Mormarc Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC148220

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		49		66

			49		66
CURRENT ASSETS
Debtors	5	12,384		14,131
Cash at bank and in hand		2		44

		12,386		14,175
Creditors: Amounts Falling Due Within One Year	6	(16,319 )		(16,071 )

NET CURRENT ASSETS (LIABILITIES)			(3,933 )		(1,896 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,884 )		(1,830 )

Creditors: Amounts Falling Due After More Than One Year	7		(7,397 )		(7,708 )

NET LIABILITIES			(11,281 )		(9,538 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(11,283 )		(9,540 )

SHAREHOLDERS' FUNDS			(11,281)		(9,538)

Page 1

Page 2

Mormarc Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Abbott

Director

16/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mormarc Limited is a private company, limited by shares, incorporated in Scotland, registered number SC148220 . The registered office is Loanend Farm, Strichen, Fraserburgh, Aberdeenshire,, AB43 6RQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% on reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: 1)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 May 2024	621

As at 30 April 2025	621

Depreciation
As at 1 May 2024	555
Provided during the period	17

As at 30 April 2025	572

Net Book Value
As at 30 April 2025	49

As at 1 May 2024	66

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	12,384	14,131

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	1,300	1,900
Other creditors	410	470
Taxation and social security	14,609	13,701

	16,319	16,071

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Page 4

Mormarc Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	7,397	7,708

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Mr David Abbott	11,892	-	1,813	-	10,079

The above loan is unsecured, interest free and repayable on demand.