ACCOUNTS - Final Accounts

An analysis of turnover by class of business is as follows:

Registered number: 10431326

BESPOKE FOODS HOLDING LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

BESPOKE FOODS HOLDING LIMITED

COMPANY INFORMATION

DIRECTORS	I J Affleck
	D Marsh
	Y Ihnatseu


REGISTERED NUMBER	10431326


REGISTERED OFFICE	Shannon Place
	Shannon Road
	Potton
	Bedfordshire
	SG19 2YH


INDEPENDENT AUDITORS	Barnes Roffe Audit Limited
	Chartered Accountants Statutory Auditor
	Leytonstone House
	3 Hanbury Drive
	London
	E11 1GA

BESPOKE FOODS HOLDING LIMITED

CONTENTS

	Page
Strategic report	1
Directors' report	2 - 3
Independent auditors' report	4 - 7
Statement of income and retained earnings	8
Balance sheet	9
Notes to the financial statements	10 - 20

BESPOKE FOODS HOLDING LIMITED

STRATEGIC REPORT

FOR THE PERIOD ENDED 28 DECEMBER 2025

BUSINESS REVIEW

The directors have considered the profit achieved on ordinary activities before taxation to be in line with expectations due to the principal activity of the company within the group.

At the year end the directors consider the company to be in a sound position for future trading.

PRINCIPAL RISKS AND UNCERTAINTIES

The directors do not consider there to be any principal risks and uncertainties in respect of the principal activity of the company.

FINANCIAL KEY PERFORMANCE INDICATORS

The business monitors performance through the KPI of profit before tax.

This report was approved by the board on 3 August 2026 and signed on its behalf.

I J Affleck

Director

Page 1

BESPOKE FOODS HOLDING LIMITED

DIRECTORS' REPORT

FOR THE PERIOD ENDED 28 DECEMBER 2025

The directors present their report and the financial statements for the period ended 28 December 2025.

DIRECTORS' RESPONSIBILITIES STATEMENT

The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

PRINCIPAL ACTIVITY

The principal activities of the Company are that of a holding Company and the provision of services for use by the subsidiary undertakings.

RESULTS AND DIVIDENDS

The profit for the period, after taxation, amounted to £7,859,513 (2024 - loss £406,312).

The directors do not recommend the payment of a final dividend.

DIRECTORS

The directors who served during the period were:

I J Affleck

D Marsh

Y Ihnatseu (appointed 26 June 2025)

Page 2

BESPOKE FOODS HOLDING LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE PERIOD ENDED 28 DECEMBER 2025

DISCLOSURE OF INFORMATION TO AUDITORS

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

AUDITORS

Under section 487(2) of the Companies Act 2006, Barnes Roffe Audit Limited will be deemed to have been reappointed as auditors 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

This report was approved by the board on 3 August 2026 and signed on its behalf.

I J Affleck

Director

Page 3

BESPOKE FOODS HOLDING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BESPOKE FOODS HOLDING LIMITED

OPINION

We have audited the financial statements of Bespoke Foods Holding Limited (the 'Company') for the period ended 28 December 2025, which comprise the Statement of income and retained earnings, the Balance sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 28 December 2025 and of its profit for the period then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 4

BESPOKE FOODS HOLDING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BESPOKE FOODS HOLDING LIMITED (CONTINUED)

OTHER INFORMATION

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic report and the Directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

RESPONSIBILITIES OF DIRECTORS

As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Page 5

BESPOKE FOODS HOLDING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BESPOKE FOODS HOLDING LIMITED (CONTINUED)

AUDITORS' RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

∙the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

∙we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the relevant sector, including Companies Act 2006;

∙we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

∙laws and regulations identified were communicated with the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the Company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

∙making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

∙considering the internal controls in place to mitigate risks of fraud and non- compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

∙reviewed the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations;

∙performed analytical procedures and tested journal entries to identify any unusual or unexpected relationships or transactions.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial statements, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Page 6

BESPOKE FOODS HOLDING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BESPOKE FOODS HOLDING LIMITED (CONTINUED)

USE OF OUR REPORT

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Gary Leonard (Senior statutory auditor)

for and on behalf of

Barnes Roffe Audit Limited

Chartered Accountants

Statutory Auditor

Leytonstone House

3 Hanbury Drive

London

E11 1GA

Date: 3 August 2026

Page 7

BESPOKE FOODS HOLDING LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE PERIOD ENDED 28 DECEMBER 2025

	2025	2024
Note	£	£


Turnover	4	335,643	418,997
Cost of sales		(1,751)	(55,397)
GROSS PROFIT		333,892	363,600
Administrative expenses		39,591	(176,901)
Exceptional item	10	7,556,631	-
OPERATING PROFIT		7,930,114	186,699
Interest payable and similar expenses	8	-	(696,158)
PROFIT/(LOSS) BEFORE TAX		7,930,114	(509,459)
Tax on profit/(loss)	9	(70,601)	103,147
PROFIT/(LOSS) AFTER TAX		7,859,513	(406,312)



