MD FINLAY JOINERY MANUFACTURING LIMITED

Company Registration Number:
SC347451 (Scotland)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

MD FINLAY JOINERY MANUFACTURING LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

MD FINLAY JOINERY MANUFACTURING LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 303,316 319,732
Total fixed assets: 303,316 319,732
Current assets
Stocks: 17,341 26,370
Debtors:   23,648 51,582
Cash at bank and in hand: 49,299 30,849
Total current assets: 90,288 108,801
Creditors: amounts falling due within one year: 4 (326,325) (337,234)
Net current assets (liabilities): (236,037) (228,433)
Total assets less current liabilities: 67,279 91,299
Creditors: amounts falling due after more than one year: 5 (18,363) (40,470)
Provision for liabilities: (3,811) (2,934)
Total net assets (liabilities): 45,105 47,895
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 45,104 47,894
Shareholders funds: 45,105 47,895

The notes form part of these financial statements

MD FINLAY JOINERY MANUFACTURING LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 May 2025
and signed on behalf of the board by:

Name: Mr M D Finlay
Status: Director

The notes form part of these financial statements

MD FINLAY JOINERY MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MD FINLAY JOINERY MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 10 11

MD FINLAY JOINERY MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 542,812
At 31 August 2024 542,812
Depreciation
At 01 September 2023 223,080
Charge for year 16,416
At 31 August 2024 239,496
Net book value
At 31 August 2024 303,316
At 31 August 2023 319,732

MD FINLAY JOINERY MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024, 2023 Hire purchase contracts £8963, £12091 Trade creditors £12034, £26677 Taxation and social security £36113, £28292, Other creditors £269215, £270174 Total £326325, £337234

MD FINLAY JOINERY MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due after more than one year note

2024 2023 Hire purchase contracts £10888, £22980 Other creditors £7475 £17490 Total £18363, £40470