REGISTERED NUMBER: SC487475 (Scotland)

MT Autos Lossie Ltd

Financial Statements For The Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Taylor

Mr B Smith

Mr T Smith

REGISTERED OFFICE:

27 Golf Crescent

Hopeman

Moray

IV30 5TL

REGISTERED NUMBER:

SC487475 (Scotland)

ACCOUNTANTS:

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

BANKERS:

The Royal Bank of Scotland

209 High Street

Elgin

Moray

IV30 1DL

FIXED ASSETS

Tangible assets

4

22,478

22,414

CURRENT ASSETS

Stocks

21,350

9,853

Debtors

5

2,945

5,902

Cash at bank and in hand

36,790

43,072

61,085

58,827

CREDITORS

Amounts falling due within one year

6

29,628

22,162

NET CURRENT ASSETS

31,457

36,665

TOTAL ASSETS LESS CURRENT LIABILITIES

53,935

59,079

CREDITORS

Amounts falling due after more than one year

7

-

(4,686

)

PROVISIONS FOR LIABILITIES

9

(3,830

)

(4,259

)

NET ASSETS

50,105

50,134

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

50,005

50,034

SHAREHOLDERS' FUNDS

50,105

50,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2026 and were signed on its behalf by:

Mr M J Taylor - Director

1.	STATUTORY INFORMATION

MT Autos Lossie 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.

Equipment

-

33% on cost and 25% on reducing balance

Stocks

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

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

Equipment

fittings

£

£

£

COST

At 1 October 2024

-

22,894

2,497

Additions

5,643

280

-

Disposals

-

(413

)

-

At 30 September 2025

5,643

22,761

2,497

DEPRECIATION

At 1 October 2024

-

14,068

1,818

Charge for year

292

2,271

170

Eliminated on disposal

-

(413

)

-

At 30 September 2025

292

15,926

1,988

NET BOOK VALUE

At 30 September 2025

5,351

6,835

509

At 30 September 2024

-

8,826

679

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

25,750

417

51,558

Additions

125

-

6,048

Disposals

-

-

(413

)

At 30 September 2025

25,875

417

57,193

DEPRECIATION

At 1 October 2024

12,841

417

29,144

Charge for year

3,251

-

5,984

Eliminated on disposal

-

-

(413

)

At 30 September 2025

16,092

417

34,715

NET BOOK VALUE

At 30 September 2025

9,783

-

22,478

At 30 September 2024

12,909

-

22,414

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

2,945

3,166

Other debtors

-

2,736

2,945

5,902

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

4,362

4,826

Trade creditors

8,344

6,940

Taxation and social security

10,997

8,815

Other creditors

5,925

1,581

29,628

22,162

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

-

4,686

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.9.25

30.9.24

£

£

Within one year

15,050

13,450

9.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

3,830

4,259

Deferred

tax

£

Balance at 1 October 2024

4,259

Provided during year

(429

)

Balance at 30 September 2025

3,830

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

Ordinary

1

100

100

11.

RESERVES

Retained

earnings

£

At 1 October 2024

50,034

Profit for the year

14,471

Dividends

(14,500

)

At 30 September 2025

50,005

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £14,500 (2024 - £14,000) were paid to the directors .

At 1 October 2024 the company owed one of the directors £580. During the year the company met expenses on behalf of this director totalling £309. At 30 September 2025 the company owed this director £271. This loan is interest free and has no fixed terms.