# EDGAR Filing Document

**Accession Number:** 0001741454
**File Stem:** 0001741454-23-000002
**Filing Date:** 2023-3
**Character Count:** 13794
**Document Hash:** f787fcc7f198b478a71389fdcfd75afa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001741454-23-000002.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001741454-23-000002

**CONFORMED SUBMISSION TYPE**: C-AR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lonerider Spirits, LLC
- **CENTRAL INDEX KEY:** 0001741454
- **IRS NUMBER:** 825405723
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** C-AR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-28445
- **FILM NUMBER:** 23784287

**BUSINESS ADDRESS:**
- **STREET 1:** 624 HOLLY SPRINGS ROAD, SUITE 163
- **CITY:** HOLLY SPRINGS
- **STATE:** NC
- **ZIP:** 27540
- **BUSINESS PHONE:** 919-667-8323

**MAIL ADDRESS:**
- **STREET 1:** 624 HOLLY SPRINGS ROAD
- **CITY:** HOLLY SPRINGS
- **STATE:** NC
- **ZIP:** 27540

### Attached PDF Documents

**Attachment 1:** `LRS-Supporting-Data.pdf`

2021

| Form 1065 Department of the Treasury Internal Revenue Service |  | U.S. Return of Partnership Income |  |  |  | OMB No. 1545-0123 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  | For calendar year 2021, or tax year beginning __________, ending __________ ▶ Go to www.irs.gov/Form1065 for instructions and the latest information. |  |  |  | 2021 |
| A Principal business activity |  | Name of partnership |  |  |  | D Employer identification number |
| WHOLESALE SALES |  | LONERIDER SPIRITS LLC |  |  |  | 82-5405723 |
| B Principal product or service |  | Number, street, and room or suite no. P & P.O. box, see instructions. |  |  |  | E Date business started |
| SPIRITS |  | 624 HOLLY SPRINGS ROAD, SUITE 163 |  |  |  | 05/24/2018 |
| C Business code number |  | City or town, state or province, country, and ZIP or foreign postal code |  |  |  | F Total assets |
| 312140 |  | HOLLY SPRINGS NC 27540 |  |  |  | $510,839. |
| G Check applicable boxes: (1) ☐ Initial return (2) ☐ Final return (3) ☐ Name change (4) ☐ Address change (5) ☐ Amended return H Check accounting method: (1) ☐ Cash (2) ☑ Accrual (3) ☐ Other (specify) ▶ I Number of Schedules K-1, Attach one for each person who was a partner at any time during the tax year ▶ 57 J Check if Schedules C and M-3 are attached ▶ ☐ K Check if partnership: (1) ☐ Aggregated activities for section 465 at-risk purposes (2) ☐ Grouped activities for section 469 passive activity purposes |  |  |  |  |  |  |
| Caution: Include only trade or business income and expenses on lines 1a through 22 below. See instructions for more information. |  |  |  |  |  |  |
| Income | 1a Gross receipts or sales | 1a | 304,195. |  |  |  |
|  | b Returns and allowances | 1b |  |  |  |  |
|  | c Balance, Subtract line 1b from line 1a |  |  |  |  | 1c 304,195. |
|  | 2 Cost of goods sold (attach Form 1125-A) |  |  |  |  | 2 311,324. |
|  | 3 Gross profit, Subtract line 2 from line 1c |  |  |  |  | 3 -7,129. |
|  | 4 Ordinary income (loss) from other partnerships, estates, and trusts (attach statement) |  |  |  |  | 4 |
|  | 5 Net farm profit (loss) (attach Schedule F (Form 1040)) |  |  |  |  | 5 |
|  | 6 Net gain (loss) from Form 4797, Part II, line 17 (attach Form 4797) |  |  |  |  | 6 2,043. |
|  | 7 Other income (loss) (attach statement) SEE STATEMENT 1 |  |  |  |  | 7 6,905. |
|  | 8 Total income (loss), Combine lines 3 through 7 |  |  |  |  | 8 1,819. |
| Deductions (see instructions for limitations) | 9 Salaries and wages (other than to partners) (less employment credits) |  |  |  |  | 9 |
|  | 10 Guaranteed payments to partners |  |  |  |  | 10 194,021. |
|  | 11 Repairs and maintenance |  |  |  |  | 11 |
|  | 12 Bad debts |  |  |  |  | 12 |
|  | 13 Rent |  |  |  |  | 13 25,451. |
|  | 14 Taxes and licenses SEE STATEMENT 2 |  |  |  |  | 14 5,343. |
|  | 15 Interest (see instructions) |  |  |  |  | 15 |
|  | 16a Depreciation (if required, attach Form 4562) | 16a | 20,759. |  |  |  |
|  | b Less depreciation reported on Form 1125-A and elsewhere on return | 16b |  |  |  | 16c 20,759. |
|  | 17 Depletion (Do not deduct oil and gas depletion.) |  |  |  |  | 17 |
|  | 18 Retirement plans, etc. |  |  |  |  | 18 |
|  | 19 Employee benefit programs |  |  |  |  | 19 |
|  | 20 Other deductions (attach statement) SEE STATEMENT 3 |  |  |  |  | 20 235,040. |
|  | 21 Total deductions, Add the amounts shown in the far right column for lines 9 through 20 |  |  |  |  | 21 480,614. |
|  | 22 Ordinary business income (loss), Subtract line 21 from line 8 |  |  |  |  | 22 -478,795. |

