REGISTERED NUMBER: 04395416 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Marlborough International (UK) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P Bowyer

J Bowyer

SECRETARY:

P Bowyer

REGISTERED OFFICE:

29 Devizes Road

Swindon

Wiltshire

SN1 4BG

REGISTERED NUMBER:

04395416 (England and Wales)

ACCOUNTANTS:

PPS Chartered Accountants

29 Devizes Road

Swindon

Wiltshire

SN1 4BG

FIXED ASSETS

Tangible assets

4

460,296

459,347

CURRENT ASSETS

Stocks

570,079

517,944

Debtors

5

23,631

23,009

Cash at bank

52,999

60,322

646,709

601,275

CREDITORS

Amounts falling due within one year

6

1,167,231

1,011,330

NET CURRENT LIABILITIES

(520,522

)

(410,055

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(60,226

)

49,292

CREDITORS

Amounts falling due after more than one year

7

6,644

18,369

NET (LIABILITIES)/ASSETS

(66,870

)

30,923

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(66,970

)

30,823

(66,870

)

30,923

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 December 2025 and were signed on its behalf by:

P Bowyer - Director

1.	STATUTORY INFORMATION

Marlborough International (UK) 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Improvements

and

Motor

property

to property

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

412,856

11,392

29,901

29,000

483,149

Additions

-

8,446

13,653

-

22,099

At 31 March 2025

412,856

19,838

43,554

29,000

505,248

DEPRECIATION

At 1 April 2024

3,785

228

5,402

14,387

23,802

Charge for year

8,257

298

8,942

3,653

21,150

At 31 March 2025

12,042

526

14,344

18,040

44,952

NET BOOK VALUE

At 31 March 2025

400,814

19,312

29,210

10,960

460,296

At 31 March 2024

409,071

11,164

24,499

14,613

459,347

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

10,670

5,088

Other debtors

12,961

17,921

23,631

23,009

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,988

8,251

Trade creditors

23,201

35,323

Other creditors

1,134,042

967,756

1,167,231

1,011,330

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

6,644

18,369

8.	GOING CONCERN

The accounts report a loss for the year which has resulted in a net current liability position. The majority of the net liability is owed to the directors who confirm they will not seek to withdraw these funds whilst the company is loss making and will continue to support the company in the future.

The company is currently in the early stages of whisky production, having purchased a warehouse in 2023 and are now spending time setting up a production facility to meet the required licencing standards. The directors acknowledge that this is a long term project and believe that this will start to see an increase in business by 2026/2027.