REGISTERED NUMBER: 06387989

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

IAN MCLEAN LTD

Page

Company Information

1

Report of the Director

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

I J MCLEAN

SECRETARY:

MERLIN BUSINESS SERVICES UK LTD

REGISTERED OFFICE:

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

REGISTERED NUMBER:

06387989

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

I J MCLEAN held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

I J MCLEAN - Director

1 October 2025

TURNOVER

45,774

65,710

Cost of sales

17,244

21,851

GROSS PROFIT

28,530

43,859

Administrative expenses

23,440

31,588

OPERATING PROFIT

5,090

12,271

Interest payable and similar expenses

1

3

PROFIT BEFORE TAXATION

5,089

12,268

Tax on profit

967

2,331

PROFIT FOR THE FINANCIAL YEAR

4,122

9,937

Retained earnings at beginning of year

17,499

16,562

Dividends

4

(4,000

)

(9,000

)

RETAINED EARNINGS AT END OF YEAR

17,621

17,499

FIXED ASSETS

Tangible assets

5

6,019

6,019

CURRENT ASSETS

Cash at bank and in hand

20,371

23,307

CREDITORS

Amounts falling due within one year

6

5,123

5,442

NET CURRENT ASSETS

15,248

17,865

TOTAL ASSETS LESS CURRENT LIABILITIES

21,267

23,884

CREDITORS

Amounts falling due after more than one year

7

3,645

6,384

NET ASSETS

17,622

17,500

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

17,621

17,499

SHAREHOLDERS' FUNDS

17,622

17,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 October 2025 and were signed by:

I J MCLEAN - Director

1.	STATUTORY INFORMATION

IAN MCLEAN LTD is a private company, limited by shares , registered in Not specified/Other. 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 1 (2024 - 1 ) .

4.

DIVIDENDS

31/3/25

31/3/24

£

£

ordinary share of 1.00

Final

4,000

9,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,019

NET BOOK VALUE

At 31 March 2025

6,019

At 31 March 2024

6,019

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

58

60

Tax

967

2,331

Directors' current accounts

3,116

2,091

Accrued expenses

982

960

5,123

5,442

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bounce Back Loan

3,645

6,384