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REGISTERED NUMBER: SC580754 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

MCMILLAN REFRIGERATION LTD

MCMILLAN REFRIGERATION LTD (REGISTERED NUMBER: SC580754)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


MCMILLAN REFRIGERATION LTD (REGISTERED NUMBER: SC580754)

ABRIDGED BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,856 29,430

CURRENT ASSETS
Debtors 62,493 77,073
Cash at bank 134,704 120,452
197,197 197,525
CREDITORS
Amounts falling due within one year 108,993 125,906
NET CURRENT ASSETS 88,204 71,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,060

101,049

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 115,960 100,949
116,060 101,049

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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

MCMILLAN REFRIGERATION LTD (REGISTERED NUMBER: SC580754)

ABRIDGED BALANCE SHEET - continued
30 November 2023



The financial statements were approved by the director and authorised for issue on 20 August 2024 and were signed by:





R McMillan - Director


MCMILLAN REFRIGERATION LTD (REGISTERED NUMBER: SC580754)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

McMillan Refrigeration LTD is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC580754

Registered office: 21 Garrell Road
Burnside Ind Est
Kilsyth
G65 9JX

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 and revenue recognition
Turnover represents net invoiced sales of refrigeration repair services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

MCMILLAN REFRIGERATION LTD (REGISTERED NUMBER: SC580754)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 43,780
Additions 7,128
Disposals (5,350 )
At 30 November 2023 45,558
DEPRECIATION
At 1 December 2022 14,350
Charge for year 6,909
Eliminated on disposal (3,557 )
At 30 November 2023 17,702
NET BOOK VALUE
At 30 November 2023 27,856
At 30 November 2022 29,430