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REGISTERED NUMBER: 11454006 (England and Wales)


Financial Statements for the Year Ended 30 June 2024

for

Rumney Food & Wine Ltd

Rumney Food & Wine Ltd (Registered number: 11454006)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rumney Food & Wine Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr Daljit Singh Arorra
Mr. Jasmeet Singh Khurana





REGISTERED OFFICE: Bridge House
9 - 13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 11454006 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Rumney Food & Wine Ltd (Registered number: 11454006)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 144,206 144,206
Property, plant and equipment 5 7,612 10,150
151,818 154,356

CURRENT ASSETS
Inventories 25,401 25,577
Debtors 6 2,534 1,886
Cash at bank and in hand 2,650 2,548
30,585 30,011
CREDITORS
Amounts falling due within one year 7 177,742 135,994
NET CURRENT LIABILITIES (147,157 ) (105,983 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,661

48,373

CREDITORS
Amounts falling due after more than one
year

8

41,773

51,773
NET LIABILITIES (37,112 ) (3,400 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (37,212 ) (3,500 )
SHAREHOLDERS' FUNDS (37,112 ) (3,400 )

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.

Rumney Food & Wine Ltd (Registered number: 11454006)

Statement of Financial Position - continued
30 June 2024


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 26 November 2024 and were signed on its behalf by:





Mr Daljit Singh Arorra - Director


Rumney Food & Wine Ltd (Registered number: 11454006)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Rumney Food & Wine 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.

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
Revenue 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 a business in 2019.

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.
Plant and machinery etc - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 144,206
NET BOOK VALUE
At 30 June 2024 144,206
At 30 June 2023 144,206

Rumney Food & Wine Ltd (Registered number: 11454006)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 35,000
DEPRECIATION
At 1 July 2023 24,850
Charge for year 2,538
At 30 June 2024 27,388
NET BOOK VALUE
At 30 June 2024 7,612
At 30 June 2023 10,150

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 480 1,065
Other debtors 2,054 821
2,534 1,886

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,766 32,886
Taxation and social security 2,029 85
Other creditors 173,947 103,023
177,742 135,994

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 20,076 30,076
Other creditors 21,697 21,697
41,773 51,773

Rumney Food & Wine Ltd (Registered number: 11454006)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary 1 100 100

10. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £15,000 (2023 : £12,000) in respect of use of business property owned by the directors.