McDonald Insulation Services Limited

Registered number

11438025

Filleted Accounts

30 June 2025

McDonald Insulation Services Limited
Registered number:		11438025
Balance Sheet
as at 30 June 2025
restated
Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		72,433			84,406

Current assets
Debtors	5	352,625			296,205
Cash at bank and in hand		92,193			204,702
		444,818			500,907

Creditors: amounts falling due within one year	6	(298,429)			(505,948)

Net current assets/(liabilities)			146,389			(5,041)

Total assets less current liabilities			218,822			79,365

Creditors: amounts falling due after more than one year	7		(123,687)			(30,120)



Net assets			95,135			49,245

Capital and reserves
Called up share capital			1			1
Profit and loss account			95,134			49,244

Shareholders' funds			95,135			49,245

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Daniel McDonald
Director
Approved by the board on 3 September 2026

McDonald Insulation Services Limited
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	25% reducing balance
	Equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.








	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2	Prior year adjustments

	During the year it was identified that certain motor vehicles, and an amount of cash at bank, included in the balance sheet as at 30 June 2024 had in fact already been disposed of or part-exchanged, and were not correctly reflected in the financial statements for the year then ended. The comparative figures for the year ended 30 June 2024 have been restated accordingly.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


4	Tangible fixed assets
		Equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 July 2024	16,854		87,491		104,345
	Additions	-		78,288		78,288
	Disposals	-		(87,491)		(87,491)
	At 30 June 2025	16,854		78,288		95,142

	Depreciation
	At 1 July 2024	9,440		10,499		19,939
	Charge for the year	1,853		19,437		21,290
	On disposals	-		(18,520)		(18,520)
	At 30 June 2025	11,293		11,416		22,709

	Net book value
	At 30 June 2025	5,561		66,872		72,433
	At 30 June 2024	7,414		76,992		84,406


5	Debtors			2025		2024
£					£

	Trade debtors			233,676		204,591
	Other debtors			118,949		91,614
				352,625		296,205


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			5,776		-
	Trade creditors			178,224		406,176
	Taxation and social security costs			114,429		98,522
	Other creditors			-		1,250
				298,429		505,948


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			24,630		30,120
	Obligations under finance lease and hire purchase contracts			99,057		-
				123,687		30,120


8	Other information

	McDonald Insulation Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	C/O RK & CO
	355 Wilmslow Road
	Manchester
	M14 6XU