Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Jorik Driesen 26/04/2022 Ruth Vince-Driesen 26/04/2022 10 July 2025 The principal activity of the Company during the financial year was to act as a holding company. 14068814 2025-03-31 14068814 bus:Director1 2025-03-31 14068814 bus:Director2 2025-03-31 14068814 2024-03-31 14068814 core:CurrentFinancialInstruments 2025-03-31 14068814 core:CurrentFinancialInstruments 2024-03-31 14068814 core:Non-currentFinancialInstruments 2025-03-31 14068814 core:Non-currentFinancialInstruments 2024-03-31 14068814 core:ShareCapital 2025-03-31 14068814 core:ShareCapital 2024-03-31 14068814 core:RetainedEarningsAccumulatedLosses 2025-03-31 14068814 core:RetainedEarningsAccumulatedLosses 2024-03-31 14068814 core:CostValuation 2024-03-31 14068814 core:CostValuation 2025-03-31 14068814 bus:OrdinaryShareClass1 2025-03-31 14068814 2024-04-01 2025-03-31 14068814 bus:FilletedAccounts 2024-04-01 2025-03-31 14068814 bus:SmallEntities 2024-04-01 2025-03-31 14068814 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14068814 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14068814 bus:Director1 2024-04-01 2025-03-31 14068814 bus:Director2 2024-04-01 2025-03-31 14068814 2023-04-01 2024-03-31 14068814 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 14068814 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 14068814 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14068814 (England and Wales)

REGENCY WINES HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

REGENCY WINES HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

REGENCY WINES HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
REGENCY WINES HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 854,250 854,250
854,250 854,250
Creditors: amounts falling due within one year 4 ( 696,945) ( 606,867)
Net current liabilities (696,945) (606,867)
Total assets less current liabilities 157,305 247,383
Creditors: amounts falling due after more than one year 5 ( 151,395) ( 243,623)
Net assets 5,910 3,760
Capital and reserves
Called-up share capital 6 1,000 1,000
Profit and loss account 4,910 2,760
Total shareholders' funds 5,910 3,760

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Regency Wines Holdings Limited (registered number: 14068814) were approved and authorised for issue by the Board of Directors on 10 July 2025. They were signed on its behalf by:

Jorik Driesen
Director
REGENCY WINES HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
REGENCY WINES HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Regency Wines Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Apple Lane, Sowton Industrial Estate, Exeter, EX2 5GL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 April 2024 854,250 854,250
At 31 March 2025 854,250 854,250
Carrying value at 31 March 2025 854,250 854,250
Carrying value at 31 March 2024 854,250 854,250

4. Creditors: amounts falling due within one year

2025 2024
£ £
Amounts owed to Group undertakings 547,288 456,719
Amounts owed to directors 55,250 55,250
Other loans 91,983 91,983
Accruals 1,920 1,799
Taxation and social security 504 1,116
696,945 606,867

5. Creditors: amounts falling due after more than one year

2025 2024
£ £
Other loans (secured) 151,395 243,623

The other loans is secured by way of a floating charge on the whole of the company's undertaking, property and assets.

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000

7. Related party transactions

As the parent company of Regency Wines Limited, (Registered office: 22 Apple Lane, Sowton Industrial Estate, Exeter, Devon, England, EX2 5GL), the company has taken advantage of the exemption in paragraph 1AC.35 of FRS102 in not disclosing intra group transactions where 100% of the voting rights are controlled within the group.