REGISTERED NUMBER: 02826213 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DANEBURY VINEYARDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Wanivenhaus

F Piech

SECRETARY:

P J R Westropp

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

02826213 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

BANKERS:

Barclays Bank Plc

5, High Street

Andover

Hampshire

SP10 1LN

FIXED ASSETS

Tangible assets

4

27,108

26,664

CURRENT ASSETS

Stocks

5

72,797

56,836

Debtors

6

7,337

15,026

Cash at bank

328,369

168,486

408,503

240,348

CREDITORS

Amounts falling due within one year

7

13,598

13,327

NET CURRENT ASSETS

394,905

227,021

TOTAL ASSETS LESS CURRENT LIABILITIES

422,013

253,685

CREDITORS

Amounts falling due after more than one year

8

4,201,947

3,762,100

NET LIABILITIES

(3,779,934

)

(3,508,415

)

CAPITAL AND RESERVES

Called up share capital

2,475,002

2,475,002

Retained earnings

(6,254,936

)

(5,983,417

)

SHAREHOLDERS' FUNDS

(3,779,934

)

(3,508,415

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 3rd December 2025 and were signed on its behalf by:

F Piech - Director

1.	STATUTORY INFORMATION

Danebury Vineyards 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.

The company relies on the continued support of the directors and Bolton Investment Holdings Limited. The directors and company have confirmed their support for the foreseeable future and will not seek repayment of their loans until sufficient funds are available. Therefore the directors are of the opinion that the accounts should be prepared on a going concern basis.

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.

Tenants improvements

-

5% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Growing vines and woodland

-

2% on cost

Stocks

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

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Growing

Tenants

Plant and

Motor

vines and

improvements

machinery

vehicles

woodland

Totals

£

£

£

£

£

COST

At 1st April 2024

127,688

136,456

33,914

27,099

325,157

Additions

-

666

4,150

-

4,816

Disposals

-

(657

)

-

-

(657

)

At 31st March 2025

127,688

136,465

38,064

27,099

329,316

DEPRECIATION

At 1st April 2024

127,688

134,547

25,595

10,663

298,493

Charge for year

-

685

3,118

542

4,345

Eliminated on disposal

-

(630

)

-

-

(630

)

At 31st March 2025

127,688

134,602

28,713

11,205

302,208

NET BOOK VALUE

At 31st March 2025

-

1,863

9,351

15,894

27,108

At 31st March 2024

-

1,909

8,319

16,436

26,664

5.

STOCKS

2025

2024

£

£

Wine in store

64,797

51,836

Stock of labels

8,000

5,000

72,797

56,836

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,633

4,034

VAT

4,704

702

Prepayments and accrued income

-

10,290

7,337

15,026

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,409

2,476

Accruals and deferred income

5,189

10,851

13,598

13,327

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Directors current accounts

1,653,571

1,653,571

Other creditors

2,548,376

2,108,529

4,201,947

3,762,100

9.	RELATED PARTY DISCLOSURES

At the year end the directors are owed £1,653,571 (2024 - £1,653,571) cumulatively.