2023-03-012024-02-292024-02-29false13168925GRANT WAUGH MEEHAN LTD2024-10-0166220iso4217:GBPxbrli:pure131689252023-03-01131689252024-02-29131689252023-03-012024-02-29131689252022-03-01131689252023-02-28131689252022-03-012023-02-2813168925bus:SmallEntities2023-03-012024-02-2913168925bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913168925bus:FullAccounts2023-03-012024-02-2913168925bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913168925core:WithinOneYear2024-02-2913168925core:AfterOneYear2024-02-2913168925core:WithinOneYear2023-02-2813168925core:AfterOneYear2023-02-2813168925core:ShareCapital2024-02-2913168925core:SharePremium2024-02-2913168925core:RevaluationReserve2024-02-2913168925core:OtherReservesSubtotal2024-02-2913168925core:RetainedEarningsAccumulatedLosses2024-02-2913168925core:ShareCapital2023-02-2813168925core:SharePremium2023-02-2813168925core:RevaluationReserve2023-02-2813168925core:OtherReservesSubtotal2023-02-2813168925core:RetainedEarningsAccumulatedLosses2023-02-2813168925core:LandBuildings2024-02-2913168925core:PlantMachinery2024-02-2913168925core:Vehicles2024-02-2913168925core:FurnitureFittings2024-02-2913168925core:OfficeEquipment2024-02-2913168925core:NetGoodwill2024-02-2913168925core:IntangibleAssetsOtherThanGoodwill2024-02-2913168925core:ListedExchangeTraded2024-02-2913168925core:UnlistedNon-exchangeTraded2024-02-2913168925core:LandBuildings2023-02-2813168925core:PlantMachinery2023-02-2813168925core:Vehicles2023-02-2813168925core:FurnitureFittings2023-02-2813168925core:OfficeEquipment2023-02-2813168925core:NetGoodwill2023-02-2813168925core:IntangibleAssetsOtherThanGoodwill2023-02-2813168925core:ListedExchangeTraded2023-02-2813168925core:UnlistedNon-exchangeTraded2023-02-2813168925core:LandBuildings2023-03-012024-02-2913168925core:PlantMachinery2023-03-012024-02-2913168925core:Vehicles2023-03-012024-02-2913168925core:FurnitureFittings2023-03-012024-02-2913168925core:OfficeEquipment2023-03-012024-02-2913168925core:NetGoodwill2023-03-012024-02-2913168925core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913168925core:ListedExchangeTraded2023-03-012024-02-2913168925core:UnlistedNon-exchangeTraded2023-03-012024-02-2913168925core:MoreThanFiveYears2023-03-012024-02-2913168925core:Non-currentFinancialInstruments2024-02-2913168925core:Non-currentFinancialInstruments2023-02-2813168925dpl:CostSales2023-03-012024-02-2913168925dpl:DistributionCosts2023-03-012024-02-2913168925core:LandBuildings2023-03-012024-02-2913168925core:PlantMachinery2023-03-012024-02-2913168925core:Vehicles2023-03-012024-02-2913168925core:FurnitureFittings2023-03-012024-02-2913168925core:OfficeEquipment2023-03-012024-02-2913168925dpl:AdministrativeExpenses2023-03-012024-02-2913168925core:NetGoodwill2023-03-012024-02-2913168925core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913168925dpl:GroupUndertakings2023-03-012024-02-2913168925dpl:ParticipatingInterests2023-03-012024-02-2913168925dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913168925core:ListedExchangeTraded2023-03-012024-02-2913168925dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913168925core:UnlistedNon-exchangeTraded2023-03-012024-02-2913168925dpl:CostSales2022-03-012023-02-2813168925dpl:DistributionCosts2022-03-012023-02-2813168925core:LandBuildings2022-03-012023-02-2813168925core:PlantMachinery2022-03-012023-02-2813168925core:Vehicles2022-03-012023-02-2813168925core:FurnitureFittings2022-03-012023-02-2813168925core:OfficeEquipment2022-03-012023-02-2813168925dpl:AdministrativeExpenses2022-03-012023-02-2813168925core:NetGoodwill2022-03-012023-02-2813168925core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2813168925dpl:GroupUndertakings2022-03-012023-02-2813168925dpl:ParticipatingInterests2022-03-012023-02-2813168925dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2813168925core:ListedExchangeTraded2022-03-012023-02-2813168925dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2813168925core:UnlistedNon-exchangeTraded2022-03-012023-02-2813168925core:NetGoodwill2024-02-2913168925core:IntangibleAssetsOtherThanGoodwill2024-02-2913168925core:LandBuildings2024-02-2913168925core:PlantMachinery2024-02-2913168925core:Vehicles2024-02-2913168925core:FurnitureFittings2024-02-2913168925core:OfficeEquipment2024-02-2913168925core:AfterOneYear2024-02-2913168925core:WithinOneYear2024-02-2913168925core:ListedExchangeTraded2024-02-2913168925core:UnlistedNon-exchangeTraded2024-02-2913168925core:ShareCapital2024-02-2913168925core:SharePremium2024-02-2913168925core:RevaluationReserve2024-02-2913168925core:OtherReservesSubtotal2024-02-2913168925core:RetainedEarningsAccumulatedLosses2024-02-2913168925core:NetGoodwill2023-02-2813168925core:IntangibleAssetsOtherThanGoodwill2023-02-2813168925core:LandBuildings2023-02-2813168925core:PlantMachinery2023-02-2813168925core:Vehicles2023-02-2813168925core:FurnitureFittings2023-02-2813168925core:OfficeEquipment2023-02-2813168925core:AfterOneYear2023-02-2813168925core:WithinOneYear2023-02-2813168925core:ListedExc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GRANT WAUGH MEEHAN LTD

