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Company registration number: SC649517
M C Squared (Scot) Ltd
Unaudited filleted financial statements
31 December 2024
M C Squared (Scot) Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
M C Squared (Scot) Ltd
Directors and other information
Directors Mrs Caroline Reid
Mr Irvine Conner (Appointed 4 September 2024)
Company number SC649517
Registered office 12 Burnbrae Grove
Edinburgh
EH12 8BF
Accountants EQ Accountants Limited
41 Charlotte Square
Edinburgh
EH2 4HQ
M C Squared (Scot) Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of M C Squared (Scot) Ltd
Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M C Squared (Scot) Ltd for the year ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Institute of Chartered Accountants of Scotland , we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of M C Squared (Scot) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of M C Squared (Scot) Ltd and state those matters that we have agreed to state to the board of directors of M C Squared (Scot) Ltd as a body, in this report in accordance with the requirements of Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M C Squared (Scot) Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that M C Squared (Scot) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M C Squared (Scot) Ltd. You consider that M C Squared (Scot) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of M C Squared (Scot) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
EQ Accountants Limited
Chartered Accountants
41 Charlotte Square
Edinburgh
EH2 4HQ
25 September 2025
M C Squared (Scot) Ltd
Statement of financial position
31 December 2024
2024 2023
£ £
Fixed assets 152,059 152,181
_______ _______
Current assets 6,012 6,931
Creditors: amounts falling due within one year ( 145,263) ( 149,288)
_______ _______
Net current liabilities ( 139,251) ( 142,357)
_______ _______
Total assets less current liabilities 12,808 9,824
Accruals and deferred income ( 822) ( 720)
_______ _______
Net assets 11,986 9,104
_______ _______
Capital and reserves 11,986 9,104
_______ _______
Notes to the financial statements
M C Squared (Scot) Ltd
Year ended 31 December 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:
Mrs Caroline Reid
Director
Company registration number: SC649517
The company is a private company limited by shares, registered in Scotland.