IRIS Accounts Production v24.1.0.578 SC389348 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3893482022-11-30SC3893482023-11-30SC3893482022-12-012023-11-30SC3893482021-11-30SC3893482021-12-012022-11-30SC3893482022-11-30SC389348ns15:Scotland2022-12-012023-11-30SC389348ns14:PoundSterling2022-12-012023-11-30SC389348ns10:Director12022-12-012023-11-30SC389348ns10:PrivateLimitedCompanyLtd2022-12-012023-11-30SC389348ns10:SmallEntities2022-12-012023-11-30SC389348ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-30SC389348ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-30SC389348ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-30SC389348ns10:FullAccounts2022-12-012023-11-30SC389348ns10:RegisteredOffice2022-12-012023-11-30SC389348ns5:CurrentFinancialInstruments2023-11-30SC389348ns5:CurrentFinancialInstruments2022-11-30SC389348ns5:Non-currentFinancialInstruments2023-11-30SC389348ns5:Non-currentFinancialInstruments2022-11-30SC389348ns5:ShareCapital2023-11-30SC389348ns5:ShareCapital2022-11-30SC389348ns5:SharePremium2023-11-30SC389348ns5:SharePremium2022-11-30SC389348ns5:RetainedEarningsAccumulatedLosses2023-11-30SC389348ns5:RetainedEarningsAccumulatedLosses2022-11-30SC389348ns5:PlantMachinery2022-12-012023-11-30SC389348ns5:FurnitureFittings2022-12-012023-11-30SC389348ns5:PlantMachinery2022-11-30SC389348ns5:FurnitureFittings2022-11-30SC389348ns5:PlantMachinery2023-11-30SC389348ns5:FurnitureFittings2023-11-30SC389348ns5:PlantMachinery2022-11-30SC389348ns5:FurnitureFittings2022-11-30SC389348ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-30SC389348ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: SC389348 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

MOUNTWEST ACHIEVE LIMITED

MOUNTWEST ACHIEVE LIMITED (REGISTERED NUMBER: SC389348)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOUNTWEST ACHIEVE LIMITED

Company Information
for the Year Ended 30 November 2023







DIRECTOR: A Cowie





REGISTERED OFFICE: 6 Bon Accord Square
Aberdeen
AB11 6XU





REGISTERED NUMBER: SC389348 (Scotland)






MOUNTWEST ACHIEVE LIMITED (REGISTERED NUMBER: SC389348)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 113 142

CURRENT ASSETS
Debtors 5 176 209
Cash at bank 11,135 3,516
11,311 3,725
CREDITORS
Amounts falling due within one year 6 125,419 196,787
NET CURRENT LIABILITIES (114,108 ) (193,062 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(113,995

)

(192,920

)

CREDITORS
Amounts falling due after more than one
year

7

25,833

35,256
NET LIABILITIES (139,828 ) (228,176 )

CAPITAL AND RESERVES
Called up share capital 26,334 26,334
Share premium 5,100 5,100
Retained earnings (171,262 ) (259,610 )
(139,828 ) (228,176 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MOUNTWEST ACHIEVE LIMITED (REGISTERED NUMBER: SC389348)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





A Cowie - Director


MOUNTWEST ACHIEVE LIMITED (REGISTERED NUMBER: SC389348)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Mountwest Achieve Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Rental Equipment - 20% on cost
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

MOUNTWEST ACHIEVE LIMITED (REGISTERED NUMBER: SC389348)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Rental and
Equipment fittings Totals
£    £    £   
COST
At 1 December 2022 37,200 237 37,437
Disposals (21,950 ) - (21,950 )
At 30 November 2023 15,250 237 15,487
DEPRECIATION
At 1 December 2022 37,200 95 37,295
Charge for year - 29 29
Eliminated on disposal (21,950 ) - (21,950 )
At 30 November 2023 15,250 124 15,374
NET BOOK VALUE
At 30 November 2023 - 113 113
At 30 November 2022 - 142 142

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 176 209

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,577
Other creditors 115,419 186,210
125,419 196,787

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 25,833 35,256

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Cowie.

9. GOING CONCERN

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.