Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 17 2024-01-01 false No description of principal activity 19 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC501575 2024-01-01 2024-12-31 SC501575 2023-01-01 2023-12-31 SC501575 2024-12-31 SC501575 2023-12-31 SC501575 c:Director1 2024-01-01 2024-12-31 SC501575 c:RegisteredOffice 2024-01-01 2024-12-31 SC501575 d:Buildings 2024-01-01 2024-12-31 SC501575 d:Buildings 2024-12-31 SC501575 d:Buildings 2023-12-31 SC501575 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC501575 d:PlantMachinery 2024-01-01 2024-12-31 SC501575 d:PlantMachinery 2024-12-31 SC501575 d:PlantMachinery 2023-12-31 SC501575 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC501575 d:MotorVehicles 2024-01-01 2024-12-31 SC501575 d:MotorVehicles 2024-12-31 SC501575 d:MotorVehicles 2023-12-31 SC501575 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC501575 d:FurnitureFittings 2024-01-01 2024-12-31 SC501575 d:FurnitureFittings 2024-12-31 SC501575 d:FurnitureFittings 2023-12-31 SC501575 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC501575 d:OfficeEquipment 2024-01-01 2024-12-31 SC501575 d:OfficeEquipment 2024-12-31 SC501575 d:OfficeEquipment 2023-12-31 SC501575 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC501575 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC501575 d:PatentsTrademarksLicencesConcessionsSimilar 2024-01-01 2024-12-31 SC501575 d:PatentsTrademarksLicencesConcessionsSimilar 2024-12-31 SC501575 d:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 SC501575 d:ComputerSoftware 2024-12-31 SC501575 d:ComputerSoftware 2023-12-31 SC501575 d:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 SC501575 d:CurrentFinancialInstruments 2024-12-31 SC501575 d:CurrentFinancialInstruments 2023-12-31 SC501575 d:Non-currentFinancialInstruments 2024-12-31 SC501575 d:Non-currentFinancialInstruments 2023-12-31 SC501575 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC501575 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC501575 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 SC501575 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 SC501575 d:ShareCapital 2024-12-31 SC501575 d:ShareCapital 2023-12-31 SC501575 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC501575 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC501575 c:OrdinaryShareClass1 2024-01-01 2024-12-31 SC501575 c:OrdinaryShareClass1 2024-12-31 SC501575 c:OrdinaryShareClass1 2023-12-31 SC501575 c:FRS102 2024-01-01 2024-12-31 SC501575 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC501575 c:FullAccounts 2024-01-01 2024-12-31 SC501575 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC501575 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 SC501575 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 SC501575 d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 SC501575 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2024-01-01 2024-12-31 SC501575 d:ComputerSoftware d:OwnedIntangibleAssets 2024-01-01 2024-12-31 SC501575 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC501575 GIN BOTHY LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
GIN BOTHY LIMITED COMPANY INFORMATION
Director | Ms K M Cameron
Registered number | SC501575
Registered office | Bothy Distillery
| Glen Prosen
| Angus
| Scotland
| DD8 4SD
Accountants | EQ Accountants Limited
| Chartered Accountants
| 14 City Quay
| Dundee
| DD1 3JA
GIN BOTHY LIMITED REGISTERED NUMBER: SC501575 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
|  | £ |  | £
Fixed assets |  |  |  |  |
Intangible fixed assets |  |  | 16,256 |  | 20,388
Tangible fixed assets |  |  | 81,968 |  | 79,996
|  |  | 98,224 |  | 100,384
Current assets |  |  |  |  |
Stocks | 6 | 253,844 |  | 216,210 |
Debtors: amounts falling due within one year | 7 | 60,971 |  | 69,927 |
Cash at bank and in hand |  | 29,507 |  | 14,857 |
|  | 344,322 |  | 300,994 |
Creditors: amounts falling due within one year | 8 | (693,918) |  | (313,580) |
Net current liabilities |  |  | (349,596) |  | (12,586)
Total assets less current liabilities |  |  | (251,372) |  | 87,798
Creditors: amounts falling due after more than one year | 9 |  | (43,703) |  | (73,208)
Net (liabilities)/assets |  |  | (295,075) |  | 14,590
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 1 |  | 1
Profit and loss account |  |  | (295,076) |  | 14,589
|  |  | (295,075) |  | 14,590
Page 1
GIN BOTHY LIMITED REGISTERED NUMBER: SC501575 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2024 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 September 2025.
