REGISTERED NUMBER: 12205741 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

International Spice & Food Import UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J O De Pelsmaeker

TSF Holdings BV

SECRETARY:

MY UK OFFICE LIMITED

REGISTERED OFFICE:

Westwood House

South Cave

East Yorkshire

HU15 2HG

REGISTERED NUMBER:

12205741 (England and Wales)

AUDITORS:

Try Lunn & Co

Chartered Accountants

and Statutory Auditors

Roland House

Princes Dock Street

HULL HU1 2LD

FIXED ASSETS

Tangible assets

4

5,954

-

CURRENT ASSETS

Stocks

359,597

363,940

Debtors

5

2,313,478

4,134,156

Cash at bank

223,273

192,662

2,896,348

4,690,758

CREDITORS

Amounts falling due within one year

6

2,536,098

1,973,014

NET CURRENT ASSETS

360,250

2,717,744

TOTAL ASSETS LESS CURRENT LIABILITIES

366,204

2,717,744

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

366,104

2,717,644

SHAREHOLDERS' FUNDS

366,204

2,717,744

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 30 June 2026 and were signed on its behalf by:

J O De Pelsmaeker - Director

1.	STATUTORY INFORMATION

International Spice & Food Import UK Ltd 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.

The company is dependent on the continued operational support of The Spice Factory SA, their immediate parent company. The Directors of The Spice Factory SA have agreed to provide continued operational support to ensure the company will be able to trade as a going concern for the foreseeable future.

The accounts have therefore been prepared on the going concern basis.

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 goods are recognised on despatch of the goods in accordance with the company's terms of sale.

Tangible fixed assets

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

Plant and machinery - 30% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

6,817

At 31 December 2025

6,817

DEPRECIATION

Charge for year

863

At 31 December 2025

863

NET BOOK VALUE

At 31 December 2025

5,954

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,410,812

1,378,491

Amounts owed by group undertakings

886,616

2,739,822

Other debtors

16,050

15,843

2,313,478

4,134,156

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

49,684

134,622

Amounts owed to group undertakings

159,763

573,706

Taxation and social security

48,138

304,609

Other creditors

2,278,513

960,077

2,536,098

1,973,014

Included within Other creditors is an amount due to invoice discounting advances.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2025

2,717,644

Profit for the year

148,460

Dividends

(2,500,000

)

At 31 December 2025

366,104

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

The Report of the Auditors was unqualified.

Simon Moss FCCA (Senior Statutory Auditor)

for and on behalf of Try Lunn & Co

10.	CONTINGENT LIABILITIES

KBC Bank NV holds a fixed and floating charge over the company's assets in respect of the Group's borrowings.

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY