Registered number
01880894
Magnum Fine Wines Limited
Unaudited Filleted Accounts
31 December 2024
Magnum Fine Wines Limited
Registered number: 01880894
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 1,685 1,685
Net current assets 1,685 1,685
Net assets 1,685 1,685
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,684 1,684
Shareholder's funds 1,685 1,685
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S J Browett
Director
Approved by the board on 5 March 2025
Magnum Fine Wines Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 1,685 1,685
4 Controlling party
The company is a 100% subsidiary of Farr Vintners Limited.
5 Other information
Magnum Fine Wines Limited is a private company limited by shares and incorporated in England. Its registered office is:
Commodore House
Battersea Reach, Juniper Drive
London
SW18 1TW
Magnum Fine Wines Limited 01880894 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts July 2024 S J Browett No description of principal activity 01880894 2023-01-01 2023-12-31 01880894 core:ShareCapital 2023-12-31 01880894 core:RetainedEarningsAccumulatedLosses 2023-12-31 01880894 2024-01-01 2024-12-31 01880894 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 01880894 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01880894 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01880894 bus:Director40 2024-01-01 2024-12-31 01880894 1 2024-01-01 2024-12-31 01880894 countries:England 2024-01-01 2024-12-31 01880894 bus:FRS102 2024-01-01 2024-12-31 01880894 bus:FilletedAccounts 2024-01-01 2024-12-31 01880894 2024-12-31 01880894 core:ShareCapital 2024-12-31 01880894 core:RetainedEarningsAccumulatedLosses 2024-12-31 01880894 2023-12-31 iso4217:GBP xbrli:pure