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REGISTERED NUMBER: SC248731 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

THOMAS GRANT (BROCKLEES) LIMITED

THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THOMAS GRANT (BROCKLEES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTORS: Mrs J N Grant
T Grant
T Grant Jnr





SECRETARY: Mrs J N Grant





REGISTERED OFFICE: Brocklees Farm
Darvel
Ayrshire
KA17 ONG





REGISTERED NUMBER: SC248731 (Scotland)





ACCOUNTANTS: Galbraith Pritchards
20 Barns Street
Ayr
Ayrshire
KA7 1XA

THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

BALANCE SHEET
30 APRIL 2025

30/4/25 30/4/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,871,856 3,540,708

CURRENT ASSETS
Debtors 5 1,098,956 863,985
Cash at bank 160,509 126,670
1,259,465 990,655
CREDITORS
Amounts falling due within one year 6 1,327,369 1,596,733
NET CURRENT LIABILITIES (67,904 ) (606,078 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,803,952

2,934,630

CREDITORS
Amounts falling due after more than one
year

7

(1,310,839

)

(968,326

)

PROVISIONS FOR LIABILITIES 8 (404,537 ) (270,407 )
NET ASSETS 2,088,576 1,695,897

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,088,476 1,695,797
SHAREHOLDERS' FUNDS 2,088,576 1,695,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

BALANCE SHEET - continued
30 APRIL 2025


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 25 July 2025 and were signed on its behalf by:





T Grant - Director


THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025


1. STATUTORY INFORMATION

Thomas Grant (Brocklees) 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.

CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
In the application of the company's accounting policies, which are described in note 2, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

TURNOVER
Turnover 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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

FINANCIAL INSTRUMENTS
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
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 31 (2024 - 41 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2024 6,328,878 160,980 6,489,858
Additions 1,235,000 22,890 1,257,890
Disposals (679,754 ) - (679,754 )
At 30 April 2025 6,884,124 183,870 7,067,994
DEPRECIATION
At 1 May 2024 2,860,126 89,024 2,949,150
Charge for year 742,826 19,385 762,211
Eliminated on disposal (515,223 ) - (515,223 )
At 30 April 2025 3,087,729 108,409 3,196,138
NET BOOK VALUE
At 30 April 2025 3,796,395 75,461 3,871,856
At 30 April 2024 3,468,752 71,956 3,540,708

THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2024 3,935,082 81,630 4,016,712
Additions 1,235,000 22,890 1,257,890
Transfer to ownership (1,720,792 ) (27,430 ) (1,748,222 )
At 30 April 2025 3,449,290 77,090 3,526,380
DEPRECIATION
At 1 May 2024 1,309,567 33,406 1,342,973
Charge for year 413,288 9,755 423,043
Transfer to ownership (751,809 ) (12,645 ) (764,454 )
At 30 April 2025 971,046 30,516 1,001,562
NET BOOK VALUE
At 30 April 2025 2,478,244 46,574 2,524,818
At 30 April 2024 2,625,515 48,224 2,673,739

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Trade debtors 962,978 777,119
Amounts recoverable on contract 90,228 86,866
VAT 45,750 -
1,098,956 863,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Hire purchase contracts 867,350 897,429
Trade creditors 314,451 319,483
VAT - 205,786
Directors' current accounts 33,772 32,772
Accrued expenses 111,796 141,263
1,327,369 1,596,733

THOMAS GRANT (BROCKLEES) LIMITED (REGISTERED NUMBER: SC248731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/25 30/4/24
£    £   
Hire purchase contracts 690,317 400,640
Other creditors 620,522 567,686
1,310,839 968,326

8. PROVISIONS FOR LIABILITIES
30/4/25 30/4/24
£    £   
Deferred tax 404,537 270,407

Deferred
tax
£   
Balance at 1 May 2024 270,407
Provided during year 134,130
Balance at 30 April 2025 404,537

9. RELATED PARTY DISCLOSURES

Included in creditors at the year end is the directors' current account of £33,772 (2024 £32,772). The loan has no
fixed terms of repayment and is free from interest charges.

Included in other creditors at the year end is £620,522 (2024 £567,686) due from Thomas Grant & Son, a partnership which is equally owned by the directors.

10. ULTIMATE CONTROLLING PARTY

The directors consider that there is no ultimate controlling party as the directors, Mr and Mrs Grant, each own
50% of the issued share capital of the company.