REGISTERED NUMBER: 03165444 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

VINEXUS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D Sette

J L Bielak

Ms R Genchi

REGISTERED OFFICE:

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

REGISTERED NUMBER:

03165444 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

FIXED ASSETS

Tangible assets

4

631,800

632,943

CURRENT ASSETS

Debtors

5

1,706,147

1,554,673

Cash at bank and in hand

1,301,287

1,583,007

3,007,434

3,137,680

CREDITORS

Amounts falling due within one year

6

2,376,413

1,681,197

NET CURRENT ASSETS

631,021

1,456,483

TOTAL ASSETS LESS CURRENT LIABILITIES

1,262,821

2,089,426

PROVISIONS FOR LIABILITIES

2,794

2,284

NET ASSETS

1,260,027

2,087,142

CAPITAL AND RESERVES

Issued share capital

163

290

Capital redemption reserve

7

127

-

Retained earnings

7

1,259,737

2,086,852

1,260,027

2,087,142

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.

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 21 July 2026 and were signed on its behalf by:

J L Bielak - Director

1.	STATUTORY INFORMATION

Vinexus 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

Turnover is based on the supply of wine and sales commission from the introduction of supplies to customers. Turnover is recorded once the wines have been supplied or in relation to sales commission once the customer has been introduced to the supplier.

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

- 0.5% straight line

Plant and machinery

- 20% reducing balance

Fixture and fittings

- 15% reducing balance

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment of assets

A review of indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversals at each reporting date.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any material unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

636,537

33,069

669,606

Additions

-

6,149

6,149

At 31 October 2025

636,537

39,218

675,755

DEPRECIATION

At 1 November 2024

12,731

23,932

36,663

Charge for year

3,183

4,109

7,292

At 31 October 2025

15,914

28,041

43,955

NET BOOK VALUE

At 31 October 2025

620,623

11,177

631,800

At 31 October 2024

623,806

9,137

632,943

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

1,684,227

1,552,131

Other debtors

21,920

2,542

1,706,147

1,554,673

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

1,620,686

1,368,630

Amounts owed to participating interests

399,960

25,913

Taxation and social security

144,603

132,380

Other creditors

211,164

154,274

2,376,413

1,681,197

Included in other creditors are accrued expenses of £135,018 (2024: £128,800).

7.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 November 2024

2,086,852

-

2,086,852

Profit for the year

404,580

404,580

Dividends

(131,600

)

(131,600

)

Purchase of own shares

(1,100,095

)

127

(1,099,968

)

At 31 October 2025

1,259,737

127

1,259,864

8.	RELATED PARTY DISCLOSURES

Included in other creditor due within one year are balances of £199,980 (2024: £25,475) and £199,980 (2024: £25,475) due to the shareholders.

9.	POST BALANCE SHEET EVENTS

After the balance sheet date but before the financial statements were signed, dividends of £77,608 were voted.