General Information
VINE COMMUNITY SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 12126532, registration address 48 Wantage Road, Didcot, Oxfordshire, OX11 0BT.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Franchise Fees
Franchise Fees is stated at cost less amortization. Amortization is calculated on a straight line basis over the estimated expected useful economic life of the Franchise Fees of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and Machinery |
5 years Straight Line
|
| Motor Vehicles |
5 years Straight Line
|
| Computer Equipment |
5 years Straight Line
|
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 10 (2024 : 11).
|
| 3. |
Intangible fixed assets
| Cost |
Franchise Fees |
|
Total |
| |
£ |
|
£ |
| At 01 August 2024 |
24,000 |
|
24,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 July 2025 |
24,000 |
|
24,000 |
| Amortisation |
| At 01 August 2024 |
23,964 |
|
23,964 |
| Charge for year |
36 |
|
36 |
| On disposals |
- |
|
- |
| At 31 July 2025 |
24,000 |
|
24,000 |
| Net book values |
| At 31 July 2025 |
- |
|
- |
| At 31 July 2024 |
36 |
|
36 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Motor Vehicles |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 August 2024 |
129 |
|
78,098 |
|
695 |
|
78,922 |
| Additions |
- |
|
20,225 |
|
- |
|
20,225 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 31 July 2025 |
129 |
|
98,323 |
|
695 |
|
99,147 |
| Depreciation |
| At 01 August 2024 |
114 |
|
51,058 |
|
567 |
|
51,739 |
| Charge for year |
15 |
|
11,421 |
|
128 |
|
11,564 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 31 July 2025 |
129 |
|
62,479 |
|
695 |
|
63,303 |
| Net book values |
| Closing balance as at 31 July 2025 |
- |
|
35,844 |
|
- |
|
35,844 |
| Opening balance as at 01 August 2024 |
15 |
|
29,100 |
|
128 |
|
29,243 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
14,705 |
|
29,640 |
| VAT |
5,548 |
|
0 |
|
20,253 |
|
29,640 |
|
| 5. |
Debtors: amounts falling due after one year
|
2025
£ |
|
2024
£ |
| Prepayments |
3,315 |
|
5,172 |
| Other Debtors |
21,090 |
|
11,558 |
|
24,405 |
|
16,730 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
2,736 |
|
4,350 |
| Bank Loans & Overdrafts |
22,412 |
|
24,078 |
| PAYE & Social Security |
0 |
|
26,078 |
| Accrued Expenses |
195 |
|
195 |
| Other Creditors |
(1) |
|
1 |
| Obligations under HP/Financial Leases |
17,528 |
|
8,830 |
| Wages & Salaries Control Account |
3,292 |
|
0 |
| VAT |
0 |
|
37,646 |
|
46,162 |
|
101,178 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other Creditors |
51,410 |
|
54,391 |
| Obligations Under HP/Financial Leases |
17,806 |
|
14,372 |
|
69,216 |
|
68,763 |
|
| 8. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
5,907 |
|
5,563 |
|
5,907 |
|
5,563 |
|
| 9. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2025
£ | | 2024
£ | | 2025
£ | | 2024
£ |
|---|
| Director 1 | (120) | | (5,259) | | 9,667 | | 9,787 | | Director 2 | 461 | | 837 | | 22,688 | | 22,227 |
Working capital Working capital |
2
|