Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Catherine Jane Keers 03/04/2023 Mark Andrew Stansfeld 24/03/2014 22 October 2025 The principal activity of the Company during the financial year was that of residential property development. 08954507 2025-03-31 08954507 bus:Director1 2025-03-31 08954507 bus:Director2 2025-03-31 08954507 2024-03-31 08954507 core:CurrentFinancialInstruments 2025-03-31 08954507 core:CurrentFinancialInstruments 2024-03-31 08954507 core:ShareCapital 2025-03-31 08954507 core:ShareCapital 2024-03-31 08954507 core:RetainedEarningsAccumulatedLosses 2025-03-31 08954507 core:RetainedEarningsAccumulatedLosses 2024-03-31 08954507 core:PlantMachinery 2024-03-31 08954507 core:PlantMachinery 2025-03-31 08954507 core:RemainingRelatedParties core:CurrentFinancialInstruments 2025-03-31 08954507 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-03-31 08954507 bus:OrdinaryShareClass1 2025-03-31 08954507 2024-04-01 2025-03-31 08954507 bus:FilletedAccounts 2024-04-01 2025-03-31 08954507 bus:SmallEntities 2024-04-01 2025-03-31 08954507 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08954507 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08954507 bus:Director1 2024-04-01 2025-03-31 08954507 bus:Director2 2024-04-01 2025-03-31 08954507 core:PlantMachinery core:TopRangeValue 2024-04-01 2025-03-31 08954507 2023-04-01 2024-03-31 08954507 core:PlantMachinery 2024-04-01 2025-03-31 08954507 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 08954507 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08954507 (England and Wales)

# VINEGAR HOUSE LIMITED

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

VINEGAR HOUSE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

VINEGAR HOUSE LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
VINEGAR HOUSE LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 6,069 |  | 7,686
|  | 6,069 |  | 7,686
Current assets |  |  |  |
Stocks |  | 894,720 |  | 1,037,386
Debtors | 4 | 1,238,011 |  | 1,168,482
Cash at bank and in hand |  | 850 |  | 261,697
|  | 2,133,581 |  | 2,467,565
Creditors: amounts falling due within one year | 5 | ( 2,146,195) |  | ( 2,486,975)
Net current liabilities |  | (12,614) |  | (19,410)
Total assets less current liabilities |  | (6,545) |  | (11,724)
Provision for liabilities |  | ( 382) |  | 0
Net liabilities |  | ( 6,927) |  | ( 11,724)
Capital and reserves |  |  |  |
Called-up share capital | 6 | 1 |  | 1
Profit and loss account |  | ( 6,928 ) |  | ( 11,725 )
Total shareholder's deficit |  | ( 6,927) |  | ( 11,724)

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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Vinegar House Limited (registered number: 08954507) were approved and authorised for issue by the Board of Directors on 22 October 2025. They were signed on its behalf by:

Mark Andrew Stansfeld Director |

VINEGAR HOUSE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
VINEGAR HOUSE 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

Vinegar House 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 1-3 College Yard, Worcester, WR1 2LB, United Kingdom. The trading address is Vinegar House, Foregate Street, Worcester WR1 1DJ, 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 £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £6,927. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### 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.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### 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.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.
If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Ordinary share capital

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

#### 2. Employees

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

#### 3. Tangible assets

| Plant and machinery |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 9,714 |  | 9,714
Additions | 383 |  | 383
At 31 March 2025 | 10,097 |  | 10,097
Accumulated depreciation |  |  |
At 01 April 2024 | 2,028 |  | 2,028
Charge for the financial year | 2,000 |  | 2,000
At 31 March 2025 | 4,028 |  | 4,028
Net book value |  |  |
At 31 March 2025 | 6,069 |  | 6,069
At 31 March 2024 | 7,686 |  | 7,686

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by related parties | 1,235,352 |  | 1,152,717
Deferred tax asset | 0 |  | 2,160
Other debtors | 2,659 |  | 13,605
| 1,238,011 |  | 1,168,482

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 4,584 |  | 16,256
Amounts owed to directors | 2,138,111 |  | 2,441,840
Accruals | 3,500 |  | 3,879
Other creditors | 0 |  | 25,000
| 2,146,195 |  | 2,486,975

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1 Ordinary share of £ 1.00 | 1 |  | 1

#### 7. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Amounts owed to the directors | 2,138,112 |  | 2,441,840

Other related party transactions

| 2025 |  | 2024
| £ |  | £
Amounts owed by connected companies | 1,235,267 |  | 1,152,717
Amounts owed by subsidiary company | 85 |  | 0

The related parties are companies owned by the same directors.