REGISTERED NUMBER: 10135055 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST OCTOBER 2023 TO 31ST DECEMBER 2024

FOR

COOPER KING DISTILLERY LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C M Jaume

Dr A L Jaume

REGISTERED OFFICE:

The Old Stable

Stillington Road

Sutton-on-the-Forest

York

North Yorkshire

YO61 1EH

REGISTERED NUMBER:

10135055 (England and Wales)

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Tangible assets

4

393,604

370,731

CURRENT ASSETS

Stocks

287,182

233,824

Debtors

5

25,922

28,243

Cash at bank and in hand

24,964

5,894

338,068

267,961

CREDITORS

Amounts falling due within one year

6

311,399

245,682

NET CURRENT ASSETS

26,669

22,279

TOTAL ASSETS LESS CURRENT LIABILITIES

420,273

393,010

CREDITORS

Amounts falling due after more than one year

7

(284,284

)

(271,259

)

PROVISIONS FOR LIABILITIES

-

(2,800

)

NET ASSETS

135,989

118,951

CAPITAL AND RESERVES

Called up share capital

10

10

Share premium

97,999

97,999

Retained earnings

37,980

20,942

SHAREHOLDERS' FUNDS

135,989

118,951

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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.

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 26th September 2025 and were signed on its behalf by:

C M Jaume - Director

1.	STATUTORY INFORMATION

Cooper King Distillery 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Revenue is recongnised when the right to consideration becomes due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

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.

Grants

Any grant funding received is deferred and released to the profit and loss in line with the depreciation rates of the assets for which the grants were used to purchase.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1st October 2023

321,911

148,846

32,017

3,704

506,478

Additions

44,355

1,045

4,961

558

50,919

At 31st December 2024

366,266

149,891

36,978

4,262

557,397

DEPRECIATION

At 1st October 2023

21,367

98,729

12,602

3,049

135,747

Charge for period

8,935

12,738

5,846

527

28,046

At 31st December 2024

30,302

111,467

18,448

3,576

163,793

NET BOOK VALUE

At 31st December 2024

335,964

38,424

18,530

686

393,604

At 30th September 2023

300,544

50,117

19,415

655

370,731

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

22,400

25,388

Other debtors

3,522

2,855

25,922

28,243

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

14,000

20,190

Trade creditors

8,670

9,718

Taxation and social security

8,633

13,576

Other creditors

280,096

202,198

311,399

245,682

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

259,284

271,259

Other creditors

25,000

-

284,284

271,259

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

204,131

170,779

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

273,284

290,379

NatWest Bank plc holds a fixed and floating charge over the assets of the Company.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £37,077 (2023 - £47,252) to members of key management personnel. The loan is unsecured, repayable on demand and is presented within creditors due within one year. During the period, interest of 10% has accrued on this balance on a rolling, monthly basis.