G H COOK & SON LTD.


Directors	George Lamond Cook
	Karen Mary Cook


Registered Address	Skene Works
	Skene Street
	Strathmiglo
	KY14 7QL


Registered Number	SC298457 (Scotland)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		135,369		149,129
			135,369		149,129
Current assets
Stocks		31,050		74,225
Debtors	4	223,513		529,419
		254,563		603,644
Creditors amounts falling due within one year	5	(351,533)		(655,582)
Net current assets (liabilities)			(96,970)		(51,938)
Total assets less current liabilities			38,399		97,191
Creditors amounts falling due after one year	6		(1,667)		(11,667)
Provisions for liabilities			(5,726)		(8,266)
Net assets			31,006		77,258
Capital and reserves
Called up share capital			3		3
Revaluation reserve			22,720		22,720
Profit and loss account			8,283		54,535
Shareholders' funds			31,006		77,258

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 November 2025, and are signed on its behalf by:

George Lamond Cook
Director
Registered Company No. SC298457

G H COOK & SON LTD.

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The financial statements have been prepared on the going concern basis. The directors find it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of the directors who have confirmed they will not withdraw their directors loan account to the detriment of other creditors.

	Turnover policy
	Turnover represents net invoiced provision of services during the year, exclusive of value added tax.

	Employee 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Land and Buildings : 0% on cost and 10% on cost Plant and Machinery: 20% reducing balance Vehicles: 20% reducing balance Office Equipment: 33% on cost.

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete or slow moving items. Cost comprises all direct expenditure incurred in bringing stock to its current location and condition. Work in progress is valued on the basis of direct costs incurred to the relevant stage of completion. Provision is made for any foreseeable loss, where appropriate. No element of profit is included in the valuation of work in progress.

Stocks and work in progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete or slow moving items. Cost comprises all direct expenditure incurred in bringing stock to its current location and condition.

Work in progress is valued on the basis of direct costs incurred to the relevant stage of completion. Provision is made for any foreseeable loss, where appropriate. No element of profit is included in the valuation of work in progress.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		15

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	110,298	25,059	77,810	2,046	215,213
Additions	-	127	-	-	127
Disposals	-	-	(21,060)	-	(21,060)
At 31 March 25	110,298	25,186	56,750	2,046	194,280
Depreciation and impairment
At 01 April 24	6,869	20,058	38,624	533	66,084
Charge for year	916	1,017	7,194	584	9,711
On disposals	-	-	(16,884)	-	(16,884)
At 31 March 25	7,785	21,075	28,934	1,117	58,911
Net book value
At 31 March 25	102,513	4,111	27,816	929	135,369
At 31 March 24	103,429	5,001	39,186	1,513	149,129

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	215,568	520,361
Other debtors	6,249	5,333
Prepayments and accrued income	1,696	3,725
Total	223,513	529,419

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	139,009	363,255
Bank borrowings and overdrafts	47,182	73,645
Taxation and social security	27,717	80,298
Other creditors	128,652	114,102
Accrued liabilities and deferred income	8,973	24,282
Total	351,533	655,582


	The bank overdraft is secured over the company freehold property and a bond and floating charge over the whole assets of the company.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,667	11,667
Total	1,667	11,667