The director presents his annual report and financial statements for the year ended 31 December 2025.

The principal activity of the company is the sale and lease of designs of specialised machinery.

The director who held office during the year and up to the date of signature of the financial statements was as follows:

At 31 December 2025 the company had net current assets of £108,154 (2024 - £101,710) and made a profit of £36,444 (2024 - £35,805) for the year.

The company has limited activities and had sufficient resources to meet its liabilities as they fall due in the 12 month period following approval of these financial statements. The company continues to lease its designs to its parent company, PROBAT Limited, which remains operational and has prepared forecasts covering the period of 12 months of approval of its financial statements which the director has access to as part of his assessment of the recoverability of the debtor owed by the parent company.

Accordingly, the director does not consider there to be a material uncertainty arising over the going concern basis of preparation of the financial statements.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The profit and loss account has been prepared on the basis that all operations are continuing operations.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies. For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

MacIntyre Systems Ltd is a private company limited by shares incorporated in Scotland. The registered office and principal place of business is Sir William Smith Road, Kirkton Industrial Estate, Arbroath, Angus, DD11 3RD.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

Turnover is recognised at the fair value of the consideration received or receivable for leasing of designs and drawings. It is recognised in the period to which it relates.

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

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

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The 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 net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

The director has made no key judgements or estimates in preparing these financial statements.

The average monthly number of persons (including directors) employed by the company during the year was:

As a wholly owned subsidiary of MacIntyre Chocolate Systems Limited, the company has taken advantage of the exemption in section 1A of FRS 102 not to disclose transactions with wholly owned group companies.

The company is a wholly owned subsidiary of PROBAT Limited (formerly MacIntyre Chocolate Systems Limited). The ultimate parent and controlling party is PROBAT Werke von Gimborn GmbH, a company incorporated in Germany.

The smallest and largest group in which the results of the company are consolidated is that headed by PROBAT Werke von Gimborn GmbH. Financial statements are available from Reeser Str. 94, 46446 Emmerich am Rhein, Germany.