Company Registration No. 08658058 (England and Wales)
Graham & Graham (Hull) Limited
Unaudited accounts
for the year ended 31 March 2025
Graham & Graham (Hull) Limited
Unaudited accounts
Contents
Graham & Graham (Hull) Limited
Company Information
for the year ended 31 March 2025
Company Number
08658058 (England and Wales)
Registered Office
14 The Haven
Victoria Dock
Hull
HU9 1TH
Accountants
Port Accounting Services Limited
7, Bridge View Park
Henry Boot Way
HULL
HU4 7DW
Graham & Graham (Hull) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,546
1,934
Cash at bank and in hand
74,928
77,912
Creditors: amounts falling due within one year
(33,807)
(45,759)
Net current assets
109,786
100,018
Total assets less current liabilities
111,332
101,952
Creditors: amounts falling due after more than one year
(9,955)
(4,120)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
100,968
97,248
Shareholders' funds
101,068
97,348
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 August 2025 and were signed on its behalf by
Duncan Graham
Director
Company Registration No. 08658058
Graham & Graham (Hull) Limited
Notes to the Accounts
for the year ended 31 March 2025
Graham & Graham (Hull) Limited is a private company, limited by shares, registered in England and Wales, registration number 08658058. The registered office is 14 The Haven, Victoria Dock, Hull, HU9 1TH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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. Deferred 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 assets and liabilities are not discounted.
Graham & Graham (Hull) Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
2,745
5,967
8,712
At 31 March 2025
2,745
5,967
8,712
At 1 April 2024
2,278
4,500
6,778
Charge for the year
94
294
388
At 31 March 2025
2,372
4,794
7,166
At 31 March 2025
373
1,173
1,546
At 31 March 2024
467
1,467
1,934
Amounts falling due within one year
Trade debtors
66,400
65,600
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
27,928
31,604
Taxes and social security
5,379
13,655
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
4,120
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).