REGISTERED NUMBER: SC430923 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

AH&Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P F W Mannings

C D Anderson

G Hollywood

REGISTERED OFFICE:

6 Logie Mill

Edinburgh

Lothian

EH7 4HG

REGISTERED NUMBER:

SC430923 (Scotland)

ACCOUNTANTS:

A H & Co Ltd

Chartered Accountants

6 Logie Mill

Edinburgh

Lothian

EH7 4HG

FIXED ASSETS

Intangible assets

4

211,305

237,705

Tangible assets

5

36,859

43,885

248,164

281,590

CURRENT ASSETS

Stocks

50,055

36,967

Debtors

6

228,393

199,437

Cash at bank and in hand

99,048

138,136

377,496

374,540

CREDITORS

Amounts falling due within one year

7

(606,824

)

(538,020

)

NET CURRENT LIABILITIES

(229,328

)

(163,480

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,836

118,110

CREDITORS

Amounts falling due after more than one year

8

(11,733

)

(26,839

)

PROVISIONS FOR LIABILITIES

10

(7,003

)

(7,339

)

NET ASSETS

100

83,932

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

-

83,832

SHAREHOLDERS' FUNDS

100

83,932

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

P F W Mannings - Director

C D Anderson - Director

G Hollywood - Director

1.	STATUTORY INFORMATION

AH&Co 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.

The financial statements have been prepared on a going concern basis on the assumption that the company will continue to receive the support of the directors.

Turnover

Turnover from the supply of services represents the value of services provided under contracts to the extent that is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the balance sheet date

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight line basis over its expected useful life, as follows;

Fixtures & Fittings

-

25% on cost

Computer Equipment

-

25% on cost

Improvements to property

-

12.5% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company has only financial assets and financial 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. Tax is recognised in the Statement of Income and Retained Earnings, 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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cashflow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

528,154

AMORTISATION

At 1 May 2024

290,449

Amortisation for year

26,400

At 30 April 2025

316,849

NET BOOK VALUE

At 30 April 2025

211,305

At 30 April 2024

237,705

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

19,373

27,246

70,764

117,383

Additions

-

471

12,390

12,861

Disposals

-

(353

)

(19,709

)

(20,062

)

At 30 April 2025

19,373

27,364

63,445

110,182

DEPRECIATION

At 1 May 2024

4,843

20,777

47,878

73,498

Charge for year

2,422

3,358

13,908

19,688

Eliminated on disposal

-

(154

)

(19,709

)

(19,863

)

At 30 April 2025

7,265

23,981

42,077

73,323

NET BOOK VALUE

At 30 April 2025

12,108

3,383

21,368

36,859

At 30 April 2024

14,530

6,469

22,886

43,885

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

185,613

152,985

Other debtors

42,780

46,452

228,393

199,437

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

15,789

14,090

Trade creditors

103,636

39,842

Taxation and social security

194,909

152,909

Other creditors

292,490

331,179

606,824

538,020

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

5,441

15,153

Other creditors

6,292

11,686

11,733

26,839

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.25

30.4.24

£

£

Within one year

50,600

40,000

Between one and five years

151,000

160,000

201,600

200,000

10.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

6,188

7,339

Provision for bad debtors

815

-

7,003

7,339

Deferred

Bad

tax

debts

£

£

Balance at 1 May 2024

7,339

-

Provided during year

(1,151

)

815

Balance at 30 April 2025

6,188

815

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 April 2025, the company owed the directors £178,230 (2024 - £223,233).

13.	RELATED PARTY DISCLOSURES

At the year end, the company owed £76,857 to a company with common shareholders and directors (2024; none).