Registration number: 03297840

Vranken Pommery UK Ltd.

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 10

Vranken Pommery UK Ltd.

Company Information

Directors

Paul-Francois Vranken Nathalie Vranken Cyrille Laupie Sarah Hicks Julien Lonneux

Registered office

128 Buckingham Palace Road London SW1W 9SA

Bankers

HSBC UK Bank plc 1-3 Bishopsgate London EC2N 3AQ

Auditors

Carbon Accountancy Limited Chartered Accountants and Statutory Auditor 80-83 Long Lane London EC1A 9ET

Vranken Pommery UK Ltd.

(Registration number: 03297840)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	196,082	224,094
Tangible assets	5	2,807	1,778
		198,889	225,872
Current assets
Stocks	6	4,753,733	4,809,544
Debtors	7	2,070,631	2,367,212
Cash at bank and in hand		907,899	610,352
		7,732,263	7,787,108
Creditors: Amounts falling due within one year	8	(4,593,788)	(5,261,277)
Net current assets		3,138,475	2,525,831
Net assets		3,337,364	2,751,703
Capital and reserves
Called up share capital	9	2,700,000	2,700,000
Retained earnings		637,364	51,703
Shareholders' funds		3,337,364	2,751,703

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 July 2026 and signed on its behalf by:
 

......................................... Nathalie Vranken Director

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
128 Buckingham Palace Road
London
SW1W 9SA

These financial statements were authorised for issue by the Board on 27 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. 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 £.

Going concern

Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors confirm that they consider that the going concern basis remains appropriate.

The directors have assessed the company's ability to continue as a going concern by considering its financial position, performance, and future strategic plans. The company's strategy is focused on achieving sustainable profitability through growth in sales volume, disciplined investment, and prudent financial management.

Revenue recognition

Turnover from the wholesale supply of champagne and other wine products is recognised at the point of dispatch to the customer and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. All turnover relates to UK sales of goods.

Other income

Other income represents group advertising support, senior management cost recoveries and the company's share of French agricultural subsidies receivable by the parent company and is recognised in the profit and loss account on an accruals basis provided that the economic benefits are probable, and the amount can be measured reliably.

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

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

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 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Short leasehold	equal instalments over period of lease
Fixtures, fittings & equipment	33% on cost

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Intangible assets

Intangible assets including patents, licences and trademarks, with expected useful life being the shorter of the duration of the legal agreement and economic useful life, which can range from five to twenty years.

The expected useful lives of assets are reviewed on an annual basis and, if necessary, changes in useful lives are accounted for prospectively.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Loss of agency rights	over 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

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

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price and the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

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.

Financial instruments

Classification
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statemen ts, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 Recognition and measurement
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 8).

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

4	Intangible assets

	Agency related compensation £	Total £
Cost or valuation
At 1 January 2025	560,236	560,236
At 31 December 2025	560,236	560,236
Amortisation
At 1 January 2025	336,142	336,142
Amortisation charge	28,012	28,012
At 31 December 2025	364,154	364,154
Carrying amount
At 31 December 2025	196,082	196,082
At 31 December 2024	224,094	224,094

5	Tangible assets

	Short leasehold premises £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	98,088	66,257	164,345
Additions	-	3,875	3,875
At 31 December 2025	98,088	70,132	168,220
Depreciation
At 1 January 2025	98,088	64,479	162,567
Charge for the year	-	2,846	2,846
At 31 December 2025	98,088	67,325	165,413
Carrying amount
At 31 December 2025	-	2,807	2,807
At 31 December 2024	-	1,778	1,778

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of improvements to short leasehold premises.
 

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	4,753,733	4,809,544

7

Debtors

Current	2025 £	2024 £
Trade debtors	1,939,630	2,190,864
Prepayments	40,025	75,264
Other debtors	90,976	101,084
	2,070,631	2,367,212

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		300,155	200,412
Amounts owed to group undertakings and undertakings in which the company has a participating interest	11	2,946,057	3,701,337
Taxation and social security		403,687	411,021
Accruals and deferred income		931,014	945,154
Other creditors		12,875	3,353
		4,593,788	5,261,277

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2,700,000	2,700,000	2,700,000	2,700,000

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

10	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	72,055	72,055
Later than one year and not later than five years	54,041	126,096
	126,096	198,151

The amount of operating lease payments recognised as an expense during the year was £62,370 (2024 - £62,144).

11	Related party transactions

During the period the company had the following transactions with fellow Vranken Pommery Monopole SA group companies:

Sales of goods - £Nil (2024 - £330,707)
Sales of services - £2,175,521 (2024 - £1,450,876)
Purchases of goods - £4,492,731 (2024 - £4,607,854)
Purchases of services - £241,505 (2024 - £231,041)

Group trade related payables - £4,981,949 (2024 - £6,517,120)
Group trade related receivables - £1,638,325 (2024 - £2,424,349)
Group accrued income - £638,035 (2024 - £609,363)
Group accruals - £240,468 (2024 - £217,929)

Net payable to group companies at the balance sheet date was £2,946,057 (2024 - £3,701,337)
 

12	Parent and ultimate parent undertaking

The company's immediate parent is Maison Pommery & Associés SA (formerly Vranken Pommery Monopole SA), incorporated in France.

 The most senior parent entity producing publicly available financial statements is Maison Pommery & Associés SA. These financial statements are available upon request from the company's registered office at 5 Place du Général Gouraud, 51100 Reims, France.

 

Vranken Pommery UK Ltd.

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Notes to the Financial Statements (continued)

13	Auditor information

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 Independent Auditor's Report was unqualified .

The name of the Senior Statutory Auditor who signed the audit report on 27 July 2026 was John Leyden FCA , who signed for and on behalf of Carbon Accountancy Limited.

.........................................