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REGISTERED NUMBER: SC394569 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

J&M Graham Limited

J&M Graham Limited (Registered number: SC394569)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J&M Graham Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs M Graham
J Graham





REGISTERED OFFICE: 89 High Street
Haddington
East Lothian
EH41 3ET





REGISTERED NUMBER: SC394569 (Scotland)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

J&M Graham Limited (Registered number: SC394569)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible fixed assets 4 819 267

CURRENT ASSETS
Inventories 82,310 84,367
Debtors 5 4,646 4,830
Cash at bank 162,728 127,993
249,684 217,190
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

28,290

22,896
NET CURRENT ASSETS 221,394 194,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,213

194,561

PROVISIONS FOR LIABILITIES 51 51
NET ASSETS 222,162 194,510

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 222,160 194,508
222,162 194,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

J&M Graham Limited (Registered number: SC394569)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by:





Mrs M Graham - Director


J&M Graham Limited (Registered number: SC394569)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

J&M Graham Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation has been provided at the following rates in order to write off the assets over their estimates useful lives:

Land & Buildings 10% on Cost
Plant & Machinery 25% on Cost
Fixtures & Fittings 25% on Cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deterred tax is provided in full on timing differences which result in an obligation to pay more (or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.

Deferred tax assets and liabilities are not discounted.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

J&M Graham Limited (Registered number: SC394569)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 3,330 6,212 7,662 - 17,204
Additions - - - 905 905
At 30 June 2024 3,330 6,212 7,662 905 18,109
DEPRECIATION
At 1 July 2023 3,330 5,945 7,662 - 16,937
Charge for year - 267 - 86 353
At 30 June 2024 3,330 6,212 7,662 86 17,290
NET BOOK VALUE
At 30 June 2024 - - - 819 819
At 30 June 2023 - 267 - - 267

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 4,646 4,830

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 4,154 3,277
Tax 6,818 3,612
VAT 7,719 5,324
Other creditors 4,208 5,112
Directors' loan accounts 5,391 5,571
28,290 22,896