Registered Number
13168925
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

GRANT WAUGH MEEHAN LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

GRANT, Chris
MEEHAN, Ben Bartley
WAUGH, Alan Stewart

Registered Address

Vicarage Chambers 9
Park Square East
Leeds
LS1 2LH

Registered Number

13168925 (England and Wales)
GRANT WAUGH MEEHAN LTD
Statement of Financial Position
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets39651,441
9651,441
Current assets
Debtors463,27771,871
Cash at bank and on hand65,99728,960
129,274100,831
Creditors amounts falling due within one year5(39,544)(51,649)
Net current assets (liabilities)89,73049,182
Total assets less current liabilities90,69550,623
Net assets90,69550,623
Capital and reserves
Called up share capital100100
Profit and loss account90,59550,523
Shareholders' funds90,69550,623
The financial statements were approved and authorised for issue by the Board of Directors on 1 October 2024, and are signed on its behalf by:
WAUGH, Alan Stewart
Director
Registered Company No. 13168925
GRANT WAUGH MEEHAN LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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 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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment33
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 March 232,8872,887
At 29 February 242,8872,887
Depreciation and impairment
At 01 March 231,4461,446
Charge for year476476
At 29 February 241,9221,922
Net book value
At 29 February 24965965
At 28 February 231,4411,441
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables54,83065,316
Other debtors1314,071
Prepayments and accrued income8,3162,484
Total63,27771,871
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-17,487
Taxation and social security26,10531,258
Other creditors471-
Accrued liabilities and deferred income12,9682,904
Total39,54451,649
6.Directors advances, credits and guarantees
During the period, C Grant had a loan account with the company. On 1st March 2023, the director owed the company £3,858. During the year, the company provided further loan advances of £387 and the director made repayments of £4,233. As at 29 February 2024, the director owed the company £12. No interest was charged on this loan. The loan is unsecured and repayable upon demand. During the period, B Meehan had a loan account with the company. On 1st March 2023, the director owed the company £2,998. During the year, the company provided further loan advances of £288 and the director made repayments of £3,758. As at 29 February 2024, the company owed the director £472. No interest was charged on this loan. The loan is unsecured and repayable upon demand. During the period, A Waugh had a loan account with the company. On 1st March 2023, the director owed the company £79. During the year, the company provided further loan advances of £295 and the director made repayments of £255. As at 29 February 2024, the director owed the company £119. No interest was charged on this loan. The loan is unsecured and repayable upon demand.