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REGISTERED NUMBER: SC371141 (Scotland)















ILLICIT STILL PRODUCTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JULY 2024






ILLICIT STILL PRODUCTIONS LIMITED (REGISTERED NUMBER: SC371141)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ILLICIT STILL PRODUCTIONS LIMITED

COMPANY INFORMATION
For The Year Ended 30 July 2024







DIRECTOR: K A MacDonald





REGISTERED OFFICE: 16 Royal Crescent
Glasgow
G3 7SL





REGISTERED NUMBER: SC371141 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

ILLICIT STILL PRODUCTIONS LIMITED (REGISTERED NUMBER: SC371141)

BALANCE SHEET
30 July 2024

30.7.24 30.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 12,693 14,506

CURRENT ASSETS
Debtors 5 15,123 174
Cash at bank 35,764 41,978
50,887 42,152
CREDITORS
Amounts falling due within one year 6 23,689 29,228
NET CURRENT ASSETS 27,198 12,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,891

27,430

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39,791 27,330
SHAREHOLDERS' FUNDS 39,891 27,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

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

The financial statements were approved by the director and authorised for issue on 23 April 2025 and were signed by:





K A MacDonald - Director


ILLICIT STILL PRODUCTIONS LIMITED (REGISTERED NUMBER: SC371141)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 July 2024


1. STATUTORY INFORMATION

Illicit Still Productions Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover comprises income from events in the year, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Taxation
Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 July 2023
and 30 July 2024 18,132
AMORTISATION
At 31 July 2023 3,626
Charge for year 1,813
At 30 July 2024 5,439
NET BOOK VALUE
At 30 July 2024 12,693
At 30 July 2023 14,506

ILLICIT STILL PRODUCTIONS LIMITED (REGISTERED NUMBER: SC371141)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 July 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.24 30.7.23
£    £   
Trade debtors 13,481 -
Other debtors 1,538 70
Tax recoverable 104 104
15,123 174

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.24 30.7.23
£    £   
Trade creditors 7,238 -
Director's loan account 6,378 23,374
Taxation and social security 7,191 4,954
Other creditors 2,882 900
23,689 29,228

7. RELATED PARTY DISCLOSURES

At 30 July 2024 the company's director had provided the company with an interest free loan of £6,378 (2023, £23,374). There are no fixed repayment terms for this loan.