Schedule L Balance Sheets per Books

| Assets | Beginning of tax year |  | End of tax year |  |
| --- | --- | --- | --- | --- |
|  | (a) | (b) | (c) | (d) |
| 1 Cash |  | 182,253. |  | 100,098. |
| 2a Trade notes and accounts receivable | 22,552. |  | 26,123. |  |
| b Less allowance for bad debts |  | 22,552. |  | 26,123. |
| 3 Inventories |  | 356,018. |  | 272,662. |
| 4 U.S. government obligations |  |  |  |  |
| 5 Tax-exempt securities |  |  |  |  |
| 6 Other current assets (attach statement) |  |  |  |  |
| 7a Loans to partners (or persons related to partners) |  |  |  |  |
| b Mortgage and real estate loans |  |  |  |  |
| 8 Other investments (attach statement) |  |  |  |  |
| 9a Buildings and other depreciable assets | 144,927. |  | 141,275. |  |
| b Less accumulated depreciation | 83,123. | 61,804. | 94,738. | 46,537. |
| 10a Depletable assets |  |  |  |  |
| b Less accumulated depletion |  |  |  |  |
| 11 Land (net of any amortization) |  |  |  |  |
| 12a Intangible assets (amortizable only) | 81,836. |  | 81,836. |  |
| b Less accumulated amortization | 13,063. | 68,773. | 18,519. | 63,317. |
| 13 Other assets (attach statement) | STATEMENT 9 | 2,102. |  | 2,102. |
| 14 Total assets |  | 693,502. |  | 510,839. |
| Liabilities and Capital |  |  |  |  |
| 15 Accounts payable |  |  |  |  |
| 16 Mortgages, notes, bonds payable in less than 1 year |  |  |  |  |
| 17 Other current liabilities (attach statement) | STATEMENT 10 | 1,720. |  | 39,880. |
| 18 All nonrecourse loans |  |  |  |  |
| 19a Loans from partners (or persons related to partners) |  |  |  |  |
| b Mortgages, notes, bonds payable in 1 year or more |  |  |  |  |
| 20 Other liabilities (attach statement) | STATEMENT 11 | 377,690. |  | 399,276. |
| 21 Partners' capital accounts |  | 314,092. |  | 71,683. |
| 22 Total liabilities and capital |  | 693,502. |  | 510,839. |

