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Registrar

Registration number: 08430406

A Winterton Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

A Winterton Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

A Winterton Limited

Company Information

Directors

A J Winterton

H A Winterton

Registered office

3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

Bankers

Starling Bank Limited
5th Floor
Fruit & Wool Exchange
Duval Square
London
E1 6PW

Accountants

Lambert Chapman LLP
Chartered Accountants3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

A Winterton Limited

(Registration number: 08430406)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

15,667

20,890

Investments

5

2,292,959

2,356,009

 

2,308,626

2,376,899

Current assets

 

Debtors

6

452

906

Cash at bank and in hand

 

674,878

201,490

 

675,330

202,396

Creditors: Amounts falling due within one year

7

(505,195)

(568,903)

Net current assets/(liabilities)

 

170,135

(366,507)

Total assets less current liabilities

 

2,478,761

2,010,392

Provisions for liabilities

(1,874)

(33,282)

Net assets

 

2,476,887

1,977,110

Capital and reserves

 

Called up share capital

8

1,000

1,000

Retained earnings

2,475,887

1,976,110

Shareholders' funds

 

2,476,887

1,977,110

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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 July 2025 and signed on its behalf by:
 

A J Winterton
Director

 

A Winterton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, United Kingdom.

The principal place of business is: The Old Dairy West End, Wickwar, Wotton under Edge, Gloucestershire, GL12 8LD.

These financial statements were authorised for issue by the Board on 15 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of managed travel in the ordinary course of the company’s activities. The company is a holding company and receives management charged there from. Turnover is shown net of value added tax.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

25% Reducing Balance Method

 

A Winterton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for the sale of advisory services for managed travel in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

A Winterton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Contingent Asset

A Winterton Ltd held and continues to hold share options in Global Business Travel Group Inc. During the current financial year, there was a material increase in the market value of the underlying shares resulting in A Winterton Limited exercising some of these share options and realising a gain in the year on these disposals. At the 31 March 2025 the remaining share options continued to have a higher market value than the granted value and are considered a contingent asset of A Winterton Ltd with a value of £101,172 at the 31 March 2025.

At the balance sheet date, no binding agreements have been entered into.

In accordance with FRS 102, Section 21, no asset has been recognised in respect of the potential inflow, but this contingent asset has been disclosed.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4

Tangible assets

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

35,251

35,251

At 31 March 2025

35,251

35,251

Depreciation

At 1 April 2024

14,361

14,361

Charge for the year

5,223

5,223

At 31 March 2025

19,584

19,584

Carrying amount

At 31 March 2025

15,667

15,667

At 31 March 2024

20,890

20,890

 

A Winterton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Investments

2025
£

2024
£

Investments in subsidiaries

2,179,900

2,179,900

Listed investments

113,059

176,109

2,292,959

2,356,009

Subsidiaries

£

Cost or valuation

At 1 April 2024

2,179,900

At 31 March 2025

2,179,900

Carrying amount

At 31 March 2025

2,179,900

At 31 March 2024

2,179,900

Listed investment

£

Cost

At 1 April 2024

176,109

Revaluation

10,235

Additions

105,562

Disposals

(178,847)

At 31 March 2025

113,059

Carrying amount

At 31 March 2025

113,059

At 31 March 2024

176,109

6

Debtors

Note

2025
£

2024
£

Amounts owed by related parties

452

452

Other debtors

 

-

454

 

452

906

 

A Winterton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

138

126

Corporation tax

187,532

-

Accruals and deferred income

1,800

1,446

Other creditors

315,725

567,331

505,195

568,903

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000