REGISTERED NUMBER: SC337322 (Scotland)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 July 2025

for

McKenzie Willis Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

A McKenzie

F Willis

REGISTERED OFFICE:

Amicable House

252 Union Street

Aberdeen

AB10 1TN

REGISTERED NUMBER:

SC337322 (Scotland)

ACCOUNTANTS:

MacDonald Accountancy Services

11 Margaret Street

Stonehaven

Aberdeenshire

AB39 2AY

The directors present their report with the financial statements of the company for the year ended 31 July 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 August 2024 to the date of this report.

A McKenzie

F Willis

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

F Willis - Director

2 September 2025

TURNOVER

176,252

195,521

Cost of sales

9,671

10,192

GROSS PROFIT

166,581

185,329

Administrative expenses

108,501

119,628

OPERATING PROFIT

4

58,080

65,701

Interest receivable and similar income

732

1,008

PROFIT BEFORE TAXATION

58,812

66,709

Tax on profit

12,001

14,150

PROFIT FOR THE FINANCIAL YEAR

46,811

52,559

FIXED ASSETS

Tangible assets

5

1,875

2,500

CURRENT ASSETS

Debtors

6

37,666

41,488

Cash at bank

24,048

41,130

61,714

82,618

CREDITORS

Amounts falling due within one year

7

24,343

36,683

NET CURRENT ASSETS

37,371

45,935

TOTAL ASSETS LESS CURRENT LIABILITIES

39,246

48,435

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

39,242

48,431

SHAREHOLDERS' FUNDS

39,246

48,435

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

F Willis - Director

1.	STATUTORY INFORMATION

McKenzie Willis 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.

Tangible fixed assets

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

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 3 (2024 - 3 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.25

31.7.24

£

£

Depreciation - owned assets

625

800

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

9,623

DEPRECIATION

At 1 August 2024

7,123

Charge for year

625

At 31 July 2025

7,748

NET BOOK VALUE

At 31 July 2025

1,875

At 31 July 2024

2,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

26,035

24,747

Other debtors

11,631

16,741

37,666

41,488

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

1,506

7,880

Taxation and social security

20,375

25,957

Other creditors

2,462

2,846

24,343

36,683