Company Registration No. SC456769 (Scotland)
Mainstreet Consulting Limited
Unaudited accounts
for the year ended 31 August 2025
Mainstreet Consulting Limited
Unaudited accounts
Contents
Mainstreet Consulting Limited
Company Information
for the year ended 31 August 2025
Directors
D Welsh
M W McLintock
Company Number
SC456769 (Scotland)
Registered Office
95/7 Orchard Brae Avenue
Edinburgh
EH4 2UT
Accountants
Judith M Pritchard, Chartered Accountant
Accountancy & Taxation Services
9 McLauchlan Rise
Aberdour
Fife
KY3 0SS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Mainstreet Consulting Limited
for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Mainstreet Consulting Limited for the year ended
31 August 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Judith M Pritchard, Chartered Accountant
Chartered Accountants
Accountancy & Taxation Services
9 McLauchlan Rise
Aberdour
Fife
KY3 0SS
3 October 2025
Mainstreet Consulting Limited
Statement of financial position
as at 31 August 2025
Tangible assets
33,205
835
Cash at bank and in hand
52,517
36,682
Creditors: amounts falling due within one year
(60,102)
(43,241)
Net current assets
22,614
22,007
Total assets less current liabilities
55,819
22,842
Creditors: amounts falling due after more than one year
(22,384)
-
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
25,247
22,642
Shareholders' funds
25,447
22,842
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
M W McLintock
Director
Company Registration No. SC456769
Mainstreet Consulting Limited
Notes to the Accounts
for the year ended 31 August 2025
Mainstreet Consulting Limited is a private company, limited by shares, registered in Scotland, registration number SC456769. The registered office is 95/7 Orchard Brae Avenue, Edinburgh, EH4 2UT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents fees raised for services provided, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance method
Fixtures & fittings
25% straight line basis
Computer equipment
33.3% straight line basis
Work in progress is valued as a percentage of contract value based on stage of completion of contract.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Mainstreet Consulting Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
-
933
9,653
10,586
Additions
33,435
154
2,435
36,024
Disposals
-
-
(2,687)
(2,687)
At 31 August 2025
33,435
1,087
9,401
43,923
At 1 September 2024
-
819
8,932
9,751
Charge for the year
2,786
84
784
3,654
On disposals
-
-
(2,687)
(2,687)
At 31 August 2025
2,786
903
7,029
10,718
At 31 August 2025
30,649
184
2,372
33,205
At 31 August 2024
-
114
721
835
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
Trade debtors
28,800
19,644
Accrued income and prepayments
1,399
904
Mainstreet Consulting Limited
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,884
-
Taxes and social security
36,994
23,631
Other creditors
2,057
1,036
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
22,384
-
9
Deferred taxation
2025
2024
Accelerated capital allowances
7,988
-
Charged to the profit and loss account
7,988
-
Provision at end of year
7,988
-
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120
120
80 Ordinary 'B' shares of £1 each
80
80
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan
168
-
-
168
The Director's loan is interest free and has no fixed terms of repayment.
12
Average number of employees
During the year the average number of employees was 2 (2024: 2).