Wigram Consulting Limited Company accounts

COMPANY REGISTRATION NUMBER: SC408858

Wigram Consulting Limited

Unaudited Abridged Financial Statements

For the year ended

31 March 2026

Wigram Consulting Limited

Abridged Financial Statements

Year ended 31st March 2026

Contents	Page

Directors' report	1

Abridged statement of income and retained earnings	3

Abridged statement of financial position	4

Notes to the abridged financial statements	6

The following pages do not form part of the abridged financial statements

Chartered accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements	11

Wigram Consulting Limited

Directors' Report

Year ended 31st March 2026

The directors present their report and the unaudited abridged financial statements of the company for the year ended 31 March 2026 .

Directors

The directors who served the company during the year were as follows:

Mrs S Wigram
Mr A Wigram

Directors' responsibilities statement The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 9 June 2026 and signed on behalf of the board by:

Mrs S Wigram

Director

Registered office:

The Granary

Annieston Farm

Symington

Biggar

Lanarkshire

ML12 6LQ

Wigram Consulting Limited

Abridged Statement of Income and Retained Earnings

Year ended 31st March 2026

	2026	2025
Note	£	£
Gross profit	151,800	78,967

Administrative expenses	60,900	42,758
	---------	--------
Operating profit	90,900	36,209

Other interest receivable and similar income		145	156
		---------	--------
Profit before taxation	5	91,045	36,365

Tax on profit	24,494	7,057
	--------	--------
Profit for the financial year and total comprehensive income	66,551	29,308
	--------	--------

Dividends paid and payable	( 50,000)	( 30,000)

Retained losses at the start of the year	( 1,666)	( 974)
	--------	--------
Retained earnings/(losses) at the end of the year	14,885	( 1,666)
	--------	--------

All the activities of the company are from continuing operations.

Wigram Consulting Limited

Abridged Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	6		20,901	2,091

Current assets

Debtors	4,643	16,326
Cash at bank and in hand	25,386	7,010
	--------	--------
	30,029	23,336

Creditors: amounts falling due within one year	35,681		26,541
	--------		--------
Net current liabilities		5,652	3,205
		--------	-------
Total assets less current liabilities		15,249	( 1,114)

Provisions

Taxation including deferred tax	264	452
	--------	-------
Net assets/(liabilities)	14,985	( 1,566)
	--------	-------

Wigram Consulting Limited

Abridged Statement of Financial Position (continued)

31 March 2026

	2026		2025
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	14,885	( 1,666)
	--------	-------
Shareholders funds/(deficit)	14,985	( 1,566)
	--------	-------

These abridged financial statements have been prepared 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'.

For the year ending 31st 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 abridged 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 abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 9 June 2026 , and are signed on behalf of the board by:

Mrs S Wigram	Mr A Wigram
Director	Director

Company registration number: SC408858

Wigram Consulting Limited

Notes to the Abridged Financial Statements

Year ended 31st March 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is The Granary, Annieston Farm, Symington, Biggar, Lanarkshire, ML12 6LQ.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the company's ability to continue as a going concern.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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 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:

Freehold Property	-	33% straight line
Plant and machinery	-	50% reducing balance
Fixtures and Fittings	-	20% reducing balance

Impairment of fixed assets

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution pension plans

Contributions to defined contribution pension plans are recognised as an expense in the period in which the contributions are paid.

4. Staff

The average number of persons employed by the company during the year amounted to 2 (2025: 1 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2026	2025
	£	£
Depreciation of tangible assets	15,195	1,128
	--------	-------

6. Tangible assets

	£
Cost
At 1st April 2025	7,146
Additions	34,346
Disposals	( 4,323)
	--------
At 31st March 2026	37,169
	--------
Depreciation
At 1st April 2025	5,055
Charge for the year	15,195
Disposals	( 3,982)
	--------
At 31st March 2026	16,268
	--------
Carrying amount
At 31st March 2026	20,901
	--------
At 31st March 2025	2,091
	--------

7. Directors' advances, credits and guarantees

The directors' loan was not in debit at any time throughout the year. The loan is interest free and repayable on demand.

Wigram Consulting Limited

Management Information

Year ended 31st March 2026

The following pages do not form part of the abridged financial statements.

Wigram Consulting Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of Wigram Consulting Limited

Year ended 31st March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Wigram Consulting Limited for the year ended 31st March 2026, which comprise the abridged statement of income and retained earnings, abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at icas.com/icas-framework-preparation-of-accounts. This report is made solely to the Board of Directors of Wigram Consulting Limited, as a body, in accordance with the terms of our engagement letter dated 14th January 2025. Our work has been undertaken solely to prepare for your approval the abridged financial statements of Wigram Consulting Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wigram Consulting Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wigram Consulting Limited has kept adequate accounting records and to prepare statutory abridged financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wigram Consulting Limited. You consider that Wigram Consulting Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the abridged financial statements of Wigram Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory abridged financial statements.

I.A.STEWART & CO Chartered Accountants

The Mechanics Workshop New Lanark ML11 9DB

9 June 2026