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REGISTERED NUMBER: SC532843 (Scotland)











Unaudited Financial Statements for the Year Ended 31st October 2024

for

Macrebur Limited

Macrebur Limited (Registered number: SC532843)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Macrebur Limited

Company Information
for the Year Ended 31st October 2024







DIRECTORS: G M Reid
N Burnett
T J McCartney





REGISTERED OFFICE: Burnstones
Waterbeck
Lockerbie
DG11 3HB





REGISTERED NUMBER: SC532843 (Scotland)





ACCOUNTANTS: Farries Kirk & McVean
Dumfries Enterprise Park
Heathhall
Dumfries
DUMFRIESSHIRE
DG1 3SJ

Macrebur Limited (Registered number: SC532843)

Balance Sheet
31st October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 17,885 10,849
Property, plant and equipment 5 214,255 107,872
232,140 118,721

CURRENT ASSETS
Inventories 405,672 603,282
Debtors 6 779,181 806,813
Cash at bank and in hand 263,407 362,785
1,448,260 1,772,880
CREDITORS
Amounts falling due within one year 7 102,309 144,593
NET CURRENT ASSETS 1,345,951 1,628,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,578,091

1,747,008

PROVISIONS FOR LIABILITIES - 1,330
NET ASSETS 1,578,091 1,745,678

CAPITAL AND RESERVES
Called up share capital 1 1
Share premium 4,267,730 4,267,730
Retained earnings (2,689,640 ) (2,522,053 )
SHAREHOLDERS' FUNDS 1,578,091 1,745,678

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

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

Macrebur Limited (Registered number: SC532843)

Balance Sheet - continued
31st October 2024


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 9th April 2025 and were signed on its behalf by:





N Burnett - Director


Macrebur Limited (Registered number: SC532843)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

Macrebur Limited 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Intellectual Property are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 20% on cost
Plant and machinery etc - 25% on cost and 20% on cost

Amounts written off each asset over the estimated useful life represent cost less residual value.

Stocks
Inventories 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.

Macrebur Limited (Registered number: SC532843)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non current liabilities.

Borrowings
Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transactions costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Provisions and contingencies
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st November 2023 10,849
Additions 7,036
At 31st October 2024 17,885
NET BOOK VALUE
At 31st October 2024 17,885
At 31st October 2023 10,849

Macrebur Limited (Registered number: SC532843)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st November 2023 30,749 219,096 249,845
Additions - 212,383 212,383
Disposals (16,880 ) (15,085 ) (31,965 )
At 31st October 2024 13,869 416,394 430,263
DEPRECIATION
At 1st November 2023 26,554 115,419 141,973
Charge for year 2,774 103,226 106,000
Eliminated on disposal (16,880 ) (15,085 ) (31,965 )
At 31st October 2024 12,448 203,560 216,008
NET BOOK VALUE
At 31st October 2024 1,421 212,834 214,255
At 31st October 2023 4,195 103,677 107,872

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 357,980 347,603
Amounts owed by group undertakings 380,272 413,784
Other debtors 40,929 45,426
779,181 806,813

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 53,790 41,659
Taxation and social security 22,299 16,714
Other creditors 26,220 86,220
102,309 144,593

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2024 and 31st October 2023:

2024 2023
£    £   
G M Reid
Balance outstanding at start of year - 4,062
Amounts repaid - (4,062 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Macrebur Limited (Registered number: SC532843)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2024

9. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Macrebur Holdings Limited.