Geo F Trumper of Jermyn Street Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 00407205 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

GEO F TRUMPER OF JERMYN STREET LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

P Bersch

S Cherchi-Bersch

SECRETARY:

P Bersch

REGISTERED OFFICE:

166 Fairbridge Road

Archway

London

N19 3HT

REGISTERED NUMBER:

00407205 (England and Wales)

ACCOUNTANTS:

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

CURRENT ASSETS

Stocks

177,127

161,118

Debtors

5

257,598

283,651

Cash at bank and in hand

13,731

16,107

448,456

460,876

CREDITORS

Amounts falling due within one year

6

54,706

58,432

NET CURRENT ASSETS

393,750

402,444

TOTAL ASSETS LESS CURRENT LIABILITIES

393,750

402,444

CREDITORS

Amounts falling due after more than one year

7

26,667

36,667

NET ASSETS

367,083

365,777

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

366,083

364,777

SHAREHOLDERS' FUNDS

367,083

365,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2023 and were signed on its behalf by:

P Bersch - Director

1.	STATUTORY INFORMATION

Geo F Trumper of Jermyn Street 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 amounts receivable for goods and services net of VAT and trade discounts.

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

-

20% on cost

Stocks

Stocks 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Covid-19 related government support

Where the company has received grants or other Government support in connection with COVID]19, these

have been accounted as follows :

Government Assistance loans are recognised and accounted as other commercial loans. Where material,

grants paid by Government to lenders for fees or first years interest are recognised as other income along

with the related costs.

Government or Local Authority grants are recognised in the period in which they are received.

Coronavirus Job Retention Scheme Grants are recognised in the period to which they relate.

Rent or Rates holidays are accounted in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2022

and 31 January 2023

196,259

DEPRECIATION

At 1 February 2022

and 31 January 2023

196,259

NET BOOK VALUE

At 31 January 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

1,472

1

Amounts owed by group undertakings

213,440

191,167

Other debtors

42,686

92,483

257,598

283,651

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

1,243

3,458

Taxation and social security

39,516

41,179

Other creditors

3,947

3,795

54,706

58,432

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

26,667

36,667

8.	RELATED PARTY DISCLOSURES

During the year, the company bought goods for resale totalling £265,347 (2022 : £128,689) from companies under common control, and sold goods (including accrued sales) for resale totalling £34,870 (2022 : £11,120) to companies under common control.

At the year end, Geo F Trumper Perfumer & Products Ltd owed the company £143,365 (2022 : £103,651) and Geo F Trumper of Curzon Street Ltd owed the company £65,911 (2022 : £83,352), both companies under common control.

9.	CONTROLLING PARTY

The controlling party is P Bersch.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Geo F Trumper of Jermyn Street Limited for the year ended 31 January 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Geo F Trumper of Jermyn Street Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Geo F Trumper of Jermyn Street Limited and state those matters that we have agreed to state to the Board of Directors of Geo F Trumper of Jermyn Street Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Geo F Trumper of Jermyn Street Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Geo F Trumper of Jermyn Street Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Geo F Trumper of Jermyn Street Limited. You consider that Geo F Trumper of Jermyn Street Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Geo F Trumper of Jermyn Street Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

26 September 2023