Company No: 05492268 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	B C Gladwin
	P A Gladwin
	G Gladwin (Appointed 01 June 2025)

Secretary

B C Gladwin

Registered office	Nutbourne Manor
	The Street Nutbourne
	Pulborough
	West Sussex
	RH20 2HE
	United Kingdom

Company number

05492268 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	441,960		423,655
		441,960		423,655
Current assets
Stocks		435,020		425,334
Debtors	4	36,449		30,323
Cash at bank and in hand		40,799		21,425
		512,268		477,082
Creditors: amounts falling due within one year	5	( 402,020)		( 419,853)
Net current assets		110,248		57,229
Total assets less current liabilities		552,208		480,884
Provision for liabilities	6	( 29,615)		( 26,284)
Net assets		522,593		454,600
Capital and reserves
Called-up share capital	7	469,261		428,001
Share premium account		105,626		0
Profit and loss account		( 52,294 )		26,599
Total shareholders' funds		522,593		454,600

For the financial year ending 31 January 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 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 Comprehensive Income has not been delivered.

The financial statements of Nutbourne Vineyards Limited (registered number: 05492268) were approved and authorised for issue by the Board of Directors on 22 October 2025. They were signed on its behalf by:

P A Gladwin Director

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

Nutbourne Vineyards 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 Nutbourne Manor, The Street Nutbourne, , Pulborough, West Sussex, RH20 2HE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

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.

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 Balance Sheet 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 valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	25 years straight line
Plant and machinery etc.	5 - 20 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.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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 Balance Sheet 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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 February 2024	569,801		446,398		1,016,199
Additions	22,676		54,160		76,836
At 31 January 2025	592,477		500,558		1,093,035
Accumulated depreciation
At 01 February 2024	271,048		321,496		592,544
Charge for the financial year	34,261		24,270		58,531
At 31 January 2025	305,309		345,766		651,075
Net book value
At 31 January 2025	287,168		154,792		441,960
At 31 January 2024	298,753		124,902		423,655

4. Debtors

	2025		2024
	£		£
Trade debtors	6,992		16,707
Prepayments	7,375		4,432
VAT recoverable	( 1,041)		1,330
Corporation tax	23,123		0
Other debtors	0		7,854
	36,449		30,323

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	18,159		6,718
Amounts owed to directors	347,832		372,177
Accruals	4,826		4,274
Corporation tax	0		23,962
Other taxation and social security	15,481		2,478
Other creditors	15,722		10,244
	402,020		419,853

6. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 26,284)		( 2,605)
Charged to the Profit and Loss Account	( 3,331)		( 23,679)
At the end of financial year	( 29,615)		( 26,284)

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
469,261 Ordinary shares of £ 1.00 each (2024: 428,001 shares of £ 1.00 each)	469,261		428,001

During the year 41,260 ordinary £1 shares were issued for a total consideration of £146,886.

8. Related party transactions

Transactions with the entity's directors

P A Gladwin
(Director and shareholder)
During the year P A Gladwin continued to provide a loan to the company which is interest free and repayable on demand. At the balance sheet date the amount due to P A Gladwin was £347,832 (2024: £372,177).