REGISTERED NUMBER: SC589342 (Scotland)

WE R GOOD LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J K Hendry

Mrs L L Hendry

J K Hendry Jnr

REGISTERED OFFICE:

1 Villlage Drive

Red Deer Village

Stepps

Glasgow

G33 6FQ

REGISTERED NUMBER:

SC589342 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

622

1,243

CURRENT ASSETS

Debtors

5

53,352

50,208

Cash at bank

5,655

31,151

59,007

81,359

CREDITORS

Amounts falling due within one year

6

41,258

28,682

NET CURRENT ASSETS

17,749

52,677

TOTAL ASSETS LESS CURRENT LIABILITIES

18,371

53,920

CREDITORS

Amounts falling due after more than one year

7

5,544

14,863

NET ASSETS

12,827

39,057

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

12,707

38,937

SHAREHOLDERS' FUNDS

12,827

39,057

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 December 2025 and were signed on its behalf by:

J K Hendry - Director

J K Hendry Jnr - Director

1.	STATUTORY INFORMATION

We R Good 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.

Turnover

Turnover represents sales of goods and services provided during the year, excluding value added tax.

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.

Plant and machinery etc

-

20% on cost

Financial instruments

Basic financial instruments, including trade and other debtors, trade and other creditors and bank loans are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

3,107

DEPRECIATION

At 1 April 2024

1,864

Charge for year

621

At 31 March 2025

2,485

NET BOOK VALUE

At 31 March 2025

622

At 31 March 2024

1,243

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

50,016

49,712

Tax recoverable

3,336

496

53,352

50,208

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,318

9,088

Director's loan account

29,690

13,500

Taxation and social security

-

3,236

Other creditors

2,250

2,858

41,258

28,682

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

5,544

14,863

8.	RELATED PARTY DISCLOSURES