MALCOLM STEWART LIMITED

Company Registration Number:
SC331694 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

MALCOLM STEWART LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

MALCOLM STEWART LIMITED

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 7,221,600 3,681,974
Investments: 4 215,416 194,649
Total fixed assets: 7,437,016 3,876,623
Current assets
Stocks: 407,423 364,895
Debtors: 5 167,614 210,879
Cash at bank and in hand: 89 89
Total current assets: 575,126 575,863
Creditors: amounts falling due within one year: 6 (925,701) (614,758)
Net current assets (liabilities): (350,575) (38,895)
Total assets less current liabilities: 7,086,441 3,837,728
Creditors: amounts falling due after more than one year: 7 (4,343,792) (1,764,616)
Total net assets (liabilities): 2,742,649 2,073,112
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,742,549 2,073,012
Shareholders funds: 2,742,649 2,073,112

The notes form part of these financial statements

MALCOLM STEWART LIMITED

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 July 2026
and signed on behalf of the board by:

Name: Mark Stewart
Status: Director

The notes form part of these financial statements

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 13 12

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 5,563,658
Additions 4,307,438
Disposals (458,484)
At 31 December 2025 9,412,612
Depreciation
At 01 January 2025 1,881,684
Charge for year 360,828
On disposals (51,500)
At 31 December 2025 2,191,012
Net book value
At 31 December 2025 7,221,600
At 31 December 2024 3,681,974

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Fixed investments

Arla Investment

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Debtors

2025 2024
££
Debtors due after more than one year: 167,614 210,879

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

6. Creditors: amounts falling due within one year note

Bank Loans and Overdrafts - £265,028 Trade Creditors - £429,515 Corporation Tax - £110,037 PAYE - £7,712 Hire Purchase - £113,409

MALCOLM STEWART LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

7. Creditors: amounts falling due after more than one year note

Bank Loans and overdrafts - £4,025,350 Directors Loan - £134,207 Hire Purchase - £184,235