IRIS Accounts Production v26.1.0.640 SC455131 Board of Directors 1.8.24 31.7.25 31.7.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC455131 2024-07-31 SC455131 2025-07-31 SC455131 2024-08-01 2025-07-31 SC455131 2023-07-31 SC455131 2023-08-01 2024-07-31 SC455131 2024-07-31 SC455131 ns15:Scotland 2024-08-01 2025-07-31 SC455131 ns14:PoundSterling 2024-08-01 2025-07-31 SC455131 ns10:Director1 2024-08-01 2025-07-31 SC455131 ns10:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC455131 ns10:SmallEntities 2024-08-01 2025-07-31 SC455131 ns10:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 SC455131 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-01 2025-07-31 SC455131 ns10:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 SC455131 ns10:FullAccounts 2024-08-01 2025-07-31 SC455131 ns10:OrdinaryShareClass1 2024-08-01 2025-07-31 SC455131 ns10:Director2 2024-08-01 2025-07-31 SC455131 ns10:Director3 2024-08-01 2025-07-31 SC455131 ns10:RegisteredOffice 2024-08-01 2025-07-31 SC455131 ns5:CurrentFinancialInstruments 2025-07-31 SC455131 ns5:CurrentFinancialInstruments 2024-07-31 SC455131 ns5:ShareCapital 2025-07-31 SC455131 ns5:ShareCapital 2024-07-31 SC455131 ns5:RetainedEarningsAccumulatedLosses 2025-07-31 SC455131 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 SC455131 ns5:FurnitureFittings 2024-08-01 2025-07-31 SC455131 ns5:MotorVehicles 2024-08-01 2025-07-31 SC455131 ns5:ComputerEquipment 2024-08-01 2025-07-31 SC455131 ns5:FurnitureFittings 2025-07-31 SC455131 ns5:MotorVehicles 2025-07-31 SC455131 ns5:ComputerEquipment 2025-07-31 SC455131 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-07-31 SC455131 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-07-31 SC455131 ns10:OrdinaryShareClass1 2025-07-31

REGISTERED NUMBER: SC455131 (Scotland)

| Financial Statements |

| for the Year Ended 31 July 2025 |

| for |

| Mcfadzean Properties Limited |

Mcfadzean Properties Limited (Registered number: SC455131)

Contents of the Financial Statements

for the Year Ended 31 July 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Mcfadzean Properties Limited

Company Information

for the Year Ended 31 July 2025

| DIRECTORS: | R F McFadzean

| D M MacConnell

| A E Slevin

| REGISTERED OFFICE: | Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

| REGISTERED NUMBER: | SC455131 (Scotland)

| ACCOUNTANTS: | O'Haras Chartered Accountants

| Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

Mcfadzean Properties Limited (Registered number: SC455131)

Balance Sheet

31 July 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 3 | 48,705 |  | - |  |

CURRENT ASSETS

Stocks | 551,104 |  | 40,900 |  |

Debtors | 4 | 502,401 |  | 26,203 |  |

Cash at bank and in hand | 1,884 |  | 650 |  |

1,055,389 |  | 67,753 |  |

CREDITORS

Amounts falling due within one year | 5 | 896,706 |  | 132,299 |  |

NET CURRENT ASSETS/(LIABILITIES) | 158,683 |  | (64,546 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 207,388 |  | (64,546 | ) |

CAPITAL AND RESERVES

Called up share capital | 6 | 100 |  | 100 |  |

Retained earnings | 207,288 |  | (64,646 | ) |

SHAREHOLDERS' FUNDS | 207,388 |  | (64,546 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

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

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 5 June 2026 and were signed on its behalf by:

R F McFadzean - Director

Mcfadzean Properties Limited (Registered number: SC455131)

Notes to the Financial Statements

for the Year Ended 31 July 2025

1. | 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.

| Going concern

| The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

| Revenue

| Revenue represents the amounts derived from the provision of goods and services, excluding value added tax and trade discounts.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Inventories

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| 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.

| 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.

| Cash and cash equivalents

| Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Mcfadzean Properties Limited (Registered number: SC455131)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

1. | ACCOUNTING POLICIES - continued

| Impairment of fixed assets

| At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 16 (2024 - 14 ) .

3. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| Additions | 33,790 |  | 16,263 |  | 3,066 |  | 53,119 |  |

| At 31 July 2025 | 33,790 |  | 16,263 |  | 3,066 |  | 53,119 |  |

| DEPRECIATION

| Charge for year | 1,836 |  | 1,694 |  | 884 |  | 4,414 |  |

| At 31 July 2025 | 1,836 |  | 1,694 |  | 884 |  | 4,414 |  |

| NET BOOK VALUE

| At 31 July 2025 | 31,954 |  | 14,569 |  | 2,182 |  | 48,705 |  |

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 216,954 |  | 26,019 |  |

| Other debtors | 285,447 |  | 184 |  |

502,401 |  | 26,203 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 502,638 |  | 45,505 |  |

| Taxation and social security | 341,499 |  | 18,972 |  |

| Other creditors | 52,569 |  | 67,822 |  |

896,706 |  | 132,299 |  |

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |