REGISTERED NUMBER: 08437261 (England and Wales)

David Graham Au Ltd

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G F Harling

Mrs C Harling

SECRETARY:

Mrs C Harling

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

08437261 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

17,821

15,826

17,821

15,826

CURRENT ASSETS

Stocks

6

6,874

25,456

Debtors

7

71,145

37,206

Cash at bank

56,619

21,146

134,638

83,808

CREDITORS

Amounts falling due within one year

8

95,974

72,740

NET CURRENT ASSETS

38,664

11,068

TOTAL ASSETS LESS CURRENT LIABILITIES

56,485

26,894

CREDITORS

Amounts falling due after more than one year

9

(1,666

)

(12,500

)

PROVISIONS FOR LIABILITIES

(3,299

)

(4,252

)

NET ASSETS

51,520

10,142

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

51,516

10,138

SHAREHOLDERS' FUNDS

51,520

10,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 3 September 2025 and were signed on its behalf by:

G F Harling - Director

1.	STATUTORY INFORMATION

David Graham Au Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Turnover represent net invoiced sales of jewellery after adjustments for opening and closing accrued income, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Stocks

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

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.

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.

Pension costs and other post-retirement benefits

The company makes contributions on behalf of the directors to their individual pension schemes. Pension scheme contributions are charged to the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

7,000

AMORTISATION

At 1 April 2024

and 31 March 2025

7,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024

5,434

93,078

98,512

Additions

-

7,296

7,296

At 31 March 2025

5,434

100,374

105,808

DEPRECIATION

At 1 April 2024

1,653

81,033

82,686

Charge for year

466

4,835

5,301

At 31 March 2025

2,119

85,868

87,987

NET BOOK VALUE

At 31 March 2025

3,315

14,506

17,821

At 31 March 2024

3,781

12,045

15,826

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

6,874

25,456

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

64,884

30,811

Other debtors

5,481

5,491

Prepayments and accrued income

780

904

71,145

37,206

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank overdraft

22,930

10,000

Trade creditors

15,590

1,450

Taxation and social security

50,985

58,511

Other creditors

6,469

2,779

95,974

72,740

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,666

12,500