Archie McKinnon Painter and Decorators Ltd 28/07/2025 iXBRL

Company registration number: SC635768

Archie McKinnon Painter and Decorators Ltd

Unaudited filleted financial statements

28 July 2025

Archie McKinnon Painter and Decorators Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Archie McKinnon Painter and Decorators Ltd

Directors and other information


	Directors	Mr Archie McKinnon


	Company number	SC635768


	Registered office	1-2 Smith Buildings
		Millhall
		Stirling
		FK7 7LT


	Accountants	Dickson Middleton
		20 Barnton Street
		Stirling
		FK8 1NE

Archie McKinnon Painter and Decorators Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Archie McKinnon Painter and Decorators Ltd

Period ended 28 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Archie McKinnon Painter and Decorators Ltd for the period ended 28 July 2025 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 ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the board of directors of Archie McKinnon Painter and Decorators 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 Archie McKinnon Painter and Decorators Ltd and state those matters that we have agreed to state to the board of directors of Archie McKinnon Painter and Decorators Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Archie McKinnon Painter and Decorators Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Archie McKinnon Painter and Decorators 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 Archie McKinnon Painter and Decorators Ltd. You consider that Archie McKinnon Painter and Decorators Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Archie McKinnon Painter and Decorators 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.

Dickson Middleton

20 Barnton Street

Stirling

FK8 1NE

9 October 2025

Archie McKinnon Painter and Decorators Ltd

Statement of financial position

28 July 2025

		28/07/25		28/07/24
	Note	£	£	£	£

Fixed assets
Tangible assets	5	35,756		46,829
		_______		_______
			35,756		46,829

Current assets
Stocks		500		500
Debtors	6	99,877		78,051
Cash at bank and in hand		493		4,370
		_______		_______
		100,870		82,921
Creditors: amounts falling due
within one year	7	( 110,489)		( 90,055)
		_______		_______
Net current liabilities			( 9,619)		( 7,134)
			_______		_______
Total assets less current liabilities			26,137		39,695

Creditors: amounts falling due
after more than one year	8		( 25,294)		( 38,737)
			_______		_______
Net assets			843		958
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			842		957
			_______		_______
Shareholders funds			843		958
			_______		_______

For the period ending 28 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period 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 financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 09 October 2025 , and are signed on behalf of the board by:

Mr Archie McKinnon

Director

Company registration number: SC635768

Archie McKinnon Painter and Decorators Ltd

Notes to the financial statements

Period ended 28 July 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Harlequin Hall Unit, 1-2 Smith Buildings, Millhall, Stirling, FK7 7LT.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	straight line
Fittings fixtures and equipment	-	25 %	straight line
Motor vehicles	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 13 (2024: 9 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 29 July 2024	3,615	1,424	65,903	70,942
Additions	-	-	7,245	7,245
	_______	_______	_______	_______
At 28 July 2025	3,615	1,424	73,148	78,187
	_______	_______	_______	_______
Depreciation
At 29 July 2024	1,243	1,365	21,505	24,113
Charge for the year	723	59	17,536	18,318
	_______	_______	_______	_______
At 28 July 2025	1,966	1,424	39,041	42,431
	_______	_______	_______	_______
Carrying amount
At 28 July 2025	1,649	-	34,107	35,756
	_______	_______	_______	_______
At 28 July 2024	2,372	59	44,398	46,829
	_______	_______	_______	_______

6. Debtors

	28/07/25	28/07/24
	£	£
Trade debtors	40,550	39,299
Other debtors	59,327	38,752
	_______	_______
	99,877	78,051
	_______	_______

7. Creditors: amounts falling due within one year

	28/07/25	28/07/24
	£	£
Bank loans and overdrafts	35,381	47,452
Trade creditors	26,249	-
Social security and other taxes	6,558	18,643
Other creditors	42,301	23,960
	_______	_______
	110,489	90,055
	_______	_______

8. Creditors: amounts falling due after more than one year

	28/07/25	28/07/24
	£	£
Bank loans and overdrafts	2,911	11,342
Other creditors	22,383	27,395
	_______	_______
	25,294	38,737
	_______	_______