MCGREGOR ORR LTD

Company Registration Number:
SC686247 (Scotland)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

MCGREGOR ORR LTD

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

MCGREGOR ORR LTD

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 285,232 272,536
Total fixed assets: 285,232 272,536
Current assets
Stocks:   1,687
Cash at bank and in hand: 458 849
Total current assets: 458 2,536
Creditors: amounts falling due within one year:   (94,056) (79,628)
Net current assets (liabilities): (93,598) (77,092)
Total assets less current liabilities: 191,634 195,444
Creditors: amounts falling due after more than one year: 4 (183,750) (183,750)
Total net assets (liabilities): 7,884 11,694
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 7,881 11,691
Shareholders funds: 7,884 11,694

The notes form part of these financial statements

MCGREGOR ORR LTD

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2025
and signed on behalf of the board by:

Name: C McGregor
Status: Director

The notes form part of these financial statements

MCGREGOR ORR LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Tangible fixed assets and depreciation policy

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Land and Buildings - 0% Reducing balance Plant and Machinery - 25% Reducing balance Investment property Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Other accounting policies

Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Going concern These financial statements have been prepared on a going concern basis on the basis that the directors will support the business over the next twelve months from the balance sheet date which will enable the it to realise its assets and discharge its liabilities in its normal course of business

MCGREGOR ORR LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

MCGREGOR ORR LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 272,776
Revaluations 12,773
At 31 January 2025 285,549
Depreciation
At 01 February 2024 240
Charge for year 77
At 31 January 2025 317
Net book value
At 31 January 2025 285,232
At 31 January 2024 272,536

MCGREGOR ORR LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Creditors: amounts falling due after more than one year note

On 6th October 2023 the company granted a Standard Security over the property of the company in favour of HSBC UK Bank Plc.

MCGREGOR ORR LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Loans to directors

Name of director receiving advance or credit: C McGregor
Description of the loan: Loan from director
£
Balance at 01 February 2024 34,071
Advances or credits repaid: 5,000
Balance at 31 January 2025 29,071
Name of director receiving advance or credit: R Orr
Description of the loan: Loan from director
£
Balance at 01 February 2024 30,000
Advances or credits repaid: 15,000
Balance at 31 January 2025 15,000

The loan is interest free and repayable on demand.

MCGREGOR ORR LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

6. Related party transactions

Name of the related party: P J Orr Ltd
Relationship:
common director
Description of the Transaction: During the year P J Orr Ltd a company with a common director paid expenses on behalf of the company.
£
Balance at 01 February 2024 13,000
Balance at 31 January 2025 31,200
Name of the related party: Mr P Orr
Relationship:
close family memeber
Description of the Transaction: Durning the year Mr P J Orr a close family menber of director Mr R Orr paid expenses on behalf of the company.
£
Balance at 01 February 2024 1,249
Balance at 31 January 2025 929
Name of the related party: Mr & Mrs J McGregor
Relationship:
close family members
Description of the Transaction: Durning the year Mr & Mrs J McGregor close family members of the Director Mr C McGregor loaned the company £20,010 of which £10,006 was repaid.
£
Balance at 01 February 2024 0
Balance at 31 January 2025 10,006