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REGISTERED NUMBER: SC224264 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

MMS Almac Ltd

MMS Almac Ltd (Registered number: SC224264)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MMS Almac Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: W C Brown
Mrs K Brown
A A Robertson
R J Thomson





SECRETARY: Mrs K Brown





REGISTERED OFFICE: Macclesfield House
Spey Road
Craigellachie
Aberlour
Banffshire
AB38 9SX





REGISTERED NUMBER: SC224264 (Scotland)





ACCOUNTANTS: Stag Accountancy & Tax Services
6 Kintrae Rise
Elgin
MORAY
IV30 5ND

MMS Almac Ltd (Registered number: SC224264)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 21,334 23,703
Investment property 6 300,000 300,000
321,334 323,703

CURRENT ASSETS
Stocks 6,826 7,867
Debtors 7 44,483 72,178
Cash at bank and in hand 137,759 93,870
189,068 173,915
CREDITORS
Amounts falling due within one year 8 64,212 64,780
NET CURRENT ASSETS 124,856 109,135
TOTAL ASSETS LESS CURRENT LIABILITIES 446,190 432,838

CREDITORS
Amounts falling due after more than one
year

9

(96,667

)

(123,893

)

PROVISIONS FOR LIABILITIES (12,546 ) (12,405 )
NET ASSETS 336,977 296,540

MMS Almac Ltd (Registered number: SC224264)

Balance Sheet - continued
30 November 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Revaluation reserve 10 37,534 37,534
Retained earnings 274,443 234,006
336,977 296,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 3 March 2025 and were signed on its behalf by:




W C Brown - Director



Mrs K Brown - Director


MMS Almac Ltd (Registered number: SC224264)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

MMS Almac 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

MMS Almac Ltd (Registered number: SC224264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 311,831
AMORTISATION
At 1 December 2023
and 30 November 2024 311,831
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

MMS Almac Ltd (Registered number: SC224264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 483,287
Additions 4,000
At 30 November 2024 487,287
DEPRECIATION
At 1 December 2023 459,584
Charge for year 6,369
At 30 November 2024 465,953
NET BOOK VALUE
At 30 November 2024 21,334
At 30 November 2023 23,703

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 300,000
NET BOOK VALUE
At 30 November 2024 300,000
At 30 November 2023 300,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,464 70,240
Other debtors 2,019 1,938
44,483 72,178

MMS Almac Ltd (Registered number: SC224264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,990 21,696
Taxation and social security 32,275 30,091
Other creditors 13,947 12,993
64,212 64,780

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 96,667 123,893

10. RESERVES
Revaluation
reserve
£   
At 1 December 2023
and 30 November 2024 37,534