Company registration number SC790712 (Scotland)
MCQUEEN OPTICAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MCQUEEN OPTICAL LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MCQUEEN OPTICAL LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
Investments
3
66,163
66,163
Current assets
Cash at bank and in hand
14,471
2,433
Creditors: amounts falling due within one year
4
(43,994)
(28,699)
Net current liabilities
(29,523)
(26,266)
Total assets less current liabilities
36,640
39,897
Creditors: amounts falling due after more than one year
5
(22,375)
(33,052)
Net assets
14,265
6,845
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
14,263
6,843
Total equity
14,265
6,845

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 January 2026 and are signed on its behalf by:
Mr P D McQueen
Director
Company registration number SC790712 (Scotland)
MCQUEEN OPTICAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

McQueen Optical Ltd is a private company limited by shares incorporated in Scotland. The registered office is 26, Millbank Drive, Bishopton, Scotland, PA7 5NG.

1.1
Basis of preparation

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.

1.2
Revenue

Turnover represents the amounts derived from the provision of goods and services which fall within

the company's ordinary activities and is stated net of Value Added Tax. Revenue is recognised on

despatch of goods.

1.3
Fixed asset investments

Investments in subsidiary undertakings are recognised at cost.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
66,163
66,163
MCQUEEN OPTICAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,740
10,803
Other creditors
33,254
17,896
43,994
28,699
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
22,375
33,052
2025-11-30 2024-12-01 false false false CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr P D McQueen Mrs S McQueen SC790712 2024-12-01 2025-11-30 SC790712 2025-11-30 SC790712 2024-11-30 SC790712 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 SC790712 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 SC790712 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 SC790712 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 SC790712 core:CurrentFinancialInstruments 2025-11-30 SC790712 core:CurrentFinancialInstruments 2024-11-30 SC790712 core:ShareCapital 2025-11-30 SC790712 core:ShareCapital 2024-11-30 SC790712 core:RetainedEarningsAccumulatedLosses 2025-11-30 SC790712 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC790712 bus:Director1 2024-12-01 2025-11-30 SC790712 2023-11-28 2024-11-30 SC790712 core:Non-currentFinancialInstruments 2025-11-30 SC790712 core:Non-currentFinancialInstruments 2024-11-30 SC790712 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC790712 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC790712 bus:FRS102 2024-12-01 2025-11-30 SC790712 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 SC790712 bus:Director2 2024-12-01 2025-11-30 SC790712 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP