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REGISTERED NUMBER: SC486539 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

D Mackay Limited

D Mackay Limited (Registered number: SC486539)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D Mackay Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: D W Mackay





REGISTERED OFFICE: An-Torr
Dixonfield
Thurso
Caithness
KW14 8YN





REGISTERED NUMBER: SC486539 (Scotland)





ACCOUNTANTS: Thor Accountancy Ltd
23 Duncan Street
Thurso
Caithness
KW14 7HU

D Mackay Limited (Registered number: SC486539)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 6,500
Tangible assets 5 244,699 253,412
244,699 259,912

CURRENT ASSETS
Stocks 10,295 10,455
Debtors 6 71,445 88,799
Cash at bank and in hand 127,495 92,135
209,235 191,389
CREDITORS
Amounts falling due within one year 7 135,442 142,068
NET CURRENT ASSETS 73,793 49,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

318,492

309,233

CREDITORS
Amounts falling due after more than one
year

8

(20,000

)

(36,687

)

PROVISIONS FOR LIABILITIES (22,562 ) (26,908 )
NET ASSETS 275,930 245,638

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 275,830 245,538
275,930 245,638

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

The financial statements were approved by the director and authorised for issue on 23 June 2025 and were signed by:



D W Mackay - Director


D Mackay Limited (Registered number: SC486539)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

D Mackay 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 15% 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.

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 6 (2023 - 6 ) .

D Mackay Limited (Registered number: SC486539)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 65,000
AMORTISATION
At 1 October 2023 58,500
Charge for year 6,500
At 30 September 2024 65,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 6,500

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 125,953 250,308 376,261
Additions - 4,481 4,481
At 30 September 2024 125,953 254,789 380,742
DEPRECIATION
At 1 October 2023 - 122,849 122,849
Charge for year - 13,194 13,194
At 30 September 2024 - 136,043 136,043
NET BOOK VALUE
At 30 September 2024 125,953 118,746 244,699
At 30 September 2023 125,953 127,459 253,412

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 71,445 88,799

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 42,083 53,640
Taxation and social security 9,741 6,539
Other creditors 83,618 81,889
135,442 142,068

D Mackay Limited (Registered number: SC486539)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 20,000 25,139
Hire purchase contracts - 11,548
20,000 36,687