Pickled Spirits Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10561122

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,730		30,624

			21,730		30,624
CURRENT ASSETS
Stocks	5	10,120		9,688
Debtors	6	21,820		2,497
Cash at bank and in hand		8,010		2,946

		39,950		15,131
Creditors: Amounts Falling Due Within One Year	7	(77,677 )		(58,011 )

NET CURRENT ASSETS (LIABILITIES)			(37,727 )		(42,880 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,997 )		(12,256 )

Creditors: Amounts Falling Due After More Than One Year	8		(19,125 )		(26,230 )

NET LIABILITIES			(35,122 )		(38,486 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(35,222 )		(38,586 )

SHAREHOLDERS' FUNDS			(35,122)		(38,486)

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Pickled Spirits Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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

Ms Katherine Doyle

Director

30 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Pickled Spirits Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10561122 . The registered office is 12 Woolton Street, Liverpool, L25 5JA.

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. 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 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.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Leasehold	Straight line over 5 years
Fixtures & Fittings	Straight line over 5 years
Computer Equipment	Straight line over 3 years

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 7)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	38,107	31,365	2,608	72,080

As at 31 January 2026	38,107	31,365	2,608	72,080

...CONTINUED

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Pickled Spirits Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Depreciation
As at 1 February 2025	12,560	26,288	2,608	41,456
Provided during the period	7,621	1,273	-	8,894

As at 31 January 2026	20,181	27,561	2,608	50,350

Net Book Value
As at 31 January 2026	17,926	3,804	-	21,730

As at 1 February 2025	25,547	5,077	-	30,624

5. Stocks

	2026	2025
	£	£
Finished goods	10,120	9,688

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	6,943	1,436
Other debtors	3,038	-
Directors' loan accounts	11,839	1,061

	21,820	2,497

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	7,247	7,763
Bank loans and overdrafts	12,219	10,113
Other taxes and social security	12,595	6,597
VAT	41,494	32,506
Other creditors	3,038	-
Accruals and deferred income	1,084	1,032

	77,677	58,011

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	19,125	26,230

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Pickled Spirits Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Ms Katherine Doyle	530	5,389	-	-	5,919
Mr Elliott Doyle	530	5,389	-	-	5,919

The above loan is unsecured, interest free and repayable on demand.

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