REGISTERED NUMBER: 05712174 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

ASHBOURNE BISCUITS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Darvill

J I Siddall

REGISTERED OFFICE:

Britannia House

Blenheim Road

Airfield Industrial Estate

Ashbourne

DE5 1HA

REGISTERED NUMBER:

05712174 (England and Wales)

AUDITORS:

Richardson Swift Audit Ltd

Chartered Accountants

Statutory Auditor

11 Laura Place

Bath

BA2 4BL

FIXED ASSETS

Investments

4

2,712,335

2,712,335

CURRENT ASSETS

Debtors

5

286,602

286,602

Cash at bank

53

53

286,655

286,655

CREDITORS

Amounts falling due within one year

6

304,554

304,554

NET CURRENT LIABILITIES

(17,899

)

(17,899

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,694,436

2,694,436

CREDITORS

Amounts falling due after more than one year

7

2,171,661

2,171,661

NET ASSETS

522,775

522,775

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

519,000

519,000

Retained earnings

2,775

2,775

522,775

522,775

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 12 December 2025 and were signed on its behalf by:

J I Siddall - Director

1.	STATUTORY INFORMATION

Ashbourne Biscuits 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.

Whilst the company has net current liabilities, the Directors consider that it is appropriate to prepare the financial statements on the going concern basis as the assets and liabilities are all within the group and this company does not trade. The wider group has a net assets and net current assets position.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

2,712,335

NET BOOK VALUE

At 31 March 2025

2,712,335

At 31 March 2024

2,712,335

The company owns 100% of the issued share capital of Artisan Biscuits Limited and The Fine Cookie Co Limited.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

286,602

286,602

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

264,109

260,509

Other creditors

40,445

44,045

304,554

304,554

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

2,171,661

2,171,661

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Catherine Edwards BSc FCA (Senior Statutory Auditor)

for and on behalf of Richardson Swift Audit Ltd

9.	CONTINGENT LIABILITIES

The company has given a legal charge over its assets to support the borrowing of its subsidiaries. At the year end the borrowing totalled £1,682,290

10.	PARENT COMPANY

The parent company is The Fine Cheese Co Limited.