GRANT WAUGH MEEHAN LTD


Directors	MEEHAN, Ben Bartley
	WAUGH, Alan Stewart


Registered Address	Vicarage Chambers 9
	Park Square East
	Leeds
	LS1 2LH


Registered Number	13168925 (England and Wales)

Statement of Financial Position
28 February 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		-		647
			-		647
Current assets
Debtors	4	132,846		60,950
Cash at bank and on hand		131,723		119,508
		264,569		180,458
Creditors amounts falling due within one year	5	(48,664)		(53,115)
Net current assets (liabilities)			215,905		127,343
Total assets less current liabilities			215,905		127,990
Net assets			215,905		127,990
Capital and reserves
Called up share capital			90		100
Profit and loss account			215,815		127,890
Shareholders' funds			215,905		127,990

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 5 October 2026, and are signed on its behalf by:

WAUGH, Alan Stewart
Director
Registered Company No. 13168925

GRANT WAUGH MEEHAN LTD

Notes to the Financial Statements
for the year ended 28 February 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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 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 policy

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 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.

	Current taxation
	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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	33

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 March 25	2,887	2,887
Disposals	(2,887)	(2,887)
Depreciation and impairment
At 01 March 25	2,240	2,240
On disposals	(2,240)	(2,240)
Net book value
At 28 February 26	-	-
At 28 February 25	647	647

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	64,001	52,354
Prepayments and accrued income	68,845	8,596
Total	132,846	60,950

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	177	300
Taxation and social security	34,015	36,499
Other creditors	2,260	530
Accrued liabilities and deferred income	12,212	15,786
Total	48,664	53,115