REGISTERED NUMBER: 06452544 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Trederwen Springs 2008 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Rippon

R Amaihe

SECRETARY:

R Amaihe

REGISTERED OFFICE:

The Factory

Llansantffraid-ym-Mechain

Powys

SY22 6SY

REGISTERED NUMBER:

06452544 (England and Wales)

ACCOUNTANTS:

DJH Liverpool

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,877,754

3,888,740

3,877,754

3,888,740

CURRENT ASSETS

Stocks

6

417,312

566,425

Debtors

7

2,854,511

1,668,927

Cash at bank

1,420,190

1,934,397

4,692,013

4,169,749

CREDITORS

Amounts falling due within one year

8

2,042,644

1,987,774

NET CURRENT ASSETS

2,649,369

2,181,975

TOTAL ASSETS LESS CURRENT LIABILITIES

6,527,123

6,070,715

CREDITORS

Amounts falling due after more than one year

9

-

(43,283

)

PROVISIONS FOR LIABILITIES

11

(588,540

)

(574,667

)

NET ASSETS

5,938,583

5,452,765

CAPITAL AND RESERVES

Called up share capital

1,123

1,123

Share premium

12

41,540

41,540

Revaluation reserve

12

513,750

513,750

Retained earnings

12

5,382,170

4,896,352

SHAREHOLDERS' FUNDS

5,938,583

5,452,765

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 9 December 2025 and were signed on its behalf by:

R Amaihe - Director

1.	STATUTORY INFORMATION

Trederwen Springs 2008 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets - product brand

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write down each asset to its residual value:

Freehold property

- Not depreciated (see note below)

Plant and machinery

- 15% reducing balance

Fixtures and fittings

- 25% reducing balance

Motor vehicles

- 25% straight line

The estimated residual value of the Building and the Production Machinery is approximately equal to its net book value. It is the company's policy to maintain the Building and Production Machinery at a high standard so that the estimated residual value will not be impaired over time. The costs of this maintenance are charged to the profit and loss account as they are incurred. The directors are of the opinion that any depreciation in respect of the company's Building and Production Machinery would be immaterial and consequently no provision is to be made in the accounts for such depreciation.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charges to profit or loss on a straight line over the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of assets fair value t the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a hire purchase contract. Lease payments are treated as consisting of capital and interest elements. The interest is charged to the profit and loss.

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 42 (2024 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Patents and

licences

£

COST

At 1 September 2024

and 31 August 2025

9,209

AMORTISATION

At 1 September 2024

and 31 August 2025

9,209

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

801,082

3,853,139

22,233

4,700

4,681,154

Additions

-

93,566

-

13,000

106,566

Disposals

-

-

-

(4,700

)

(4,700

)

At 31 August 2025

801,082

3,946,705

22,233

13,000

4,783,020

DEPRECIATION

At 1 September 2024

-

766,602

21,112

4,700

792,414

Charge for year

-

117,552

-

-

117,552

Eliminated on disposal

-

-

-

(4,700

)

(4,700

)

At 31 August 2025

-

884,154

21,112

-

905,266

NET BOOK VALUE

At 31 August 2025

801,082

3,062,551

1,121

13,000

3,877,754

At 31 August 2024

801,082

3,086,537

1,121

-

3,888,740

If freehold property were stated on a historical cost basis rather than a fair value basis, they would have been included at historical cost of £536,082 (2023: £536,082).

6.

STOCKS

31.8.25

31.8.24

£

£

Finished goods

417,312

566,425

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,968,269

581,817

Amounts owed by group undertakings

731,291

762,767

Sundry debtors

46,925

44,003

Directors' current accounts

-

140,000

Prepayments

108,026

140,340

2,854,511

1,668,927

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

-

150,630

Trade creditors

1,418,442

1,117,841

Tax

371,701

470,162

Social security and other taxes

33,788

28,165

VAT

169,797

181,620

Other creditors

5,882

5,855

Accrued expenses

43,034

33,501

2,042,644

1,987,774

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

-

43,283

10.	SECURED DEBTS

A composite guarantee and debenture between Trederwen Springs 2008 Limited and TSTID Limited was created on 30 November 2021 in which Trederwen Springs 2008 Limited is the guarantor.This was subsequently satisfied on 26 October 2023.

A charge between Trederwen Springs 2008 Limited and DBW Investments Limited was created on 20 October 2023 in which Trederwen Springs 2008 Limited is the guarantor.

11.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

588,540

574,667

Deferred tax

£

Balance at 1 September 2024

574,667

Provided during year

13,873

Balance at 31 August 2025

588,540

12.

RESERVES

Retained

Share

Revaluation

earnings

premium

reserve

Totals

£

£

£

£

At 1 September 2024

4,896,350

41,540

513,750

5,451,640

Profit for the year

1,392,629

1,392,629

Dividends

(906,809

)

(906,809

)

At 31 August 2025

5,382,170

41,540

513,750

5,937,460

13.	RELATED PARTY DISCLOSURES

Related party balance at the year end is £731,291 (2024 - £762,767) owed by TSTID Limited.

14.	ULTIMATE CONTROLLING PARTY

The parent company became TSTID Limited on 30th November 2021. The ultimate controlling party is Mr D Rippon and Mr R Amaihe by way of their shareholding in TSTID Limited.