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Company Registration No. 09119622 (England and Wales)
Bargain Wines Ltd Unaudited accounts for the year ended 31 July 2024
Bargain Wines Ltd Unaudited accounts Contents
Page
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Bargain Wines Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
39,928 
35,240 
Cash at bank and in hand
12,253 
651 
52,181 
35,891 
Creditors: amounts falling due within one year
(1,277)
25,093 
Net current assets
50,904 
60,984 
Total assets less current liabilities
50,904 
60,984 
Creditors: amounts falling due after more than one year
(41,087)
(47,255)
Net assets
9,817 
13,729 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
9,807 
13,719 
Shareholders' funds
9,817 
13,729 
For the year ending 31 July 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 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 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 and authorised for issue on 4 March 2025 and were signed on its behalf by
Mr Kadpagan Kuganenthirakumar Director Company Registration No. 09119622
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Bargain Wines Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Bargain Wines Ltd is a private company, limited by shares, registered in England and Wales, registration number 09119622. The registered office is 165a Uxbridge Road, Rickmansworth, Mill End, WD3 7DW, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
231 
963 
Taxes and social security
1,412 
2,168 
Other creditors
(366)
(28,224)
1,277 
(25,093)
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,087 
47,255 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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