REGISTERED NUMBER: 08428983 (England and Wales)

Financial Statements

For The Year Ended 31 December 2025

for

The Ramsbury Brewing and Distilling

Company Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

5

7,301

9,878

Tangible assets

6

1,126,955

1,201,025

1,134,256

1,210,903

CURRENT ASSETS

Stocks

786,505

731,319

Debtors

7

359,662

495,716

Cash at bank and in hand

264,539

621,820

1,410,706

1,848,855

CREDITORS

Amounts falling due within one year

8

5,254,907

3,085,470

NET CURRENT LIABILITIES

(3,844,201

)

(1,236,615

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,709,945

)

(25,712

)

CAPITAL AND RESERVES

Called up share capital

22,500,100

22,500,100

Retained earnings

(25,210,045

)

(22,525,812

)

SHAREHOLDERS' FUNDS

(2,709,945

)

(25,712

)

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 13 August 2026 and were signed by:

C S E Persson - Director

1.	STATUTORY INFORMATION

The Ramsbury Brewing and Distilling Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08428983

Registered office:

The Estate Office

Priory Farm

Axford

Marlborough

Wiltshire

SN8 2HA

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.

Critical accounting judgements and key sources of estimation uncertainty

There are no critical accounting estimates. However the useful economic lives of tangible fixed assets, their residual values and the impairment reviews is a significant area requiring management judgement. The judgements, estimates and associated assumptions necessary to calculate these provisions are based on historical experience and other relevant factors.

Turnover

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

Sales of beers and spirits and other goods are recognised upon delivery of goods to customer. Other income from tours, conferences and events are recognised on the date of the relevant event as this is when the service is provided. This is the case even where non refundable deposits are received in advance, these amounts are shown as creditors until the date of the event and then subsequently recognised as income.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost, 20% on reducing balance and 2% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow moving stock where appropriate

Financial instruments

Financial assets, are initially measured at transaction price (including transaction costs) and subsequently held at cost, less any impairment.

Financial liabilities and equity are classified according to the substance of the financial instrument’s contractual obligations, rather than the financial instrument’s legal form. Financial liabilities excluding convertible debt and derivatives, are initially measured at transaction price (after deducting transaction costs) and subsequently held at amortised cost.

The redeemable preference shares are recognised as equity at the transaction price including any transaction costs. These preference shares are not redeemable by the shareholder and are only redeemable at the issuers discretion. Dividends are discretionary so the entity has no obligation to deliver cash or other financial asset and is therefore reflected as an equity instrument

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

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 work in progress.

The cost of any 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 of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 30 ) .

4.	AUDITORS' REMUNERATION

31.12.25

31.12.24

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

15,750

15,000

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

12,885

AMORTISATION

At 1 January 2025

3,007

Charge for year

2,577

At 31 December 2025

5,584

NET BOOK VALUE

At 31 December 2025

7,301

At 31 December 2024

9,878

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

2,885,371

Additions

66,357

Disposals

(10,801

)

At 31 December 2025

2,940,927

DEPRECIATION

At 1 January 2025

1,684,346

Charge for year

139,450

Eliminated on disposal

(9,824

)

At 31 December 2025

1,813,972

NET BOOK VALUE

At 31 December 2025

1,126,955

At 31 December 2024

1,201,025

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

264,608

345,071

Other debtors

95,054

150,645

359,662

495,716

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

678,742

454,208

Taxation and social security

28,698

19,283

Other creditors

4,547,467

2,611,979

5,254,907

3,085,470

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Groves (Senior Statutory Auditor)

for and on behalf of TC Group

10.	RELATED PARTY DISCLOSURES

The company sold goods to the director during the year totalling £6,589 (2024: £53).

As at 31 December 2025, Ramsbury SARL a company with a mutual director was owed a total of £216,000 (2024: £120,000). The company rented property from Ramsbury SARL for £80,000 (2024: £80,000) and made sales of £68 (2024: £nil).

As at 31 December 2025, Ramsbury Estates Limited a company with a mutual director was owed £243,627 (2024: £93,342). The company sold goods and services of £36,303 (2024: £42,718) to Ramsbury Estates Limited. Ramsbury Estates Limited owed the company £28,031(2024: £25,806). The company made purchases from Ramsbury Estates Limited of £139,495 (2024: £106,918) for goods, services, hospitality events, pension and management charges.

11.	GOING CONCERN

The company has net liabilities as a result of trading losses relating to set up, development and ongoing marketing strategy costs. To support the company, loans have been received from the director to finance these costs. This party has agreed to continue to support the company for the foreseeable future despite continuing expected losses. The brewery is fully operational and trading is expected to continue to improve.

With the agreement of the related parties to continue to support the company the going concern basis is still considered appropriate.