IRIS Accounts Production v25.4.0.155 06638763 Board of Directors 1.11.24 31.10.25 31.10.25 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06638763 2024-10-31 06638763 2025-10-31 06638763 2024-11-01 2025-10-31 06638763 2023-10-31 06638763 2023-11-01 2024-10-31 06638763 2024-10-31 06638763 ns14:PoundSterling 2024-11-01 2025-10-31 06638763 ns10:Director1 2024-11-01 2025-10-31 06638763 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 06638763 ns10:SmallEntities 2024-11-01 2025-10-31 06638763 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 06638763 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 06638763 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 06638763 ns10:FullAccounts 2024-11-01 2025-10-31 06638763 ns10:OrdinaryShareClass1 2024-11-01 2025-10-31 06638763 ns10:OrdinaryShareClass2 2024-11-01 2025-10-31 06638763 ns10:OrdinaryShareClass3 2024-11-01 2025-10-31 06638763 ns10:OrdinaryShareClass4 2024-11-01 2025-10-31 06638763 ns5:CurrentFinancialInstruments 2025-10-31 06638763 ns5:CurrentFinancialInstruments 2024-10-31 06638763 ns5:Non-currentFinancialInstruments 2025-10-31 06638763 ns5:Non-currentFinancialInstruments 2024-10-31 06638763 ns5:ShareCapital 2025-10-31 06638763 ns5:ShareCapital 2024-10-31 06638763 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 06638763 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 06638763 ns10:RegisteredOffice 2024-11-01 2025-10-31 06638763 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-11-01 2025-10-31 06638763 ns5:PlantMachinery 2024-11-01 2025-10-31 06638763 ns5:MotorVehicles 2024-11-01 2025-10-31 06638763 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-10-31 06638763 ns5:PlantMachinery 2024-10-31 06638763 ns5:MotorVehicles 2024-10-31 06638763 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-10-31 06638763 ns5:PlantMachinery 2025-10-31 06638763 ns5:MotorVehicles 2025-10-31 06638763 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-10-31 06638763 ns5:PlantMachinery 2024-10-31 06638763 ns5:MotorVehicles 2024-10-31 06638763 ns5:CostValuation 2025-10-31 06638763 ns5:CostValuation 2024-10-31 06638763 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-10-31 06638763 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 06638763 ns5:CurrentFinancialInstruments 2024-11-01 2025-10-31 06638763 ns5:Non-currentFinancialInstruments 2024-11-01 2025-10-31 06638763 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-10-31 06638763 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-10-31 06638763 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-10-31 06638763 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-10-31 06638763 ns5:HirePurchaseContracts 2025-10-31 06638763 ns5:HirePurchaseContracts 2024-10-31 06638763 ns5:WithinOneYear 2025-10-31 06638763 ns5:WithinOneYear 2024-10-31 06638763 ns5:BetweenOneFiveYears 2025-10-31 06638763 ns5:BetweenOneFiveYears 2024-10-31 06638763 ns5:AllPeriods 2025-10-31 06638763 ns5:AllPeriods 2024-10-31 06638763 ns10:OrdinaryShareClass1 2025-10-31 06638763 ns10:OrdinaryShareClass2 2025-10-31 06638763 ns10:OrdinaryShareClass3 2025-10-31 06638763 ns10:OrdinaryShareClass4 2025-10-31

REGISTERED NUMBER: 06638763 (United Kingdom)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

RDM WINES LIMITED

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Balance Sheet

31 October 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 723,831 |  | 703,941 |  |

Investments | 5 | 25,050 |  | 25,050 |  |

748,881 |  | 728,991 |  |

CURRENT ASSETS

Stocks | 6 | 1,819,997 |  | 1,602,257 |  |

Debtors | 7 | 1,096,031 |  | 1,215,042 |  |

Cash at bank | 1,343,826 |  | 1,086,970 |  |

4,259,854 |  | 3,904,269 |  |

CREDITORS

Amounts falling due within one year | 8 | 2,925,350 |  | 2,450,770 |  |

NET CURRENT ASSETS | 1,334,504 |  | 1,453,499 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,083,385 |  | 2,182,490 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (169,276 | ) | (164,223 | ) |

PROVISIONS FOR LIABILITIES | (100,939 | ) | (113,027 | ) |

NET ASSETS | 1,813,170 |  | 1,905,240 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 100,000 |  | 100,000 |  |

Retained earnings | 1,713,170 |  | 1,805,240 |  |

SHAREHOLDERS' FUNDS | 1,813,170 |  | 1,905,240 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Balance Sheet - continued

31 October 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

Mr N O'Sullivan - Director

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| RDM Wines Limited is a private company, limited by shares , registered in United Kingdom. The company's registered number and registered office address are as below:

| Registered number: | 06638763

| Registered office: | 242 Penarth Road

| Cardiff

| CF11 8TU

| The presentation currency of the financial statements is the Pound Sterling (£).

