GRAHAM DEVELOPMENTS (UK) LIMITED

Company Registration Number:
SC291390 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

GRAHAM DEVELOPMENTS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

GRAHAM DEVELOPMENTS (UK) LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 283,244 315,617
Total fixed assets: 283,244 315,617
Current assets
Stocks: 256,812 249,941
Debtors:   749,365 356,053
Cash at bank and in hand: 239,221 493,121
Total current assets: 1,245,398 1,099,115
Creditors: amounts falling due within one year:   (266,281) (215,307)
Net current assets (liabilities): 979,117 883,808
Total assets less current liabilities: 1,262,361 1,199,425
Creditors: amounts falling due after more than one year:   (51,059) (87,801)
Provision for liabilities: (70,663) (78,699)
Total net assets (liabilities): 1,140,639 1,032,925
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,140,637 1,032,923
Shareholders funds: 1,140,639 1,032,925

The notes form part of these financial statements

GRAHAM DEVELOPMENTS (UK) LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: Scott W Graham
Status: Director

The notes form part of these financial statements

GRAHAM DEVELOPMENTS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GRAHAM DEVELOPMENTS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

GRAHAM DEVELOPMENTS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 548,488
Additions 37,112
At 31 March 2024 585,600
Depreciation
At 01 April 2023 232,871
Charge for year 69,485
At 31 March 2024 302,356
Net book value
At 31 March 2024 283,244
At 31 March 2023 315,617

GRAHAM DEVELOPMENTS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Financial commitments

At 31st March 2024 the company was committed to making total payments under non cancellable operating leases of £3600 (2023. £8400)

GRAHAM DEVELOPMENTS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: At 31 March 2024 the company's director had provided interest free loans to the company of £ 65,081(2023, £53,970). There are no fixed payment terms for these loan
£
Balance at 01 April 2023 53,970
Balance at 31 March 2024 65,081