Executive Grapevine International Limited Accounts






Executive Grapevine International Limited

	Company No. 02789779
		Information for Filing with The Registrar
		31 December 2025

The Directors present their report and the accounts for the year ended 31 December 2025.

Principal activities
The principal activity of the company during the year under review was .




Directors

The Directors who served at any time during the year were as follows:

E.R. Barrett-Fish
P. Barrett-Fish
H.L. Fish
C.R. Morgan
S. Ponte
A.V. Weston
T.F. Weston
T.I. Weston
Z. Xu

































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

A.V. Weston
Director
12 May 2026

at	31 December 2025
Company No.		02789779	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	3,786	6,169


				3,786	6,169
Current assets

	Debtors		6	224,241	248,230

	Cash at bank and in hand			925,456	1,032,343
				1,149,697	1,280,573
Creditors: Amount falling due within one year			7	(530,316)	(609,662)
Net current assets				619,381	670,911
Total assets less current liabilities				623,167	677,080




Net assets				623,167	677,080

Capital and reserves
	Called up share capital			950	1,000
	Share premium account		9	375	375

	Capital redemption reserve		9	70	20
	Profit and loss account		9	621,772	675,685

Total equity				623,167	677,080



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 12 May 2026 and signed on its behalf by:
A.V. Weston
Director
12 May 2026

for the year ended 31 December 2025

General information

Executive Grapevine International Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 02789779

Its registered office is:

Suite 03-04

3rd Floor Gate House

Fretherne Road, Welwyn

Hertfordshire

AL8 6NS

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements. The company therefore continues to adopt the going concern basis in preparing its financial statements. The directors have considered the company's financial position, expected future performance, and its access to available resources in making this assessment.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration receivable, excluding discounts and value added tax.

Sale of Goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the customer, which is usually when the goods are delivered and legal title has passed. At this point the company no longer retains managerial involvement or effective control over the goods.

Rendering of Services
Revenue from services is recognised by reference to the stage of completion at the reporting date, provided the outcome of the transaction can be estimated reliably.

Events and Conferences
Revenue is recognised when the specific event takes place, as this is when the company’s performance obligation is satisfied.

Subscriptions
Subscription income is recognised on a straight‑line basis over the subscription period, reflecting the continuous transfer of service to the customer.

Deferred Income
Amounts invoiced or received in advance of the delivery of goods, the performance of services, an event date, or the start of a subscription period are recognised as deferred income within creditors until the related performance obligation is satisfied
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

33% Straight line

Furniture, fittings and equipment

25% Straight line

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to the Company are
classified as operating leases.
Assets held under finance leases are initially recognised as assets of the Company at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which
case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting
policy above).
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense
on a straight-line basis.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Employee benefits

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Other employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in
exchange for the employee's services to the company. Where employees have accrued short-term
benefits which the entity has not paid by the balance sheet date, an accrual is recognised within
creditors: amounts falling due within one year together with an associated expense in profit or loss. The
liabilities are classified as current obligations in the statement of financial position because they are
expected to be settled wholly within twelve months after the end of the period

Provisions

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 profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at 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 the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	29	27

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	10,771	100,658
		Credit for prior periods	(304,445)	-
		Total corporation tax	(293,674)	100,658





		Tax on profit on ordinary activities	(293,674)	100,658

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-306777	£	£
		Profit on ordinary activities before tax	52,413	400,978

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	13,103	100,245
		Expenses not deductible for tax purposes	(2,332)	413
		Adjustments to charge in respect of prior periods	(304,445)	-



		Tax on profit on ordinary activities	(293,674)	100,658

5	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 January 2025	164,004	118,124	282,128
		Additions	1,511	-	1,511



		At 31 December 2025	165,515	118,124	283,639
		Depreciation
		At 1 January 2025	157,835	118,124	275,959
		Charge for the year	3,894	-	3,894



		At 31 December 2025	161,729	118,124	279,853
		Net book values
		At 31 December 2025	3,786	-	3,786
		At 31 December 2024	6,169	-	6,169

6	Debtors
			2025	2024
			£	£
		Trade debtors	178,744	188,941






		Prepayments and accrued income	45,497	59,289
			224,241	248,230

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	5,859	2,784


		Trade creditors	28,570	21,500

		Taxes and social security	134,513	247,549


		Accruals and deferred income	361,374	337,829
			530,316	609,662

Share Capital

66,500 A Class Ordinary shares allotted and fully paid. 28,500 B Class Ordinary shares allotted and fully paid. During the year the company purchased and cancelled 50 of its C Class Shares for a total consideration of £50. An amount of £50 has been transferred to the Capital Redemption Reserve.

9	Reserves
			Capital redemption reserve	Total other reserves
			£	£
		At 1 January 2024	20	20



		At 31 December 2024 and 1 January 2025	20	20


		Transfers	50	50
		At 31 December 2025	70	70


		Capital redemption reserve - records the nominal value of shares repurchased by the company.
		Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
		Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	400,000	1,000,014

			400,000	1,000,014

		Dividends by type:

		Equity dividends	400,000	1,000,014
			400,000	1,000,014