GRANITE NETHY LTD

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: SC673561

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		499,061		499,061

			499,061		499,061
CURRENT ASSETS
Cash at bank and in hand		4,008		2,999

		4,008		2,999
Creditors: Amounts Falling Due Within One Year	5	(318,988 )		(310,665 )

NET CURRENT ASSETS (LIABILITIES)			(314,980 )		(307,666 )

TOTAL ASSETS LESS CURRENT LIABILITIES			184,081		191,395

Creditors: Amounts Falling Due After More Than One Year	6		(188,350 )		(189,567 )

NET (LIABILITIES)/ASSETS			(4,269 )		1,828

CAPITAL AND RESERVES
Called up share capital	7		4		4
Income Statement			(4,273 )		1,824

SHAREHOLDERS' FUNDS			(4,269)		1,828

Page 1

Page 2

GRANITE NETHY LTD

Statement of Financial Position (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Douglas MACPHEE

Director

8th May 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

GRANITE NETHY LTD is a private company, limited by shares, incorporated in Scotland, registered number SC673561 . The registered office is 11c Gatehead Road, Crosshouse, Kilmarnock, Scotland, KA2 0HN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

NIL

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 October 2024	499,061

As at 30 September 2025	499,061

Net Book Value
As at 30 September 2025	499,061

As at 1 October 2024	499,061

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	8,620	8,620
Other creditors	310,368	302,045

	318,988	310,665

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	188,350	189,567

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GRANITE NETHY LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4