IRIS Accounts Production v25.4.0.155 SC767875 Board of Directors 2.5.23 31.5.24 31.5.24 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC767875 2023-05-01 SC767875 2024-05-31 SC767875 2023-05-02 2024-05-31 SC767875 2023-05-01 SC767875 ns15:Scotland 2023-05-02 2024-05-31 SC767875 ns14:PoundSterling 2023-05-02 2024-05-31 SC767875 ns10:Director1 2023-05-02 2024-05-31 SC767875 ns10:PrivateLimitedCompanyLtd 2023-05-02 2024-05-31 SC767875 ns10:SmallEntities 2023-05-02 2024-05-31 SC767875 ns10:AuditExemptWithAccountantsReport 2023-05-02 2024-05-31 SC767875 ns10:SmallCompaniesRegimeForDirectorsReport 2023-05-02 2024-05-31 SC767875 ns10:SmallCompaniesRegimeForAccounts 2023-05-02 2024-05-31 SC767875 ns10:FullAccounts 2023-05-02 2024-05-31 SC767875 ns10:Director2 2023-05-02 2024-05-31 SC767875 ns10:RegisteredOffice 2023-05-02 2024-05-31 SC767875 ns5:CurrentFinancialInstruments 2024-05-31 SC767875 ns5:Non-currentFinancialInstruments 2024-05-31 SC767875 ns5:ShareCapital 2024-05-31 SC767875 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 SC767875 ns5:PlantMachinery 2023-05-02 2024-05-31 SC767875 ns5:PlantMachinery 2024-05-31 SC767875 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-05-02 2024-05-31 SC767875 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-05-31 SC767875 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31

REGISTERED NUMBER: SC767875 (Scotland)

Unaudited Financial Statements

for the Period 2nd May 2023 to 31st May 2024

for

S.F McDougall Contracts Limited

| S.F McDougall Contracts Limited (Registered number: SC767875) |

Contents of the Financial Statements

for the Period 2nd May 2023 to 31st May 2024

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |  | to |  | 5

| Report of the Accountants | 6 |

| S.F McDougall Contracts Limited |

Company Information

for the Period 2nd May 2023 to 31st May 2024

| DIRECTORS: | S McDougall

| F McDougall

| REGISTERED OFFICE: | Farries, Kirk & McVean

| Dumfries Enterprise Park

| Heathhall

| Dumfries

| DG1 3SJ

| REGISTERED NUMBER: | SC767875 (Scotland)

| ACCOUNTANTS: | Farries Kirk & McVean

| Dumfries Enterprise Park

| Heathhall

| Dumfries

| DUMFRIESSHIRE

| DG1 3SJ

| S.F McDougall Contracts Limited (Registered number: SC767875) |

Balance Sheet

31st May 2024

| Notes | £ | £ |

| FIXED ASSETS

| Tangible assets | 4 | 2,444,335 |  |

| CURRENT ASSETS

| Debtors | 5 | 151,561 |  |  |

| Cash at bank | 187,963 |  |  |

339,524 |  |

| CREDITORS

| Amounts falling due within one year | 6 | 814,038 |  |

| NET CURRENT LIABILITIES | (474,514 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 1,969,821 |  |

| CREDITORS

| Amounts falling due after more than one year | 7 | 2,328,124 |  |

| NET LIABILITIES | (358,303 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 100 |  |

| Retained earnings | (358,403 | ) |

(358,303 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st May 2024 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 19th January 2026 and were signed on its behalf by:

S McDougall - Director

| S.F McDougall Contracts Limited (Registered number: SC767875) |

Notes to the Financial Statements

for the Period 2nd May 2023 to 31st May 2024

1. | STATUTORY INFORMATION

| S.F McDougall Contracts Limited 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 from contracting 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

| Amounts written off each asset over the estimated useful life represent cost less residual value.

| Taxation

| Taxation for the period 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 period 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| S.F McDougall Contracts Limited (Registered number: SC767875) |

Notes to the Financial Statements - continued

for the Period 2nd May 2023 to 31st May 2024

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| Trade debtors

| Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

| Trade creditors

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

| Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non current liabilities.

| Borrowings

| Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transactions costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

| Provisions and contingencies

| Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 3,007,440 |  |

| At 31st May 2024 | 3,007,440 |  |

| DEPRECIATION

| Charge for period | 563,105 |  |

| At 31st May 2024 | 563,105 |  |

| NET BOOK VALUE

| At 31st May 2024 | 2,444,335 |  |

| S.F McDougall Contracts Limited (Registered number: SC767875) |

Notes to the Financial Statements - continued

for the Period 2nd May 2023 to 31st May 2024

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 3,001,450 |  |

| At 31st May 2024 | 3,001,450 |  |

| DEPRECIATION

| Charge for period | 561,610 |  |

| At 31st May 2024 | 561,610 |  |

| NET BOOK VALUE

| At 31st May 2024 | 2,439,840 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other debtors | 151,561 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Hire purchase contracts | 629,948 |  |

| Taxation and social security | 1 |  |

| Other creditors | 184,089 |  |

814,038 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

£ |

| Hire purchase contracts | 2,328,124 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

£ |

| Hire purchase contracts | 2,958,072 |  |

| The hire purchase creditors are secured on the assets on which the finance is actually outstanding.

9. | RELATED PARTY DISCLOSURES

| At 31st May 2024, the company owed the sum of £29,008 to S McDougall by way of a director's loan account. This amount is repayable on demand and no interest is charged on the sum advanced.

| S.F McDougall Contracts Limited |

Report of the Accountants to the Directors of

S.F McDougall Contracts Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31st May 2024 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Farries Kirk & McVean

Dumfries Enterprise Park

Heathhall

Dumfries

DUMFRIESSHIRE

DG1 3SJ

19th January 2026