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REGISTERED NUMBER: 00897018 (England and Wales)






















Financial Statements

for the Year Ended 31 January 2025

for

Spridlington Viners Limited

Spridlington Viners Limited (Registered number: 00897018)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Spridlington Viners Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mr R O Collett
Mrs R Collett





SECRETARY: Mrs R Collett





REGISTERED OFFICE: Blackthorn Hollow
Owmby Road
Spridlington
Market Rasen
Lincolnshire
LN8 2DD





REGISTERED NUMBER: 00897018 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Spridlington Viners 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 Spridlington Viners Limited for the year ended 31 January 2025 which comprise the Income Statement, 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 Spridlington Viners Limited, as a body, in accordance with the terms of our engagement letter dated 22 March 2004. Our work has been undertaken solely to prepare for your approval the financial statements of Spridlington Viners Limited and state those matters that we have agreed to state to the Board of Directors of Spridlington Viners 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 Spridlington Viners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Spridlington Viners 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 profit of Spridlington Viners Limited. You consider that Spridlington Viners 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 Spridlington Viners 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.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


21 July 2025

Spridlington Viners Limited (Registered number: 00897018)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,228,449 2,036,238
Investment property 5 656,000 386,878
2,884,449 2,423,116

CURRENT ASSETS
Stocks 23,117 104,436
Debtors 6 6,226 9,670
Cash at bank 101,205 64,048
130,548 178,154
CREDITORS
Amounts falling due within one year 7 366,803 6,888
NET CURRENT (LIABILITIES)/ASSETS (236,255 ) 171,266
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,648,194

2,594,382

PROVISIONS FOR LIABILITIES 9,698 -
NET ASSETS 2,638,496 2,594,382

CAPITAL AND RESERVES
Called up share capital 8 7,000 7,000
Fair value reserve 9 63,279 -
Retained earnings 2,568,217 2,587,382
SHAREHOLDERS' FUNDS 2,638,496 2,594,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 16 July 2025 and were signed on its behalf by:





Mr R O Collett - Director


Spridlington Viners Limited (Registered number: 00897018)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Spridlington Viners 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land - Nil to 20% on reducing balance
Buildings - 12.5% on cost
Plant and machinery - 33% on cost, 25% on reducing balance, 20% on cost and 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

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.

Spridlington Viners Limited (Registered number: 00897018)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land Buildings machinery
£    £    £   
COST
At 1 February 2024 2,027,963 1,543 17,170
Additions 51,600 46,228 9,346
Disposals (2,094 ) - (4,756 )
At 31 January 2025 2,077,469 47,771 21,760
DEPRECIATION
At 1 February 2024 7,455 1,543 14,347
Charge for year 562 3,467 1,153
Eliminated on disposal - - (4,736 )
At 31 January 2025 8,017 5,010 10,764
NET BOOK VALUE
At 31 January 2025 2,069,452 42,761 10,996
At 31 January 2024 2,020,508 - 2,823

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 32,740 - 2,079,416
Additions 99,817 2,025 209,016
Disposals (4,750 ) - (11,600 )
At 31 January 2025 127,807 2,025 2,276,832
DEPRECIATION
At 1 February 2024 19,833 - 43,178
Charge for year 9,349 152 14,683
Eliminated on disposal (4,742 ) - (9,478 )
At 31 January 2025 24,440 152 48,383
NET BOOK VALUE
At 31 January 2025 103,367 1,873 2,228,449
At 31 January 2024 12,907 - 2,036,238

Spridlington Viners Limited (Registered number: 00897018)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 386,878
Additions 191,000
Revaluations 78,122
At 31 January 2025 656,000
NET BOOK VALUE
At 31 January 2025 656,000
At 31 January 2024 386,878

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2025 78,122
Cost 577,878
656,000

Investment property was valued on an open market basis on 31 January 2025 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 6,226 9,670

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,858 2,598
Taxation and social security 1,198 1,274
Other creditors 361,747 3,016
366,803 6,888

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
7,000 Ordinary £1 7,000 7,000

9. RESERVES
Fair
value
reserve
£   
Fair value uplift 78,122
Deferred tax (14,843 )

At 31 January 2025 63,279