REGISTERED NUMBER: SC468140 (Scotland)

Financial Statements For The Year Ended 31 March 2025

for

C A Mackie Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C A Mackie

Ms M Meighan

REGISTERED OFFICE:

c/o Robb Ferguson

Regent Court

70 West Regent Street

GLASGOW

G2 2QZ

REGISTERED NUMBER:

SC468140 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Intangible assets

4

2,122,873

113,632

Tangible assets

5

854,788

378,957

2,977,661

492,589

CURRENT ASSETS

Stocks

255,358

159,594

Debtors

344,848

180,710

Cash at bank and in hand

379,996

264,377

980,202

604,681

CREDITORS

Amounts falling due within one year

1,457,427

975,497

NET CURRENT LIABILITIES

(477,225

)

(370,816

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,500,436

121,773

CREDITORS

Amounts falling due after more than one year

6

(2,567,290

)

(98,738

)

PROVISIONS FOR LIABILITIES

(93,249

)

(35,339

)

NET LIABILITIES

(160,103

)

(12,304

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(160,203

)

(12,404

)

SHAREHOLDERS' FUNDS

(160,103

)

(12,304

)

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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Ms C A Mackie - Director

1.	STATUTORY INFORMATION

C A Mackie Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis. The Directors consider that the going concern basis is appropriate as although the company has net liabilities, these are principally represented by sums due to the Directors who have confirmed their continued support.

Turnover

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

Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Heritable property

-

2% on cost

Improvements to property

-

10% on cost

Fixed plant and equipment

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer Equipment

-

33.33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the statement of comprehensive income. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the statement of comprehensive income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of 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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the statement of comprehensive income on the straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

1,238,409

Additions

2,208,885

At 31 March 2025

3,447,294

AMORTISATION

At 1 April 2024

1,124,777

Amortisation for year

199,644

At 31 March 2025

1,324,421

NET BOOK VALUE

At 31 March 2025

2,122,873

At 31 March 2024

113,632

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

554,291

Additions

597,837

Disposals

(26,542

)

At 31 March 2025

1,125,586

DEPRECIATION

At 1 April 2024

175,334

Charge for year

118,644

Eliminated on disposal

(23,180

)

At 31 March 2025

270,798

NET BOOK VALUE

At 31 March 2025

854,788

At 31 March 2024

378,957

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

1,512,523

-

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,780,982

132,938

Unity Trust Bank plc hold a floating charge over the property or undertaking of the company.