xbrl

SC515305falsehire of construction machinery2025-02-012026-06-30http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/cd:Director12025-02-012026-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2026-06-30http://www.companieshouse.gov.uk/cd:Director22025-02-012026-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-02-012026-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2025-02-012026-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-02-012026-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2026-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/2025-02-012026-06-30http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FRS1022025-02-012026-06-30http://www.companieshouse.gov.uk/2026-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-02-012026-06-30http://www.companieshouse.gov.uk/cd:FilletedAccounts2025-02-012026-06-30iso4217:GBPxbrli:sharesxbrli:pure


Registered number: SC515305






A McPherson & Co Ltd


FINANCIAL STATEMENTS

FOR THE 515 DAY PERIOD ENDED 30 JUNE 2026


(Ceased trading 30 June 2026)























Prepared By:
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ


FINANCIAL STATEMENTS
FOR THE 515 DAY PERIOD ENDED 30 JUNE 2026





DIRECTORS
Alison Davidson
Alexander McPherson


REGISTERED OFFICE
G6, The Granary Business Centre
Coal Road
Cupar
Fife
KY15 5YQ


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC515305



ACCOUNTANTS
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ


FINANCIAL STATEMENTS
FOR THE515 DAY PERIODENDED30 JUNE 2026



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30 June 2026

			2026		2025
	Notes		£		£

FIXED ASSETS
Tangible assets	3		-		65,313

CURRENT ASSETS
Debtors	5	-		10,773
Cash at bank and in hand		30,590		15,116
		30,590		25,889
CREDITORS: Amounts falling due within one year	6	12,689		57,763
NET CURRENT ASSETS / (LIABILITIES)			17,901		(31,874)
TOTAL ASSETS LESS CURRENT LIABILITIES			17,901		33,439


CREDITORS: Amounts falling due after more than one year	7		-		714


PROVISIONS FOR LIABILITIES AND CHARGES			-		9,385

NET ASSETS			17,901		23,340

CAPITAL AND RESERVES

Called up share capital	8		10,000		10,000
Other reserves			-		5,420
Profit and loss account			7,901		7,920
SHAREHOLDERS' FUNDS			17,901		23,340

For the year ending 30 June 2026 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 30 July 2026 and signed on their behalf by



.............................
Alison Davidson
Director




1a. General Information Basis Of Accounting
The company is limited by shares and incorporated in Scotland. The address of the registered office is given in the company information on page 1 of these financial statements. The company's place of business is No 1 Small Holdings, Windygates.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. However, as the directors decided to cease all trading operations on 30 June 2026, the financial statements have not been prepared on a going concern basis. The finanacial statements have been prepared on a basis other than going concern.
The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.




1b. Turnover
Turnover represents the amounts receivable arising from the supply of goods net of VAT and trade discounts.
Turnover is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Turnover is recognised as the fair value of the consideration received or receivable for services provided in the normal course of business, net of VAT and trade discounts.




1c. Tangible Fixed Assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, ofeach asset on a systematic basis over its expected useful life as follows:

Commercial Vehicles		reducing balance25%
Equipment		straight line20%




1d. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.




1e. Cash And Cash Equivalents
Cash and cash equivalents are basic financial instruments which 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.




1f. Financial Instruments
Basic financial assets - 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.
Basic financial liabilities - Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at 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 operations 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.




1g. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.




1h. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1i. Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets acquired under hire purchase contracts and finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.
Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the term of the lease.




1j. Critical Accounting Estimates And Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.
The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period, or in the period of the revision and future periods where the revision affects both current and future periods.




3. TANGIBLE FIXED ASSETS

	Land And	Plant and
	Buildings	Machinery Etc.	Total
	£	£	£
Cost
At 1 February 2025	35,000	180,850	215,850
Disposals	(35,000)	(180,850)	(215,850)
At 30 June 2026	-	-	-
Depreciation
At 1 February 2025	-	150,537	150,537
Disposals	-	(150,537)	(150,537)
At 30 June 2026	-	-	-
Net Book Amounts
At 30 June 2026	-	-	-
At 31 January 2025	35,000	30,313	65,313




2. EMPLOYEES

	2026	2025
	No.	No.
Average number of employees	1	1




8. SHARE CAPITAL	2026	2025
	£	£
Allotted, issued and fully paid:
100 Ordinary of £100 each	10000	10000
	10,000	10,000




4. INVESTMENT PROPERTIES

	Investment
	Properties	Total
	£	£
Fair value
At 1 February 2025	35,000	35,000
Disposals	(35,000)	(35,000)
At 30 June 2026	-	-




5. DEBTORS	2026	2025
	£	£

Amounts falling due within one year:
Trade debtors	-	9,330
VAT	-	1,442
Other debtors	-	1
	-	10,773




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2026	2025
	£	£
Trade creditors	-	24
Taxation and social security	12,689	5,655
Other creditors	-	52,084
	12,689	57,763


Obligations under hire purchase contracts totalling £Nil (2025 - £7,009) are secured over equipment in the company.




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2026	2025
	£	£
Other creditors	-	714
	-	714


Included in other creditors are:
Obligations under hire purchase	-	714


Obligations under hire purchase contracts totalling £Nil (2025 - £7,724) are secured over equipment in the company.