2022

| Form 1065 Department of the Treasury Internal Revenue Service |  | U.S. Return of Partnership Income |  |  |  | OMB No. 1545-0123 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  | For calendar year 2022, or tax year beginning __________, ending __________, Go to www.irs.gov/Form1065 for instructions and the latest information. |  |  |  | 2022 |
| A Principal business activity |  | Name of partnership |  |  |  | D Employer identification number |
| WHOLESALE SALES |  | LONERIDER SPIRITS LLC |  |  |  | 82-5405723 |
| B Principal product or service |  | Number, street, and room or suite no. if a P.O. box, see instructions. |  |  |  | E Date business started |
| SPIRITS |  | 624 HOLLY SPRINGS ROAD, SUITE 163 |  |  |  | 05/24/2018 |
| C Business code number |  | City or town, state or province, country, and ZIP or foreign postal code |  |  |  | F Total assets (see instr.) |
| 312140 |  | HOLLY SPRINGS NC 27540 |  |  |  | $427,235. |
| G Check applicable boxes: (1) ☐ Initial return (2) ☐ Final return (3) ☐ Name change (4) ☐ Address change (5) ☐ Amended return |  |  |  |  |  |  |
| H Check accounting method: (1) ☐ Cash (2) ☑ Accrual (3) ☐ Other (specify) |  |  |  |  |  |  |
| I Number of Schedules K-1, Attach one for each person who was a partner at any time during the tax year 61 |  |  |  |  |  |  |
| J Check if Schedules C and M-3 are attached ☐ |  |  |  |  |  |  |
| K Check if partnership: (1) ☐ Aggregated activities for section 465 at-risk purposes (2) ☐ Grouped activities for section 463 passive activity purposes |  |  |  |  |  |  |
| Caution: Include only trade or business income and expenses on lines 1a through 22 below. See instructions for more information. |  |  |  |  |  |  |
| Income | 1a Gross receipts or sales | 1a | 223,858. |  |  |  |
|  | b Returns and allowances | 1b |  |  |  |  |
|  | c Balance, Subtract line 1b from line 1a |  |  |  | 1c | 223,858. |
|  | 2 Cost of goods sold (attach Form 1125-A) |  |  |  | 2 | 145,777. |
|  | 3 Gross profit, Subtract line 2 from line 1c |  |  |  | 3 | 78,081. |
|  | 4 Ordinary income (loss) from other partnerships, estates, and trusts (attach statement) |  |  |  | 4 |  |
|  | 5 Net farm profit (loss) (attach Schedule F (Form 1040)) |  |  |  | 5 |  |
|  | 6 Net gain (loss) from Form 4797, Part II, line 17 (attach Form 4797) |  |  |  | 6 |  |
|  | 7 Other income (loss) (attach statement) SEE STATEMENT 1 |  |  |  | 7 | 8,303. |
|  | 8 Total income (loss), Combine lines 3 through 7 |  |  |  | 8 | 86,384. |
| Deductions (see instructions for limitations) | 9 Salaries and wages (other than to partners) (less employment credits) |  |  |  | 9 |  |
|  | 10 Guaranteed payments to partners |  |  |  | 10 | 164,814. |
|  | 11 Repairs and maintenance |  |  |  | 11 |  |
|  | 12 Bad debts |  |  |  | 12 |  |
|  | 13 Rent |  |  |  | 13 | 12,827. |
|  | 14 Taxes and licenses SEE STATEMENT 2 |  |  |  | 14 | 1,015. |
|  | 15 Interest (see instructions) |  |  |  | 15 |  |
|  | 16a Depreciation (if required, attach Form 4562) | 16a | 15,927. |  |  |  |
|  | b Less depreciation reported on Form 1125-A and elsewhere on return | 16b |  |  | 16c | 15,927. |
|  | 17 Depletion (Do not deduct oil and gas depletion.) |  |  |  | 17 |  |
|  | 18 Retirement plans, etc. |  |  |  | 18 |  |
|  | 19 Employee benefit programs |  |  |  | 19 |  |
|  | 20 Other deductions (attach statement) SEE STATEMENT 3 |  |  |  | 20 | 167,902. |
|  | 21 Total deductions, Add the amounts shown in the far right column for lines 9 through 20 |  |  |  | 21 | 362,485. |
|  | 22 Ordinary business income (loss), Subtract line 21 from line 8 |  |  |  | 22 | -276,101. |

