REGISTERED NUMBER: 16222198 (England and Wales)

Unaudited Financial Statements

for the Period 31 January 2025 to 31 January 2026

for

Distillery N17 Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

23,056

CURRENT ASSETS

Stocks

3,500

Debtors

5

36,849

Cash at bank

2,243

42,592

CREDITORS

Amounts falling due within one year

6

47,986

NET CURRENT LIABILITIES

(5,394

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,662

PROVISIONS FOR LIABILITIES

3,146

NET ASSETS

14,516

CAPITAL AND RESERVES

Called up share capital

7

200

Retained earnings

14,316

SHAREHOLDERS' FUNDS

14,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 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 and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

Mr G D Noble - Director

Miss B J Jones - Director

1.	STATUTORY INFORMATION

Distillery N17 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

16222198

Registered office:

Unit 25 Mill Mead Road

London

N17 9QU

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.

Plant and machinery

-

15% on cost

Computer equipment

-

15% 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 period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

Additions

1,585

22,227

23,812

At 31 January 2026

1,585

22,227

23,812

DEPRECIATION

Charge for period

187

569

756

At 31 January 2026

187

569

756

NET BOOK VALUE

At 31 January 2026

1,398

21,658

23,056

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

36,849

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

32,974

Taxation and social security

1,033

Other creditors

13,979

47,986

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

200

Ordinary shares

£1

200

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £320 to Mr GD Noble and Ms BJ Jones, the directors of the company. The loan is repayable on demand and no interest is being charged.

At the balance sheet date, the company was owed £22,586 from Pirate's Grog Rum Ltd, a company owned by Mr GD Noble and Ms BJ Jones. The loan is repayable on demand and no interest is being charged.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr GD Noble and Ms BJ Jones by virtue of their majority share holding.