McKenzie Enterprise Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC353946

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,981		7,157
Investment Properties	5		475,000		475,000

			484,981		482,157
CURRENT ASSETS
Cash at bank and in hand		9,778		9,060

		9,778		9,060
Creditors: Amounts Falling Due Within One Year	6	(386,614 )		(368,058 )

NET CURRENT ASSETS (LIABILITIES)			(376,836 )		(358,998 )

TOTAL ASSETS LESS CURRENT LIABILITIES			108,145		123,159

Creditors: Amounts Falling Due After More Than One Year	7		(4,110 )		(18,945 )

NET ASSETS			104,035		104,214

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Revaluation reserve	9		105,991		105,991
Profit and Loss Account			(2,956 )		(2,777 )

SHAREHOLDERS' FUNDS			104,035		104,214

Page 1

Page 2

McKenzie Enterprise Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Brian McKenzie

Director

22/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

McKenzie Enterprise Limited is a private company, limited by shares, incorporated in Scotland, registered number SC353946 . The registered office is Correilwood, 58 Hamilton Drive, Elgin, Moray, IV30 4NJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

15% RB

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 February 2025	54,346
Additions	3,898

As at 31 January 2026	58,244

Depreciation
As at 1 February 2025	47,189
Provided during the period	1,074

As at 31 January 2026	48,263

...CONTINUED

Page 3

Page 4

McKenzie Enterprise Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	9,981

As at 1 February 2025	7,157

5. Investment Property

	2026
	£
Fair Value
As at 1 February 2025 and 31 January 2026	475,000

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	(1 )
Bank loans and overdrafts	14,330	11,555
Other creditors	372,284	356,504

	386,614	368,058

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	4,110	18,945

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 February 2025	105,991	(2,777 )
Loss for the year and total comprehensive income	-	(179 )

As at 31 January 2026	105,991	(2,956 )

Page 4