Ms K M Cameron
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Gin Bothy Limited is a private company, limited by shares, domiciled in Scotland with registration number SC501575. The registered office is Bothy Distillery, Glen Prosen, Angus, Scotland, DD8 4SD. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
| 2.3 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Page 3
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
| 2.8 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. The estimated useful lives range as follows:
|  |  |  | Patents | - | 10 | years
|  |  |  | Other intangible assets | - | 10 | years
Page 4
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Tenant's Improvements | - |  | Nil
|  |  |  | Plant and machinery | - | 25% |
|  |  |  | Motor vehicles | - | 25% |
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office equipment | - | 25% |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 19 (2023 - 17).
Page 5
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Intangible assets
|  | Patents | Website | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2024 | 34,640 | 9,700 | 44,340
| Additions | 336 | - | 336
| At 31 December 2024 | 34,976 | 9,700 | 44,676
| Amortisation |  |  |
| At 1 January 2024 | 18,374 | 5,578 | 23,952
| Charge for the year on owned assets | 3,498 | 970 | 4,468
| At 31 December 2024 | 21,872 | 6,548 | 28,420
| Net book value |  |  |
| At 31 December 2024 | 13,104 | 3,152 | 16,256
| At 31 December 2023 | 16,266 | 4,122 | 20,388
Page 6
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Tangible fixed assets
|  | Tenant's Impovements | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |
| At 1 January 2024 | 14,219 | 63,254 | 19,695 | 54,121 | 14,638 | 165,927
| Additions | - | 13,929 | - | 8,416 | 2,154 | 24,499
| Disposals | - | - | - | (2,514) | - | (2,514)
| At 31 December 2024 | 14,219 | 77,183 | 19,695 | 60,023 | 16,792 | 187,912
| Depreciation |  |  |  |  |  |
| At 1 January 2024 | - | 27,597 | 8,617 | 40,158 | 9,559 | 85,931
| Charge for the year on owned assets | - | 12,396 | 2,770 | 5,492 | 1,413 | 22,071
| Disposals | - | - | - | (2,058) | - | (2,058)
| At 31 December 2024 | - | 39,993 | 11,387 | 43,592 | 10,972 | 105,944
| Net book value |  |  |  |  |  |
| At 31 December 2024 | 14,219 | 37,190 | 8,308 | 16,431 | 5,820 | 81,968
| At 31 December 2023 | 14,219 | 35,657 | 11,078 | 13,963 | 5,079 | 79,996
Page 7
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Raw materials and consumables | 102,039 | 134,359
| Finished goods and goods for resale | 151,805 | 81,851
|  | 253,844 | 216,210
7. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 34,299 | 35,250
| Other debtors | 7,655 | 7,592
| Prepayments and accrued income | 17,326 | 27,085
| Tax recoverable | 1,691 | -
|  | 60,971 | 69,927
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank overdrafts | - | 27,307
| Bank loans | 54,822 | 40,322
| Trade creditors | 89,406 | 141,447
| Amounts owed to group undertakings | 531,192 | 50,526
| Other taxation and social security | 7,975 | 3,198
| Obligations under finance lease and hire purchase contracts | 7,292 | 5,057
| Other creditors | - | 42,839
| Accruals and deferred income | 3,231 | 2,884
|  | 693,918 | 313,580
| The bank loan is secured by a floating charge covering all the property or undertaking of the company. Obligations under hire purchase contracts are secured against the related asset.
Page 8
GIN BOTHY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 40,337 | 66,555
| Net obligations under finance leases and hire purchase contracts | 3,366 | 6,653
|  | 43,703 | 73,208
| The bank loan is secured by a floating charge covering all the property or undertaking of the company. Obligations under hire purchase contracts are secured against the related asset.
10. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2023 - 1) Ordinary share of £1.00 | 1 | 1
Page 9