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REGISTERED NUMBER: SC370940 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED

MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED (REGISTERED NUMBER: SC370940)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025




Page

Balance Sheet 1

Notes to the Financial Statements 3


MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED (REGISTERED NUMBER: SC370940)

BALANCE SHEET
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 19,898 26,531

CURRENT ASSETS
Stocks 5 1,540 6,124
Debtors 6 6,000 2,390
Cash at bank 8,518 8,038
16,058 16,552
CREDITORS
Amounts falling due within one year 7 19,208 30,437
NET CURRENT LIABILITIES (3,150 ) (13,885 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,748

12,646

CREDITORS
Amounts falling due after more than one
year

8

(7,566

)

(12,166

)

PROVISIONS FOR LIABILITIES (3,781 ) -
NET ASSETS 5,401 480

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 5,399 478
5,401 480

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

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

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.

MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED (REGISTERED NUMBER: SC370940)

BALANCE SHEET - continued
31 January 2025



The financial statements were approved by the director and authorised for issue on 15 May 2025 and were signed by:





G McGrandles - Director


MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED (REGISTERED NUMBER: SC370940)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

McGrandles Plasterers & Roughcasters 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: SC370940

Registered office: 84 Chestnut Crescent
Dunipace
Denny
FK6 6LF

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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.

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.

MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED (REGISTERED NUMBER: SC370940)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

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 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2024
and 31 January 2025 2,451 33,060 35,511
DEPRECIATION
At 1 February 2024 2,451 6,529 8,980
Charge for year - 6,633 6,633
At 31 January 2025 2,451 13,162 15,613
NET BOOK VALUE
At 31 January 2025 - 19,898 19,898
At 31 January 2024 - 26,531 26,531

5. STOCKS
31.1.25 31.1.24
£    £   
Stocks 1,540 6,124

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 6,000 2,390

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Hire purchase contracts 4,600 4,600
Trade creditors 1,132 13,905
Tax 4,034 -
Social security and other taxes 2,796 2,612
Other creditors 3,752 6,674
Accrued expenses 2,894 2,646
19,208 30,437

MCGRANDLES PLASTERERS & ROUGHCASTERS
LIMITED (REGISTERED NUMBER: SC370940)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Hire purchase contracts 7,566 12,166