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REGISTERED NUMBER: 09586808 (England and Wales)















Financial Statements for the Period 30 May 2023 to 28 May 2024

for

J D Wines Premier Limited

J D Wines Premier Limited (Registered number: 09586808)






Contents of the Financial Statements
for the Period 30 May 2023 to 28 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J D Wines Premier Limited

Company Information
for the Period 30 May 2023 to 28 May 2024







DIRECTOR: Mr Shazad Akbar





REGISTERED OFFICE: 46 Houghton Place
BRADFORD
BD1 3RG





REGISTERED NUMBER: 09586808 (England and Wales)





ACCOUNTANTS: Abraham Accountants
Sher House
46 Houghton Place
Bradford
West Yorkshire
BD1 3RG

J D Wines Premier Limited (Registered number: 09586808)

Balance Sheet
28 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,847 3,796
Property, plant and equipment 5 6,099 8,132
8,946 11,928

CURRENT ASSETS
Inventories 40,535 38,827
Cash at bank and in hand 51,964 71,686
92,499 110,513
CREDITORS
Amounts falling due within one year 6 3,566 5,542
NET CURRENT ASSETS 88,933 104,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,879

116,899

CREDITORS
Amounts falling due after more than
one year

7

(24,113

)

(34,113

)

PROVISIONS FOR LIABILITIES (1,160 ) (1,546 )
NET ASSETS 72,606 81,240

J D Wines Premier Limited (Registered number: 09586808)

Balance Sheet - continued
28 May 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 72,506 81,140
SHAREHOLDERS' FUNDS 72,606 81,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 January 2025 and were signed by:





Mr Shazad Akbar - Director


J D Wines Premier Limited (Registered number: 09586808)

Notes to the Financial Statements
for the Period 30 May 2023 to 28 May 2024

1. STATUTORY INFORMATION

J D Wines Premier 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.

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 2015, is being amortised evenly over its estimated useful life of ten years.

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 cost and 20% on cost

Stocks
Inventories 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 period 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.


J D Wines Premier Limited (Registered number: 09586808)

Notes to the Financial Statements - continued
for the Period 30 May 2023 to 28 May 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30 May 2023
and 28 May 2024 18,000
AMORTISATION
At 30 May 2023 14,204
Amortisation for period 949
At 28 May 2024 15,153
NET BOOK VALUE
At 28 May 2024 2,847
At 29 May 2023 3,796

J D Wines Premier Limited (Registered number: 09586808)

Notes to the Financial Statements - continued
for the Period 30 May 2023 to 28 May 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 30 May 2023
and 28 May 2024 31,240 7,495 38,735
DEPRECIATION
At 30 May 2023 25,392 5,211 30,603
Charge for period 1,462 571 2,033
At 28 May 2024 26,854 5,782 32,636
NET BOOK VALUE
At 28 May 2024 4,386 1,713 6,099
At 29 May 2023 5,848 2,284 8,132

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Taxation and social security 3,566 5,542

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 8) 24,113 34,113

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 24,113 34,113

J D Wines Premier Limited (Registered number: 09586808)

Notes to the Financial Statements - continued
for the Period 30 May 2023 to 28 May 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 24,113 34,113

9. RESERVES
Retained
earnings
£   

At 30 May 2023 81,140
Profit for the period 1,766
Dividends (10,400 )
At 28 May 2024 72,506