The Penny Black Bar Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC815314

		31 August 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		40,136

			40,136
CURRENT ASSETS
Stocks	5	10,379
Debtors	6	77,275
Cash at bank and in hand		55,357

		143,011
Creditors: Amounts Falling Due Within One Year	7	(175,586 )

NET CURRENT ASSETS (LIABILITIES)			(32,575 )

TOTAL ASSETS LESS CURRENT LIABILITIES			7,561

NET ASSETS			7,561

CAPITAL AND RESERVES
Called up share capital	8		2
Profit and Loss Account			7,559

SHAREHOLDERS' FUNDS			7,561

For the period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Zuzana Miles

Director

3rd December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Penny Black Bar Limited is a private company, limited by shares, incorporated in Scotland, registered number SC815314 . The registered office is 43 Leith Street, Edinburgh, EH1 3AT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25%
Fixtures & Fittings	25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 11

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 2 July 2024	1,859	51,656	53,515

As at 31 August 2025	1,859	51,656	53,515

Depreciation
As at 2 July 2024	465	12,914	13,379

As at 31 August 2025	465	12,914	13,379

Net Book Value
As at 31 August 2025	1,394	38,742	40,136

As at 2 July 2024	1,394	38,742	40,136

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The Penny Black Bar Limited

Notes to the Financial Statements (continued)

For the Period 2 July 2024 to 31 August 2025

5. Stocks

	31 August 2025
	£
Finished goods	10,379

6. Debtors

	31 August 2025
	£
Due within one year
Other debtors	77,275

7. Creditors: Amounts Falling Due Within One Year

	31 August 2025
	£
Trade creditors	121,822
Amounts owed to participating interests	50,000
Taxation and social security	3,764

	175,586

8. Share Capital

	31 August 2025
	£
Called Up Share Capital not Paid	2

Amount of Allotted, Called Up Share Capital	2

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