ACCOUNTS - Final Accounts

Registered number: SC446376

MOONSHINE TRADERS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

MOONSHINE TRADERS LIMITED

COMPANY INFORMATION

Directors	Mr S M Bremner
	Mr C D Burt


Registered number	SC446376


Registered office	Unit 1 Waverley Road
	Mitchelston Industrial Estate
	Kirkcaldy
	KY1 3NH


Accountants	EQ Accountants Limited
	Chartered Accountants
	14 City Quay
	Dundee
	DD1 3JA

MOONSHINE TRADERS LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6

MOONSHINE TRADERS LIMITED

REGISTERED NUMBER: SC446376

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
		£		£


Current assets
Stocks		3,555		6,272
Debtors: amounts falling due within one year	5	26		578
Cash at bank and in hand		3,217		3,059
		6,798		9,909
Creditors: amounts falling due within one year	6	(29,887)		(29,184)
Net current liabilities			(23,089)		(19,275)
Total assets less current liabilities			(23,089)		(19,275)
Creditors: amounts falling due after more than one year	7		(86)		(1,116)

Net liabilities			(23,175)		(20,391)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(23,275)	(20,491)
		(23,175)	(20,391)

Page 1

MOONSHINE TRADERS LIMITED

REGISTERED NUMBER: SC446376

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2025

The directors consider 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 directors acknowledge their 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 30 September 2025.

Mr S M Bremner

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

MOONSHINE TRADERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Moonshine Traders Limited is a private company, limited by shares, domiciled in Scotland with registration number SC446376. The registered office is Unit 1 Waverley Road, Mitchelston Industrial Estate, Kirkcaldy, Fife, Scotland, KY1 3NH.

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

Going concern

The company show net liabilites at both the current and previous year end, however these accounts are prepared on a going concern basis based on the continuing support provided by the company's directors.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue 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 revenue 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 revenue 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.

Page 3

MOONSHINE TRADERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.4

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25% straight line

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.

2.5

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.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4

MOONSHINE TRADERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 May 2024	3,152
	At 30 April 2025	3,152
	Depreciation
	At 1 May 2024	3,152
	At 30 April 2025	3,152
	Net book value
	At 30 April 2025	-
	At 30 April 2024	-

Debtors

					2025	2024
					£	£


Trade debtors	-	540
Prepayments and accrued income	26	38
	26	578

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	1,006	957
Trade creditors	37	65
Other taxation and social security	41	100
Other creditors	28,118	27,412
Accruals and deferred income	685	650
	29,887	29,184

Page 5

MOONSHINE TRADERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	86	1,116
	86	1,116

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

Page 6