REGISTERED NUMBER: SC452329 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

G & G Rooney Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Rooney

REGISTERED OFFICE:

17 Craighill Terrace

Tain

Ross-shire

IV19 1ER

REGISTERED NUMBER:

SC452329 (Scotland)

ACCOUNTANTS:

Mackay & Co

Chartered Accountants

Unit 8

Golspie Business Park

Golspie

Sutherland

KW10 6UB

FIXED ASSETS

Tangible assets

4

272,576

284,585

Investments

5

2,000

2,000

274,576

286,585

CURRENT ASSETS

Stocks

16,000

12,000

Debtors

6

417,053

391,477

Cash at bank and in hand

213,973

142,021

647,026

545,498

CREDITORS

Amounts falling due within one year

151,289

153,580

NET CURRENT ASSETS

495,737

391,918

TOTAL ASSETS LESS CURRENT LIABILITIES

770,313

678,503

CREDITORS

Amounts falling due after more than one year

(10,864

)

(20,758

)

PROVISIONS FOR LIABILITIES

(28,446

)

(30,728

)

ACCRUALS AND DEFERRED INCOME

(83,600

)

(106,730

)

NET ASSETS

647,403

520,287

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

647,402

520,286

647,403

520,287

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 December 2025 and were signed by:

G Rooney - Director

1.	STATUTORY INFORMATION

G & G Rooney 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.

Plant and machinery etc

-

straight line over 3 years, 20% on cost, 15% on reducing balance, 10% on reducing balance and 2% on cost

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

470,202

Additions

6,747

Disposals

(374

)

At 30 June 2025

476,575

DEPRECIATION

At 1 July 2024

185,617

Charge for year

18,507

Eliminated on disposal

(125

)

At 30 June 2025

203,999

NET BOOK VALUE

At 30 June 2025

272,576

At 30 June 2024

284,585

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 July 2024

and 30 June 2025

2,000

NET BOOK VALUE

At 30 June 2025

2,000

At 30 June 2024

2,000

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Amounts owed by associates

289,693

220,672