REGISTERED NUMBER: SC130119 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

W.Y. GRAHAM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs I G Graham

Ms J G L Ganson

Ms S L W Love

REGISTERED OFFICE:

9 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

REGISTERED NUMBER:

SC130119 (Scotland)

ACCOUNTANTS:

John M Taylor & Co

Chartered Accountants

9 Glasgow Road

PAISLEY

Renfrewshire

PA1 3QS

FIXED ASSETS

32,829

Tangible assets

5

33,490

CURRENT ASSETS

70,346

Stocks

70,896

249,522

Debtors

6

214,140

364,381

Cash at bank and in hand

287,156

684,249

572,192

CREDITORS

276,938

Amounts falling due within one year

7

285,346

407,311

NET CURRENT ASSETS

286,846

440,140

TOTAL ASSETS LESS CURRENT LIABILITIES

320,336

CAPITAL AND RESERVES

25,000

Called up share capital

25,000

415,140

Retained earnings

295,336

440,140

SHAREHOLDERS' FUNDS

320,336

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 December 2025 and were signed on its behalf by:

Mrs I G Graham - Director

1.	STATUTORY INFORMATION

W.Y. 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The significant accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

The turnover shown in the profit and loss account comprises sales of goods and services at invoice value excluding value added tax.

The risks and rewards of ownership of goods and services are deemed to have been transferred when the goods or services are delivered to, or are picked up by the customer.

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.

Leasehold Improvements

-

10% on cost

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets held for the companies own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost. Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

Taxation

Taxation represents the sum of tax currently payable and deferred tax on a non discounted basis.

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 which the liability is settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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 and other post-retirement benefits

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

Dividend

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand as well as deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 28 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Motor

Computer

Totals

Improvements

fittings

vehicles

equipment

£

£

£

£

£

COST

At 1 August 2024

207,745

87,913

69,886

32,996

16,950

Additions

8,863

-

-

-

8,863

At 31 July 2025

216,608

87,913

69,886

32,996

25,813

DEPRECIATION

At 1 August 2024

174,916

87,913

49,634

20,684

16,685

Charge for year

8,202

-

2,026

3,078

3,098

At 31 July 2025

183,118

87,913

51,660

23,762

19,783

NET BOOK VALUE

At 31 July 2025

33,490

-

18,226

9,234

6,030

At 31 July 2024

32,829

-

20,252

12,312

265

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

146,469

168,327

Other debtors

67,671

81,195

214,140

249,522

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

224,172

219,762

Taxation and social security

13,574

10,313

Other creditors

47,600

46,863

285,346

276,938

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

£

Mrs I G Graham

Balance outstanding at start of year

34,054

24,050

Amounts advanced

-

11,206

Amounts repaid

(34,054

)

(1,202

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

34,054

This amount is interest free and has no fixed repayment terms.

During the year under review the company rented property from a director at a rent of £10,800 (2024 £10,800).

9.	ULTIMATE CONTROLLING PARTY