REGISTERED NUMBER: SC048839 (Scotland)

Abridged Financial Statements for the Year Ended 30 September 2025

for

Machine Tool Engineers (E.K.) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Alexander

J Muir

SECRETARY:

J Muir

REGISTERED OFFICE:

15 Strathmore House

Town centrre

EAST KILBRIDE

G74 1LF

REGISTERED NUMBER:

SC048839 (Scotland)

ACCOUNTANTS:

RAEBURN ALLISON & CO

CHARTERED ACCOUNTANTS

13/15 STRATHMORE HOUSE

TOWN CENTRE

EAST KILBRIDE

GLASGOW

G74 1LF

FIXED ASSETS

Tangible assets

4

44,581

73,425

CURRENT ASSETS

Debtors

67,330

-

Cash at bank

632,657

764,575

699,987

764,575

CREDITORS

Amounts falling due within one year

(76,963

)

(40,172

)

NET CURRENT ASSETS

623,024

724,403

TOTAL ASSETS LESS CURRENT LIABILITIES

667,605

797,828

CREDITORS

Amounts falling due after more than one year

(19,505

)

-

NET ASSETS

648,100

797,828

CAPITAL AND RESERVES

Called up share capital

6

32,000

32,000

Capital redemption reserve

8,000

8,000

Retained earnings

608,100

757,828

SHAREHOLDERS' FUNDS

648,100

797,828

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 7 May 2026 and were signed on its behalf by:

J Muir - Director

1.	STATUTORY INFORMATION

Machine Tool Engineers (E.K.) 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 represents invoiced sales, excluding value added tax, after adjusting for work in progress movement.

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.

Motor vehicles

-

25% on reducing balance

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

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.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

147,832

Additions

39,788

Disposals

(121,640

)

At 30 September 2025

65,980

DEPRECIATION

At 1 October 2024

74,407

Charge for year

14,858

Eliminated on disposal

(67,866

)

At 30 September 2025

21,399

NET BOOK VALUE

At 30 September 2025

44,581

At 30 September 2024

73,425

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

Totals

£

COST

Additions

39,788

At 30 September 2025

39,788

DEPRECIATION

Charge for year

9,946

At 30 September 2025

9,946

NET BOOK VALUE

At 30 September 2025

29,842

5.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

11,670

-

Between one and five years

19,505

-

31,175

-

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

32,000

Ordinary

£1

32,000

32,000

7.	ULTIMATE CONTROLLING PARTY

Throughout the year the company was under the control of its directors.