These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Beanies The Flavour Co. Ltd. is a private company limited by shares incorporated in England and Wales. The registered office is Faverdale North, Darlington, Co Durham, DL3 0PH.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

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 subsidiaries within the group or those concluded under normal market conditions.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

In assessing the appropriateness of the going concern basis, the directors have considered the Company's financial position, its expected trading performance and cash flow requirements for a period of at least 12 months from the date of approval of these financial statements.

The Company continues to operate with the financial and operational support of its shareholders and the wider Group. The shareholders have demonstrated their continued commitment to the Company through significant additional equity funding during the year. On 24 February 2025, a Share Capital Increase of £180,000 was completed, followed by a further Share Capital Increase of £488,522 on 11 June 2025. In aggregate, the shareholders provided £668,522 of additional equity funding during 2025, strengthening the Company's capital base and providing additional liquidity to support its operations.

In addition to the support provided by the shareholders, the Company continues to benefit from the financial support of its ultimate parent company, Cafetex S.A., and the wider Group. Cafetex S.A. has confirmed its intention to continue providing such financial support as may be required to enable the Company to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements. Such support may include the provision of additional funding and the continued management of the timing of settlement of amounts due to Group companies, where appropriate.

In reaching their conclusion, the directors have considered the financial resources available to the wider Group, the significant financial support already provided by the shareholders and the continued commitment of Cafetex S.A. to the Company. The directors are satisfied that Cafetex S.A. has both the intention and the financial capacity to provide the necessary support throughout the going concern assessment period.

Accordingly, having considered the Company's forecasts together with the financial support already demonstrated by its shareholders and the ongoing support available from Cafetex S.A. and the wider Group, the directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing these financial statements.

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

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have been transferred to them.

Goodwill, being the amount paid in connection with the acquistion of a business in 2014, has been amortised evenly over its useful life.

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

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

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses, with the exception of plant and machinery which is periodically revalued and accounted for using the revaluation model.

Plant and machinery was last valued on an open market basis by James Mae Projects Ltd at 21 September 2023 and the directors are of the opinion that the value has not changed since, except subsequent depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under finance lease, over the term, whichever is the shorter.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks have been valued at the lower of cost and estimated selling price less costs to sell.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

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 fixed assets.

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.

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.

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

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 profit.

Invoice financing

The invoice financing represents amounts received in respect of debts. The invoice financing is without recourse therefore the balance has been set off against the financed debts. Interest and other charges relating to invoice financing are recognised in the profit and loss account over the relevant period.

The average monthly number of persons (including directors) employed by the company during the year was:

If Plant and machinery had not been revalued they would have been included at the historical cost, Cost 2025 £584,214 (2024: £584,214) Aggregate depreciation 2025 £516,035 (2024 £492,292).

Plant and machinery were valued on a fair value basis 21 September 2023 by James Mae Projects Ltd.

The directors do not believe that the fair value has changed since, except for the depreciation changes as per the accounting policy.

The invoice financing facility is without recourse and therefore a netting off has been performed against trade debtors in the current and prior year.

Trade debtors is made up of:

Net trade debtors at 31 December 2025 amounted to £529,438 (2024: £227,633), comprising gross trade debtors of £770,646 (2024: £574,400) less invoice financing liabilities of £241,208 (2024: £346,767).

Loans and bank overdrafts are secured by a way of first fixed and floating charge.

Loans and bank overdrafts are secured by a way of first fixed and floating charge.

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

The deferred tax asset reflects tax losses carried forward into future periods.

Management believe it is highly probable that losses will be utilised in future periods as a result of signed contracts increasing revenue as well as newly signed supplier agreements cutting production costs, however they have discounted the full value of the losses and deferred tax asset calculation to take account of any uncertainty in respect of profitability in the foreseeable future.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year 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.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

Beanies The Flavour Co Limited is a wholly owned subsidiary of

The ultimate controlling party is Cafetex Societe Anonyme, a company registered in Greece whose registered office address is Agiou Louka Str.19002, Paiania, Greece.