Bannerman and Bannerman Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC326313 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Bannerman and Bannerman Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J S Bannerman

SECRETARY:

Ms J S Bannerman

REGISTERED OFFICE:

62 Manse Road

Bearsden

Glasgow

G61 3PN

REGISTERED NUMBER:

SC326313 (Scotland)

ACCOUNTANTS:

Clements

Chartered Accountants

39 St Vincent Place

Glasgow

G1 2ER

FIXED ASSETS

Investments

4

-

1,240,363

CURRENT ASSETS

Cash at bank

1,527,125

-

CREDITORS

Amounts falling due within one year

5

1,216,897

1,216,597

NET CURRENT ASSETS/(LIABILITIES)

310,228

(1,216,597

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

310,228

23,766

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

310,128

23,666

SHAREHOLDERS' FUNDS

310,228

23,766

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 20 October 2025 and were signed by:

Ms J S Bannerman - Director

1.	STATUTORY INFORMATION

Bannerman and Bannerman 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company only has basic financial assets and 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.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

1,240,363

Disposals

(1,240,363

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

1,240,363

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Stronvar Limited

Registered office: 62 Manse Road, Bearsden, Glasgow, G61 3PN.

Nature of business: Pharmacy

%

Class of shares:

holding

Ordinary £1 shares

30.6.25

30.6.24

£

Aggregate capital and reserves

-

419,679

Profit for the year

-

85,027

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Other creditors

1,216,897

1,216,597

Included in other creditors is the director's current account which is unsecured, interest free and repayable on demand.

6.	RELATED PARTY DISCLOSURES

Dividends paid to the director and her family totalled £Nil (2024 - £16,667).