1 December 2023 false No description of principal activity Taxfiler 2024.6 SC567591business:PrivateLimitedCompanyLtd2023-12-012024-11-30 SC5675912023-11-30 SC5675912023-12-012024-11-30 SC567591business:AuditExemptWithAccountantsReport2023-12-012024-11-30 SC567591business:FilletedAccounts2023-12-012024-11-30 SC5675912024-11-30 SC567591business:Director12023-12-012024-11-30 SC567591business:Director22023-12-012024-11-30 SC567591business:RegisteredOffice2023-12-012024-11-30 SC5675912023-11-30 SC567591core:WithinOneYear2024-11-30 SC567591core:WithinOneYear2023-11-30 SC567591core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 SC567591core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC567591core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 SC567591core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC567591core:PreviouslyStatedAmount2024-11-30 SC567591core:PreviouslyStatedAmount2023-11-30 SC567591business:SmallEntities2023-12-012024-11-30 SC567591countries:Scotland2023-12-012024-11-30 SC567591core:PlantMachinery2023-12-012024-11-30 SC567591core:PlantMachinery2023-11-30 SC567591core:PlantMachinery2024-11-30 SC567591core:DisposalsRepaymentsInvestments2024-11-30 SC5675912022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC567591 (Scotland)
MC (SCOTLAND) ENTERPRISE LIMITED Unaudited accounts for the year ended 30 November 2024
MC (SCOTLAND) ENTERPRISE LIMITED Unaudited accounts Contents
Page
- 2 -
MC (SCOTLAND) ENTERPRISE LIMITED Company Information for the year ended 30 November 2024
Directors
Charles William Caldwell Michelline Caldwell
Company Number
SC567591 (Scotland)
Registered Office
48 Gartmore Road Paisley Renfrewshire PA1 3NQ Scotland
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
- 3 -
MC (SCOTLAND) ENTERPRISE LIMITED Accountants' report
Accountants' report to the board of directors of MC (SCOTLAND) ENTERPRISE LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MC (SCOTLAND) ENTERPRISE LIMITED for the year ended 30 November 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MC (SCOTLAND) ENTERPRISE LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of MC (SCOTLAND) ENTERPRISE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MC (SCOTLAND) ENTERPRISE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MC (SCOTLAND) ENTERPRISE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MC (SCOTLAND) ENTERPRISE LIMITED. You consider that MC (SCOTLAND) ENTERPRISE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MC (SCOTLAND) ENTERPRISE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH 9 April 2025
- 4 -
MC (SCOTLAND) ENTERPRISE LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,221 
9,628 
Investments
58,000 
75,000 
65,221 
84,628 
Current assets
Inventories
225,590 
360,525 
Debtors
210,512 
95,100 
Cash at bank and in hand
158,137 
240,127 
594,239 
695,752 
Creditors: amounts falling due within one year
(284,830)
(431,396)
Net current assets
309,409 
264,356 
Net assets
374,630 
348,984 
Capital and reserves
Called up share capital
102 
100 
Profit and loss account
374,528 
348,884 
Shareholders' funds
374,630 
348,984 
For the year ending 30 November 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 9 April 2025 and were signed on its behalf by
Charles William Caldwell Director Company Registration No. SC567591
- 5 -
MC (SCOTLAND) ENTERPRISE LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
MC (SCOTLAND) ENTERPRISE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC567591. The registered office is 48 Gartmore Road, Paisley, Renfrewshire, PA1 3NQ, 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
25% on residual value
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2023
24,231 
At 30 November 2024
24,231 
Depreciation
At 1 December 2023
14,603 
Charge for the year
2,407 
At 30 November 2024
17,010 
Net book value
At 30 November 2024
7,221 
At 30 November 2023
9,628 
5
Investments
Other investments 
£ 
Valuation at 1 December 2023
75,000 
Disposals
(17,000)
Valuation at 30 November 2024
58,000 
- 6 -
MC (SCOTLAND) ENTERPRISE LIMITED Notes to the Accounts for the year ended 30 November 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
210,512 
95,100 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
9,583 
VAT
45,254 
73,217 
Trade creditors
168,932 
236,183 
Taxes and social security
33,644 
42,413 
Loans from directors
37,000 
70,000 
284,830 
431,396 
8
Average number of employees
During the year the average number of employees was 103 (2023: 103).
- 7 -