Barclay MacVicar Limited - Filleted accounts

Barclay MacVicar Limited
Registered number:		SC405287
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			25,048

Current assets
Debtors	4	46,514			38,991
Cash at bank and in hand		22,450			6,214
		68,964			45,205

Creditors: amounts falling due within one year	5	(53,097)			(51,176)

Net current assets/(liabilities)			15,867			(5,971)

Total assets less current liabilities			15,867			19,077

Creditors: amounts falling due after more than one year	6		(15,750)			(18,750)



Net assets			117			327

Capital and reserves
Called up share capital			2			2
Profit and loss account			115			325

Shareholders' funds			117			327

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Allan Macdonald
Director
Approved by the board on 8 May 2026

Barclay MacVicar Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	1,342		32,495		33,837
	Disposals	-		(32,495)		(32,495)
	At 31 August 2025	1,342		-		1,342

	Depreciation
	At 1 September 2024	1,342		7,447		8,789
	On disposals	-		(7,447)		(7,447)
	At 31 August 2025	1,342		-		1,342

	Net book value
	At 31 August 2025	-		-		-
	At 31 August 2024	-		25,048		25,048


4	Debtors			2025		2024
£					£

	Trade debtors			-		9,180
	Other debtors			46,514		29,811
				46,514		38,991

	Other debtors represents a sum recoverable from the directors at 31 August 2025. This was
	repaid on 7 May 2026.

5	Creditors: amounts falling due within one year			2025		2024
£					£

	Corporation tax			25,888		23,052
	Other taxes and social security costs			26,334		27,274
	Other creditors			875		850
				53,097		51,176


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			15,750		18,750


7	Controlling party

	The controlling parties are Allan and Gloria Macdonald who each own 50% of the issued share capital of the company.


8	Other information

	Barclay MacVicar Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	21 Paddockdyke
	SKELMORLIE
	PA17 5DA