Company Registration No. SC505157 (Scotland)
Scott Mclean Ltd
Unaudited accounts
for the year ended 31 May 2024
Scott Mclean Ltd
Unaudited accounts
Contents
Scott Mclean Ltd
Company Information
for the year ended 31 May 2024
Company Number
SC505157 (Scotland)
Registered Office
3 Birkwood Court
Glenboig null
Coatbridge
Lanarkshire
ML5 2TD
Scotland
Scott Mclean Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
31,184
38,979
Cash at bank and in hand
4,367
1,099
Creditors: amounts falling due within one year
(1,895)
(8,353)
Net current assets
17,472
8,786
Total assets less current liabilities
48,656
47,765
Creditors: amounts falling due after more than one year
(11,161)
(18,211)
Called up share capital
100
100
Profit and loss account
37,395
29,454
Shareholders' funds
37,495
29,554
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 November 2024 and were signed on its behalf by
Scott Mclean
Director
Company Registration No. SC505157
Scott Mclean Ltd
Notes to the Accounts
for the year ended 31 May 2024
Scott Mclean Ltd is a private company, limited by shares, registered in Scotland, registration number SC505157. The registered office is 3 Birkwood Court, Glenboig null, Coatbridge, Lanarkshire, ML5 2TD, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% RBM
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
48,199
1,436
49,635
At 31 May 2024
48,199
1,436
49,635
At 1 June 2023
9,640
1,016
10,656
Charge for the year
7,711
84
7,795
At 31 May 2024
17,351
1,100
18,451
At 31 May 2024
30,848
336
31,184
At 31 May 2023
38,559
420
38,979
Amounts falling due within one year
Other debtors
15,000
16,040
Scott Mclean Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,996
28,741
Obligations under finance leases and hire purchase contracts
7,050
7,050
Taxes and social security
14,140
8,863
Other creditors
(42,305)
(38,186)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,161
18,211
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).