Company Registration No. 01077626 (England and Wales)
FRAZIER'S WINE MERCHANTS LTD.
Unaudited accounts
for the year ended 31 August 2024
FRAZIER'S WINE MERCHANTS LTD.
Unaudited accounts
Contents
FRAZIER'S WINE MERCHANTS LTD.
Company Information
for the year ended 31 August 2024
Directors
John Frazier
William Frazier
Georgina Frazier
Company Number
01077626 (England and Wales)
Registered Office
2 STIRLING ROAD
SHIRLEY
SOLIHULL
WEST MIDLANDS
B90 4NE
Accountants
AJS Accounting Services Ltd
1 Chester Court
High Street, Knowle
Solihull
West Midlands
B93 0LL
FRAZIER'S WINE MERCHANTS LTD.
Statement of financial position
as at 31 August 2024
Tangible assets
1,155,323
1,158,295
Investments
540,869
380,408
Inventories
871,521
986,853
Cash at bank and in hand
119,473
695
Creditors: amounts falling due within one year
(307,049)
(341,100)
Net current assets
893,583
925,946
Total assets less current liabilities
2,589,775
2,464,649
Creditors: amounts falling due after more than one year
(1,435,763)
(1,352,182)
Provisions for liabilities
Deferred tax
(19,218)
(19,218)
Net assets
1,134,794
1,093,249
Called up share capital
138
138
Share premium
93,162
93,162
Profit and loss account
1,041,494
999,949
Shareholders' funds
1,134,794
1,093,249
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by
William Frazier
Director
Company Registration No. 01077626
FRAZIER'S WINE MERCHANTS LTD.
Notes to the Accounts
for the year ended 31 August 2024
FRAZIER'S WINE MERCHANTS LTD. is a private company, limited by shares, registered in England and Wales, registration number 01077626. The registered office is 2 STIRLING ROAD, SHIRLEY, SOLIHULL, WEST MIDLANDS, B90 4NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
12.5% or 25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
10% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
1,069,222
163,243
10,500
92,526
1,335,491
Additions
-
11,840
-
1,999
13,839
At 31 August 2024
1,069,222
175,083
10,500
94,525
1,349,330
At 1 September 2023
-
115,232
6,070
55,894
177,196
Charge for the year
-
11,840
1,108
3,863
16,811
At 31 August 2024
-
127,072
7,178
59,757
194,007
At 31 August 2024
1,069,222
48,011
3,322
34,768
1,155,323
At 31 August 2023
1,069,222
48,011
4,430
36,632
1,158,295
FRAZIER'S WINE MERCHANTS LTD.
Notes to the Accounts
for the year ended 31 August 2024
5
Investments
Other investments
Valuation at 1 September 2023
380,408
Fair value adjustments
(34,892)
Valuation at 31 August 2024
540,869
Amounts falling due within one year
Trade debtors
158,148
239,201
Accrued income and prepayments
51,490
28,511
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
249,738
238,480
Taxes and social security
23,068
18,781
Other creditors
11,811
3,327
Loans from directors
(1,007)
(7,867)
8
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,402,547
1,314,998
9
Average number of employees
During the year the average number of employees was 11 (2023: 12).