Registered number: 03399925
MACLEOD DEVELOPMENTS LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2026
31 March 2026
PAGES FOR FILING WITH REGISTRAR
MACLEOD DEVELOPMENTS LTD
CONTENTS
Page
Balance Sheet
1
Notes to the financial statements
3
MACLEOD DEVELOPMENTS LTD
BALANCE SHEET
AS AT 31 MARCH 2026
Note
2026
2026
2025
2025
£
£
£
£
FIXED ASSETS
Tangible fixed assets
2
1,244
CURRENT ASSETS
Bank and cash
1,000
-
1,000
CREDITORS amounts falling due within one year
3
(50,232)
(51,673)
NET CURRENT LIABILITIES
(50,232)
(50,673)
TOTAL ASSETS LESS CURRENT LIABILITIES
(50,232)
(49,429)
Provision for liabilities and charges
4
(466)
-
NET LIABILITIES
(50,232)
(49,895)
CAPITAL AND RESERVES
Called up share capital
5
102
102
Profit and loss account
(50,334)
(49,997)
SHAREHOLDERS FUNDS
(50,232)
(49,895)
For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities
The members have not required the company to obtain an audit of its accounts for the year in accordance with section 476
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the special provisions of the small companies' regime of the Companies Act 2006
As permitted by s444(5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's Profit and Loss Account
Page 1
MACLEOD DEVELOPMENTS LTD
BALANCE SHEET
AS AT 31 MARCH 2026
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 October 2026.
Julian Macleod
Director
The notes on pages 3 to 6 form part of these financial statements.
Page 2
MACLEOD DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
1.
ACCOUNTING POLICIES
Basis of preparation of financial statements
The company is a private company limited by shares and is incorporated and domiciled in England. The address of its registered office is Harold's Hill, Crosswater Lane, Churt, Surrey GU10 2JN.
The company ceased trading on 26 November 2025. These are the last accounts, for the company as it is intended that the company be struck off.
As the company has ceased to trade in the period the financial statements have not been prepared on the going concern basis, as this is no longer appropriate. The financial statements have been prepared under the historical cost convention.
The financial statements of Macleod Developments Ltd have been prepared in compliance with United Kingdom Accounting Standards, including Section 1A Small Entities of Financial Reporting Standard 102. “The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland” (“FRS 102”) and the Companies Act 2006.
The significant accounting policies applied in the preparation of these financial statements are set out below.
Turnover
Turnover consists of revenue received for the supply of goods and services to third parties.
Cash Flow
The financial statements do not include a cash flow statement because the company, as a small reporting entity is exempt from the requirement to prepare such a statement.
Depreciation
Tangible fixed assets are valued at historic purchase cost less accumulated depreciation. Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets by equal instalments over their estimated useful economic lives as follows:
Fixtures and fittings
5 years
Machinery and equipment 5 years
Computer equipment 5 years
Current and deferred taxation
The current charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred taxation is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax at a future date, at rates expected to apply when they crystallise based on current tax rates and legislation. Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the accounts. Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. On the grounds of immateriality deferred tax assets and liabilities are not discounted.
Page 3
MACLEOD DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026 (continued)
2. TANGIBLE FIXED ASSETS
Machinery
Fixtures
&
&
Computer
Equipment
Fittings
Equipment
Total
£
£
£
£
At 1 April 2025
Cost
3,381
2,452
3,007
8,840
Accumulated depreciation
(3,381)
(2,452)
(1,763)
(7,596)
Net book amount
1,244
1,244
Year ended 31 March 2026
Opening net book amount
-
-
1,244
1,244
Additions
-
-
1,556
1,556
Disposals
(2,800)
(2,800)
Depreciation
-
-
-
-
Closing net book amount
-
-
-
-
At 31 March 2026
Cost
Accumulated depreciation
-
-
-
-
Net book amount
Page 4
MACLEOD DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026 (continued)
3. CREDITORS: amounts falling due within one year
2026
2025
£
£
Loan
50,232
49,470
Accruals and deferred income
1,470
Other creditors
733
50,232
51,673
The loan is a business loan from Julian Macleod a director of the company. It is none interest bearing.
4. Provisions for liabilities and charges
2025
2024
£
£
Accelerated capital allowances
466
5. CALLED UP SHARE CAPITAL
£
2026 & 2025
Authorised, allotted and fully paid
Equity 102 Ordinary shares of £1 each
102
MACLEOD DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
6.CONTROLLING PARTY
The controlling parties are Julian and Carolyn Macleod who each hold 50% of the ordinary shares in the company.
Page 6