| Simon Graeme Ltd |
| Registered number: |
04606724 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
413,939 |
|
|
228,936 |
|
| Current assets |
| Stocks |
|
|
12,000 |
|
|
12,000 |
| Debtors |
5 |
|
165,855 |
|
|
162,516 |
| Cash at bank and in hand |
|
|
16,213 |
|
|
54,375 |
|
|
|
194,068 |
|
|
228,891 |
|
| Creditors: amounts falling due within one year |
6 |
|
(197,701) |
|
|
(144,710) |
|
| Net current (liabilities)/assets |
|
|
|
(3,633) |
|
|
84,181 |
|
| Total assets less current liabilities |
|
|
|
410,306 |
|
|
313,117 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(5,000) |
|
|
(18,333) |
|
| Provisions for liabilities |
|
|
|
(74,516) |
|
|
(28,246) |
|
|
| Net assets |
|
|
|
330,790 |
|
|
266,538 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10 |
|
|
10 |
| Profit and loss account |
|
|
|
330,780 |
|
|
266,528 |
|
| Shareholders' funds |
|
|
|
330,790 |
|
|
266,538 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S A Graeme |
| Director |
| Approved by the board on 22 June 2026 |
|
| Simon Graeme Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
9 |
|
9 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 January 2025 |
30,000 |
|
At 31 December 2025 |
30,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2025 |
30,000 |
|
At 31 December 2025 |
30,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2025 |
64,955 |
|
472,881 |
|
213,477 |
|
751,313 |
|
Additions |
- |
|
292,308 |
|
5,579 |
|
297,887 |
|
Disposals |
- |
|
- |
|
(5,579) |
|
(5,579) |
|
At 31 December 2025 |
64,955 |
|
765,189 |
|
213,477 |
|
1,043,621 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
47,145 |
|
363,131 |
|
112,101 |
|
522,377 |
|
Charge for the year |
2,598 |
|
80,412 |
|
25,690 |
|
108,700 |
|
On disposals |
- |
|
- |
|
(1,395) |
|
(1,395) |
|
At 31 December 2025 |
49,743 |
|
443,543 |
|
136,396 |
|
629,682 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
15,212 |
|
321,646 |
|
77,081 |
|
413,939 |
|
At 31 December 2024 |
17,810 |
|
109,750 |
|
101,376 |
|
228,936 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
54,066 |
|
46,984 |
|
Other debtors |
115,510 |
|
49,803 |
|
Bad Debt Provision |
(3,294) |
|
(4,176) |
|
Prepayments |
1,171 |
|
2,518 |
|
Director's Current Account |
(1,598) |
|
67,387 |
|
|
|
|
|
|
165,855 |
|
162,516 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
13,333 |
|
14,306 |
|
Trade creditors |
152,637 |
|
72,598 |
|
Taxation and social security costs |
29,656 |
|
55,945 |
|
Other creditors |
2,075 |
|
1,861 |
|
|
|
|
|
|
197,701 |
|
144,710 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
5,000 |
|
18,333 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mr Simon Graeme |
|
[Loan 1] |
67,387 |
|
- |
|
(67,387) |
|
- |
|
|
|
67,387 |
|
- |
|
(67,387) |
|
- |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Simon Graeme Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Greystone Plain Farm |
|
Hampsthwaite |
|
Harrogate |
|
HG3 2LY |