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REGISTERED NUMBER: 13384079 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

THE SECRET VINEYARD LIMITED

THE SECRET VINEYARD LIMITED (REGISTERED NUMBER: 13384079)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

THE SECRET VINEYARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: H E Soudain
V J Tate





REGISTERED OFFICE: Two Acres
Herstmonceux
Hailsham
East Sussex
BN27 4RS





REGISTERED NUMBER: 13384079 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

THE SECRET VINEYARD LIMITED (REGISTERED NUMBER: 13384079)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,926 31,041

CURRENT ASSETS
Stocks 5 21,059 23,250
Debtors 6 20,387 26,870
Cash at bank and in hand 371 401
41,817 50,521
CREDITORS
Amounts falling due within one year 7 131,320 108,806
NET CURRENT LIABILITIES (89,503 ) (58,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(56,577

)

(27,244

)

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (56,579 ) (27,246 )
SHAREHOLDERS' FUNDS (56,577 ) (27,244 )

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 1 February 2025 and were signed on its behalf by:





H E Soudain - Director


THE SECRET VINEYARD LIMITED (REGISTERED NUMBER: 13384079)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

The Secret Vineyard 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 at the balance sheet date the balance sheet reflects net current liabilities totalling £89,503 (2023: £58,285).

The Company continues to trade and meet its' liabilities as they fall due. Therefore the going concern basis of preparation has been adopted as the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities for the foreseeable future.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance, 15% on reducing balance and 5% 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 Statement of Income and Retained Earnings, 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 2 (2023 - 2 ) .

THE SECRET VINEYARD LIMITED (REGISTERED NUMBER: 13384079)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 June 2023 400 44,802 45,202
Additions - 10,211 10,211
At 31 May 2024 400 55,013 55,413
DEPRECIATION
At 1 June 2023 60 14,101 14,161
Charge for year 51 8,275 8,326
At 31 May 2024 111 22,376 22,487
NET BOOK VALUE
At 31 May 2024 289 32,637 32,926
At 31 May 2023 340 30,701 31,041

5. STOCKS
31.5.24 31.5.23
£    £   
Stocks 21,059 23,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
VAT 207 1,645
Prepayments 20,180 25,225
20,387 26,870

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1,626 1,512
Other creditors 54,747 31,888
Directors' current accounts 74,197 74,706
Accrued expenses 750 700
131,320 108,806

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary 1 2 2

THE SECRET VINEYARD LIMITED (REGISTERED NUMBER: 13384079)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

9. RELATED PARTY DISCLOSURES

As at the balance sheet date the entity owed its directors £74,197 (2023: £74,706).

In addition, the company also owed Lime Cross Nursery £38,618 (2023: £30,158), a partnership wholly owned by the directors.

As at the balance sheet date, the company also owed £16,129 (2023: £1,730) to Wellbeing In The Wild Ltd, a company registered in England & Wales.

The entities are related by virtue of the fact that they are under common control.

There are no terms attached to these loans.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THE SECRET VINEYARD 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 The Secret Vineyard Limited for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, 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 The Secret Vineyard 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 The Secret Vineyard Limited and state those matters that we have agreed to state to the Board of Directors of The Secret Vineyard 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 The Secret Vineyard Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Secret Vineyard 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 The Secret Vineyard Limited. You consider that The Secret Vineyard 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 The Secret Vineyard 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


1 February 2025