Graham Southern Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12501902

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,232		2,716

			3,232		2,716
CURRENT ASSETS
Debtors	5	55,114		18,790
Cash at bank and in hand		148,254		936,158

		203,368		954,948
Creditors: Amounts Falling Due Within One Year	6	(113,975 )		(762,487 )

NET CURRENT ASSETS (LIABILITIES)			89,393		192,461

TOTAL ASSETS LESS CURRENT LIABILITIES			92,625		195,177

NET ASSETS			92,625		195,177

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			92,525		195,077

SHAREHOLDERS' FUNDS			92,625		195,177

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Graham Southern Limited

Balance Sheet (continued)

As At 31 March 2026

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account.

On behalf of the board

Colin Southern

Director

29 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Graham Southern Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12501902 . The registered office is 46 Lexington Street, London, W1F 0LP.

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Plant & Machinery

33% Straight line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

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Graham Southern Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 7)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2025	7,221
Additions	2,528

As at 31 March 2026	9,749

Depreciation
As at 1 April 2025	4,505
Provided during the period	2,012

As at 31 March 2026	6,517

Net Book Value
As at 31 March 2026	3,232

As at 1 April 2025	2,716

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	19,859	-
Prepayments and accrued income	-	17,000
Corporation tax recoverable assets	35,255	-
VAT	-	1,790

	55,114	18,790

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,853	35,952
Corporation tax	-	57,552
Other taxes and social security	4,546	10,547

...CONTINUED

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Graham Southern Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

VAT	5,160	-
Accruals and deferred income	1,500	551,296
Director's loan account	100,916	107,140

	113,975	762,487

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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