REGISTERED NUMBER: SC208664 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

McCaig Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E J McCaig

J S K Hislop

SECRETARY:

J S K Hislop

REGISTERED OFFICE:

116 Hanover Street

Edinburgh

EH2 1DR

REGISTERED NUMBER:

SC208664 (Scotland)

ACCOUNTANTS:

Neil Nisbet & Co.

c/o Neil Nisbet & Co.

Thain House

226 Queensferry Road

Edinburgh

EH4 2BP

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

69,360

103,360

Investment property

6

133,864

128,864

203,224

232,224

CURRENT ASSETS

Debtors

7

88,912

102,528

Cash at bank

52,553

41,599

141,465

144,127

CREDITORS

Amounts falling due within one year

8

1,920

1,850

NET CURRENT ASSETS

139,545

142,277

TOTAL ASSETS LESS CURRENT LIABILITIES

342,769

374,501

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Non distributable income

reserve

8,000

3,000

Retained earnings

333,769

370,501

SHAREHOLDERS' FUNDS

342,769

374,501

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 directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

E J McCaig - Director

1.	STATUTORY INFORMATION

McCaig Services Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

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.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

3,754

DEPRECIATION

At 1 April 2024

and 31 March 2025

3,754

NET BOOK VALUE

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Other investments

69,360

103,360

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

128,864

Revaluations

5,000

At 31 March 2025

133,864

NET BOOK VALUE

At 31 March 2025

133,864

At 31 March 2024

128,864

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

8,000

Cost

125,864

133,864

If the property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

125,864

125,864

The investment property was valued on an open market basis on 31 March 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

88,912

102,528

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

1,920

1,850

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

E J McCaig

Balance outstanding at start of year

3,770

623

Amounts advanced

955

3,770

Amounts repaid

(3,770

)

(623

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

955

3,770

10.	ULTIMATE CONTROLLING PARTY

The controlling party is E J McCaig.