REGISTERED NUMBER: SC160437 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st December 2025

for

Mcdowell Engineering Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A McCulloch

J M S Roseburgh

N Welsh

SECRETARY:

REGISTERED OFFICE:

Unit 2 Block 4

Ward Street

Alloa

Clackmannanshire

FK10 1ET

REGISTERED NUMBER:

SC160437 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

4

1,378

1,757

CURRENT ASSETS

Stocks

5

11,805

37,164

Debtors

6

51,086

49,503

Cash at bank and in hand

15,979

14,113

78,870

100,780

CREDITORS

Amounts falling due within one year

7

(40,672

)

(62,128

)

NET CURRENT ASSETS

38,198

38,652

TOTAL ASSETS LESS CURRENT LIABILITIES

39,576

40,409

PROVISIONS FOR LIABILITIES

8

(135

)

(295

)

NET ASSETS

39,441

40,114

CAPITAL AND RESERVES

Called up share capital

9

19,500

19,500

Capital redemption reserve

6,500

6,500

Retained earnings

13,441

14,114

SHAREHOLDERS' FUNDS

39,441

40,114

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 24th September 2026 and were signed on its behalf by:

A McCulloch - Director

J M S Roseburgh - Director

N Welsh - Director

1.	STATUTORY INFORMATION

Mcdowell Engineering Services 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.

Turnover

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

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st January 2025

and 31st December 2025

31,473

45,623

2,130

79,226

DEPRECIATION

At 1st January 2025

30,866

44,544

2,059

77,469

Charge for year

91

270

18

379

At 31st December 2025

30,957

44,814

2,077

77,848

NET BOOK VALUE

At 31st December 2025

516

809

53

1,378

At 31st December 2024

607

1,079

71

1,757

5.

STOCKS

2025

2024

£

£

Stocks

9,445

18,089

Work-in-progress

2,360

19,075

11,805

37,164

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

49,586

47,312

Other debtors

1,500

1,500

Prepayments

-

691

51,086

49,503

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

822

14,009

Amounts owed to group undertakings

13,000

13,000

Tax

8,022

16,352

Social security and other taxes

521

308

Pension creditor

2,102

2,893

VAT

7,932

6,607

Other creditors

7,460

7,460

Directors' current accounts

2,392

2,080

Accrued expenses

(1,579

)

(581

)

40,672

62,128

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

135

295

Deferred tax

£

Balance at 1st January 2025

295

Provided during year

(160

)

Balance at 31st December 2025

135

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

19,500

Ordinary shares

£1

19,500

19,500