1.
General Information
J & S McKenzie Group Limited
is a private company, limited by shares, incorporated in Scotland, registered number
SC600655
. The registered office is Dunvorist, Station Road, Murthly, Perthshire, PH1 4EL.
The presentation currency of the financial statements is the Pound Sterling (£).
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.3.
Preparation of consolidated financial statements
The financial statements contain information about J & S McKenzie Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.4.
Investments in subsidiaries
Investment in wholly owned subsidiaries and associated undertakings are recognised at cost less any provision for impairment. Carrying values of investments in subsidiaries and associates are reviewed at the end of each reporting period for any indication of impairment with any effect accounted for in the profit and loss account.
Investments in subsidiaries and associated undertakings are de-recognised upon disposal of the owned share capital and associated control of the entity.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
4.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost or Valuation | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Provision | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Net Book Value | |
| As at 31 December 2025 |
|
| As at 1 January 2025 |
|
J & S McKenzie Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
The company's investments at the Balance Sheet date in the share capital of companies include the following:
Aberfeldy Caravan Park Ltd
Registered office: Dunvorist Station Road, Murthly, Perth, Scotland, PH1 4EL
Nature of business: Holiday rental at a caravan park
Class of shares: Ordinary
Percentage of direct holding: 100%
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Aggregate capital and reserves
|
113,385
|
53,323
|
|
|
Profit/(loss) for the year
|
60,061
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
60,361
|
5.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
|
|
|
| Other debtors | - |
|
|
| VAT |
|
|
|
| Directors' loan accounts |
|
|
|
| Amounts owed by associates |
|
|
|
|
|
|
||
6.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Accruals and deferred income |
|
|
|
|
|
|
||
7.
Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
| As at 1 January 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2025 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Mr John McKenzie |
|
|
|
- |
|
| Mr Steven McKenzie |
|
|
|
- |
|
The above loans are interest free and have no fixed repayment terms.
8.
Related Party Transactions
As at 31 December 2025, there is a loan balance due of £90,000 (2024: £100,000) from a company that is owned by the
directors of J & S McKenzie Group Limited.
The above loan is interest free and has no fixed repayment terms.
J & S McKenzie Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9.
Exceptional Items
During the year, the company recognised the following exceptional items:
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Intercompany loan write off
|
(875,000)
|
(2,030,000)
|
|
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
||
|
875,000
|
(2,030,000)
|
10.
Ultimate Controlling Party
The company's ultimate controlling parties are
S McKenzie and J McKenzie.