Uche Rum Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 13513030

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		98		196
Tangible Assets	5		-		62

			98		258
CURRENT ASSETS
Stocks	6	6,568		13,714
Debtors	7	19,409		16,800
Cash at bank and in hand		19,973		12,931

		45,950		43,445
Creditors: Amounts Falling Due Within One Year	8	(91,691 )		(75,502 )

NET CURRENT ASSETS (LIABILITIES)			(45,741 )		(32,057 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(45,643 )		(31,799 )

NET LIABILITIES			(45,643 )		(31,799 )

CAPITAL AND RESERVES
Called up share capital	9		3		3
Profit and Loss Account			(45,646 )		(31,802 )

SHAREHOLDERS' FUNDS			(45,643)		(31,799)

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Uche Rum Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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

Mr F Ikenye

Director

15 July 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Uche Rum Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13513030 . The registered office is 59 - 60 Thames Street, Windsor, SL4 1TX.

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. Going Concern Disclosure

At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing financial statements.

2.3. 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. 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.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Trade marks they are amortised to profit and loss account over their estimated economic life of five years.

2.5. Research and Development

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

2.6. 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:

Computer Equipment

Straight line over 4 years

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Uche Rum Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.7. 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.

2.8. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

3. Average Number of Employees

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

4. Intangible Assets

	Other
	£
Cost
As at 1 August 2024	490

As at 31 July 2025	490

Amortisation
As at 1 August 2024	294
Provided during the period	98

As at 31 July 2025	392

Net Book Value
As at 31 July 2025	98

As at 1 August 2024	196

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 August 2024	245

As at 31 July 2025	245

...CONTINUED

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Uche Rum Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	183
Provided during the period	62

As at 31 July 2025	245

Net Book Value
As at 31 July 2025	-

As at 1 August 2024	62

6. Stocks

	2025	2024
	£	£
Stock	6,568	13,714

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	15,094	15,406
Prepayments and accrued income	4,315	1,394

	19,409	16,800

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	6,530	14,811
Other loans	19,086	-
VAT	2,215	2,222
Accruals and deferred income	1,800	1,800
Directors' loan accounts	62,060	56,669

	91,691	75,502

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
3 Ordinary Shares of £ 1.00 each	3	3

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Uche Rum Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

10. Ultimate Controlling Party

The company's ultimate controlling party are M F Ikenye, Mr D Armatrading & Mr S Gayle by virtue of their ownership of 100% of the issued share capital in the company.

11. Going concern

Total liabilities exceed total assets however, the company is able to meet any liabilities that may fall due.

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