1 September 2023 false No description of principal activity Taxfiler 2024.6 SC670022business:PrivateLimitedCompanyLtd2023-09-012024-08-31 SC6700222023-08-31 SC6700222023-09-012024-08-31 SC670022business:AuditExemptWithAccountantsReport2023-09-012024-08-31 SC670022business:FilletedAccounts2023-09-012024-08-31 SC6700222024-08-31 SC670022business:Director12023-09-012024-08-31 SC670022business:Director22023-09-012024-08-31 SC670022business:RegisteredOffice2023-09-012024-08-31 SC6700222023-08-31 SC670022core:WithinOneYear2024-08-31 SC670022core:WithinOneYear2023-08-31 SC670022core:AfterOneYear2024-08-31 SC670022core:AfterOneYear2023-08-31 SC670022core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC670022core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC670022core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC670022core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC670022core:PreviouslyStatedAmount2024-08-31 SC670022core:PreviouslyStatedAmount2023-08-31 SC670022business:SmallEntities2023-09-012024-08-31 SC670022countries:Scotland2023-09-012024-08-31 SC670022core:PlantMachinery2023-09-012024-08-31 SC670022core:MotorVehicles2023-09-012024-08-31 SC670022core:Goodwill2023-08-31 SC670022core:Goodwill2024-08-31 SC670022core:Goodwill2023-09-012024-08-31 SC670022core:PlantMachinery2023-08-31 SC670022core:MotorVehicles2023-08-31 SC670022core:PlantMachinery2024-08-31 SC670022core:MotorVehicles2024-08-31 SC6700222022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC670022 (Scotland)
G & C Mackenzie Decorating Ltd Unaudited accounts for the year ended 31 August 2024
G & C Mackenzie Decorating Ltd Unaudited accounts Contents
Page
- 2 -
G & C Mackenzie Decorating Ltd Company Information for the year ended 31 August 2024
Directors
Craig Mackenzie George Mackenzie
Company Number
SC670022 (Scotland)
Registered Office
85 Hilton Road Cowdenbeath Fife KY4 9AW Scotland
Accountants
SBS Accountancy 19 The Heathery Dunfermline Fife KY11 8TS
- 3 -
G & C Mackenzie Decorating Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,140 
11,830 
Tangible assets
15,888 
27,301 
26,028 
39,131 
Current assets
Inventories
500 
- 
Debtors
16,430 
5,147 
Cash at bank and in hand
24,773 
995 
41,703 
6,142 
Creditors: amounts falling due within one year
(40,346)
(31,458)
Net current assets/(liabilities)
1,357 
(25,316)
Total assets less current liabilities
27,385 
13,815 
Creditors: amounts falling due after more than one year
(7,154)
(13,757)
Net assets
20,231 
58 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
20,221 
48 
Shareholders' funds
20,231 
58 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by
Craig Mackenzie Director Company Registration No. SC670022
- 4 -
G & C Mackenzie Decorating Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
G & C Mackenzie Decorating Ltd is a private company, limited by shares, registered in Scotland, registration number SC670022. The registered office is 85 Hilton Road, Cowdenbeath, Fife, KY4 9AW, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Straight line method over 4 years
Motor vehicles
Straight line method over 4 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
16,900 
At 31 August 2024
16,900 
Amortisation
At 1 September 2023
5,070 
Charge for the year
1,690 
At 31 August 2024
6,760 
Net book value
At 31 August 2024
10,140 
At 31 August 2023
11,830 
- 5 -
G & C Mackenzie Decorating Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
2,610 
44,478 
47,088 
Additions
383 
- 
383 
At 31 August 2024
2,993 
44,478 
47,471 
Depreciation
At 1 September 2023
1,959 
17,828 
19,787 
Charge for the year
677 
11,119 
11,796 
At 31 August 2024
2,636 
28,947 
31,583 
Net book value
At 31 August 2024
357 
15,531 
15,888 
At 31 August 2023
651 
26,650 
27,301 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,882 
- 
Other debtors
1,548 
5,147 
16,430 
5,147 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,556 
11,662 
Obligations under finance leases and hire purchase contracts
6,603 
6,603 
Trade creditors
2,772 
2,311 
Taxes and social security
16,188 
10,684 
Other creditors
- 
198 
Loans from directors
1,227 
- 
40,346 
31,458 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,154 
13,757 
9
Average number of employees
During the year the average number of employees was 6 (2023: 7).
- 6 -