REGISTERED NUMBER: SC559274 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Massie Mechanical Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C Massie

Mr S J Massie

REGISTERED OFFICE:

Po Box

Massie Mechanical Services Ltd Nethermil

Tarves

Ellon

AB41 7NT

REGISTERED NUMBER:

SC559274 (Scotland)

ACCOUNTANTS:

BW Accountancy Services Limited

25a Market Place

Inverurie

AB51 3PU

FIXED ASSETS

Tangible assets

4

82,846

70,445

CURRENT ASSETS

Stocks

17,500

20,000

Debtors

5

22,430

15,905

Cash at bank

75,248

47,911

115,178

83,816

CREDITORS

Amounts falling due within one year

6

75,081

72,889

NET CURRENT ASSETS

40,097

10,927

TOTAL ASSETS LESS CURRENT LIABILITIES

122,943

81,372

CREDITORS

Amounts falling due after more than one year

7

(23,701

)

(19,975

)

PROVISIONS FOR LIABILITIES

(10,285

)

-

NET ASSETS

88,957

61,397

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

88,955

61,395

88,957

61,397

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

Mr S J Massie - Director

1.	STATUTORY INFORMATION

Massie Mechanical Services 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.

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.

Turnover

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

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

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

33,873

68,938

8,805

Additions

-

2,699

603

Disposals

-

-

-

At 31 March 2025

33,873

71,637

9,408

DEPRECIATION

At 1 April 2024

14,358

36,352

5,889

Charge for year

3,903

7,057

704

Eliminated on disposal

-

-

-

At 31 March 2025

18,261

43,409

6,593

NET BOOK VALUE

At 31 March 2025

15,612

28,228

2,815

At 31 March 2024

19,515

32,586

2,916

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

26,300

1,351

139,267

Additions

41,790

541

45,633

Disposals

(19,000

)

-

(19,000

)

At 31 March 2025

49,090

1,892

165,900

DEPRECIATION

At 1 April 2024

11,797

426

68,822

Charge for year

8,755

293

20,712

Eliminated on disposal

(6,480

)

-

(6,480

)

At 31 March 2025

14,072

719

83,054

NET BOOK VALUE

At 31 March 2025

35,018

1,173

82,846

At 31 March 2024

14,503

925

70,445

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

17,829

11,592

Other debtors

4,601

4,313

22,430

15,905

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

5,095

3,313

Trade creditors

28,175

22,757

Taxation and social security

24,083

18,127

Other creditors

17,728

28,692

75,081

72,889

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

17,833

4,141

Other creditors

5,868

15,834

23,701

19,975