Bonmarche Wine (Shippers) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01222379

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		193,081		195,640

			193,081		195,640
CURRENT ASSETS
Stocks	5	90,000		75,050
Debtors	6	1,652,503		1,468,855
Cash at bank and in hand		1,561,882		1,943,323

		3,304,385		3,487,228
Creditors: Amounts Falling Due Within One Year	7	(487,808 )		(620,240 )

NET CURRENT ASSETS (LIABILITIES)			2,816,577		2,866,988

TOTAL ASSETS LESS CURRENT LIABILITIES			3,009,658		3,062,628

NET ASSETS			3,009,658		3,062,628

CAPITAL AND RESERVES
Called up share capital			100,000		100,000
Profit and Loss Account			2,909,658		2,962,628

SHAREHOLDERS' FUNDS			3,009,658		3,062,628

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Bonmarche Wine (Shippers) Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rajik Rafique

Director

29th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Bonmarche Wine (Shippers) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01222379 . The registered office is 53 Mayow Road, London, SE23 2XH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Motor Vehicles	25% on Reducing Balance
Fixtures & Fittings	10% on Reducing Balance
Computer Equipment	20% on Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

...CONTINUED

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Bonmarche Wine (Shippers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Taxation - continued

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2023: 8)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	122,742	144,673	42,926	1,638	311,979
Additions	-	20,250	-	-	20,250

As at 31 December 2024	122,742	164,923	42,926	1,638	332,229

Depreciation
As at 1 January 2024	-	75,660	40,089	590	116,339
Provided during the period	-	22,316	284	209	22,809

As at 31 December 2024	-	97,976	40,373	799	139,148

Net Book Value
As at 31 December 2024	122,742	66,947	2,553	839	193,081

As at 1 January 2024	122,742	69,013	2,837	1,048	195,640

5. Stocks

	2024	2023
	£	£
Stock	90,000	75,050

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Bonmarche Wine (Shippers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	762,379	698,845
NSTEL	36,073	32,713
Sundry Debtors	-	16,700
VAT	7,062	10,754
Other taxes and social security	-	642
NSH LTD	145,746	5,270

	951,260	764,924
Due after more than one year
Limehouse Property Ltd	701,243	686,431
Other Debtors.	-	17,500

	701,243	703,931

	1,652,503	1,468,855

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	142,296	187,476
Corporation tax	-	57,278
Sundry creditors	131,777	128,040
NEST Pensions	52	-
Accruals and deferred income	8,325	8,200
Directors' loan accounts	205,358	239,246

	487,808	620,240

8. Related Party Transactions

At the year end, the company owed 205,358 to the directors.

A loan of £590,000 (plus interest) given to Limehouse Property Limited was still outstanding at the year end. Interest of £17,700 was charged during the period. Mr R Rafique, a director of the company is also a director of Limehouse Property Limited.

During the year, the company advanced a loan of £145,476 to New Sylhet Holdings Limited. The directors of Bonmarche Wine (Shippers) Limited also serve as directors of New Sylhet Holdings Limited. The loan is unsecured, interest-free, and repayable on demand. The balance outstanding at the year-end was £145,746.

In addition, the company has an outstanding balance of £37,073 due from New Sylhet Tea Estates Limited (The) (2024: £32,713). The directors of Bonmarche Wine (Shippers) Limited also serve as directors of this company. This balance is also unsecured, interest-free, and repayable on demand.

These related party relationships and balances with New Sylhet Holdings Limited and New Sylhet Tea Estates Limited (The) were not disclosed in prior years. The company has elected to include them in the current year’s financial statements for completeness and transparency.

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Bonmarche Wine (Shippers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

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