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REGISTERED NUMBER: 03639455 (England and Wales)















Unaudited Financial Statements

for the Period 1 May 2023 to 31 October 2024

for

RD WINES LIMITED

RD WINES LIMITED (REGISTERED NUMBER: 03639455)

Contents of the Financial Statements
FOR THE PERIOD 1 MAY 2023 TO 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RD WINES LIMITED

Company Information
FOR THE PERIOD 1 MAY 2023 TO 31 OCTOBER 2024







DIRECTORS: S Densem
Mrs M Densem
S E Leonard





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 03639455 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

RD WINES LIMITED (REGISTERED NUMBER: 03639455)

Balance Sheet
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 672 2,771
672 2,771

CURRENT ASSETS
Stocks 9,989 99,159
Debtors 6 9,920 27,843
Cash at bank 18,513 71,059
38,422 198,061
CREDITORS
Amounts falling due within one year 7 20,017 29,012
NET CURRENT ASSETS 18,405 169,049
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,077

171,820

CREDITORS
Amounts falling due after more than
one year

8

(9,167

)

(24,167

)

PROVISIONS FOR LIABILITIES - (527 )
NET ASSETS 9,910 147,126

CAPITAL AND RESERVES
Called up share capital 133 133
Share premium 27,208 27,208
Capital redemption reserve 2 2
Retained earnings (17,433 ) 119,783
9,910 147,126

RD WINES LIMITED (REGISTERED NUMBER: 03639455)

Balance Sheet - continued
31 OCTOBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by:





S E Leonard - Director


RD WINES LIMITED (REGISTERED NUMBER: 03639455)

Notes to the Financial Statements
FOR THE PERIOD 1 MAY 2023 TO 31 OCTOBER 2024


1. STATUTORY INFORMATION

RD 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.

Post year end the Company changed it's registered office from 4 Pillory Street, Nantwich, Chesire, CW5 5BD to the address disclosed 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 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 two businesses in 1999 and 2016 respectively, is being amortised evenly over its estimated useful life of 20 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at the transaction price, less any impairment.

Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2023 - 9 ) .

RD WINES LIMITED (REGISTERED NUMBER: 03639455)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 MAY 2023 TO 31 OCTOBER 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 31 October 2024 466,750
AMORTISATION
At 1 May 2023
and 31 October 2024 466,750
NET BOOK VALUE
At 31 October 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023 20,226
Disposals (13,753 )
At 31 October 2024 6,473
DEPRECIATION
At 1 May 2023 17,455
Charge for period 555
Eliminated on disposal (12,209 )
At 31 October 2024 5,801
NET BOOK VALUE
At 31 October 2024 672
At 30 April 2023 2,771

RD WINES LIMITED (REGISTERED NUMBER: 03639455)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 MAY 2023 TO 31 OCTOBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,967
Other debtors 9,920 25,876
9,920 27,843

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,040 12,523
Taxation and social security - 2,548
Other creditors 8,977 3,941
20,017 29,012

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 9,167 24,167

9. LEASING AGREEMENTS
At the year end the company had operating lease commitments of £Nil (2023:£12,750)