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REGISTERED NUMBER: 09095278 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

CRUMP RICHMOND & SHAW FINE WINES LIMITED

CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

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


CRUMP RICHMOND & SHAW FINE WINES LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: TP Shaw
TN Crump
J Richmond
C Hanna





REGISTERED OFFICE: Fourth Floor St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR





REGISTERED NUMBER: 09095278 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

Statement of Financial Position
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 282,311 294,326
Property, plant and equipment 5 3,344 4,411
285,655 298,737

CURRENT ASSETS
Inventories 197,646 153,427
Debtors 6 1,331,135 1,138,295
Cash at bank 124,723 132,115
1,653,504 1,423,837
CREDITORS
Amounts falling due within one year 7 1,807,025 1,498,594
NET CURRENT LIABILITIES (153,521 ) (74,757 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,134

223,980

CREDITORS
Amounts falling due after more than
one year

8

(58,648

)

(143,976

)

PROVISIONS FOR LIABILITIES (71,413 ) (74,684 )
NET ASSETS 2,073 5,320

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 2,070 5,317
SHAREHOLDERS' FUNDS 2,073 5,320

CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

Statement of Financial Position - continued
30 JUNE 2024


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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





TP Shaw - Director


CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Crump Richmond & Shaw Fine Wines 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
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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.

Computer software is being amortised evenly over its estimated useful life of thirty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance and 25% on cost
Office equipment - 20% on cost and at varying rates 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 year 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 statement of financial position date.


CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 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 statement of financial position 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 year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 July 2023
and 30 June 2024 360,437
AMORTISATION
At 1 July 2023 66,111
Amortisation for year 12,015
At 30 June 2024 78,126
NET BOOK VALUE
At 30 June 2024 282,311
At 30 June 2023 294,326

CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 13,830 14,866 28,696
Additions 729 - 729
At 30 June 2024 14,559 14,866 29,425
DEPRECIATION
At 1 July 2023 10,880 13,405 24,285
Charge for year 920 876 1,796
At 30 June 2024 11,800 14,281 26,081
NET BOOK VALUE
At 30 June 2024 2,759 585 3,344
At 30 June 2023 2,950 1,461 4,411

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,009,919 984,088
Other debtors 321,216 154,207
1,331,135 1,138,295

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 85,328 78,726
Trade creditors 1,668,840 1,379,563
Taxation and social security 51,957 29,800
Other creditors 900 10,505
1,807,025 1,498,594

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 58,648 143,976

CRUMP RICHMOND & SHAW FINE WINES LIMITED (REGISTERED NUMBER: 09095278)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 60,696 24,696
Between one and five years 200,102 224,798
In more than five years - 36,000
260,798 285,494

10. RELATED PARTY DISCLOSURES

Included within debtors: amounts falling due within one year, are directors' loan accounts in the sum of £213,605 (2023: £52,058) which have been provided to J Richmond £71,638 (2023: £13,053), T Shaw £84,227 (2023: £35,267) and T Crump £57,740 (2023: £3,738). The accounts are unsecured, accrue interest at HM Revenue & Customs ("HMRC") official rate and have no fixed date of repayment.