GRAPEVINE ESTATE AGENTS LIMITED Company accounts

COMPANY REGISTRATION NUMBER: 10545986

GRAPEVINE ESTATE AGENTS LIMITED

Unaudited Abridged Financial Statements

31 January 2026

GRAPEVINE ESTATE AGENTS LIMITED

Abridged Financial Statements

Year ended 31st January 2026

Contents	Page

Directors' report	1

Abridged statement of income and retained earnings	2

Abridged statement of financial position	3

Notes to the abridged financial statements	5

GRAPEVINE ESTATE AGENTS LIMITED

Directors' Report

Year ended 31st January 2026

The directors present their report and the unaudited abridged financial statements of the company for the year ended 31 January 2026 .

Directors

The directors who served the company during the year were as follows:

O R BUSH
A C SHAW

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 24 February 2026 and signed on behalf of the board by:

A C SHAW

Director

Registered office:

18 London Road

Twyford

Reading

Berkshire

RG10 9ER

GRAPEVINE ESTATE AGENTS LIMITED

Abridged Statement of Income and Retained Earnings

Year ended 31st January 2026

	2026	2025
Note	£	£
Gross profit	486,499	414,429

Distribution costs	6,007	2,587
Administrative expenses	248,413	210,668
	---------	---------
Operating profit	232,079	201,174

Other interest receivable and similar income		873	–
Interest payable and similar expenses		3,360	5,604
		---------	---------
Profit before taxation	5	229,592	195,570

Tax on profit	59,195	51,599
	---------	---------
Profit for the financial year and total comprehensive income	170,397	143,971
	---------	---------

Dividends paid and payable	( 170,000)	( 143,500)

Retained earnings at the start of the year	515	44
	---------	---------
Retained earnings at the end of the year	912	515
	---------	---------

All the activities of the company are from continuing operations.

GRAPEVINE ESTATE AGENTS LIMITED

Abridged Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	6	16,060	38,715

Current assets

Debtors	82,087	32,083
Cash at bank and in hand	35,324	39,881
	---------	--------
	117,411	71,964

Creditors: amounts falling due within one year	107,761	79,878
	---------	--------
Net current assets/(liabilities)	9,650	( 7,914)
	--------	--------
Total assets less current liabilities	25,710	30,801

Creditors: amounts falling due after more than one year	24,698	30,186
	--------	--------
Net assets	1,012	615
	--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	912	515
	-------	----
Shareholders funds	1,012	615
	-------	----

These abridged financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31st January 2026 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 abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31st January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

GRAPEVINE ESTATE AGENTS LIMITED

Abridged Statement of Financial Position (continued)

31 January 2026

These abridged financial statements were approved by the board of directors and authorised for issue on 24 February 2026 , and are signed on behalf of the board by:

O R BUSH

Director

Company registration number: 10545986

GRAPEVINE ESTATE AGENTS LIMITED

Notes to the Abridged Financial Statements

Year ended 31st January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 18 London Road, Twyford, Reading, Berkshire, RG10 9ER.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	25% straight line
Plant and machinery	-	25% straight line
Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% straight line

	Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the abridged statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 3 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2026	2025
	£	£
Depreciation of tangible assets	14,641	27,391
	--------	--------

6. Tangible assets

	£
Cost
At 1st February 2025	129,177
Additions	4,361
Disposals	( 32,500)
	---------
At 31st January 2026	101,038
	---------
Depreciation
At 1st February 2025	90,462
Charge for the year	14,641
Disposals	( 20,125)
	---------
At 31st January 2026	84,978
	---------
Carrying amount
At 31st January 2026	16,060
	---------
At 31st January 2025	38,715
	---------

7. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
O R BUSH	20,611	5,041	25,652
A C SHAW	27,546	9,683	37,229
	--------	--------	--------
	48,157	14,724	62,881
	--------	--------	--------

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
O R BUSH	36,507	( 15,896)	20,611
A C SHAW	45,101	( 17,555)	27,546
	--------	--------	--------
	81,608	( 33,451)	48,157
	--------	--------	--------