REGISTERED NUMBER: SC057105 (Scotland)

Unaudited Financial Statements For The Year Ended 31st January 2026

for

MACKENZIE ENTERPRISES (ELGIN) LIMITED

Directors:

Mr Graeme Mackenzie

Mrs Susan Mackenzie

Secretary:

Mrs Susan Mackenzie

Registered office:

151 High Street

Elgin

Moray

IV30 1DX

Registered number:

SC057105 (Scotland)

Accountants:

Goldwells

15-17 High Street

Kingussie

Inverness-Shire

PH21 1HS

Fixed assets

Tangible assets

4

1,390

1,519

Investment property

5

202,916

202,916

204,306

204,435

Current assets

Debtors

6

176,649

144

Cash at bank

220,708

478,359

397,357

478,503

Creditors

Amounts falling due within one year

7

9,182

80,750

Net current assets

388,175

397,753

Total assets less current liabilities

592,481

602,188

Provisions for liabilities

1,312

1,336

Net assets

591,169

600,852

Capital and reserves

Called up share capital

19,800

19,800

Retained earnings

571,369

581,052

Shareholders' funds

591,169

600,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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.

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 20th May 2026 and were signed on its behalf by:

Mr Graeme Mackenzie - Director

1.	Statutory information

Mackenzie Enterprises (Elgin) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

No depreciation is applied to Investment property.

The directors valued the investment properties at £202,916, on a fair value basis at 31 January 2026.

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.