The Dram London Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14706804

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,056		12,989
Tangible Assets	5		319,525		338,562

			331,581		351,551
CURRENT ASSETS
Stocks	6	28,364		51,673
Debtors	7	189,388		113,089
Cash at bank and in hand		5,119		10,972

		222,871		175,734
Creditors: Amounts Falling Due Within One Year	8	(377,685 )		(272,754 )

NET CURRENT ASSETS (LIABILITIES)			(154,814 )		(97,020 )

TOTAL ASSETS LESS CURRENT LIABILITIES			176,767		254,531

Creditors: Amounts Falling Due After More Than One Year	9		(526,460 )		(389,931 )

NET LIABILITIES			(349,693 )		(135,400 )

CAPITAL AND RESERVES
Called up share capital	10		123		119
Share premium account			304,877		274,881
Profit and Loss Account			(654,693 )		(410,400 )

SHAREHOLDERS' FUNDS			(349,693)		(135,400)

Page 1

Page 2

The Dram London Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Martyn Simpson

Director

28/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Dram London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14706804 . The registered office is 25c Westbourne Terrace Road, London, W2 6NF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have not been prepared on a going concern basis. Following the decision of the directors to wind up the company in the summer of 2026,, the management has determined that the company no longer has the intention or a realistic alternative to continue trading

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are branding and website infrastructure. It is amortised to profit and loss account over its estimated economic life of 15 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	15 years straight line
Plant & Machinery	5 years straight line
Fixtures & Fittings	5 years straight line
Computer Equipment	5 years straight line

2.6. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 11)

Page 3

Page 4

The Dram London Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	14,000

As at 31 December 2025	14,000

Amortisation
As at 1 January 2025	1,011
Provided during the period	933

As at 31 December 2025	1,944

Net Book Value
As at 31 December 2025	12,056

As at 1 January 2025	12,989

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	334,908	2,276	27,590	807	365,581
Additions	2,984	2,087	4,549	-	9,620

As at 31 December 2025	337,892	4,363	32,139	807	375,201

Depreciation
As at 1 January 2025	20,697	4	6,013	305	27,019
Provided during the period	21,841	816	5,732	268	28,657

As at 31 December 2025	42,538	820	11,745	573	55,676

Net Book Value
As at 31 December 2025	295,354	3,543	20,394	234	319,525

As at 1 January 2025	314,211	2,272	21,577	502	338,562

6. Stocks

	2025	2024
	£	£
Stock	28,364	51,673

Page 4

Page 5

The Dram London Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,876	1,485
Amounts owed by group undertakings	99,746	18,646
Other debtors	37,586	44,958

	141,208	65,089
Due after more than one year
Other debtors	48,180	48,000

	189,388	113,089

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	74,444	29,539
Other loans	30,000	30,000
Amounts owed to group undertakings	(13,125 )	34,265
Other creditors	147,449	108,935
Taxation and social security	138,917	70,015

	377,685	272,754

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	400,403	256,203
Other creditors	126,057	133,728

	526,460	389,931

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	123	119

Page 5