REGISTERED NUMBER: SC310972 (Scotland)

Unaudited Financial Statements

For The Year Ended 30th November 2025

for

McLuskey Glazing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M McLuskey

Mrs H McLuskey

SECRETARY:

Mrs H McLuskey

REGISTERED OFFICE:

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC310972 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

76,789

90,247

76,789

90,247

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

6

83,941

67,043

Cash at bank and in hand

8,268

22,685

97,209

94,728

CREDITORS

Amounts falling due within one year

7

(62,385

)

(69,373

)

NET CURRENT ASSETS

34,824

25,355

TOTAL ASSETS LESS CURRENT LIABILITIES

111,613

115,602

CREDITORS

Amounts falling due after more than one year

8

(3,632

)

(22,191

)

NET ASSETS

107,981

93,411

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

107,781

93,211

SHAREHOLDERS' FUNDS

107,981

93,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 28th August 2026 and were signed on its behalf by:

J M McLuskey - Director

1.	STATUTORY INFORMATION

McLuskey Glazing 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.

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.

Changes in accounting policies

1. Per FRS 102 legislation the intangible asset of Goodwill has been restated to have a finite useful life of 10 years from date of purchase. This has led to an FRS adjustment of £50,000 to amortisation of intangible assets to bring the Goodwill in line with the new standard, per FRS 102, section 19, Business Combinations and Goodwill paragraph 19.23.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st December 2024

and 30th November 2025

100,000

AMORTISATION

At 1st December 2024

and 30th November 2025

100,000

NET BOOK VALUE

At 30th November 2025

-

At 30th November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st December 2024

and 30th November 2025

37,089

164,251

201,340

DEPRECIATION

At 1st December 2024

-

111,093

111,093

Charge for year

-

13,458

13,458

At 30th November 2025

-

124,551

124,551

NET BOOK VALUE

At 30th November 2025

37,089

39,700

76,789

At 30th November 2024

37,089

53,158

90,247

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

58,401

41,503

Other debtors

25,540

25,540

83,941

67,043

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

18,557

18,557

Trade creditors

20,067

16,846

Taxation and social security

16,164

15,620

Other creditors

7,597

18,350

62,385

69,373

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,632

22,191