REGISTERED NUMBER: SC276732 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The McIntosh Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Craigie

Ms A Valente

SECRETARY:

Ms A Valente

REGISTERED OFFICE:

7 Panmure Terrace

Dundee

Angus

DD3 6HP

REGISTERED NUMBER:

SC276732 (Scotland)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

286

382

286

382

CURRENT ASSETS

Debtors

6

-

3,263

Cash at bank

2,435

2,222

2,435

5,485

CREDITORS

Amounts falling due within one year

7

47,185

50,514

NET CURRENT LIABILITIES

(44,750

)

(45,029

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(44,464

)

(44,647

)

PROVISIONS FOR LIABILITIES

8

54

73

NET LIABILITIES

(44,518

)

(44,720

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

(44,520

)

(44,722

)

SHAREHOLDERS' FUNDS

(44,518

)

(44,720

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 9 September 2025 and were signed on its behalf by:

G Craigie - Director

1.	STATUTORY INFORMATION

The McIntosh Partnership 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 (£).

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 2004, 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.

Computer equipment

-

25% on reducing balance

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.

Going concern

The company has a deficit of £44,518 (2023: £44,720) on the balance sheet and made a profit/(loss) for the year of £183 (2023: £4,787). The directors are confident that the company will be able to trade out of its current difficulties.

The company is currently supported by a directors loan of £46,566 (2023: £49,896).

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

7,598

AMORTISATION

At 1 January 2024

and 31 December 2024

7,598

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

9,239

DEPRECIATION

At 1 January 2024

8,857

Charge for year

96

At 31 December 2024

8,953

NET BOOK VALUE

At 31 December 2024

286

At 31 December 2023

382

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

3,263

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

47,185

50,514

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

54

73

Deferred

tax

£

Balance at 1 January 2024

73

Provided during year

(19

)

Balance at 31 December 2024

54

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary

£1

2

2