Scott Mackie Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC286318

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,133,006		2,033,277

			2,133,006		2,033,277
CURRENT ASSETS
Stocks	5	25,000		25,000
Debtors	6	573,991		551,900
Cash at bank and in hand		401,222		437,022

		1,000,213		1,013,922
Creditors: Amounts Falling Due Within One Year	7	(352,056 )		(378,555 )

NET CURRENT ASSETS (LIABILITIES)			648,157		635,367

TOTAL ASSETS LESS CURRENT LIABILITIES			2,781,163		2,668,644

Creditors: Amounts Falling Due After More Than One Year	8		(214,738 )		(171,040 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(326,134 )		(338,706 )

NET ASSETS			2,240,291		2,158,898

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			2,240,191		2,158,798

SHAREHOLDERS' FUNDS			2,240,291		2,158,898

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Scott Mackie Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Marian Mackie

Director

13 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Scott Mackie Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC286318 . The registered office is 11 Panbride Road, Carnoustie, Angus, DD7 6HS.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No Depreciation
Plant & Machinery	15% reducing balance method
Motor Vehicles	25% reducing balance method
Fixtures & Fittings	20% Straight line method
Computer Equipment	33% straight line method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. 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 year 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Scott Mackie Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2025: 20)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	678,452	2,531,422	277,933	16,836
Additions	150,020	191,765	-	-

As at 31 March 2026	828,472	2,723,187	277,933	16,836

Depreciation
As at 1 April 2025	-	1,267,715	193,797	9,854
Provided during the period	-	218,321	21,034	3,367

As at 31 March 2026	-	1,486,036	214,831	13,221

Net Book Value
As at 31 March 2026	828,472	1,237,151	63,102	3,615

As at 1 April 2025	678,452	1,263,707	84,136	6,982


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	1,400	3,506,043
Additions	666	342,451

As at 31 March 2026	2,066	3,848,494

Depreciation
As at 1 April 2025	1,400	1,472,766
Provided during the period	-	242,722

As at 31 March 2026	1,400	1,715,488

Net Book Value
As at 31 March 2026	666	2,133,006

As at 1 April 2025	-	2,033,277

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Scott Mackie Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Stocks

	2026	2025
	£	£
Stock	-	25,000
Stock	25,000	-

	25,000	25,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	506,369	492,428
Other debtors	7,668	7,668
VAT liability	59,954	51,804

	573,991	551,900

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	83,312	114,951
Corporation tax provision	79,704	101,961
Sundry creditors	5,018	-
Credit card account	1,618	1,969
HP less than 1 yr £2429.61 pm	-	15,847
HP less than 1 yr £1477.86pm	-	1,424
HP less than 1 yr £2365 pm	28,380	-
HP less than 1 yr £2561.46 pm	30,738	30,738
HP less than 1 yr £1388 pm	16,656	16,656
HP less than 1 year £3386.36	40,636	40,636
Accrued expenses	30,079	30,534
Directors' loan accounts	35,915	23,839

	352,056	378,555

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans > 1 year	132,225	58,873
HP more than 1 yr £2365pm	51,170	-
HP more than 1 yr £1388 pm	16,458	33,294
HP more than 1 yr £2561.46 pm	12,967	40,532
HP more than 1 year £3386.36	1,918	38,341

	214,738	171,040

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Scott Mackie Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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