J & E Macleod Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC033652 (Scotland)

J & E MACLEOD LIMITED

Financial Statements for the Year Ended 28 February 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss E A M Macphail

SECRETARY:

Mrs J Macleod

REGISTERED OFFICE:

Failte

22a Goathill Crescent

Stornoway

Isle of Lewis

HS1 2TB

REGISTERED NUMBER:

SC033652 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Tangible assets

5

6,492

Investments

6

45,000

51,492

CURRENT ASSETS

Debtors

7

1,709

1,098

Cash at bank

159,542

157,539

161,251

158,637

CREDITORS

Amounts falling due within one year

8

38,981

36,991

NET CURRENT ASSETS

122,270

121,646

TOTAL ASSETS LESS CURRENT
LIABILITIES

173,762

173,138

CAPITAL AND RESERVES

Called up share capital

15,000

Retained earnings

158,762

158,138

SHAREHOLDERS' FUNDS

173,762

173,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2025 and were signed by:

Miss E A M Macphail - Director

1.	STATUTORY INFORMATION

J & E Macleod 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounts are rounded to the nearest £1.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of rents receivable for the accounting period, excluding value added tax.

Tangible fixed assets

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

Freehold property

-

not provided

No depreciation is provided on freehold property as the directors are of the opinion that the residual value of the property is in excess of the written down net book value per the Balance Sheet.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 March 2024

and 28 February 2025

13,029

DEPRECIATION

At 1 March 2024

and 28 February 2025

6,537

NET BOOK VALUE

At 28 February 2025

6,492

At 29 February 2024

6,492

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2024

and 28 February 2025

45,000

NET BOOK VALUE

At 28 February 2025

45,000

At 29 February 2024

45,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Prepayments and accrued income

1,709

1,098

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Tax

1,992

31

Due to group undertaking

34,243

Accruals and deferred income

1,743

Accrued expenses

1,003

974

38,981

36,991

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.