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REGISTERED NUMBER: SC527482 (Scotland)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

C Macleod Engineering Ltd

C Macleod Engineering Ltd (Registered number: SC527482)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


C Macleod Engineering Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: C Macleod





REGISTERED OFFICE: 6 Moffat Square
Scourie
IV27 4TW





REGISTERED NUMBER: SC527482 (Scotland)





ACCOUNTANTS: Mackay & Co CA
3 Fodderty Way
Dingwall
Ross-shire
IV15 9XB

C Macleod Engineering Ltd (Registered number: SC527482)

Abridged Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,969 59,409

CURRENT ASSETS
Stocks 3,500 3,000
Debtors 12,953 25,045
Cash at bank 50,207 74,981
66,660 103,026
CREDITORS
Amounts falling due within one year 49,092 79,798
NET CURRENT ASSETS 17,568 23,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,537

82,637

PROVISIONS FOR LIABILITIES 3,243 3,137
NET ASSETS 75,294 79,500

RESERVES
Share premium 100 100
Retained earnings 75,194 79,400
75,294 79,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

C Macleod Engineering Ltd (Registered number: SC527482)

Abridged Balance Sheet - continued
29 February 2024


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 Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 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.

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





C Macleod - Director


C Macleod Engineering Ltd (Registered number: SC527482)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

C Macleod Engineering 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.

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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

C Macleod Engineering Ltd (Registered number: SC527482)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 73,452
Additions 6,250
At 29 February 2024 79,702
DEPRECIATION
At 1 March 2023 14,043
Charge for year 4,690
At 29 February 2024 18,733
NET BOOK VALUE
At 29 February 2024 60,969
At 28 February 2023 59,409