Retained earnings at the beginning of the period	3,274,385	3,680,697
	3,274,385	3,680,697
Profit/(loss) for the period	7,859,513	(406,312)
RETAINED EARNINGS AT THE END OF THE PERIOD	11,133,898	3,274,385

There were no recognised gains and losses for 2025 or 2024 other than those included in the statement of income and retained earnings.

The notes on pages 10 to 20 form part of these financial statements.

Page 8

BESPOKE FOODS HOLDING LIMITED

REGISTERED NUMBER: 10431326

BALANCE SHEET

AS AT 28 DECEMBER 2025

		2025		2024
Note		£		£

FIXED ASSETS
Investments	11		17,148,331		17,148,331
CURRENT ASSETS
Debtors: amounts falling due within one year	12	997,750		1,068,351
Cash at bank and in hand	13	6,630		22,561
		1,004,380		1,090,912
Creditors: amounts falling due within one year	14	(4,709,563)		(12,655,608)
NET CURRENT LIABILITIES			(3,705,183)		(11,564,696)

NET ASSETS			13,443,148		5,583,635

CAPITAL AND RESERVES
Called up share capital	17	1,001	1,001
Share premium account	18	2,308,249	2,308,249
Profit And Loss Account	18	11,133,898	3,274,385
		13,443,148	5,583,635

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 August 2026.

I J Affleck

Director

The notes on pages 10 to 20 form part of these financial statements.

Page 9

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

1.	GENERAL INFORMATION

Bespoke Foods Holding Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Shannon Place, Shannon Road, Potton, Sandy, Bedfordshire, SG19 2YH.

The current financial statements have been prepared covering the period 1 January 2025 to 28 December 2025. The comparative period comprises the full year period 1 January 2024 to 31 December 2024.

2.ACCOUNTING POLICIES

2.1

FINANCIAL REPORTING STANDARD 102 - REDUCED DISCLOSURE EXEMPTIONS

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Bespoke Foods Group Limited as at 28 December 2025 and these financial statements may be obtained from Companies House.

2.2

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.3

GOING CONCERN

The financial statements have been prepared on a going concern basis based on forecasts prepared by the directors. In preparing those forecasts, the directors have taken into account the impact that the current economic climate may have on the business and the strategy adopted to mitigate the risks associated with this. The directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.

Page 10

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.4

EXEMPTION FROM PREPARING CONSOLIDATED FINANCIAL STATEMENTS

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

2.5

REVENUE

Revenue is measured at the fair value of consideration received or receivable and represents the amount receivable for services rendered.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.6

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

2.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.9

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and loans to related parties.

2.10

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.

Page 11

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.11

FINANCE COSTS

Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.12

EXCEPTIONAL ITEMS

The company classified certain one-off charges or credits that have a material impact on the Company's financial results as "exceptional items". These are disclosed separately to provide further understanding of the financial performance of the Company.

2.13

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.14

BORROWING COSTS

All borrowing costs are recognised in the Statement of income and retained earnings in the year in which they are incurred.

2.15

PROVISIONS 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 income and retained earnings 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 the Balance sheet.

Page 12

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.16

CURRENT AND DEFERRED TAXATION

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

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company's accounting policies, which are described in note 2, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Impairment of investment in subsidiaries
The Company reviews the financial performance of its subsidiaries on a year by year basis and assesses whether lower than expected performance indicates potential impairment which needs to be reflected through a dimunition in the carrying value of its investment.

Page 13

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

	Management charges	335,643	418,997

All turnover arose within the United Kingdom.

5.	Auditor's Remuneration

The company is a subsidiary included in the consolidated financial statements of its parent undertaking. In accordance with Regulation 6(3) of the Companies (Disclosure of Auditor Remuneration and Liability Limitation Agreements) Regulations 2008, the company is exempt from disclosing auditor remuneration, as this information is disclosed in the consolidated financial statements of the parent undertaking.

Wages and salaries	205,248	280,730
Social security costs	27,328	33,770
Cost of defined contribution scheme	3,798	4,955
	236,374	319,455

The average monthly number of employees, including the directors, during the period was as follows:

	2025	2024
	No.	No.

