IRIS Accounts Production v22.2.0.402 00897018 Board of Directors 1.2.21 31.1.22 31.1.22 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure008970182021-01-31008970182022-01-31008970182021-02-012022-01-31008970182020-01-31008970182020-02-012021-01-31008970182021-01-3100897018ns16:EnglandWales2021-02-012022-01-3100897018ns15:PoundSterling2021-02-012022-01-3100897018ns11:Director12021-02-012022-01-3100897018ns11:PrivateLimitedCompanyLtd2021-02-012022-01-3100897018ns11:SmallEntities2021-02-012022-01-3100897018ns11:AuditExemptWithAccountantsReport2021-02-012022-01-3100897018ns11:SmallCompaniesRegimeForDirectorsReport2021-02-012022-01-3100897018ns11:SmallCompaniesRegimeForAccounts2021-02-012022-01-3100897018ns11:FullAccounts2021-02-012022-01-3100897018ns11:OrdinaryShareClass12021-02-012022-01-3100897018ns11:Director22021-02-012022-01-3100897018ns11:CompanySecretary12021-02-012022-01-3100897018ns11:RegisteredOffice2021-02-012022-01-3100897018ns6:CurrentFinancialInstruments2022-01-3100897018ns6:CurrentFinancialInstruments2021-01-3100897018ns6:ShareCapital2022-01-3100897018ns6:ShareCapital2021-01-3100897018ns6:RetainedEarningsAccumulatedLosses2022-01-3100897018ns6:RetainedEarningsAccumulatedLosses2021-01-3100897018ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-02-012022-01-3100897018ns6:LongLeaseholdAssetsns6:LandBuildings2021-02-012022-01-3100897018ns6:PlantMachinery2021-02-012022-01-3100897018ns6:MotorVehicles2021-02-012022-01-3100897018ns6:LandBuildings2021-01-3100897018ns6:LongLeaseholdAssetsns6:LandBuildings2021-01-3100897018ns6:PlantMachinery2021-01-3100897018ns6:MotorVehicles2021-01-3100897018ns6:LandBuildings2021-02-012022-01-3100897018ns6:LandBuildings2022-01-3100897018ns6:LongLeaseholdAssetsns6:LandBuildings2022-01-3100897018ns6:PlantMachinery2022-01-3100897018ns6:MotorVehicles2022-01-3100897018ns6:LandBuildings2021-01-3100897018ns6:LongLeaseholdAssetsns6:LandBuildings2021-01-3100897018ns6:PlantMachinery2021-01-3100897018ns6:MotorVehicles2021-01-3100897018ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3100897018ns6:WithinOneYearns6:CurrentFinancialInstruments2021-01-3100897018ns11:OrdinaryShareClass12022-01-31
REGISTERED NUMBER: 00897018 (England and Wales)






















Financial Statements

for the Year Ended 31 January 2022

for

Spridlington Viners Limited

Spridlington Viners Limited (Registered number: 00897018)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Spridlington Viners Limited

Company Information
for the Year Ended 31 January 2022







DIRECTORS: Mr R O Collett
Mrs R Collett





SECRETARY: Mrs R Collett





REGISTERED OFFICE: The Manor
Spridlington
Market Rasen
Lincolnshire
LN8 2DD





REGISTERED NUMBER: 00897018 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Spridlington Viners Limited (Registered number: 00897018)

Balance Sheet
31 January 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,046,359 2,052,635
Investment property 5 386,878 384,218
2,433,237 2,436,853

CURRENT ASSETS
Stocks 63,622 66,836
Debtors 6 63,786 8,282
Cash at bank 78,249 111,545
205,657 186,663
CREDITORS
Amounts falling due within one year 7 41,554 8,709
NET CURRENT ASSETS 164,103 177,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,597,340

2,614,807

CAPITAL AND RESERVES
Called up share capital 8 7,000 7,000
Retained earnings 2,590,340 2,607,807
SHAREHOLDERS' FUNDS 2,597,340 2,614,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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 13 September 2022 and were signed on its behalf by:





Mr R O Collett - Director


Spridlington Viners Limited (Registered number: 00897018)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

Spridlington Viners 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land - Nil to 20% on reducing balance
Buildings - 12.5% on cost
Plant and machinery - 33% on cost, 25% on reducing balance, 20% on cost and 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Spridlington Viners Limited (Registered number: 00897018)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

4. TANGIBLE FIXED ASSETS
Plant and Motor
Land Buildings machinery vehicles Totals
£    £    £    £    £   
COST
At 1 February 2021
and 31 January 2022 2,028,963 1,543 47,743 32,740 2,110,989
DEPRECIATION
At 1 February 2021 4,776 1,543 44,509 7,526 58,354
Charge for year 1,098 - 134 5,044 6,276
At 31 January 2022 5,874 1,543 44,643 12,570 64,630
NET BOOK VALUE
At 31 January 2022 2,023,089 - 3,100 20,170 2,046,359
At 31 January 2021 2,024,187 - 3,234 25,214 2,052,635

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2021 384,218
Additions 2,660
At 31 January 2022 386,878
NET BOOK VALUE
At 31 January 2022 386,878
At 31 January 2021 384,218

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 12,217 -
Other debtors 51,569 8,282
63,786 8,282

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 27,570 4,639
Taxation and social security 10,519 1,157
Other creditors 3,465 2,913
41,554 8,709

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
7,000 Ordinary £1 7,000 7,000

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Spridlington Viners Limited

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 Spridlington Viners Limited for the year ended 31 January 2022 which comprise the Income Statement, Balance Sheet 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 Spridlington Viners Limited, as a body, in accordance with the terms of our engagement letter dated 22 March 2004. Our work has been undertaken solely to prepare for your approval the financial statements of Spridlington Viners Limited and state those matters that we have agreed to state to the Board of Directors of Spridlington Viners 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 Spridlington Viners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Spridlington Viners 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 loss of Spridlington Viners Limited. You consider that Spridlington Viners 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 Spridlington Viners 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.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


Date: .............................................