REGISTERED NUMBER: SC149869 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

The Liquid Room Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J McWilliams

G J Mcwilliams

Ms A D M Black

REGISTERED OFFICE:

9c Victoria Street

Edinburgh

EH1 2HE

REGISTERED NUMBER:

SC149869 (Scotland)

ACCOUNTANTS:

LinklatersCA

8 Darnaway Street

Edinburgh

EH3 6BG

FIXED ASSETS

Tangible assets

4

2,254,688

2,217,965

CURRENT ASSETS

Stocks

30,759

38,532

Debtors

5

38,928

148,719

Cash at bank and in hand

475,651

276,175

545,338

463,426

CREDITORS

Amounts falling due within one year

6

188,510

197,014

NET CURRENT ASSETS

356,828

266,412

TOTAL ASSETS LESS CURRENT LIABILITIES

2,611,516

2,484,377

CREDITORS

Amounts falling due after more than one year

7

(373,172

)

(371,331

)

PROVISIONS FOR LIABILITIES

(97,025

)

(82,074

)

NET ASSETS

2,141,319

2,030,972

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,141,317

2,030,970

SHAREHOLDERS' FUNDS

2,141,319

2,030,972

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by:

Ms A D M Black - Director

1.	STATUTORY INFORMATION

The Liquid Room Limited is a private company, limited by shares , registered in Scotland. 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, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

2,492,511

1,206,371

178,368

23,863

3,901,113

Additions

-

164,481

-

3,622

168,103

At 31 October 2025

2,492,511

1,370,852

178,368

27,485

4,069,216

DEPRECIATION

At 1 November 2024

639,927

908,160

114,176

20,885

1,683,148

Charge for year

49,850

69,404

9,628

2,498

131,380

At 31 October 2025

689,777

977,564

123,804

23,383

1,814,528

NET BOOK VALUE

At 31 October 2025

1,802,734

393,288

54,564

4,102

2,254,688

At 31 October 2024

1,852,584

298,211

64,192

2,978

2,217,965

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

38,928

28,719

Other debtors

-

120,000

38,928

148,719

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

30,544

27,090

Trade creditors

53,726

60,657

Taxation and social security

96,147

95,183

Other creditors

8,093

14,084

188,510

197,014

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

309,627

343,626

Trade creditors

63,545

27,705

373,172

371,331

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

340,171

370,716

Barclays Bank hold a Standard Security over the company's heritable property at 9c Victoria Street, Edinburgh. together with a Bond and Floating Charge over all the company's assets.

9.	RELATED PARTY DISCLOSURES

Control

The company is controlled by J McWilliams Esq, a director of the company, who owns 100% of the issued share capital.