Directors	2	2
Staff	2	2

	4	4

Page 14

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

7.	DIRECTORS' REMUNERATION
		2025	2024
		£	£

Directors' emoluments	157,289	183,800
Company contributions to defined contribution pension schemes	2,593	2,642
	159,882	186,442

During the period retirement benefits were accruing to 2 directors (2024 - 2) in respect of defined contribution pension schemes.

8.	INTEREST PAYABLE AND SIMILAR CHARGES
		2025	2024
		£	£

Bank loan interest

696,158



TOTAL CURRENT TAX	-	-

DEFERRED TAX
Origination and reversal of timing differences	70,601	(103,147)
TOTAL DEFERRED TAX	70,601	(103,147)

TAX ON PROFIT/(LOSS)

70,601

(103,147)

Page 15

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

9.TAXATION (CONTINUED)

Profit/(loss) on ordinary activities before tax

7,930,114

(509,459)

Profit/(loss) on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	1,982,528	(127,365)
EFFECTS OF:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	183	-
Non-taxable income	(1,961,639)	(25,000)
Unrelieved tax losses carried forward	-	103,192
Other differences leading to an increase in the tax charge including a change in tax rates	-	(103,398)
Group relief	49,529	49,424
TOTAL TAX CHARGE FOR THE PERIOD/YEAR	70,601	(103,147)

FACTORS THAT MAY AFFECT FUTURE TAX CHARGES

There were no factors that may affect future tax charges.

10.	EXCEPTIONAL ITEMS

The exceptional item represents a bank loan of £7,556,631 which was forgiven by the lender as part of a group refinancing excerise.

Page 16

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

11.	FIXED ASSET INVESTMENTS

		Investments in subsidiary companies
		£
	COST
	At 29 December 2024	17,148,331
	At 28 December 2025	17,148,331

SUBSIDIARY UNDERTAKINGS
The following were subsidiary undertakings of the Company:
Name	Class of shares	Holding

York House Foods Limited	Ordinary	100%
York House (Meat Products) Limited*	Ordinary	100%
Fresh From Cornwall Limited*	Ordinary	100%

*These Companies are indirect subsidiaries of Bespoke Foods Holding Limited.

The registered office of the subsidiary undertakings is Shannon Place, Potton, Sandy, Bedfordshire, SG19 2YH. Fresh From Cornwall Limited ceased its trading activities in December 2025 as part of a group restructuring plan.

12.

DEBTORS

					2025	2024
					£	£


Amounts owed by group undertakings	790,000	790,000
Deferred taxation	207,750	278,351
	997,750	1,068,351

13.	CASH AND CASH EQUIVALENTS
		2025	2024
		£	£

	Cash at bank and in hand	6,630	22,561

Page 17

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Bank loans	-	7,557,466
Amounts owed to group undertakings	4,652,256	4,764,610
Other taxation and social security	56,576	34,367
Other creditors	731	-
Accruals and deferred income	-	299,165
	4,709,563	12,655,608

AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans	-	7,557,466



	-	7,557,466

The bank loans in 2024 were secured on the assets of the Company's subsidiaries.

Page 18

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

16.	DEFERRED TAXATION

		2025
		£

	At beginning of period	278,351
	Charged to profit or loss	(70,601)
	AT END OF PERIOD	207,750

The deferred tax asset is made up as follows:
	2025	2024
	£	£

	Tax losses carried forward	207,750	278,351
		207,750	278,351

17.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

1,001 (2024 - 1,001) Ordinary shares of £1.00 each	1,001	1,001

18.

RESERVES

Share premium account

The share premium account consists of the premium that arises from the issue of equity shares.

Profit and loss account

The profit and loss account represents cumulative profits and losses net of dividends and other adjustments.

19.	CONTINGENT LIABILITIES

The Company has guaranteed borrowings of group companies totalling £9,180,393 at year end (2024 - £2,000,000).

Page 19

BESPOKE FOODS HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

20.	PENSION COMMITMENTS

The Company operates money purchase schemes in respect of the directors and employees. The assets of the schemes are held separately from those of the company in independently administered funds. Contributions payable to the funds at the year end and included in creditors amount to £731 (2024 - £Nil).

21.	CONTROLLING PARTY

The immediate and ultimate parent undertaking and controlling party is Bespoke Foods Group Limited, a company incorporated in England and Wales whose registered office is Shannon Place, Shannon Road, Potton, Sandy, Bedfordshire, SG19 2YH. The consolidated financial statements of this company are available to the public and can be obtained from Companies House.

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