J & J Graham Limited 31/03/2026 iXBRL

Company registration number: 08049289

J & J Graham Limited

Unaudited filleted financial statements

For the year ended

31 March 2026

J & J Graham Limited

Contents

Statement of financial position

Notes to the financial statements

J & J Graham Limited

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	3	39,121		39,762
		________		________
			39,121		39,762

Current assets
Stocks		23,172		25,926
Debtors	4	38,857		52,001
Cash at bank and in hand		9,006		7,120
		________		________
		71,035		85,047
Creditors: amounts falling due
within one year	5	( 57,966)		( 64,472)
		________		________
Net current assets			13,069		20,575
			________		________
Total assets less current liabilities			52,190		60,337

Creditors: amounts falling due
after more than one year	6		( 17,822)		( 22,896)

Provisions for liabilities			( 6,546)		( 6,598)

			________		________
Net assets			27,822		30,843
			________		________

Capital and reserves
Called up share capital			100		100
Profit and loss account			27,722		30,743
			________		________
Shareholders funds			27,822		30,843
			________		________

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 11 June 2026 , and are signed on behalf of the board by:

Mr A D Reading

Director

Company registration number: 08049289

J & J Graham Limited

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Revaluation reserve	Profit and loss account	Total
	£	£	£	£


At 1 April 2024	100	-	19,245	19,345

Profit for the year			44,927	44,927
	________	________	________	________
Total comprehensive income for the year	-	-	44,927	44,927

Dividends paid			( 33,429)	( 33,429)
	________	________	________	________
Total investments by and distributions to owners	-	-	( 33,429)	( 33,429)

	________	________	________	________
At 31 March 2025 and 1 April 2025	100	-	30,743	30,843

Profit for the year			29,979	29,979
	________	________	________	________
Total comprehensive income for the year	-	-	29,979	29,979

Dividends paid			( 33,000)	( 33,000)
	________	________	________	________
Total investments by and distributions to owners	-	-	( 33,000)	( 33,000)

	________	________	________	________
At 31 March 2026	100	-	27,722	27,822
	________	________	________	________

J & J Graham Limited

Notes to the financial statements

Year ended 31 March 2026

1. Accounting policies

General information

The company is a private company limited by shares, registered in England and Wales, registration number 08049289 . The address of the registered office is A D Reading, 6-7 Market Square, Penrith, Cumbria, CA11 7BS.

Basis of preparation

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied with the same financial statements.

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. It includes the relevant proportion of contract values where work is partially performed in the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	4 %	straight line
Fittings fixtures and equipment	-	15 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Deferred taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2025: 14 ).

3. Tangible assets

	Long leasehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2025	15,109	91,650	106,759
Additions	-	4,415	4,415
	________	________	________
At 31 March 2026	15,109	96,065	111,174
	________	________	________
Depreciation
At 1 April 2025	1,740	65,257	66,997
Charge for the year	435	4,621	5,056
	________	________	________
At 31 March 2026	2,175	69,878	72,053
	________	________	________
Carrying amount
At 31 March 2026	12,934	26,187	39,121
	________	________	________
At 31 March 2025	13,369	26,393	39,762
	________	________	________

4. Debtors

	2026	2025
	£	£
Other debtors	38,857	52,001
	________	________

5. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	5,074	4,949
Trade creditors	32,729	29,837
Corporation tax	7,202	9,010
Taxation and social security	4,020	2,515
Other creditors	8,941	18,161
	________	________
	57,966	64,472
	________	________

6. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	17,822	22,896
	________	________

7. Directors advances, credits and guarantees

During the year the company made advances to Mr A Reading & Mrs J Ashby, directors, totalling £20, 063 (2025 - £30,878). No repayments were made by 31 March 2026 and so the balance outstanding at the year end, 31 March 2026, was £20,063 (2025 - £30,878). Where applicable interest has been charged at the HMRC approved rate of 3.75%. All loans are repayable on demand.