IRIS Accounts Production v25.3.0.601 SC791553 director 1.1.25 31.12.25 31.12.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC791553 2024-12-31 SC791553 2025-12-31 SC791553 2025-01-01 2025-12-31 SC791553 2023-12-04 SC791553 2023-12-05 2024-12-31 SC791553 2024-12-31 SC791553 ns15:Scotland 2025-01-01 2025-12-31 SC791553 ns14:PoundSterling 2025-01-01 2025-12-31 SC791553 ns10:Director1 2025-01-01 2025-12-31 SC791553 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC791553 ns10:SmallEntities 2025-01-01 2025-12-31 SC791553 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC791553 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 SC791553 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC791553 ns10:FullAccounts 2025-01-01 2025-12-31 SC791553 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 SC791553 ns10:RegisteredOffice 2025-01-01 2025-12-31 SC791553 ns5:CurrentFinancialInstruments 2025-12-31 SC791553 ns5:CurrentFinancialInstruments 2024-12-31 SC791553 ns5:Non-currentFinancialInstruments 2025-12-31 SC791553 ns5:Non-currentFinancialInstruments 2024-12-31 SC791553 ns5:ShareCapital 2025-12-31 SC791553 ns5:ShareCapital 2024-12-31 SC791553 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 SC791553 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC791553 ns5:ShareCapital 2023-12-05 2024-12-31 SC791553 ns5:RetainedEarningsAccumulatedLosses 2023-12-05 2024-12-31 SC791553 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 SC791553 ns5:PlantMachinery 2025-01-01 2025-12-31 SC791553 ns5:PlantMachinery 2024-12-31 SC791553 ns5:PlantMachinery 2025-12-31 SC791553 ns5:PlantMachinery 2024-12-31 SC791553 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-01-01 2025-12-31 SC791553 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-12-31 SC791553 ns10:OrdinaryShareClass1 2025-12-31 SC791553 ns10:Director1 1 2024-12-31 SC791553 ns10:Director1 1 2023-12-04 SC791553 ns10:Director1 1 2025-01-01 2025-12-31 SC791553 ns10:Director1 1 2023-12-05 2024-12-31 SC791553 ns10:Director1 1 2025-12-31 SC791553 ns10:Director1 1 2024-12-31

REGISTERED NUMBER: SC791553 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

GRADWELL CONTRACTING LTD

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Statement of Changes in Equity | 3 |

| Notes to the Financial Statements | 4 |

| GRADWELL CONTRACTING LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTOR: | A T Gradwell

| REGISTERED OFFICE: | 2d Cademuir Drive

| Peebles

| EH45 9AQ

| REGISTERED NUMBER: | SC791553 (Scotland)

| ACCOUNTANTS: | Donachie Chartered Accountants

| 2nd Floor

| Templeton House

| 62 Templeton Street

| Glasgow

| G40 1DA

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 67,979 |  | 47,025 |  |

CURRENT ASSETS

Debtors | 5 | 15,075 |  | 10,234 |  |

Cash at bank | 17,153 |  | 24,175 |  |

32,228 |  | 34,409 |  |

CREDITORS

Amounts falling due within one year | 6 | 74,448 |  | 63,993 |  |

NET CURRENT LIABILITIES | (42,220 | ) | (29,584 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 25,759 |  | 17,441 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 16,827 |  | - |  |

NET ASSETS | 8,932 |  | 17,441 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1 |  | 1 |  |

Retained earnings | 8,931 |  | 17,440 |  |

SHAREHOLDERS' FUNDS | 8,932 |  | 17,441 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 14 January 2026 and were signed by:

A T Gradwell - Director

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Changes in equity

Issue of share capital | 1 |  | - |  | 1 |  |

Dividends | - |  | (33,500 | ) | (33,500 | ) |

Total comprehensive income | - |  | 50,940 |  | 50,940 |  |

Balance at 31 December 2024 | 1 |  | 17,440 |  | 17,441 |  |

Changes in equity

Dividends | - |  | (48,500 | ) | (48,500 | ) |

Total comprehensive income | - |  | 39,991 |  | 39,991 |  |

Balance at 31 December 2025 | 1 |  | 8,931 |  | 8,932 |  |

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Gradwell Contracting Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 25% on cost

| Taxation

| Taxation for the year comprises current and deferred 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 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement.

| Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal capital amounts outstanding at the period end. Issue costs relating to financial liabilities are deducted from the outstanding balance and are amortised over the period to the due date for repayment of the financial liability.

| An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. A financial liability is any contractual arrangement for an entity to deliver cash to the holder of the associated financial instrument.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| At 1 January 2025 | 59,490 |  |

| Additions | 43,253 |  |

| At 31 December 2025 | 102,743 |  |

| DEPRECIATION

| At 1 January 2025 | 12,465 |  |

| Charge for year | 22,299 |  |

| At 31 December 2025 | 34,764 |  |

| NET BOOK VALUE

| At 31 December 2025 | 67,979 |  |

| At 31 December 2024 | 47,025 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST

| Additions | 29,625 |  |

| At 31 December 2025 | 29,625 |  |

| DEPRECIATION

| Charge for year | 4,938 |  |

| At 31 December 2025 | 4,938 |  |

| NET BOOK VALUE

| At 31 December 2025 | 24,687 |  |

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 15,075 |  | 10,234 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 4,925 |  | - |  |

| Trade creditors | 3,480 |  | 403 |  |

| Corporation tax | 4,554 |  | 535 |  |

| Social security and other taxes | 38 |  | 45 |  |

| VAT | 8,930 |  | 8,196 |  |

| Directors' loan accounts | 50,521 |  | 52,814 |  |

| Accruals and deferred income | 2,000 |  | 2,000 |  |

74,448 |  | 63,993 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 16,827 |  | - |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 21,752 |  | - |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the year ended 31 December 2025 and the period ended 31 December 2024:

2025 | 2024 |

£ | £ |

| A T Gradwell

| Balance outstanding at start of year | (52,814 | ) | - |  |

| Amounts advanced | 2,293 |  | 38,049 |  |

| Amounts repaid | - |  | (90,863 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (50,521 | ) | (52,814 | ) |

GRADWELL CONTRACTING LTD (REGISTERED NUMBER: SC791553) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

11. | ULTIMATE CONTROLLING PARTY

| The controlling party is A T Gradwell.