Sea Ridge Distillery Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12964886

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,688		2,532
Tangible Assets	5		12,692		14,907

			14,380		17,439
CURRENT ASSETS
Stocks	6	1,500		10,000
Debtors	7	18,756		19,253
Cash at bank and in hand		1,071		5,412

		21,327		34,665
Creditors: Amounts Falling Due Within One Year	8	(28,471 )		(30,300 )

NET CURRENT ASSETS (LIABILITIES)			(7,144 )		4,365

TOTAL ASSETS LESS CURRENT LIABILITIES			7,236		21,804

NET ASSETS			7,236		21,804

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			7,136		21,704

SHAREHOLDERS' FUNDS			7,236		21,804

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Sea Ridge Distillery Ltd

Balance Sheet (continued)

As At 31 March 2025

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

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

The director acknowledges his 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

Mr Jonpaul Stanhope

Director

24/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sea Ridge Distillery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12964886 . The registered office is Gallagher House, 8-10 Market Street, Wirral, Merseyside, CH41 5ER.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. 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	10% Straight line
Fixtures & Fittings	25% Reducing balance basis

2.5. 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.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: )

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Sea Ridge Distillery Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	4,220

As at 31 March 2025	4,220

Amortisation
As at 1 April 2024	1,688
Provided during the period	844

As at 31 March 2025	2,532

Net Book Value
As at 31 March 2025	1,688

As at 1 April 2024	2,532

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	19,550	1,625	21,175

As at 31 March 2025	19,550	1,625	21,175

Depreciation
As at 1 April 2024	5,684	584	6,268
Provided during the period	1,955	260	2,215

As at 31 March 2025	7,639	844	8,483

Net Book Value
As at 31 March 2025	11,911	781	12,692

As at 1 April 2024	13,866	1,041	14,907

6. Stocks

	2025	2024
	£	£
Finished goods	1,500	10,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,544	17,253
Amounts owed by participating interests	390	-
Other debtors	10,822	2,000

	18,756	19,253

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Sea Ridge Distillery Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,788	4,864
Other creditors	18,253	21,004
Taxation and social security	5,430	4,432

	28,471	30,300

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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