REGISTERED NUMBER: SC240498 (Scotland)

Financial Statements for the Year Ended 31 December 2024

for

MacDonald Plant Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I W MacDonald

REGISTERED OFFICE:

Old Inn House

Moy

Inverness

IV13 7YF

REGISTERED NUMBER:

SC240498 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

4

79,940

102,956

CURRENT ASSETS

Stocks

-

22,250

Debtors

5

45,337

58,207

Cash at bank

19,086

68,078

64,423

148,535

CREDITORS

Amounts falling due within one year

6

106,245

211,086

NET CURRENT LIABILITIES

(41,822

)

(62,551

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38,118

40,405

CREDITORS

Amounts falling due after more than one year

7

26,342

40,267

NET ASSETS

11,776

138

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

11,775

137

SHAREHOLDERS' FUNDS

11,776

138

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

I W MacDonald - Director

1.	STATUTORY INFORMATION

MacDonald Plant 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.

Plant and machinery etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

14,023

243,356

257,379

Additions

-

649

649

Disposals

-

(3,950

)

(3,950

)

At 31 December 2024

14,023

240,055

254,078

DEPRECIATION

At 1 January 2024

-

154,423

154,423

Charge for year

-

21,137

21,137

Eliminated on disposal

-

(1,422

)

(1,422

)

At 31 December 2024

-

174,138

174,138

NET BOOK VALUE

At 31 December 2024

14,023

65,917

79,940

At 31 December 2023

14,023

88,933

102,956

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

24,677

18,682

Other debtors

20,660

39,525

45,337

58,207

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

6,000

6,000

Hire purchase contracts

8,291

39,141

Trade creditors

36,304

65,114

Taxation and social security

52,160

99,071

Other creditors

3,490

1,760

106,245

211,086

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,000

11,000

Hire purchase contracts

21,342

29,267

26,342

40,267

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

I W MacDonald

Balance outstanding at start of year

23,667

13,272

Amounts advanced

-

10,395

Amounts repaid

(24,418

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(751

)

23,667

9.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by the director Mr I MacDonald by virtue of his 100% holding in the ordinary share capital of the company.