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REGISTERED NUMBER: 10522507 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BLACK POWDER GIN COMPANY LTD

BLACK POWDER GIN COMPANY LTD (REGISTERED NUMBER: 10522507)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACK POWDER GIN COMPANY LTD

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: Mr A G Dalnas
Mr R J Loftus





REGISTERED OFFICE: Preese Hall
Weeton
Preston
Lancashire
PR4 3HT





REGISTERED NUMBER: 10522507 (England and Wales)





ACCOUNTANTS: James Todd & Co
Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH

BLACK POWDER GIN COMPANY LTD (REGISTERED NUMBER: 10522507)

BALANCE SHEET
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 125,888 136,069

CURRENT ASSETS
Stocks 47,175 73,650
Debtors 5 19,097 91,341
Cash at bank and in hand 15,646 33,899
81,918 198,890
CREDITORS
Amounts falling due within one year 6 164,885 302,214
NET CURRENT LIABILITIES (82,967 ) (103,324 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,921

32,745

CREDITORS
Amounts falling due after more than one
year

7

2,500

8,500
NET ASSETS 40,421 24,245

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,321 24,145
40,421 24,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BLACK POWDER GIN COMPANY LTD (REGISTERED NUMBER: 10522507)

BALANCE SHEET - continued
31 December 2024


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 Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:





Mr A G Dalnas - Director


BLACK POWDER GIN COMPANY LTD (REGISTERED NUMBER: 10522507)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Black Powder Gin Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, cash at bank, bank loans and directors loans.

Directors loans (being repayable on demand),trade debtors and trade creditors are measured at the undiscounted amount of cash or other considerations expected to be paid or received.

Taxation
Taxation for the year comprises current and deferred 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 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.

BLACK POWDER GIN COMPANY LTD (REGISTERED NUMBER: 10522507)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued

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 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 86,094 94,384 2,971 183,449
DEPRECIATION
At 1 January 2024 - 46,171 1,209 47,380
Charge for year - 9,438 743 10,181
At 31 December 2024 - 55,609 1,952 57,561
NET BOOK VALUE
At 31 December 2024 86,094 38,775 1,019 125,888
At 31 December 2023 86,094 48,213 1,762 136,069

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 15,237 18,609
Other debtors 1,333 -
Prepayments and accrued income 2,527 72,732
19,097 91,341

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 6,000 6,000
Finance leases - 581
Trade creditors 844 14,176
Amounts owed to associates 136,118 258,073
Social security and other taxes - 2,784
VAT 1,985 2,597
Other creditors - 128
Directors' current accounts 16,678 16,035
Accrued expenses 3,260 1,840
164,885 302,214

BLACK POWDER GIN COMPANY LTD (REGISTERED NUMBER: 10522507)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 2,500 8,500

8. RELATED PARTY DISCLOSURES

At the year end the company owed £131,973 (2022: £125,173) to a business owned by a director and £125,058 (2021: £125,862) to a company associated to Black Powder Gin Company Ltd.





9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R J Loftus.

The company is controlled by Mr J Loftus who owns 60% of the issued share capital.