REGISTERED NUMBER: SC241639 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

G & M WHYTE CATERERS LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G B Whyte

Mrs M Hunter

REGISTERED OFFICE:

The Office

Crannoch Lodge

Crossroads

Keith

AB55 6NA

REGISTERED NUMBER:

SC241639 (Scotland)

ACCOUNTANTS:

John M Taylor & Co

Chartered Accountants

9 Glasgow Road

PAISLEY

Renfrewshire

PA1 3QS

FIXED ASSETS

296,738

Tangible assets

5

352,662

CURRENT ASSETS

3,550

Stocks

3,900

11,932

Debtors

6

21,538

467,660

Cash at bank and in hand

585,254

483,142

610,692

CREDITORS

157,585

Amounts falling due within one year

7

160,739

325,557

NET CURRENT ASSETS

449,953

622,295

TOTAL ASSETS LESS CURRENT LIABILITIES

802,615

CREDITORS

(5,833

)

Amounts falling due after more than one year

8

-

(74,185

)

PROVISIONS FOR LIABILITIES

10

(88,166

)

542,277

NET ASSETS

714,449

CAPITAL AND RESERVES

10,000

Called up share capital

10,000

532,277

Retained earnings

704,449

542,277

SHAREHOLDERS' FUNDS

714,449

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 directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2026 and were signed on its behalf by:

G B Whyte - Director

1.	STATUTORY INFORMATION

G & M Whyte Caterers 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents the total value of invoiced and cash sales made during the period, less credit notes and excluding value added tax.

Revenue is recognised when goods or services are received by the customer and the risks and rewards of ownership have been passed to them. Revenue is measured at the fair value of consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts and value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant & machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% 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 represents the sum of tax currently payable and deferred tax on a non discounted basis.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period which the liability is settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the shareholders. These amounts are recognised in the statement of changes in equity.

Financial instruments

Basic financial instruments are recognised at amortised cost. Financial assets and liabilties are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

Cash & cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant &

and

Motor

Computer

Totals

machinery

fittings

vehicles

equipment

£

£

£

£

£

COST

At 1 January 2025

418,659

220,502

9,809

187,769

579

Additions

120,859

73,558

-

47,301

-

Disposals

(14,299

)

-

-

(14,299

)

-

At 31 December 2025

525,219

294,060

9,809

220,771

579

DEPRECIATION

At 1 January 2025

121,921

68,643

1,716

50,985

577

Charge for year

56,154

31,598

1,214

23,340

2

Eliminated on disposal

(5,518

)

-

-

(5,518

)

-

At 31 December 2025

172,557

100,241

2,930

68,807

579

NET BOOK VALUE

At 31 December 2025

352,662

193,819

6,879

151,964

-

At 31 December 2024

296,738

151,859

8,093

136,784

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

3,697

180

Other debtors

17,841

11,752

21,538

11,932

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

2,954

3,093

Taxation and social security

118,320

72,335

Other creditors

39,465

82,157

160,739

157,585

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

-

5,833

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Obligations under hire purchase contracts are secured over the assets to which they relate.

10.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

88,166

74,185

Deferred

tax

£

Balance at 1 January 2025

74,185

Provided during year

13,981

Balance at 31 December 2025

88,166

This is in respect of accelerated capital allowance.

11.	RELATED PARTY DISCLOSURES

At the year end there was a balance due to the directors of £21,873 (2024 £62,708). Interest was charged at 3% and the balance has no fixed repayment term.

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.