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REGISTERED NUMBER: SC744398 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

14 SEPTEMBER 2022 TO 30 SEPTEMBER 2023

FOR

S & E MCDONALD LTD

S & E MCDONALD LTD (REGISTERED NUMBER: SC744398)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 14 September 2022 to 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

S & E MCDONALD LTD

COMPANY INFORMATION
for the Period 14 September 2022 to 30 September 2023







DIRECTORS: S J McDonald
Mrs E M M McDonald





REGISTERED OFFICE: Keith Caravan Park
Dunnyduff Road
Keith
Morayshire
AB55 5JG





REGISTERED NUMBER: SC744398 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

S & E MCDONALD LTD (REGISTERED NUMBER: SC744398)

BALANCE SHEET
30 September 2023

Notes £    £   
FIXED ASSETS
Tangible assets 5 28,604

CURRENT ASSETS
Debtors 6 10,000
Cash at bank 487
10,487
CREDITORS
Amounts falling due within one year 7 50,818
NET CURRENT LIABILITIES (40,331 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,727

)

CAPITAL AND RESERVES
Called up share capital 8 2
Retained earnings (11,729 )
SHAREHOLDERS' FUNDS (11,727 )

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by:





S J McDonald - Director


S & E MCDONALD LTD (REGISTERED NUMBER: SC744398)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 14 September 2022 to 30 September 2023

1. STATUTORY INFORMATION

S & E McDonald Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going concern
The financial statements have been prepared on a going concern basis which assumes the company will continue trading for a period of no less than 12 months from the date of this report.

The director acknowledges the negative balance sheet position and has given assurance that they will continue to support the company in order for it to meet it's obligations as they fall due by making funds available and not calling on the director's loan account for repayment until the company is in such a position to be able to make repayments.

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.
Plant and machinery - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 50% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 27,534 4,950 504 32,988
At 30 September 2023 27,534 4,950 504 32,988
DEPRECIATION
Charge for period 3,221 925 238 4,384
At 30 September 2023 3,221 925 238 4,384
NET BOOK VALUE
At 30 September 2023 24,313 4,025 266 28,604

S & E MCDONALD LTD (REGISTERED NUMBER: SC744398)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 14 September 2022 to 30 September 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments 10,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Social security and other taxes 226
Directors' loan accounts 48,943
Accrued expenses 1,649
50,818

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary 1 2

9. CAPITAL COMMITMENTS
£   
Contracted but not provided for in the
financial statements 30,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2023:

£   
S J McDonald
Balance outstanding at start of period (26,454 )
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period (26,454 )

Mrs E M M McDonald
Balance outstanding at start of period (22,488 )
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period (22,488 )

These amounts bear no interest and have no fixed repayment terms.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
S & E MCDONALD LTD (REGISTERED NUMBER: SC744398)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S & E McDonald Ltd for the period ended 30 September 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of S & E McDonald Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S & E McDonald Ltd and state those matters that we have agreed to state to the Board of Directors of S & E McDonald Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that S & E McDonald Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of S & E McDonald Ltd. You consider that S & E McDonald Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of S & E McDonald Ltd. 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 financial statements.






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


15 February 2024