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REGISTERED NUMBER: 06555094 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Vine Lodge Products Limited

Vine Lodge Products Limited (Registered number: 06555094)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Vine Lodge Products Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: G C Hall
Mrs K Hall





SECRETARY: G C Hall





REGISTERED OFFICE: Endeavour House
7 Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR





REGISTERED NUMBER: 06555094 (England and Wales)





ACCOUNTANTS: INSIGHT
Acorn House
Church Lane
Croft
Skegness
Lincolnshire
PE24 4RW

Vine Lodge Products Limited (Registered number: 06555094)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 138,763 149,475
138,763 149,475

CURRENT ASSETS
Stocks 10,000 25,000
Debtors 6 26,568 41,464
Cash at bank and in hand 8,237 14,006
44,805 80,470
CREDITORS
Amounts falling due within one year 7 43,864 43,473
NET CURRENT ASSETS 941 36,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,704

186,472

CREDITORS
Amounts falling due after more than one
year

8

(49,960

)

(59,944

)

PROVISIONS FOR LIABILITIES 9 (12,339 ) (13,978 )
NET ASSETS 77,405 112,550

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 77,305 112,450
SHAREHOLDERS' FUNDS 77,405 112,550

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Vine Lodge Products Limited (Registered number: 06555094)

Statement of Financial Position - continued
31 March 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:




G C Hall - Director



Mrs K Hall - Director


Vine Lodge Products Limited (Registered number: 06555094)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Vine Lodge 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 charged to customers for goods and services provided during the year, excluding value added tax.Sales are recognised upon delivery to the customer, or upon collection by the customer.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of two years.

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 - in accordance with the property
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Computer equipment - 33% on cost, 20% on cost and 20% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Vine Lodge Products Limited (Registered number: 06555094)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

Grants received
Grants related to expenditure on tangible assets are credited to reserves at the same rate as the depreciation on the assets to which the grants relate. The amounts shown in the balance sheet in respect of grants consist of total grants received to date, less amounts so far credited to reserves.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2023 325,000 17,782 342,782
Disposals - (17,782 ) (17,782 )
At 31 March 2024 325,000 - 325,000
AMORTISATION
At 1 April 2023 325,000 17,782 342,782
Eliminated on disposal - (17,782 ) (17,782 )
At 31 March 2024 325,000 - 325,000
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 - - -

Vine Lodge Products Limited (Registered number: 06555094)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Computer
property property machinery equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 70,000 34,716 261,257 33,775 399,748
Additions - - 600 966 1,566
Disposals - (362 ) 2,041 (3,960 ) (2,281 )
At 31 March 2024 70,000 34,354 263,898 30,781 399,033
DEPRECIATION
At 1 April 2023 - 28,489 191,849 29,935 250,273
Charge for year - 1,063 13,566 1,019 15,648
Eliminated on disposal - (490 ) (915 ) (4,246 ) (5,651 )
At 31 March 2024 - 29,062 204,500 26,708 260,270
NET BOOK VALUE
At 31 March 2024 70,000 5,292 59,398 4,073 138,763
At 31 March 2023 70,000 6,227 69,408 3,840 149,475

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2,312 7,835
Other debtors 24,256 33,629
26,568 41,464

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 16,347 13,498
Taxation and social security 7,018 10,733
Other creditors 10,499 9,242
43,864 43,473

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 14,960 24,944
Other creditors 35,000 35,000
49,960 59,944

Vine Lodge Products Limited (Registered number: 06555094)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 35,000 35,000

9. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 12,339 13,978

Deferred
tax
£   
Balance at 1 April 2023 13,978
Provided during year (1,639 )
Movement
Balance at 31 March 2024 12,339

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
G C Hall
Balance outstanding at start of year 16,069 20,461
Amounts advanced 13,673 16,069
Amounts repaid (16,069 ) (20,461 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,673 16,069

Mrs K Hall
Balance outstanding at start of year 16,069 20,461
Amounts advanced 13,673 16,069
Amounts repaid (16,069 ) (20,461 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,673 16,069

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Vine Lodge Products 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 Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income 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 Vine Lodge Products Limited for the year ended 31 March 2024 which comprise the Statement of Comprehensive Income, Statement of Financial Position, 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 Vine Lodge 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 Vine Lodge Products Limited and state those matters that we have agreed to state to the Board of Directors of Vine Lodge 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 Vine Lodge Products Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Vine Lodge 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 loss of Vine Lodge Products Limited. You consider that Vine Lodge 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 Vine Lodge 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.






INSIGHT
Acorn House
Church Lane
Croft
Skegness
Lincolnshire
PE24 4RW


30 October 2024