Geo. F. Trumper (P&P) Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 00187396 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

GEO. F. TRUMPER (PERFUMER AND PRODUCTS)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

P Bersch

S Cherchi-Bersch

REGISTERED OFFICE:

166 Fairbridge Road

Archway

London

N19 3HT

REGISTERED NUMBER:

00187396 (England and Wales)

ACCOUNTANTS:

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

FIXED ASSETS

Tangible assets

4

107,489

68,903

CURRENT ASSETS

Stocks

1,021,489

905,599

Debtors

5

215,489

263,630

Cash at bank and in hand

403,315

625,160

1,640,293

1,794,389

CREDITORS

Amounts falling due within one year

6

306,600

433,756

NET CURRENT ASSETS

1,333,693

1,360,633

TOTAL ASSETS LESS CURRENT LIABILITIES

1,441,182

1,429,536

CREDITORS

Amounts falling due after more than one year

7

(26,667

)

(36,667

)

PROVISIONS FOR LIABILITIES

(17,014

)

(9,412

)

NET ASSETS

1,397,501

1,383,457

CAPITAL AND RESERVES

Called up share capital

4,000

4,000

Retained earnings

1,393,501

1,379,457

SHAREHOLDERS' FUNDS

1,397,501

1,383,457

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 (Perfumer and Products) 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.

Freehold property

-

2% on cost

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

15% - 75% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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.

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 18 (2022 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2022

78,474

249,274

327,748

Additions

47,645

7,500

55,145

At 31 January 2023

126,119

256,774

382,893

DEPRECIATION

At 1 February 2022

50,852

207,993

258,845

Charge for year

2,490

14,069

16,559

At 31 January 2023

53,342

222,062

275,404

NET BOOK VALUE

At 31 January 2023

72,777

34,712

107,489

At 31 January 2022

27,622

41,281

68,903

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

81,582

85,788

Amounts owed by group undertakings

94,948

144,249

Other debtors

38,959

33,593

215,489

263,630

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

102,472

141,011

Amounts owed to group undertakings

143,505

105,161

Taxation and social security

42,168

17,656

Other creditors

8,455

159,928

306,600

433,756

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 £28,816 (2022 : £16,098 from companies under common control, and sold goods for resale totalling £386,151 (2022 : £240,586) to companies under common control.

At the year end the company owed £143,365 (2022 :£105,021) to Geo F Trumper of Jermyn Street Ltd and was owed £93,919 (2022 :£142,220) by Geo F Trumper of Curzon Street Ltd, 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 (Perfumer and Products) Limited for the year ended 31 January 2023 which comprise the Income Statement, Other Comprehensive Income, 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 (Perfumer and Products) 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 (Perfumer and Products) Limited and state those matters that we have agreed to state to the Board of Directors of Geo. F. Trumper (Perfumer and Products) 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 (Perfumer and Products) 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 (Perfumer and Products) 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 (Perfumer and Products) Limited. You consider that Geo. F. Trumper (Perfumer and Products) 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 (Perfumer and Products) 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