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Registration number: 07946309

The Heirloom Sauce Company Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

The Heirloom Sauce Company Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

The Heirloom Sauce Company Limited

Company Information

Director | Mr J F Chamberlain

Registered office | Lytchett House 13 Freeland Park Wareham Road Poole BH16 6FA

The Heirloom Sauce Company Limited

(Registration number: 07946309)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 7,927 | 10,835
Tangible assets | 5 | 5,047 | 9,981
Investments | 6 | - | 770
|  | 12,974 | 21,586
Current assets |  |  |
Stocks | 7 | 622,842 | 909,372
Debtors | 8 | 624,013 | 630,569
Cash at bank and in hand |  | 2,065,857 | 1,524,528
|  | 3,312,712 | 3,064,469
Creditors: Amounts falling due within one year | 9 | (374,790) | (417,687)
Net current assets |  | 2,937,922 | 2,646,782
Total assets less current liabilities |  | 2,950,896 | 2,668,368
Provisions for liabilities |  | (2,770) | -
Net assets |  | 2,948,126 | 2,668,368
Capital and reserves |  |  |
Called up share capital | 10 | 1 | 1
Retained earnings |  | 2,948,125 | 2,668,367
Shareholders' funds |  | 2,948,126 | 2,668,368

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 April 2026

Mr J F Chamberlain Director

The Heirloom Sauce Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lytchett House
13 Freeland Park
Wareham Road
Poole
BH16 6FA

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The Heirloom Sauce Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery etc | - 50% on cost

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Trademarks | - 20% on cost

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

The Heirloom Sauce Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.
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.

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.

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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2024 - 9).

The Heirloom Sauce Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Intangible assets

| Other intangible assets £
Cost or valuation
At 1 January 2025 | 22,662
Additions | 1,895
At 31 December 2025 | 24,557
Amortisation
At 1 January 2025 | 11,827
Amortisation charge | 4,803
At 31 December 2025 | 16,630
Carrying amount
At 31 December 2025 | 7,927
At 31 December 2024 | 10,835

5 | Tangible assets

| Plant and machinery £
Cost or valuation
At 1 January 2025 | 23,621
Additions | 3,080
Disposals | (4,342)
At 31 December 2025 | 22,359
Depreciation
At 1 January 2025 | 13,640
Charge for the year | 7,913
Eliminated on disposal | (4,241)
At 31 December 2025 | 17,312
Carrying amount
At 31 December 2025 | 5,047
At 31 December 2024 | 9,981

The Heirloom Sauce Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | - | 770

Subsidiaries | £
Cost or valuation
At 1 January 2025 | 770
Revaluation | (770)
At 31 December 2025 | -
Carrying amount
At 31 December 2025 | -
At 31 December 2024 | 770

7 | Stocks

| 2025 £ | 2024 £
Finished goods and goods for resale | 622,842 | 909,372

8 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 502,061 | 440,974
Amounts owed by related parties |  | - | 145,004
Prepayments |  | 82,758 | 10,603
Other debtors |  | 39,194 | 33,988
|  | 624,013 | 630,569

The Heirloom Sauce Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 147,265 | 184,398
Taxation and social security | 50,176 | 43,868
Accruals and deferred income | 177,349 | 189,421
| 374,790 | 417,687

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £0.00001 each | 100,000 | 1 | 100,000 | 1