REGISTERED NUMBER: 08589762 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PREMIUM BEVERAGES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Henshaw

Mrs A M Henshaw

REGISTERED OFFICE:

2 Claire Court

Rawmarsh Road

Rotherham

South Yorkshire

S60 1RU

REGISTERED NUMBER:

08589762 (England and Wales)

FIXED ASSETS

Tangible assets

5

3,111

5,812

CURRENT ASSETS

Stocks

30,323

65,017

Debtors

6

126,484

147,675

Cash at bank

320,656

315,076

477,463

527,768

CREDITORS

Amounts falling due within one year

7

171,961

221,937

NET CURRENT ASSETS

305,502

305,831

TOTAL ASSETS LESS CURRENT LIABILITIES

308,613

311,643

CREDITORS

Amounts falling due after more than one year

8

-

(4,409

)

PROVISIONS FOR LIABILITIES

(778

)

(1,453

)

NET ASSETS

307,835

305,781

CAPITAL AND RESERVES

Called up share capital

9

20

20

Retained earnings

307,815

305,761

SHAREHOLDERS' FUNDS

307,835

305,781

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

M J Henshaw - Director

1.	STATUTORY INFORMATION

Premium Beverages 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.

The presentation currency of the financial statements is the Pound Sterling (£).

All monetary values stated within these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% 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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

167

1,955

13,837

4,978

20,937

Additions

2,249

-

-

875

3,124

Disposals

-

-

(13,837

)

-

(13,837

)

At 31 December 2025

2,416

1,955

-

5,853

10,224

DEPRECIATION

At 1 January 2025

87

1,748

8,324

4,966

15,125

Charge for year

89

199

-

24

312

Eliminated on disposal

-

-

(8,324

)

-

(8,324

)

At 31 December 2025

176

1,947

-

4,990

7,113

NET BOOK VALUE

At 31 December 2025

2,240

8

-

863

3,111

At 31 December 2024

80

207

5,513

12

5,812

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

121,368

145,619

Other debtors

5,116

2,056

126,484

147,675

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

4,409

10,397

Trade creditors

89,549

100,254

Taxation and social security

75,057

94,139

Other creditors

2,946

17,147

171,961

221,937

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

4,409

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

20

Ordinary

£1

20

20

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

M J Henshaw

Balance outstanding at start of year

(820

)

(820

)

Amounts advanced

41,382

33,645

Amounts repaid

(40,562

)

(33,645

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(820

)

Mrs A M Henshaw

Balance outstanding at start of year

(70

)

(70

)

Amounts advanced

21,546

27,527

Amounts repaid

(21,476

)

(27,527

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(70

)

The above loans are unsecured, interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M J Henshaw.