REGISTERED NUMBER: SC620265 (Scotland)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Grey Dog Digital Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J M Methven

REGISTERED OFFICE:

Lower Porterbelly Farm

Dalbeattie

Dumfries & Galloway

DG5 4NJ

REGISTERED NUMBER:

SC620265 (Scotland)

ACCOUNTANTS:

DAS Accountant

Cornerstone House

Station Road

Selkirk

Scottish Borders

TD7 5DJ

CURRENT ASSETS

Cash at bank

4,559

7,978

CREDITORS

Amounts falling due within one year

5

42,596

34,062

NET CURRENT LIABILITIES

(38,037

)

(26,084

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,037

)

(26,084

)

CREDITORS

Amounts falling due after more than one year

6

7,064

9,225

NET LIABILITIES

(45,101

)

(35,309

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(45,201

)

(35,409

)

SHAREHOLDERS' FUNDS

(45,101

)

(35,309

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 3 June 2026 and were signed by:

Ms J M Methven - Director

1.	STATUTORY INFORMATION

Grey Dog Digital 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.

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 March 2025

and 28 February 2026

2,507

DEPRECIATION

At 1 March 2025

and 28 February 2026

2,507

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts (see note 7)

1,944

1,944

Trade creditors

-

(1

)

Social security and other taxes

-

145

VAT

151

24

Directors' current accounts

40,501

31,950

42,596

34,062

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans (see note 7)

7,064

9,225

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,079

7.

LOANS

An analysis of the maturity of loans is given below:

28.2.26

28.2.25

£

£

Amounts falling due within one year or on demand:

Bank loans

1,944

1,944

28.2.26

28.2.25

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,944

2,314

Amounts falling due between two and five years:

Bank loans - 2-5 years

5,120

5,832

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,079

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

90

Ordinary A

1

90

100

10

Ordinary B

1

10

-

100

100

9.

RESERVES

Retained

earnings

£

At 1 March 2025

(35,409

)

Deficit for the year

(9,792

)

At 28 February 2026

(45,201

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

Ms J M Methven

Balance outstanding at start of year

(31,950

)

(19,475

)

Amounts advanced

4,460

4,605

Amounts repaid

(13,011

)

(17,080

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(40,501

)

(31,950

)

At the year end the company was due the director £40,501 (2025: £31,950). There are no specific repayment terms

and no interest has been charged.