REGISTERED NUMBER: SC588513 (Scotland)

Financial Statements for the Year Ended 30 June 2025

for

LOCH NESS BEVERAGES LTD.

Page

Balance Sheet

1

Notes to the Financial Statements

2

Fixed assets

Tangible assets

4

1,536

1,133

Current assets

Stocks

5

77,312

55,878

Debtors

6

66,645

58,097

Cash at bank

20,354

7,392

164,311

121,367

Creditors

Amounts falling due within one year

7

(119,830

)

(89,142

)

Net current assets

44,481

32,225

Total assets less current liabilities

46,017

33,358

Creditors

Amounts falling due after more than one year

8

(1,139

)

(11,616

)

Provisions for liabilities

(292

)

(215

)

Net assets

44,586

21,527

Capital and reserves

Called up share capital

9

90

100

Retained earnings

44,496

21,427

Shareholders' funds

44,586

21,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

D J Campbell - Director

1.	Statutory information

Loch Ness Beverages Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC588513

Registered office:

71 Peffer Place

Peffer Mill Business Park

Edinburgh

EH16 4BB

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

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 net of VAT and trade discounts.The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods supplied is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery - 33.3% straight line

Fixtures and fittings - 33.3% straight line

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation

Current taxation represents the amount of taxation payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the taxation rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation represents the future taxation consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, withcertain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved taxation losses and other deferred taxation assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred taxation liabilities or other future taxable profits.

Deferred taxation is measured using the taxation rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Pension costs and other post-retirement benefits

The company operates money purchase (defined contribution) pension scheme. Contributions are charged against profits on the amounts payable for the year.

Interest income

Interest income is recognised on an accruals basis.

Debtors and creditor receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Bank and cash

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

3.	Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 July 2024

15,347

2,243

17,590

Additions

1,918

-

1,918

Disposals

(6,539

)

-

(6,539

)

At 30 June 2025

10,726

2,243

12,969

Depreciation

At 1 July 2024

14,214

2,243

16,457

Charge for year

1,170

-

1,170

Written back on disposals

(6,194

)

-

(6,194

)

At 30 June 2025

9,190

2,243

11,433

Net book value

At 30 June 2025

1,536

-

1,536

At 30 June 2024

1,133

-

1,133

5.

Stocks

2025

2024

£

£

Stocks

77,312

55,878

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

29,466

20,666

Other debtors

37,179

37,431

66,645

58,097

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,228

9,979

Trade creditors

50,770

23,182

Taxation and social security

6,743

6,515

Other creditors

52,089

49,466

119,830

89,142

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

1,139

11,616

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

90

Ordinary

£1

90

100