J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Company Registration Number:
SC299913 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 467 123
Total fixed assets: 467 123
Current assets
Debtors: 4 42,303 39,653
Cash at bank and in hand: 60,339 28,390
Total current assets: 102,642 68,043
Creditors: amounts falling due within one year: 5 (13,477) (3,117)
Net current assets (liabilities): 89,165 64,926
Total assets less current liabilities: 89,632 65,049
Provision for liabilities: (93) (23)
Total net assets (liabilities): 89,539 65,026
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 89,529 65,016
Shareholders funds: 89,539 65,026

The notes form part of these financial statements

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Balance sheet statements

For the year ending 31 March 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 10 November 2025
and signed on behalf of the board by:

Name: J McGHEE
Status: Director

The notes form part of these financial statements

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Notes to the Financial Statements

for the Period Ended 31 March 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 and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Plant & machinery etc -25% on reducing balance

Other accounting policies

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 2,816
Additions 499
At 31 March 2025 3,315
Depreciation
At 01 April 2024 2,693
Charge for year 155
At 31 March 2025 2,848
Net book value
At 31 March 2025 467
At 31 March 2024 123

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

The amount due of £13477 is made up as follows : Taxation & social security £11930 Other creditors £1547

J. MCGHEE (FINANCIAL CONSULTANT) LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Loans to directors

Name of director receiving advance or credit: J McGHEE
Description of the loan: Advances
£
Balance at 01 April 2024 29,000
Balance at 31 March 2025 29,000

The advance is interest bearing and repayable on demand .