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REGISTERED NUMBER: 05273743 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 August 2025 |

| for |

| Essentially Wine Limited |

| Essentially Wine Limited (Registered number: 05273743) |

Contents of the Financial Statements

for the Year Ended 31 August 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Essentially Wine Limited |

Company Information

for the Year Ended 31 August 2025

| DIRECTOR: | S B Forward

| SECRETARY: | M E Perez

| REGISTERED OFFICE: | Airport House

| Suite 43-45

| Purley Way

| Croydon

| Surrey

| CR0 0XZ

| REGISTERED NUMBER: | 05273743 (England and Wales)

| ACCOUNTANTS: | Ledger Sparks Limited

| Airport House

| Suite 43-45

| Purley Way

| Croydon

| CR0 0XZ

| Essentially Wine Limited (Registered number: 05273743) |

Balance Sheet

31 August 2025

| 2025 |  | 2024

| Notes | £ | £ |

Fixed assets

Intangible assets | 4 | - |  | - |  |

Investment property | 5 | 194,863 |  | 194,863 |  |

194,863 |  | 194,863 |  |

Current assets

Debtors | 6 | 26,238 |  | 42,759 |  |

Cash at bank | 199,096 |  | 163,697 |  |

225,334 |  | 206,456 |  |

Creditors

Amounts falling due within one year | 7 | (7,826 | ) | (5,978 | ) |

Net current assets | 217,508 |  | 200,478 |  |

Total assets less current liabilities | 412,371 |  | 395,341 |  |

Capital and reserves

Called up share capital | 400,000 |  | 400,000 |  |

Investment property reserve | 8 | 38,592 |  | 38,592 |  |

Retained earnings | 8 | (26,221 | ) | (43,251 | ) |

412,371 |  | 395,341 |  |

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 director acknowledges his 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.

| Essentially Wine Limited (Registered number: 05273743) |

Balance Sheet - continued

31 August 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 January 2026 and were signed by:

S B Forward - Director

| Essentially Wine Limited (Registered number: 05273743) |

Notes to the Financial Statements

for the Year Ended 31 August 2025

1. | STATUTORY INFORMATION

| Essentially Wine 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.

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

| The company's principal activity during the year was the retail and wholesale of fine wines & related accessories and rental income from property.

2. | ACCOUNTING POLICIES

| BASIS OF PREPARING THE FINANCIAL STATEMENTS

| These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

| TURNOVER

| Turnover represents rental income receivable by the company.

| INVESTMENT PROPERTY

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

| FINANCIAL INSTRUMENTS

| The company only enters into basic financial instrument transactions that results in the recognition of financial asset and liability such as trade and other debtors and creditors, loan from bank and other third parties, loan to related parties and investments in non puttable ordinary shares.

| TAXATION

| The tax expense represents the sum of the tax currently payable and deferred tax.

| CURRENT TAX

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

| DEFERRED TAX

| Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

| Essentially Wine Limited (Registered number: 05273743) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| PROVISION FOR LIABILITIES

| Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

| Provisions are charged as an expense to the statement of comprehensive income in the year that the company becomes aware of the obligation and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

| When payments are eventually made, they are charged to the provision carried in Balance sheet.

| GOING CONCERN

| At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | INTANGIBLE FIXED ASSETS

| Development

| costs

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 19,271 |  |

| AMORTISATION

| At 1 September 2024

| and 31 August 2025 | 19,271 |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  |

| At 31 August 2024 | - |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024

| and 31 August 2025 | 194,863 |  |

| NET BOOK VALUE

| At 31 August 2025 | 194,863 |  |

| At 31 August 2024 | 194,863 |  |

| The director considers the carrying value of the investment property within the accounts approximate to its fair value.

| Essentially Wine Limited (Registered number: 05273743) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

5. | INVESTMENT PROPERTY - continued

| Fair value at 31 August 2025 is represented by:

£ |

| Valuation in 2018 | 38,592 |  |

| Cost | 156,271 |  |

194,863 |  |

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

2025 | 2024 |

£ | £ |

| Other debtors | 26,238 |  | 42,759 |  |

| The director considers the carrying value of trade and other receivables approximate to their fair values.

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 2,217 |  | 708 |  |

| Other creditors | 5,609 |  | 5,270 |  |

7,826 |  | 5,978 |  |

| The director considers the carrying amounts of current liabilities approximate to their fair values.

8. | RESERVES

| Investment |

| Retained |  | property |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 September 2024 | (43,251 | ) | 38,592 |  | (4,659 | ) |

| Profit for the year | 17,030 |  | 17,030 |  |

| At 31 August 2025 | (26,221 | ) | 38,592 |  | 12,371 |  |

| INVESTMENT PROPERTY RESERVES

| The Company uses the Fair value model for the measurement of its investment properties. The reserve records the fair value surplus recognised less the related provision for deferred tax. This is a non-distributable reserve.

| PROFIT AND LOSS RESERVES

| Retained earnings consist of fair value adjustments and deferred tax in relation to investment properties.

| At the balance sheet date the reserves therefore comprise of the following:

| Distributable reserves : -£26,221

| Non Distributable reserves : £38,592 (relating to fair value adjustments to investment properties)

| Essentially Wine Limited (Registered number: 05273743) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025 | 2024 |

£ | £ |

| S B Forward

| Balance outstanding at start of year | 28,003 |  | 41,543 |  |

| Amounts repaid | (16,015 | ) | (13,540 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 11,988 |  | 28,003 |  |

10. | RELATED PARTY DISCLOSURES

| As at the balance sheet date included in other debtors were amounts of £11,988 (2024 - £28,003) due from the director. This loan is interest free and repayable on demand.