Registration number: SC269058

McLeod & Aitken Edinburgh Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

McLeod & Aitken Edinburgh Limited

Company Information

Director

Mr Norman Fiddes

Company secretary

Ms Eileen Masterman

Registered office

14 Young Street EDINBURGH EH2 4JB

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

McLeod & Aitken Edinburgh Limited

(Registration number: SC269058)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	10,091	6,616
Current assets
Debtors	5	20,090	4,653
Cash at bank and in hand		398,230	480,926
		418,320	485,579
Creditors: Amounts falling due within one year	6	(58,740)	(134,897)
Net current assets		359,580	350,682
Net assets		369,671	357,298
Capital and reserves
Called up share capital		2	2
Retained earnings		369,669	357,296
Shareholders' funds		369,671	357,298

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2026
 

......................................... Mr Norman Fiddes Director

McLeod & Aitken Edinburgh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% on reducing blance

McLeod & Aitken Edinburgh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

McLeod & Aitken Edinburgh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

3	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 August 2024	210,000	210,000
At 31 July 2025	210,000	210,000
Amortisation
At 1 August 2024	210,000	210,000
At 31 July 2025	210,000	210,000
Carrying amount
At 31 July 2025	-	-

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 August 2024	3,443	10,535	14,209	28,187
Additions	-	-	4,667	4,667
At 31 July 2025	3,443	10,535	18,876	32,854
Depreciation
At 1 August 2024	3,295	10,057	8,219	21,571
Charge for the year	32	103	1,057	1,192
At 31 July 2025	3,327	10,160	9,276	22,763
Carrying amount
At 31 July 2025	116	375	9,600	10,091
At 31 July 2024	148	478	5,990	6,616

5

Debtors

Current	2025 £	2024 £
Trade debtors	20,090	4,653
	20,090	4,653

McLeod & Aitken Edinburgh Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	56,640	132,797
Accruals and deferred income	2,100	2,100
	58,740	134,897