River Cottage Partnerships Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 7

River Cottage Partnerships Ltd

(Registration number: 04736945)
Statement of Financial Position as at 29 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	-
Tangible assets	5	-	-
		-	-
Current assets
Debtors	6	1,318,954	1,335,547
Cash at bank and in hand		3,183	41,561
		1,322,137	1,377,108
Creditors: Amounts falling due within one year	7	(931,798)	(998,477)
Net current assets		390,339	378,631
Net assets		390,339	378,631
Capital and reserves
Called up share capital	8	232	232
Share premium reserve		328,912	328,912
Profit and loss account		61,195	49,487
Shareholders' funds		390,339	378,631

For the financial year ending 29 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 29 July 2026 and signed on its behalf by:
 

Mr S Dodd Director

River Cottage Partnerships Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 September 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:
Park Farm
Trinity Hill Road
Axminster
Devon
EX13 8TB

Principal activity

The principal activity of the company is that of franchising, brand licensing and book production.

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.

The financial statements are prepared in sterling which is the functional currency of the entity.

River Cottage Partnerships Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025 (continued)

2	Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

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 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.

Tangible assets

Tangible assets are stated in the statement of financial position 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
Office equipment	25% straight line basis

River Cottage Partnerships Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025 (continued)

2	Accounting policies (continued)

Impairment

A review for 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 reversal at each reporting date.

Intangible assets

Website costs are stated in the balance sheet at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

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
Website	25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, 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. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

River Cottage Partnerships Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025 (continued)

4	Intangible assets

	Website costs £	Total £
Cost or valuation
At 30 September 2024	184,300	184,300
At 29 September 2025	184,300	184,300
Amortisation
At 30 September 2024	184,300	184,300
At 29 September 2025	184,300	184,300
Carrying amount
At 29 September 2025	-	-

5	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 30 September 2024	12,124	12,124
At 29 September 2025	12,124	12,124
Depreciation
At 30 September 2024	12,124	12,124
At 29 September 2025	12,124	12,124
Carrying amount
At 29 September 2025	-	-

River Cottage Partnerships Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025 (continued)

6

Debtors

		2025 £	2024 £
Trade debtors		7,364	20,012
Amounts due from group undertakings	11	1,288,025	1,288,025
Other debtors		1,551	35
Prepayments		22,014	27,475
		1,318,954	1,335,547

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	12,034	3,290
Amounts owed to group undertakings	816,652	869,207
Taxation and social security	-	3,561
Accruals and deferred income	3,023	22,329
Other creditors	100,089	100,090
	931,798	998,477

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £0.20 each	1,162	232.40	1,162	232.40

9

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

River Cottage Partnerships Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025 (continued)

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the statement of financial position

The total amount of guarantees not included in the statement of financial position is £200,000 (2024 - £200,000). The company is a guarantor to a limit of £200,000 for bank borrowings in its fellow subsidiary River Cottage Limited.

11	Related party transactions

Transactions with directors

2025	At 30 September 2024 £	At 29 September 2025 £
Mr H C E Fearnley-Whittingstall
Loan	(20,089)	(20,089)

2024	At 30 September 2023 £	At 29 September 2024 £
Mr H C E Fearnley-Whittingstall
Loan	(20,089)	(20,089)

12	Parent and ultimate parent undertaking

The company's immediate parent is River Cottage Holdings Limited, incorporated in England and Wales.

 

13 Earnings before interest, taxes, depreciation and amortisation

The company's EBITDA is £11,708 (2024: £11,278).
 

13	Non adjusting events after the financial period

Subsequent to the year end, the company completed a significant debt restructuring as part of its financing arrangements. This represents a major post-balance sheet event and has resulted in changes to the company's debt profile and funding structure. The financial impact of the restructuring will be reflected in the financial statements for the subsequent reporting period, where applicable.