# **Schedule L Balance Sheets per Books**

| Assets | Beginning of tax year |  | End of tax year |  |
| --- | --- | --- | --- | --- |
|  | (a) | (b) | (c) | (d) |
| 1 Cash |  | 100,098. |  | 39,137. |
| 2a Trade notes and accounts receivable | 26,123. |  | 13,889. |  |
| b Less allowance for bad debts |  | 26,123. |  | 13,889. |
| 3 Inventories |  | 272,662. |  | 258,038. |
| 4 U.S. government obligations |  |  |  |  |
| 5 Tax-exempt securities |  |  |  |  |
| 6 Other current assets (attach statement) | STATEMENT 7 | 0. |  | 3,046. |
| 7a Loans to partners (or persons related to partners) |  |  |  |  |
| b Mortgage and real estate loans |  |  |  |  |
| 8 Other investments (attach statement) |  |  |  |  |
| 9a Buildings and other depreciable assets | 141,275. |  | 141,275. |  |
| b Less accumulated depreciation | 94,738. | 46,537. | 110,665. | 30,610. |
| 10a Depletable assets |  |  |  |  |
| b Less accumulated depletion |  |  |  |  |
| 11 Land (net of any amortization) |  |  |  |  |
| 12a Intangible assets (amortizable only) | 81,836. |  | 81,836. |  |
| b Less accumulated amortization | 18,519. | 63,317. | 23,975. | 57,861. |
| 13 Other assets (attach statement) | STATEMENT 8 | 2,102. |  | 24,654. |
| 14 Total assets |  | 510,839. |  | 427,235. |
| Liabilities and Capital |  |  |  |  |
| 15 Accounts payable |  |  |  | 7,628. |
| 16 Mortgages, notes, bonds payable in less than 1 year |  |  |  |  |
| 17 Other current liabilities (attach statement) | STATEMENT 9 | 39,880. |  | 6,466. |
| 18 All nonrecourse loans |  |  |  |  |
| 19a Loans from partners (or persons related to partners) |  |  |  | 58,575. |
| b Mortgages, notes, bonds payable in 1 year or more |  |  |  |  |
| 20 Other liabilities (attach statement) | STATEMENT 10 | 399,276. |  | 431,834. |
| 21 Partners' capital accounts |  | 71,683. |  | -77,268. |
| 22 Total liabilities and capital |  | 510,839. |  | 427,235. |

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** Lonerider Spirits, LLC

**Legal Status:** Limited Liability Company

**Jurisdiction of Incorporation/Organization:** NC

**Date of Organization:** 05-02-2018

**Physical Address:** 8816 Gulf Court, Raleigh, NC, 27617

**Issuer Website:** www.loneriderspirits.com

**Is there a Co-Issuer?:** No

### Annual Report Disclosure Requirements

**Current Number of Employees:** 4.00

**Total Assets (Most Recent Fiscal Year):** $427,235.00

**Total Assets (Prior Fiscal Year):** $510,839.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $39,137.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $100,098.00

**Accounts Receivable (Most Recent Fiscal Year):** $13,889.00

**Accounts Receivable (Prior Fiscal Year):** $26,123.00

**Short-Term Debt (Most Recent Fiscal Year):** $6,466.00

**Short-Term Debt (Prior Fiscal Year):** $39,880.00

**Long-Term Debt (Most Recent Fiscal Year):** $431,834.00

**Long-Term Debt (Prior Fiscal Year):** $399,276.00

**Revenues/Sales (Most Recent Fiscal Year):** $223,858.00

**Revenues/Sales (Prior Fiscal Year):** $304,195.00

**Cost of Goods Sold (Most Recent Fiscal Year):** $145,777.00

**Cost of Goods Sold (Prior Fiscal Year):** $311,324.00

**Taxes Paid (Most Recent Fiscal Year):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $-276,101.00

**Net Income (Prior Fiscal Year):** $-478,795.00

### Signatures

**Issuer:** Lonerider Spirits, LLC

**Signature:** Chris Mielke

**Title:** Managing Member

---

**Signature:** Chris Mielke

**Title:** Managing Member

**Date:** 03-31-2023

---

**Signature:** Sumit Vohra

**Title:** Managing Member

**Date:** 03-31-2023