Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Active Infrastructures S.L. 03/05/2023 Mrs S D Lang 03/05/2023 Mr S D Lang 30/09/2022 02 June 2025 The principal activity of the Company during the financial period was that of constructing a distillery. SC745908 2024-12-31 SC745908 bus:Director1 2024-12-31 SC745908 bus:Director2 2024-12-31 SC745908 bus:Director3 2024-12-31 SC745908 2023-12-31 SC745908 core:CurrentFinancialInstruments 2024-12-31 SC745908 core:CurrentFinancialInstruments 2023-12-31 SC745908 core:Non-currentFinancialInstruments 2024-12-31 SC745908 core:Non-currentFinancialInstruments 2023-12-31 SC745908 core:ShareCapital 2024-12-31 SC745908 core:ShareCapital 2023-12-31 SC745908 core:SharePremium 2024-12-31 SC745908 core:SharePremium 2023-12-31 SC745908 core:RetainedEarningsAccumulatedLosses 2024-12-31 SC745908 core:RetainedEarningsAccumulatedLosses 2023-12-31 SC745908 core:OtherPropertyPlantEquipment 2023-12-31 SC745908 core:OtherPropertyPlantEquipment 2024-12-31 SC745908 core:CostValuation 2023-12-31 SC745908 core:CostValuation 2024-12-31 SC745908 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2024-12-31 SC745908 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2023-12-31 SC745908 bus:OrdinaryShareClass1 2024-12-31 SC745908 2024-01-01 2024-12-31 SC745908 bus:FilletedAccounts 2024-01-01 2024-12-31 SC745908 bus:SmallEntities 2024-01-01 2024-12-31 SC745908 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC745908 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC745908 bus:Director1 2024-01-01 2024-12-31 SC745908 bus:Director2 2024-01-01 2024-12-31 SC745908 bus:Director3 2024-01-01 2024-12-31 SC745908 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 SC745908 2022-09-30 2023-12-31 SC745908 core:Non-currentFinancialInstruments 2024-01-01 2024-12-31 SC745908 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 SC745908 bus:OrdinaryShareClass1 2022-09-30 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC745908 (Scotland)

THE GRAHAMSLAW DISTILLERY HOLD CO LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

THE GRAHAMSLAW DISTILLERY HOLD CO LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

THE GRAHAMSLAW DISTILLERY HOLD CO LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
THE GRAHAMSLAW DISTILLERY HOLD CO LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 31.12.2024 31.12.2023
£ £
Fixed assets
Tangible assets 3 8,841,756 635,281
Investments 4 100 100
8,841,856 635,381
Current assets
Debtors 5 516,965 2,715,896
Cash at bank and in hand 2,016,805 3,817,208
2,533,770 6,533,104
Creditors: amounts falling due within one year 6 ( 1,444,674) ( 193,262)
Net current assets 1,089,096 6,339,842
Total assets less current liabilities 9,930,952 6,975,223
Creditors: amounts falling due after more than one year 7 ( 3,000,000) 0
Net assets 6,930,952 6,975,223
Capital and reserves
Called-up share capital 8 1,000 1,000
Share premium account 6,999,500 6,999,500
Profit and loss account ( 69,548 ) ( 25,277 )
Total shareholders' funds 6,930,952 6,975,223

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of The Grahamslaw Distillery Hold Co Limited (registered number: SC745908) were approved and authorised for issue by the Board of Directors on 02 June 2025. They were signed on its behalf by:

Mr S D Lang
Director
THE GRAHAMSLAW DISTILLERY HOLD CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
THE GRAHAMSLAW DISTILLERY HOLD CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

The Grahamslaw Distillery Hold Co Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is C/O Johnston Carmichael, 7-11 Melville Street, Edinburgh, EH3 7PE, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Reporting period length

The prior year financial statements cover the 15-month period from the date of incorporation on 30 September 2022 until 31 December 2023, as opposed to 12-months for the current year. As such the comparatives are not entirely comparable.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 0 - 25 % reducing balance
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors 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.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2. Employees

Year ended
31.12.2024
Period from
30.09.2022 to
31.12.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 January 2024 635,864 635,864
Additions 8,207,178 8,207,178
At 31 December 2024 8,843,042 8,843,042
Accumulated depreciation
At 01 January 2024 583 583
Charge for the financial year 703 703
At 31 December 2024 1,286 1,286
Net book value
At 31 December 2024 8,841,756 8,841,756
At 31 December 2023 635,281 635,281

4. Fixed asset investments

31.12.2024 31.12.2023
£ £
Subsidiary undertakings 100 100

Investments in subsidiaries

31.12.2024
£
Cost
At 01 January 2024 100
At 31 December 2024 100
Carrying value at 31 December 2024 100
Carrying value at 31 December 2023 100

5. Debtors

31.12.2024 31.12.2023
£ £
Amounts owed by own subsidiaries 220,118 171,796
Other debtors 296,847 2,544,100
516,965 2,715,896

6. Creditors: amounts falling due within one year

31.12.2024 31.12.2023
£ £
Trade creditors 667,248 158,842
Other taxation and social security 0 15,806
Other creditors 777,426 18,614
1,444,674 193,262

7. Creditors: amounts falling due after more than one year

31.12.2024 31.12.2023
£ £
Other creditors 3,000,000 0

There are no amounts included above in respect of which any security has been given by the small entity. Interest is being charged annually at 0.4% above the 10-year Euro Swap rate.

8. Called-up share capital

31.12.2024 31.12.2023
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000