31/08/2018
2018-08-31
false
false
false
false
false
false
false
false
false
false
true
false
false
true
false
false
false
false
false
false
false
false
No description of principal activities is disclosed
2017-09-01
Sage Accounts Production 18.11 - FRS
xbrli:pure
xbrli:shares
iso4217:GBP
09190964
2017-09-01
2018-08-31
09190964
2018-08-31
09190964
2017-08-31
09190964
2017-08-31
09190964
bus:RegisteredOffice
2017-09-01
2018-08-31
09190964
bus:Director1
2017-09-01
2018-08-31
09190964
bus:Director2
2017-09-01
2018-08-31
09190964
bus:Director3
2017-09-01
2018-08-31
09190964
core:LandBuildings
core:OwnedOrFreeholdAssets
2017-08-31
09190964
core:PlantMachinery
2017-08-31
09190964
core:LandBuildings
core:OwnedOrFreeholdAssets
2018-08-31
09190964
core:PlantMachinery
2018-08-31
09190964
core:WithinOneYear
2018-08-31
09190964
core:WithinOneYear
2017-08-31
09190964
core:ShareCapital
2018-08-31
09190964
core:ShareCapital
2017-08-31
09190964
core:RetainedEarningsAccumulatedLosses
2018-08-31
09190964
core:RetainedEarningsAccumulatedLosses
2017-08-31
09190964
core:LandBuildings
core:OwnedOrFreeholdAssets
2017-09-01
2018-08-31
09190964
core:PlantMachinery
2017-09-01
2018-08-31
09190964
core:LandBuildings
core:OwnedOrFreeholdAssets
2017-08-31
09190964
core:PlantMachinery
2017-08-31
09190964
bus:Director1
2017-08-31
09190964
bus:Director1
2018-08-31
09190964
bus:Director1
2016-08-31
09190964
bus:Director1
2017-08-31
09190964
bus:Director1
2016-09-01
2017-08-31
09190964
bus:SmallEntities
2017-09-01
2018-08-31
09190964
bus:AuditExempt-NoAccountantsReport
2017-09-01
2018-08-31
09190964
bus:FullAccounts
2017-09-01
2018-08-31
09190964
bus:SmallCompaniesRegimeForAccounts
2017-09-01
2018-08-31
09190964
bus:PrivateLimitedCompanyLtd
2017-09-01
2018-08-31
09190964
core:OtherPropertyPlantEquipment
2017-08-31
09190964
core:OtherPropertyPlantEquipment
2018-08-31
09190964
core:OtherPropertyPlantEquipment
2017-09-01
2018-08-31
09190964
1
2017-09-01
2018-08-31
Company registration number:
09190964
Perch Hill Vineyard Limited
Unaudited filleted financial statements
31 August 2018
Perch Hill Vineyard Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Perch Hill Vineyard Limited
Directors and other information
|
|
|
|
Directors
|
Mr Leslie Moore
|
|
|
Mrs Jennifer Moore
|
|
|
Mrs Annette Welch
|
|
|
|
|
|
|
|
Company number
|
09190964
|
|
|
|
|
|
|
|
Registered office
|
68 West Street
|
|
|
Warminster
|
|
|
Wiltshire
|
|
|
BA12 8JW
|
|
|
|
Perch Hill Vineyard Limited
Statement of financial position
31 August 2018
|
|
|
31/08/18
|
|
|
|
31/08/17
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
|
|
Tangible assets
|
|
5
|
70,576
|
|
|
|
76,596
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
70,576
|
|
|
|
76,596
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Stocks
|
|
|
40,238
|
|
|
|
8,190
|
|
|
Debtors
|
|
6
|
512
|
|
|
|
1,480
|
|
|
Cash at bank and in hand
|
|
|
7,958
|
|
|
|
3,465
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
48,708
|
|
|
|
13,135
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
7
|
(
191,324)
|
|
|
|
(
162,136)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current liabilities
|
|
|
|
|
(
142,616)
|
|
|
|
(
149,001)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
(
72,040)
|
|
|
|
(
72,405)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net liabilities
|
|
|
|
|
(
72,040)
|
|
|
|
(
72,405)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
|
|
|
Called up share capital
|
|
|
|
|
5
|
|
|
|
5
|
Profit and loss account
|
|
|
|
|
(
72,045)
|
|
|
|
(
72,410)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Shareholders deficit
|
|
|
|
|
(
72,040)
|
|
|
|
(
72,405)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the period ending 31 August 2018 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 period 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 financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
16 May 2019
, and are signed on behalf of the board by:
Mr Leslie Moore
Director
Company registration number:
09190964
Perch Hill Vineyard Limited
Notes to the financial statements
Period ended 31 August 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 68 West Street, Warminster, Wiltshire, BA12 8JW.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The 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 financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
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.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Tangible assets
tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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:
|
|
|
|
|
|
Freehold property
|
-
|
20% Reducing balance on buildings
|
|
|
Plant and machinery
|
-
|
20% Reducing Balance
|
|
|
Vines and Associated Costs
|
-
|
5% Straight Line
|
|
|
|
|
|
|
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
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. 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 are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4.
Staff costs
The average number of persons employed by the company during the period amounted to -
(2017: - ).
The company relies on sub contract services to assit as and when required.
5.
Tangible assets
|
|
Freehold property
|
Plant and machinery
|
Vines & Other Associated Costs
|
Total
|
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
|
At 1 September 2017
|
18,131
|
9,034
|
69,358
|
96,523
|
|
|
|
|
Additions
|
-
|
1,193
|
-
|
1,193
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 31 August 2018
|
18,131
|
10,227
|
69,358
|
97,716
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
Depreciation
|
|
|
|
|
|
|
|
|
At 1 September 2017
|
6,182
|
3,452
|
10,293
|
19,927
|
|
|
|
|
Charge for the year
|
2,390
|
1,355
|
3,468
|
7,213
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 31 August 2018
|
8,572
|
4,807
|
13,761
|
27,140
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
|
At 31 August 2018
|
9,559
|
5,420
|
55,597
|
70,576
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 31 August 2017
|
11,949
|
5,582
|
59,065
|
76,596
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
6.
Debtors
|
|
|
31/08/18
|
31/08/17
|
|
|
|
£
|
£
|
|
Trade debtors
|
|
512
|
1,480
|
|
|
|
_______
|
_______
|
|
|
|
|
|
7.
Creditors: amounts falling due within one year
|
|
|
31/08/18
|
31/08/17
|
|
|
|
£
|
£
|
|
Trade creditors
|
|
2,319
|
911
|
|
Other creditors
|
|
189,005
|
161,225
|
|
|
|
_______
|
_______
|
|
|
|
191,324
|
162,136
|
|
|
|
_______
|
_______
|
|
|
|
|
|
8.
Directors advances, credits and guarantees
|
During the period the directors entered into the following advances and credits with the company:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31/08/18
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the directors
|
Balance o/standing
|
|
|
|
|
|
£
|
£
|
£
|
|
|
|
|
Mr Leslie Moore
|
(
159,875)
|
(
27,028)
|
(
186,903)
|
|
|
|
|
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31/08/17
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the directors
|
Balance o/standing
|
|
|
|
|
|
£
|
£
|
£
|
|
|
|
|
Mr Leslie Moore
|
(
137,967)
|
(
21,908)
|
(
159,875)
|
|
|
|
|
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
9.
Controlling party
The 5 shares in the company are owned one each by the wife of the company director, L A Moore, and the four adult children of L A Moore, two of which are also directors of the company.