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REGISTERED NUMBER: SC237350 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

RICHARD M MACKENZIE LTD

RICHARD M MACKENZIE LTD (REGISTERED NUMBER: SC237350)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHARD M MACKENZIE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: R MacKenzie
Mrs. C MacKenzie
A Deeth
A S Mackenzie





SECRETARY: Mrs. C MacKenzie





REGISTERED OFFICE: 10 Knockbreck Street
Tain
Ross-Shire
IV19 1BJ





REGISTERED NUMBER: SC237350 (Scotland)





ACCOUNTANTS: Goldwells Ltd
10 Knockbreck Street
Tain
Ross-Shire
IV19 1BJ

RICHARD M MACKENZIE LTD (REGISTERED NUMBER: SC237350)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 235,528 190,529

CURRENT ASSETS
Stocks 4,000 10,236
Debtors 5 240,437 125,984
Cash at bank 352,292 390,355
596,729 526,575
CREDITORS
Amounts falling due within one year 6 292,384 231,768
NET CURRENT ASSETS 304,345 294,807
TOTAL ASSETS LESS CURRENT
LIABILITIES

539,873

485,336

PROVISIONS FOR LIABILITIES 21,384 11,085
NET ASSETS 518,489 474,251

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 518,487 474,249
518,489 474,251

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

RICHARD M MACKENZIE LTD (REGISTERED NUMBER: SC237350)

BALANCE SHEET - continued
30TH SEPTEMBER 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 12th May 2025 and were signed on its behalf by:





A S Mackenzie - Director


RICHARD M MACKENZIE LTD (REGISTERED NUMBER: SC237350)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Richard M Mackenzie Ltd 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 - 25% on cost and 20% on reducing balance

Stocks
Stocks 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

RICHARD M MACKENZIE LTD (REGISTERED NUMBER: SC237350)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st October 2023 128,962 244,810 373,772
Additions 21,030 51,034 72,064
Disposals - (32,543 ) (32,543 )
At 30th September 2024 149,992 263,301 413,293
DEPRECIATION
At 1st October 2023 - 183,243 183,243
Charge for year - 31,577 31,577
Eliminated on disposal - (37,055 ) (37,055 )
At 30th September 2024 - 177,765 177,765
NET BOOK VALUE
At 30th September 2024 149,992 85,536 235,528
At 30th September 2023 128,962 61,567 190,529

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 197,076 95,677
Amounts owed by participating interests 12,911 1,841
Other debtors 30,450 28,466
240,437 125,984

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 151,554 112,147
Taxation and social security 76,486 55,018
Other creditors 64,344 64,603
292,384 231,768