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REGISTERED NUMBER: SC382679 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

MACINTOSH INVESTMENTS (SCOTLAND) LIMITED

MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 4


MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)

ABRIDGED BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 4,584 5,035
Tangible assets 5 1,608,969 1,611,959
Investments 6 850,000 850,000
2,463,553 2,466,994

CURRENT ASSETS
Debtors 16,781 90,896
Cash at bank 5,006 10,203
21,787 101,099
CREDITORS
Amounts falling due within one year 241,156 338,340
NET CURRENT LIABILITIES (219,369 ) (237,241 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,244,184

2,229,753

CREDITORS
Amounts falling due after more than one
year

7

438,549

519,925
NET ASSETS 1,805,635 1,709,828

CAPITAL AND RESERVES
Called up share capital 6,024 6,024
Retained earnings 1,799,611 1,703,804
SHAREHOLDERS' FUNDS 1,805,635 1,709,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)

ABRIDGED BALANCE SHEET - continued
31 July 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 Balance Sheet for the year ended 31 July 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.

MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)

ABRIDGED BALANCE SHEET - continued
31 July 2024



The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





K Macintosh - Director


MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

MacIntosh Investments (Scotland) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC382679

Registered office: 22 Backbrae Street
Kilsyth
Glasgow
North Lanarkshire
G65 0NH

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 as modified by the revaluation of certain assets.

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

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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 NIL (2023 - NIL).

MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023
and 31 July 2024 9,026
AMORTISATION
At 1 August 2023 3,991
Amortisation for year 451
At 31 July 2024 4,442
NET BOOK VALUE

At 31 July 2024 4,584
At 31 July 2023 5,035

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023
and 31 July 2024 1,657,250
DEPRECIATION
At 1 August 2023 45,291
Charge for year 2,990
At 31 July 2024 48,281
NET BOOK VALUE
At 31 July 2024 1,608,969
At 31 July 2023 1,611,959

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 August 2023
and 31 July 2024 850,000
NET BOOK VALUE
At 31 July 2024 850,000
At 31 July 2023 850,000

MACINTOSH INVESTMENTS (SCOTLAND) LIMITED (REGISTERED NUMBER: SC382679)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.7.24 31.7.23
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 166,222 247,598

The bank loan term is for a period of 12 years from the date of drawdown. A fixed interest rate of 2.7 percent per annum is charged on the outstanding balance. Repayments of £8,125 (inclusive on interest) are made on a monthly basis.

The bank loan is a secured debt. The Royal Bank of Scotland hold a standard security over the property located at MacIntosh House, Viking Way, Rosyth, KY11 2UU.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Keith and Linda MacIntosh