Company Registration No. SC467110 (Scotland)
McCreadie & Hughes Limited
Unaudited accounts
for the year ended 31 March 2025
McCreadie & Hughes Limited
Unaudited accounts
Contents
McCreadie & Hughes Limited
Company Information
for the year ended 31 March 2025
Directors
John Hughes
Paul McCreadie
Company Number
SC467110 (Scotland)
Registered Office
94 HOPE STREET
SUITE 2.11
GLASGOW
G2 6PH
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
McCreadie & Hughes Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,301
1,735
Cash at bank and in hand
919,319
931,586
Creditors: amounts falling due within one year
(40,883)
(45,732)
Net current assets
1,086,302
1,092,534
Net assets
1,087,603
1,094,269
Called up share capital
104
104
Profit and loss account
1,087,499
1,094,165
Shareholders' funds
1,087,603
1,094,269
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by
John Hughes
Director
Company Registration No. SC467110
McCreadie & Hughes Limited
Notes to the Accounts
for the year ended 31 March 2025
McCreadie & Hughes Limited is a private company, limited by shares, registered in Scotland, registration number SC467110. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
3,663
21,128
24,791
At 31 March 2025
3,663
21,128
24,791
At 1 April 2024
3,198
19,858
23,056
Charge for the year
116
318
434
At 31 March 2025
3,314
20,176
23,490
At 31 March 2025
349
952
1,301
At 31 March 2024
465
1,270
1,735
McCreadie & Hughes Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
50,786
47,777
Other debtors
157,080
156,930
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
40,883
39,996
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Average number of employees
During the year the average number of employees was 1 (2024: 2).