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Registration number: SC513069

Mitchell Associates Consulting Limited
Filleted Annual Report and Unaudited Financial Statements
for the Year Ended 31 August 2025

Mitchell Associates Consulting Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 7

Mitchell Associates Consulting Limited

Company Information

Director | I M S Mitchell

Registered office | 4 Bankton Wood Murieston Livingston EH54 9DW

Accountants | Mitchell Oswald Chartered Accountants 28 James Young Road Bathgate West Lothian EH48 2UP

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Mitchell Associates Consulting Limited
for the Year Ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mitchell Associates Consulting Limited for the year ended 31 August 2025 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at www.icas.com.

This report is made solely to the Board of Directors of Mitchell Associates Consulting Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Mitchell Associates Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Mitchell Associates Consulting Limited, as a body, in this report in accordance with the requirements of The Institute of Chartered Accountants of Scotland as detailed at www.icas.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mitchell Associates Consulting Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mitchell Associates Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mitchell Associates Consulting Limited. You consider that Mitchell Associates Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Mitchell Associates Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Mitchell Oswald Chartered Accountants
28 James Young Road
Bathgate
West Lothian
EH48 2UP

24 April 2026

Mitchell Associates Consulting Limited

(Registration number: SC513069)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Other financial assets | 5 | 74,517 | 38,655
Current assets |  |  |
Cash at bank and in hand |  | 35,370 | 70,655
Creditors: Amounts falling due within one year | 6 | (1,620) | (1,150)
Net current assets |  | 33,750 | 69,505
Total assets less current liabilities |  | 108,267 | 108,160
Provisions for liabilities |  | (1,184) | (957)
Net assets |  | 107,083 | 107,203
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Other reserves |  | 5,046 | 4,348
Retained earnings |  | 102,036 | 102,854
Shareholders' funds |  | 107,083 | 107,203

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 April 2026

......................................... I M S Mitchell Director |  |

Mitchell Associates Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
4 Bankton Wood
Murieston
Livingston
EH54 9DW

These financial statements were authorised for issue by the director on 24 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that, as disclosed in the accounting policies, certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. Investment income is included in the accounts on receipt of the income.
The company recognises revenue when:
The amount of revenue can be reliably measured;
services have been delivered to the customer; and
collectability of the related receivables is fairly assured.

Tax

Tax is recognised in the profit or loss of the company.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.
Deferred tax is accounted for in respect of all material timing differences. Deferred tax is charged/(credited) to the profit and loss account.

Mitchell Associates Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand 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 services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.
Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Mitchell Associates Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Financial instruments

Classification
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and director's loans to the company.
Recognition and measurement
Trade debtors and trade creditors are measured at the undiscounted amounts receivable from a customer or payable to a supplier, which is normally the invoice price.
Director's loans to the company which are repayable on demand are measured at the undiscounted amount of the cash expected to be paid.
Impairment
Trade debtors are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in profit or loss.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year was 0 (2024 - 0).

Mitchell Associates Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 4,145 | 4,145
At 31 August 2025 | 4,145 | 4,145
Depreciation
At 1 September 2024 | 4,145 | 4,145
At 31 August 2025 | 4,145 | 4,145
Carrying amount
At 31 August 2025 | - | -

5 | Other financial assets

| Financial assets at fair value through profit and loss | Total £
Non-current financial assets
Cost or valuation
At 1 September 2024 | 38,655 | 38,655
Revaluations | 3,257 | 3,257
Additions | 51,314 | 51,314
Disposals | (18,709) | (18,709)
At 31 August 2025 | 74,517 | 74,517
Carrying amount
At 31 August 2025 | 74,517 | 74,517

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 1,620 | 1,150