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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

| The company recognises revenue when:

| The amount of revenue can be reliably measured;

| it is probable that future economic benefits will flow to the entity;

| and specific criteria have been met for each of the company's activities.

| Foreign currency transactions and balances

| Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the

| respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary

| items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

| Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

| Tangible fixed assets

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

| Leasehold property improvements | - | 2% on reducing balance

| Other property, plant and equipment | - | 10% - 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of

| change in value.

| Trade debtors

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary

| course of business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade

| debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is

| determined using the first-in, first-out (FIFO) method.

| The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Trade creditors

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

| business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve

| months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months

| after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost

| using the effective interest method.

| Borrowings

| Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing

| borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of

| transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

| Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

| Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

| Leases

| Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

| Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

| Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

| Share capital

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

| Dividends

| Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

| Defined contribution pension obligation

| A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

| Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Financial Instruments

| Classification

| 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.

| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual

| provisions of the instrument.

| Debt instruments are subsequently measured at amortised cost.

| Impairment

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 31 (2024 - 29 ) .

4. | TANGIBLE FIXED ASSETS

| Other |

| Leasehold |  | property, |

| property |  | plant and |  | Motor |

| improvements |  | equipment |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2024 | 269,876 |  | 693,344 |  | 510,699 |  | 1,473,919 |  |

| Additions | - |  | 28,202 |  | 185,854 |  | 214,056 |  |

| Disposals | - |  | - |  | (117,500 | ) | (117,500 | ) |

| At 31 October 2025 | 269,876 |  | 721,546 |  | 579,053 |  | 1,570,475 |  |

| DEPRECIATION

| At 1 November 2024 | 40,332 |  | 480,301 |  | 249,345 |  | 769,978 |  |

| Charge for year | 4,592 |  | 52,162 |  | 72,301 |  | 129,055 |  |

| Eliminated on disposal | - |  | - |  | (52,389 | ) | (52,389 | ) |

| At 31 October 2025 | 44,924 |  | 532,463 |  | 269,257 |  | 846,644 |  |

| NET BOOK VALUE

| At 31 October 2025 | 224,952 |  | 189,083 |  | 309,796 |  | 723,831 |  |

| At 31 October 2024 | 229,544 |  | 213,043 |  | 261,354 |  | 703,941 |  |

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

4. | TANGIBLE FIXED ASSETS - continued

| Included within the net book value of land and buildings above is £224,952 (2024: £229,544) in respect of short leasehold land and buildings.

5. | FIXED ASSET INVESTMENTS

| Interest |

| in |  | Other |

| associate |  | investments |  | Totals

£ | £ | £ |

| COST

| At 1 November 2024

| and 31 October 2025 | 50 |  | 25,000 |  | 25,050 |  |

| NET BOOK VALUE

| At 31 October 2025 | 50 |  | 25,000 |  | 25,050 |  |

| At 31 October 2024 | 50 |  | 25,000 |  | 25,050 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 1,819,997 |  | 1,602,257 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,034,641 |  | 1,020,717 |  |

| Other debtors | 48,184 |  | 121,185 |  |

| Prepayments and accrued income | 13,206 |  | 73,140 |  |

1,096,031 |  | 1,215,042 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts (see note 10) | - |  | 37,522 |  |

| Hire purchase contracts (see note 11) | 69,935 |  | 53,395 |  |

| Trade creditors | 1,238,172 |  | 1,310,280 |  |

| Tax | - |  | (6,536 | ) |

| Social security and other taxes | 568,703 |  | 381,896 |  |

| Other creditors | 945,355 |  | 660,463 |  |

| Accruals and deferred income | 103,185 |  | 13,750 |  |

2,925,350 |  | 2,450,770 |  |

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

| The bank loans and overdrafts are secured by fixed and floating charge over the undertaking and all property and assets of the company.

| The hire purchase contracts are secured against the assets to which they relate.

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 11) | 169,276 |  | 164,223 |  |

| The hire purchase contracts are secured against the assets to which they relate.

10. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | - |  | 37,522 |  |

11. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 69,935 |  | 53,395 |  |

| Between one and five years | 169,276 |  | 164,223 |  |

239,211 |  | 217,618 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 17,086 |  | 6,367 |  |

| Between one and five years | 21,607 |  | 7,428 |  |

38,693 |  | 13,795 |  |

| RDM WINES LIMITED (REGISTERED NUMBER: 06638763) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 64,000 | Ordinary A | £1 | 64,000 |  | 64,000 |  |

| 20,000 | Ordinary B | £1 | 20,000 |  | 20,000 |  |

| 8,000 | Ordinary C | £1 | 8,000 |  | 8,000 |  |

| 8,000 | Ordinary D | £1 | 8,000 |  | 8,000 |  |

100,000 |  | 100,000 |  |