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REGISTERED NUMBER: 01577005 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Vinwood Limited

Vinwood Limited (Registered number: 01577005)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Vinwood Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: G Hammond
M Hammond





REGISTERED OFFICE: The Shooting Lodge
Scotter Road
Laughton
Gainsborough
Lincolnshire
DN21 3PT





REGISTERED NUMBER: 01577005 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Vinwood Limited (Registered number: 01577005)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 245,000 245,000

CURRENT ASSETS
Cash at bank 18,735 30,761

CREDITORS
Amounts falling due within one year 5 18,933 36,688
NET CURRENT LIABILITIES (198 ) (5,927 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

244,802

239,073

PROVISIONS FOR LIABILITIES 30,186 30,186
NET ASSETS 214,616 208,887

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 214,216 208,487
SHAREHOLDERS' FUNDS 214,616 208,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 24 January 2025 and were signed on its behalf by:





M Hammond - Director


Vinwood Limited (Registered number: 01577005)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Vinwood 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents received . The company is not registered for value added tax.

Investment property
Investment property is included at fair value. Gains and losses are recognised in the profit and loss account.
Deferred taxation is provided on gains at the rate expected to apply when the property is sold.

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.

Full provision has been made on the gains arising from the fair value review of the investment property.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 245,000
NET BOOK VALUE
At 30 April 2024 245,000
At 30 April 2023 245,000

Vinwood Limited (Registered number: 01577005)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2019 360,000
Valuation in 2020 (75,000 )
Valuation in 2022 (5,344 )
Valuation in 2023 (34,656 )
245,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Tax 5,187 4,862
Other creditors 3,038 4,350
Directors' current accounts 8,219 24,987
Accrued expenses 2,489 2,489
18,933 36,688

6. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors. At the year end the directors were owed £8,219 by the company, (2023,£24,987).