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Company Registration No. SC746258 (Scotland)
Graham Aherne Ltd Unaudited accounts for the year ended 31 October 2025
Graham Aherne Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Graham Aherne Ltd Company Information for the year ended 31 October 2025
Directors
Paul Graham Leigh Graham
Company Number
SC746258 (Scotland)
Registered Office
49 Cameron Street Dunfermline Fife KY12 8DP Scotland
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Graham Aherne Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
346,578 
346,578 
Current assets
Debtors
5
1,400 
1,400 
Cash at bank and in hand
5,906 
2,688 
7,306 
4,088 
Creditors: amounts falling due within one year
6
(150,010)
(146,305)
Net current liabilities
(142,704)
(142,217)
Total assets less current liabilities
203,874 
204,361 
Creditors: amounts falling due after more than one year
7
(257,251)
(257,251)
Net liabilities
(53,377)
(52,890)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(53,379)
(52,892)
Shareholders' funds
(53,377)
(52,890)
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
Leigh Graham Director Company Registration No. SC746258
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Graham Aherne Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Graham Aherne Ltd is a private company, limited by shares, registered in Scotland, registration number SC746258. The registered office is 49 Cameron Street, Dunfermline, Fife, KY12 8DP, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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 within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
Going concern
The company incurred losses in the year and has a deficient Balance Sheet. An element of the loss incurred in the year relates to refurbishment works prior to rental and the properties being vacant for part of the year. The directors have prepared financial projections and considered the company’s cash flow requirements covering a period of at least 12 months from the date of approval of the accounts. The directors acknowledge the company’s future is reliant upon the continued support of its creditors. The directors are satisfied however, that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider it appropriate to prepare the accounts on a going concern basis.
4
Investment property
2025 
£ 
Fair value at 1 November 2024
346,578 
At 31 October 2025
346,578 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,400 
1,400 
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Graham Aherne Ltd Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
1,400 
1,400 
Loans from directors
148,610 
144,905 
150,010 
146,305 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
257,251 
257,251 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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