REGISTERED NUMBER: SC427805 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Whisky Trail Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G Singh Landa

B Singh

REGISTERED OFFICE:

174 High Street

Edinburgh

EH1 1QS

REGISTERED NUMBER:

SC427805 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

5,018

11,548

5,018

11,548

CURRENT ASSETS

Inventories

754,291

603,797

Debtors

6

2,276,688

1,905,542

Cash at bank and in hand

6,199

17,474

3,037,178

2,526,813

CREDITORS

Amounts falling due within one year

7

927,821

737,245

NET CURRENT ASSETS

2,109,357

1,789,568

TOTAL ASSETS LESS CURRENT LIABILITIES

2,114,375

1,801,116

CREDITORS

Amounts falling due after more than one year

8

(185,417

)

(228,202

)

PROVISIONS FOR LIABILITIES

-

(1,000

)

NET ASSETS

1,928,958

1,571,914

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,928,858

1,571,814

SHAREHOLDERS' FUNDS

1,928,958

1,571,914

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2026 and were signed on its behalf by:

B Singh - Director

1.	STATUTORY INFORMATION

Whisky Trail 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.

The company has a strong balance sheet and the directors are constantly monitoring the situation carefully over this difficult time.The directors believe that it remains appropriate to prepare the financial statements on a going concern basis.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Lease premiums are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property improvements

-

15% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Inventories 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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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 (2025 - 42 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

and 31 January 2026

18,000

AMORTISATION

At 1 February 2025

and 31 January 2026

18,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

146,570

DEPRECIATION

At 1 February 2025

135,022

Charge for year

6,530

At 31 January 2026

141,552

NET BOOK VALUE

At 31 January 2026

5,018

At 31 January 2025

11,548

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Amounts owed by associates

1,221,611

1,308,710

Other debtors

1,055,077

596,832

2,276,688

1,905,542

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans and overdrafts

206,760

100,955

Trade creditors

172,498

178,877

Amounts owed to associates

-

26,365

Taxation and social security

502,983

380,642

Other creditors

45,580

50,406

927,821

737,245

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans

-

26,667

Other creditors

185,417

201,535

185,417

228,202

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/1/26

31/1/25

£

£

Bank overdrafts

180,093

20,955

Bank loans

26,667

106,667

206,760

127,622

The Royal Bank of Scotland has a floating charge covering all the property or undertaking of the company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31/1/26

31/1/25

£

£

B Singh

Balance outstanding at start of year

369,380

274,832

Amounts advanced

219,792

394,548

Amounts repaid

-

(300,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

589,172

369,380

G Singh Landa

Balance outstanding at start of year

-

-

Amounts advanced

39,875

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,875

-

The directors loan account is unsecured and has no fixed terms of repayment. Interest is charged on the overdrawn loan balance at the official HM Revenue & Customs rate.

11.	ULTIMATE CONTROLLING PARTY

The Directors, as listed on Page 1, control the entity by virtue of their combined 100% shareholding.