REGISTERED NUMBER: 05488639 (England and Wales)

THE VINORIUM LIMITED

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

S W McCloskey

REGISTERED OFFICE:

Unit 14

The Glenmore Centre

Moat Way

Ashford

Kent

TN24 0TL

REGISTERED NUMBER:

05488639 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

The director presents his report with the financial statements of the company for the year ended 31 December 2025.

DIRECTOR

S W McCloskey held office during the whole of the period from 1 January 2025 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S W McCloskey - Director

22 July 2026

FIXED ASSETS

Tangible assets

4

527,298

528,103

CURRENT ASSETS

Stocks

5

1,179,648

663,192

Debtors

6

243,260

193,073

Cash at bank and in hand

62,360

62,441

1,485,268

918,706

CREDITORS

Amounts falling due within one year

7

512,900

430,429

NET CURRENT ASSETS

972,368

488,277

TOTAL ASSETS LESS CURRENT LIABILITIES

1,499,666

1,016,380

CREDITORS

Amounts falling due after more than one year

8

777,815

293,854

NET ASSETS

721,851

722,526

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

721,850

722,525

721,851

722,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 July 2026 and were signed by:

S W McCloskey - Director

1.	STATUTORY INFORMATION

The Vinorium 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Sale of Goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;

- the Company retains neither continuing managerial involvement to the degree usually associated with the ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the transactional and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

The company makes sales through En Primeur campaigns and recognises turnover when the wines are available for delivery. The income from En Primeur campaigns are carried forward as deferred income with the cost of En Primeur wine carried forward as prepayments with both being released to the income statement at the point of revenue recognition as above.

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

-

nil

Plant and machinery

-

33% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern

The Director believes, after reviewing the company's forecasts, that it can continue to adopt a going concern basis whilst preparing the financial statements.

The company has a reasonable expectation that it will remain operational for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Fixture &

Computer

property

machinery

Fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

525,000

14,472

287,755

57,028

884,255

DEPRECIATION

At 1 January 2025

-

14,102

286,354

55,696

356,152

Charge for year

-

122

350

333

805

At 31 December 2025

-

14,224

286,704

56,029

356,957

NET BOOK VALUE

At 31 December 2025

525,000

248

1,051

999

527,298

At 31 December 2024

525,000

370

1,401

1,332

528,103

5.

STOCKS

2025

2024

£

£

Stocks

1,179,648

663,192

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,181

7,396

Other debtors

232,079

185,677

243,260

193,073

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,639

22,264

Trade creditors

119,241

268,789

Taxation and social security

28,223

7,257

Other creditors

342,797

132,119

512,900

430,429

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

294,778

293,854

Other creditors

483,037

-

777,815

293,854

Amounts falling due in more than five years:

Repayable by instalments

Mortgage more 5 yr

198,467

197,543

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgage

316,581

315,657

There is a mortgage charge placed over the company 's freehold property (Burscombe Grain Store).

The company also has an outstanding debenture, relating to the development of the new headquarters & warehouse.

10.	INVESTOR LOANS

The company operates investor loans whereby investors are able to lend to the company for purchases of wine stock for a specified duration. The investment is recorded as an investor loan and shown within creditors. When the term of the investment ends, the investment and a contractual return on the investment is repaid. The return on the investment is accrued by the company each year for each investment held and is shown as interest payable.

11.	PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,326 (2024 - £3,072). Contributions totalling £566 (2024 - £546) were payable to the fund at the balance sheet date and are included in creditors.