MST GLASGOW LTD - Accounts

MST GLASGOW LTD
Director's Report
For the year ended 31 August 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 August 2025.

Principal activities

Principal activity of the company during the financial year was that of freight transport by road and construction of domestic buildings.

Director

The director who served the company throughout the year was as follows:

Madeleine SINCLAIR

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Madeleine SINCLAIR
Director

Date approved: 31 August 2026

MST GLASGOW LTD
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	12,391	16,521
		12,391	16,521
Current assets
Stocks	4	0	7,987
Debtors	5	21,056	8,557
Cash at bank and in hand		14,911	1,060
		35,967	17,604
Creditors: amount falling due within one year	6	(37,842)	(55,706)
Net current assets		(1,875)	(38,102)

Total assets less current liabilities		10,516	(21,581)
Provisions for liabilities	7	(2,354)	(3,139)
Net assets		8,162	(24,720)

Capital and reserves
Share Premium Account	8	2	2
Profit and loss account		8,160	(24,722)
Shareholders' funds		8,162	(24,720)

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 31 August 2026 and were signed by:

-------------------------------
Madeleine SINCLAIR
Director

MST GLASGOW LTD
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

MST GLASGOW LTD is a private company, limited by shares, registered in Scotland, registration number SC606016, registration address 2 Ruskin Place, Kilsyth, G65 0BP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25% RB

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 8).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 September 2024	70,396	70,396
Additions	-	-
Disposals	-	-
At 31 August 2025	70,396	70,396
Depreciation
At 01 September 2024	53,875	53,875
Charge for year	4,130	4,130
On disposals	-	-
At 31 August 2025	58,005	58,005
Net book values
Closing balance as at 31 August 2025	12,391	12,391
Opening balance as at 01 September 2024	16,521	16,521

Stocks

	2025 £		2024 £
Stocks	0		7,987
	0		7,987

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	19,870	8,535
Other Debtors	1,186	0
PAYE & Social Security	0	22
	21,056	8,557

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	1,543	0
Bank Loans & Overdrafts	7,990	18,333
PAYE & Social Security	1,696	0
Accrued Expenses	1,042	9,806
Other Creditors	8,683	8,894
VAT	16,888	18,673
	37,842	55,706

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	2,354		3,139
	2,354		3,139

Share Premium Account

	2025 £		2024 £
Equity Share Premium b/fwd	2		2
	2		2

Registered Number: SC606016
Scotland
MST GLASGOW LTD

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025