CASK SMUGGLERS LTD


Director	KEANE, Simon Paul


Registered Address	242 Morrison Street
	Edinburgh
	EH3 8DT


Registered Number	SC658034 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			10		10
Fixed assets
Tangible assets	3		44,183		72,816
			44,183		72,816
Current assets
Debtors	4,5	24,628		107,750
Cash at bank and on hand		174		433
		24,802		108,183
Creditors amounts falling due within one year	6	(35,439)		(119,696)
Net current assets (liabilities)			(10,627)		(11,503)
Total assets less current liabilities			33,556		61,313
Creditors amounts falling due after one year	7		(1,000)		-
Net assets			32,556		61,313
Capital and reserves
Called up share capital			10		10
Profit and loss account			32,546		61,303
Shareholders' funds			32,556		61,313

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 July 2026, and are signed on its behalf by:

KEANE, Simon Paul
Director
Registered Company No. SC658034

CASK SMUGGLERS LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Land and buildings	5
	Office Equipment	5

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		10

3.	Tangible fixed assets

	Land & buildings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 November 24	139,305	3,860	143,165
At 31 October 25	139,305	3,860	143,165
Depreciation and impairment
At 01 November 24	68,841	1,508	70,349
Charge for year	27,861	772	28,633
At 31 October 25	96,702	2,280	98,982
Net book value
At 31 October 25	42,603	1,580	44,183
At 31 October 24	70,464	2,352	72,816

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	678	2,500
Total	678	2,500

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	23,950	105,250
Total	23,950	105,250

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,440	11,497
Taxation and social security	33,999	106,884
Other creditors	-	115
Accrued liabilities and deferred income	-	1,200
Total	35,439	119,696


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	1,000	-
Total	1,000	-