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REGISTERED NUMBER: 12985305 (England and Wales)















Audited Financial Statements for the Year Ended 31 March 2024

for

James & Sons Distilleries UK Ltd

James & Sons Distilleries UK Ltd (Registered number: 12985305)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


James & Sons Distilleries UK Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R Sidhiya





SECRETARY:





REGISTERED OFFICE: 453 Cranbrook Road
Ilford
Essex
IG2 6EW





REGISTERED NUMBER: 12985305 (England and Wales)





AUDITORS: Nielsens
Statutory Auditors
The Gatehouse
453 Cranbrook Road
Ilford
Essex
IG2 6EW

James & Sons Distilleries UK Ltd (Registered number: 12985305)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 2,400 2,700

CURRENT ASSETS
Debtors 20,341 8,037
Cash at bank 1,013 162
21,354 8,199
CREDITORS
Amounts falling due within one year 15,756 5,880
NET CURRENT ASSETS 5,598 2,319
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,998

5,019

CAPITAL AND RESERVES
Called up share capital 6 10,000 10,000
Retained earnings (2,002 ) (4,981 )
SHAREHOLDERS' FUNDS 7,998 5,019

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2024 and were signed by:





R Sidhiya - Director


James & Sons Distilleries UK Ltd (Registered number: 12985305)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

James & Sons Distilleries 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 financial statements have been prepared on a going concern basis on the assumption that the company will receive continued financial support from the ultimate parent company.

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

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

Licences are being amortised evenly over their estimated useful life of ten years.

Licenses
Licenses will be written off over 10 years, once revenue streams are established.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2023 - 1 ) .

James & Sons Distilleries UK Ltd (Registered number: 12985305)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. AUDITORS' REMUNERATION
31.3.24 31.3.23
£    £   
Fees payable to the company's auditors for the audit of the company's
financial statements

1,250

1,000

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 3,000
AMORTISATION
At 1 April 2023 300
Amortisation for year 300
At 31 March 2024 600
NET BOOK VALUE

At 31 March 2024 2,400
At 31 March 2023 2,700

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
10,000 Ordinary £1.00 10,000 10,000

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

The Report of the Auditors was unqualified.

Mr Dipakkumar Shah FCA (Senior Statutory Auditor)
for and on behalf of Nielsens

8. RELATED PARTY DISCLOSURES

1) Cost of sales includes following intra-group costs:

a) £69,481 for purchases.
b) £60,522 for commissions paid.

2) Creditors include ££13,506 owed to group companies.

3) Debtors include £8,037 owed by a group company, which has now been paid.

4) The parent company is Revolutionary Brands Limited (incorporated in India) and consolidated accounts may be obtained from the director).

James & Sons Distilleries UK Ltd (Registered number: 12985305)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is James And Sons Distilleries Ltd(inc. in India-Co No.PLC343840).

The ultimate controlling party is K B Patel.