MACRETE HOLDINGS LIMITED


Directors	MAXWELL, Craig
	MAXWELL, Rachel Christina


Registered Address	5 Victoria Place
	Airdrie
	ML6 9BU


Registered Number	SC787943 (Scotland)

Balance Sheet as at
31 December 2025

	Notes	31 Dec 2025		30 Nov 2024
		£	£	£	£
Fixed assets
Intangible assets	3		944,700		944,700
			944,700		944,700
Creditors amounts falling due within one year	4	(445,900)		(445,700)
Net current assets (liabilities)			(445,900)		(445,700)
Total assets less current liabilities			498,800		499,000
Net assets			498,800		499,000
Capital and reserves
Called up share capital			1,000		-
Profit and loss account			497,800		499,000
Shareholders' funds			498,800		499,000

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 24 August 2026, and are signed on its behalf by:

MAXWELL, Rachel Christina
Director
Registered Company No. SC787943

MACRETE HOLDINGS LIMITED

Notes to the Financial Statements
for the period ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 December 24	944,700
	At 31 December 25	944,700
	Net book value
	At 31 December 25	944,700
	At 30 November 24	944,700

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	168,444	37,500
Other creditors	275,256	407,200
Accrued liabilities and deferred income	2,200	1,000
Total	445,900	445,700

5.	Directors advances, credits and guarantees
	At the year-end, there was a balance due to the Directors from Macrete Holdings Limited of £139,000 (2024: £140,000). This loan is interest-free and is repayable on demand.

6.	Related party transactions
	At the year end, there was a balance of £4,700 owed to Fusion Electrical & Civils Ltd (2024: £4,700), in which the Directors, Craig and Rachel Maxwell, have a controlling interest.

7.	Controlling party
	There is no ultimate controlling party.