McLean Financial Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC465351

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		8,800		8,800
Tangible Assets	5		20,160		18,610

			28,960		27,410
CURRENT ASSETS
Debtors	6	19,872		29,136
Cash at bank and in hand		24,531		22,691

		44,403		51,827
Creditors: Amounts Falling Due Within One Year	7	(47,901 )		(47,018 )

NET CURRENT ASSETS (LIABILITIES)			(3,498 )		4,809

TOTAL ASSETS LESS CURRENT LIABILITIES			25,462		32,219

Creditors: Amounts Falling Due After More Than One Year	8		-		(3,500 )

PROVISIONS FOR LIABILITIES
Provisions For Charges	10		(18,770 )		(17,452 )
Deferred Taxation	9		(5,040 )		(4,653 )

NET ASSETS			1,652		6,614

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			1,552		6,514

SHAREHOLDERS' FUNDS			1,652		6,614

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McLean Financial Services Limited

Balance Sheet (continued)

As At 31 December 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Cameron McLean

Director

18/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

McLean Financial Services Limited Registered number SC465351 is a limited by shares company incorporated in Scotland. The Registered Office is 10 Avonhead Road, Condorrat, Glasgow, G67 4RA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of services supplied by the company and mortgage products commissions, with no Value Added Tax being applicable as such services are exempt.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is not amortised to the profit and loss account as the director considers there to have been no reduction in the cost value.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% - reducing balance basis
Computer Equipment	20% - reducing balance basis

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	7	8

	7	8

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McLean Financial Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	8,800

As at 31 December 2025	8,800

Net Book Value
As at 31 December 2025	8,800

As at 1 January 2025	8,800

No goodwill amortisation is considered necessary by the director.

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	3,825	36,502	40,327
Additions	-	6,507	6,507

As at 31 December 2025	3,825	43,009	46,834

Depreciation
As at 1 January 2025	2,615	19,102	21,717
Provided during the period	303	4,654	4,957

As at 31 December 2025	2,918	23,756	26,674

Net Book Value
As at 31 December 2025	907	19,253	20,160

As at 1 January 2025	1,210	17,400	18,610

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,282	20,851
Sundry debtor - office rent deposit	472	472
Other debtors - sundry loan	5,365	1,900
PAYE and NI	3,627	-
Director's loan account	5,126	5,913

	19,872	29,136

The directors loan was unsecured, interest free and had no fixed terms of repayment.The overdrawn loan account balance was repaid in full post year end.

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McLean Financial Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,182	1,856
Bank loans and overdrafts	3,500	8,400
Corporation tax	25,877	20,122
PAYE and NI	-	1,760
Provision for commission clawbacks	8,020	7,160
Accrued charges	9,322	7,720

	47,901	47,018

The bank loan was obtained in May 2020 in terms of the Bounce Back Loan Scheme following the Covid19 pandemic and is accordance with the terms thereof.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	3,500

The bank loan was obtained in May 2020 in terms of the Bounce Back Loan Scheme following the Covid19 pandemic and is accordance with the terms thereof.

9. Deferred Taxation

The provision for deferred taxation is made up of accelerated capital allowances.

	2025	2024
	£	£
Other timing differences	5,040	4,653

10. Provisions for Liabilities


	Deferred Tax	Other Provisions	Total
	£	£	£
As at 1 January 2025	4,653	17,452	22,105
Additions	387	1,318	1,705

Balance at 31 December 2025	5,040	18,770	23,810

The provision for liabilities relates to potential employee termination costs and charges.

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Controlling Party

The company's controlling party is the director Cameron McLean by virtue of his ownership of 90% of the issued share capital in the company.

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