REGISTERED NUMBER: SC336688 (Scotland)

MANN JUDD GORDON LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Cunningham

J E Moffat

REGISTERED OFFICE:

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

REGISTERED NUMBER:

SC336688 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Intangible assets

5

80,000

100,000

Tangible assets

6

23,981

11,794

103,981

111,794

CURRENT ASSETS

Debtors

7

483,032

397,915

Cash at bank and in hand

285,757

308,928

768,789

706,843

CREDITORS

Amounts falling due within one year

8

240,919

211,475

NET CURRENT ASSETS

527,870

495,368

TOTAL ASSETS LESS CURRENT LIABILITIES

631,851

607,162

CREDITORS

Amounts falling due after more than one year

9

-

(11,667

)

PROVISIONS FOR LIABILITIES

(13,837

)

-

NET ASSETS

618,014

595,495

CAPITAL AND RESERVES

Called up share capital

90

90

Retained earnings

617,924

595,405

SHAREHOLDERS' FUNDS

618,014

595,495

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by:

R Cunningham - Director

J E Moffat - Director

1.	STATUTORY INFORMATION

Mann Judd Gordon 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 (£).

The accounts are rounded to the nearest £1.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

Significant judgements and estimates are exercised when accounting for Intangible Fixed Assets and Tangible Fixed Assets in determining the useful economic life of the assets held. This affects the depreciation charge recorded in the financial statements.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

25% depreciation on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

400,000

AMORTISATION

At 1 April 2024

300,000

Charge for year

20,000

At 31 March 2025

320,000

NET BOOK VALUE

At 31 March 2025

80,000

At 31 March 2024

100,000

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

41,761

-

41,761

Additions

882

18,093

18,975

At 31 March 2025

42,643

18,093

60,736

DEPRECIATION

At 1 April 2024

29,967

-

29,967

Charge for year

3,169

3,619

6,788

At 31 March 2025

33,136

3,619

36,755

NET BOOK VALUE

At 31 March 2025

9,507

14,474

23,981

At 31 March 2024

11,794

-

11,794

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

324,970

347,054

Other debtors

158,062

50,861

483,032

397,915

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

11,667

10,000

Trade creditors

67,542

58,302

Taxation and social security

161,710

131,579

Other creditors

-

11,594

240,919

211,475

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

11,667

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J E Moffat.