGISTERED NUMBER: 05150546 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY

G & Y Wynne Limited (Registered number: 05150546)
Trading as Bargain Booze

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,000 -
Tangible assets 5 584,999 501,631
609,999 501,631

CURRENT ASSETS
Stocks 573,030 374,174
Debtors 6 5,800 5,800
Cash at bank and in hand 149,334 271,395
728,164 651,369
CREDITORS
Amounts falling due within one year 7 504,686 437,379
NET CURRENT ASSETS 223,478 213,990
TOTAL ASSETS LESS CURRENT LIABILITIES 833,477 715,621

CREDITORS
Amounts falling due after more than one year 8 (61,875 ) -

PROVISIONS FOR LIABILITIES (11,454 ) (1,758 )
NET ASSETS 760,148 713,863

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 760,146 713,861
SHAREHOLDERS' FUNDS 760,148 713,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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

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 6 November 2024 and were signed on its behalf by:





D G Wynne - Director


G & Y Wynne Limited (Registered number: 05150546)
Trading as Bargain Booze

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

G & Y Wynne Limited 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses in 2004 & 2104, has been amortised down to its market value.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 5% per annum straight line
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

G & Y Wynne Limited (Registered number: 05150546)
Trading as Bargain Booze

Notes to the Financial Statements - continued
for the year ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2023 - 41 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023 315,000
Additions 70,000
At 30 June 2024 385,000
AMORTISATION
At 1 July 2023 315,000
Charge for year 45,000
At 30 June 2024 360,000
NET BOOK VALUE
At 30 June 2024 25,000
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 422,559 113,167 159,620 4,407 699,753
Additions - 34,763 120,352 1,166 156,281
At 30 June 2024 422,559 147,930 279,972 5,573 856,034
DEPRECIATION
At 1 July 2023 30,204 10,525 153,653 3,740 198,122
Charge for year 8,451 7,397 56,350 715 72,913
At 30 June 2024 38,655 17,922 210,003 4,455 271,035
NET BOOK VALUE
At 30 June 2024 383,904 130,008 69,969 1,118 584,999
At 30 June 2023 392,355 102,642 5,967 667 501,631

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,800 5,800

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,500 -
Trade creditors 26,672 16,766
Taxation and social security 71,234 84,766
Other creditors 399,280 335,847
504,686 437,379

G & Y Wynne Limited (Registered number: 05150546)
Trading as Bargain Booze

Notes to the Financial Statements - continued
for the year ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 61,875 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 31,875 -

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
G & Y Wynne Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G & Y Wynne Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of G & Y Wynne Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G & Y Wynne Limited and state those matters that we have agreed to state to the Board of Directors of G & Y Wynne Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G & Y Wynne Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that G & Y Wynne Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G & Y Wynne Limited. You consider that G & Y Wynne Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G & Y Wynne Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY


6 November 2024