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REGISTERED NUMBER: SC584467 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

M2 Procurement & Commercial Services
Limited

M2 Procurement & Commercial Services
Limited (Registered number: SC584467)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M2 Procurement & Commercial Services
Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: M Muir





REGISTERED OFFICE: 1a Bishops Drive
Scrabster
Thurso
Caithness
KW14 7UD





REGISTERED NUMBER: SC584467 (Scotland)





ACCOUNTANTS: Reid & Fraser
Chartered Accountants
15 Princes Street
Thurso
Caithness
KW14 7BQ

M2 Procurement & Commercial Services
Limited (Registered number: SC584467)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 479
Investments 5 1,600 1,600
1,600 2,079

CURRENT ASSETS
Debtors 6 11,863 9,765
Cash at bank 44,394 35,658
56,257 45,423
CREDITORS
Amounts falling due within one year 7 (34,025 ) (29,511 )
NET CURRENT ASSETS 22,232 15,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,832

17,991

PROVISIONS FOR LIABILITIES - (91 )
NET ASSETS 23,832 17,900

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,732 17,800
SHAREHOLDERS' FUNDS 23,832 17,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

M2 Procurement & Commercial Services
Limited (Registered number: SC584467)

Balance Sheet - continued
31 March 2025


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 director and authorised for issue on 7 May 2025 and were signed by:





M Muir - Director


M2 Procurement & Commercial Services
Limited (Registered number: SC584467)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

M2 Procurement & Commercial Services 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% straight line

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

M2 Procurement & Commercial Services
Limited (Registered number: SC584467)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 3,375
DEPRECIATION
At 1 April 2024 2,896
Charge for year 479
At 31 March 2025 3,375
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 479

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2024
and 31 March 2025 1,600
NET BOOK VALUE
At 31 March 2025 1,600
At 31 March 2024 1,600

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 11,863 9,765

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,265 2,279
Taxation and social security 7,453 5,525
Other creditors 23,307 21,707
34,025 29,511