Registration number: 10582075

Romeo Whisky Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Romeo Whisky Limited

(Registration number: 10582075)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	21,677	20,128
Tangible assets	5	23,807	26,682
Investment property	6	1,044,004	1,044,004
		1,089,488	1,090,814
Current assets
Debtors	7	10,912	9,973
Cash at bank and in hand		41,095	8,250
		52,007	18,223
Creditors: Amounts falling due within one year	8	(49,234)	(21,289)
Net current assets/(liabilities)		2,773	(3,066)
Net assets		1,092,261	1,087,748
Capital and reserves
Called up share capital		12,000	12,000
Share premium reserve		1,188,000	1,188,000
Retained earnings		(107,739)	(112,252)
Shareholders' funds		1,092,261	1,087,748

Romeo Whisky Limited

(Registration number: 10582075)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 28 October 2026 and signed on its behalf by:
 

......................................... Ms Emma Carter Company secretary and director

Romeo Whisky Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

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

The address of its registered office is:
Norrells
Batchmere Road
Batchmere
West Sussex
PO20 7LJ

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 Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Office equipment	25% reducing balance basis
Aircraft	10% - 20% reducing balance basis
Aircraft equipment	10% reducing balance basis

Investment property

Investment property is carried at directors' valuation. The valuation is reviewed annually by the directors.

Development costs

Development costs relating to the development of new service lines are capitalised when these costs constitute a separately defined project which will be revenue generating.

Romeo Whisky Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

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
Development costs	4% - reducing balance

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.

Debtors

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Romeo Whisky Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 February 2025	23,177	23,177
Additions acquired separately	2,389	2,389
At 31 January 2026	25,566	25,566
Amortisation
At 1 February 2025	3,049	3,049
Amortisation charge	840	840
At 31 January 2026	3,889	3,889
Carrying amount
At 31 January 2026	21,677	21,677
At 31 January 2025	20,128	20,128

The intangible asset relates to the creation of a training programme for commercial pilots

Romeo Whisky Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

5	Tangible assets

	Plant and machinery £	Office equipment £	Other tangible assets  £	Total £
Cost or valuation
At 1 February 2025	2,603	5,040	58,626	66,269
Additions	-	-	3,250	3,250
At 31 January 2026	2,603	5,040	61,876	69,519
Depreciation
At 1 February 2025	1,263	3,406	34,918	39,587
Charge for the year	139	761	5,225	6,125
At 31 January 2026	1,402	4,167	40,143	45,712
Carrying amount
At 31 January 2026	1,201	873	21,733	23,807
At 31 January 2025	1,340	1,634	23,708	26,682

6	Investment properties

	2026 £
At 1 February	1,044,004
At 31 January	1,044,004

There has been no valuation of investment property by an independent valuer.

7

Debtors

Current	2026 £	2025 £
Other debtors	10,912	9,973
	10,912	9,973

Romeo Whisky Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	481	76
Other creditors	48,753	21,213
	49,234	21,289