McGinley Consultancy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC187316 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

McGinley Consultancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A M McGinley

J A McGinley

SECRETARY:

J A McGinley

REGISTERED OFFICE:

Pavilion 1

Finnieston Business Park

Minerva Way

GLASGOW

G3 8AU

REGISTERED NUMBER:

SC187316 (Scotland)

ACCOUNTANTS:

Gerber Landa & Gee

Chartered Accountants

Pavilion 1

Finnieston Business Park

Minerva Way

GLASGOW

G3 8AU

CURRENT ASSETS

Debtors

5

12,370

22,437

Cash at bank

17

4

12,387

22,441

CREDITORS

Amounts falling due within one year

6

6,287

10,378

NET CURRENT ASSETS

6,100

12,063

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,100

12,063

CREDITORS

Amounts falling due after more than one year

7

1,300

1,900

NET ASSETS

4,800

10,163

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

4,798

10,161

SHAREHOLDERS' FUNDS

4,800

10,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2026 and were signed on its behalf by:

J A McGinley - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

2,210

DEPRECIATION

At 1 September 2024

and 31 August 2025

2,210

NET BOOK VALUE

At 31 August 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Directors' current accounts

12,370

22,437

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts

1,200

Tax

1,684

3,862

Accrued expenses

3,403

5,316

6,287

10,378

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Bank loans - 1-2 years

1,200

Bank loans - 2-5 years

100

700

1,300

1,900

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

Mrs A M McGinley

Balance outstanding at start of year

11,219

11,227

Amounts advanced

6,213

14,209

Amounts repaid

(11,247

)

(14,217

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

6,185

11,219

J A McGinley

Balance outstanding at start of year

11,218

11,227

Amounts advanced

6,214

14,209

Amounts repaid

(11,247

)

(14,218

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

6,185

11,218

The loans to the directors carry no interest and were repaid in full by 31 May 2026.