REGISTERED NUMBER: SC387053 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

MC Stores Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Mitchell

G R Colvan FCCA

Mrs A Mitchell

Mrs L M Colvan

SECRETARY:

G R Colvan FCCA

REGISTERED OFFICE:

9 Glencraig Street

Drongan

Ayr

Ayrshire

KA6 7AS

REGISTERED NUMBER:

SC387053 (Scotland)

FIXED ASSETS

Tangible assets

4

154,426

177,563

CURRENT ASSETS

Inventories

108,046

123,180

Debtors

5

45,581

34,107

Cash at bank and in hand

665,305

742,990

818,932

900,277

CREDITORS

Amounts falling due within one year

6

305,289

347,809

NET CURRENT ASSETS

513,643

552,468

TOTAL ASSETS LESS CURRENT LIABILITIES

668,069

730,031

CREDITORS

Amounts falling due after more than one year

7

(1,766

)

(8,830

)

PROVISIONS FOR LIABILITIES

(37,258

)

(42,984

)

NET ASSETS

629,045

678,217

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

629,043

678,215

SHAREHOLDERS' FUNDS

629,045

678,217

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

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

G R Colvan FCCA - Director

1.	STATUTORY INFORMATION

MC Stores 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

20% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Inventories

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

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.

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 34 (2024 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

14,646

393,383

408,029

Additions

-

23,089

23,089

Disposals

-

(7,995

)

(7,995

)

At 31 December 2025

14,646

408,477

423,123

DEPRECIATION

At 1 January 2025

13,148

217,318

230,466

Charge for year

300

45,142

45,442

Eliminated on disposal

-

(7,211

)

(7,211

)

At 31 December 2025

13,448

255,249

268,697

NET BOOK VALUE

At 31 December 2025

1,198

153,228

154,426

At 31 December 2024

1,498

176,065

177,563

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

-

208

Other debtors

45,581

33,899

45,581

34,107

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

222,460

209,491

Taxation and social security

51,480

108,565

Other creditors

31,349

29,753

305,289

347,809

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

1,766

8,830

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

68,580

67,580

Between one and five years

112,634

180,215

181,214

247,795

9.	SECURED DEBTS

The company has provided a bond & floating charge over its assets in respect of any borrowings it may have with The Royal Bank of Scotland. At the date of these accounts there were no such borrowings.

10.	FINANCIAL INSTRUMENTS

During the year ended 31 December 2019 the company received an interest free loan of £55,769 from Energy Savings Ltd. The loan is repayable in equal instalments by 15 March 2027. At the balance sheet date the loan amount outstanding of £8,831 (2024 £15,895) is presented within creditors falling due within one year and amounts falling due after more than one year.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

I Mitchell

Balance outstanding at start of year

996

(1,488

)

Amounts advanced

-

2,484

Amounts repaid

(996

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

996

The balance at 31 December 2024 was fully repaid on 14 September 2025.