The Glenkens Distilling Co Ltd

Registered number

SC781195

Filleted Accounts

31 January 2026

The Glenkens Distilling Co Ltd
Registered number:		SC781195
Balance Sheet
as at 31 January 2026

Notes			2026			2024
£				£
Fixed assets
Tangible assets	3		151,553			61,539

Current assets
Debtors	4	12,912			100
Cash at bank and in hand		20,622			65,103
		33,534			65,203

Creditors: amounts falling due within one year	5	(162,373)			(128,387)

Net current liabilities			(128,839)			(63,184)

Total assets less current liabilities			22,714			(1,645)


Provisions for liabilities			(8,306)			-


Net assets/(liabilities)			14,408			(1,645)

Capital and reserves
Called up share capital			100			100
Profit and loss account			14,308			(1,745)

Shareholders' funds			14,408			(1,645)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Ashley McCallum
Director
Approved by the board on 29 October 2026

The Glenkens Distilling Co Ltd
Notes to the Accounts
for the period from 1 October 2024 to 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 and from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings
	Plant and machinery			25% RBM
	Motor Vehicles			25% RBM
	Office Equipment			33.33%SLM
	Computer Equipment			33.33%SLM

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2026		2024
Number							Number

	Average number of persons employed by the company					1		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	61,539		-		-		61,539
	Additions	48,712		31,986		15,583		96,281
	At 31 January 2026	110,251		31,986		15,583		157,820

	Depreciation
	Charge for the period	-		5,040		1,227		6,267
	At 31 January 2026	-		5,040		1,227		6,267

	Net book value
	At 31 January 2026	110,251		26,946		14,356		151,553
	At 30 September 2024	61,539		-		-		61,539


4	Debtors					2026		2024
£							£

	Trade debtors					12,912		-
	Other debtors					-		100
						12,912		100


5	Creditors: amounts falling due within one year					2026		2024
£							£

	Trade creditors					831		2,405
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					50,000		-
	Taxation and social security costs					356		82
	Other creditors					111,186		125,900
						162,373		128,387


6	Other information

	The Glenkens Distilling Co Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Blackwater Farm
	Dalry
	Castle Douglas
	Dumfries and Galloway
	DG7 3UD