REGISTERED NUMBER: SC055316 (Scotland)

ANGUS MACIVER LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr John Alexander Maciver

Mr Norman Maciver

Mr Mark McGee Maciver

SECRETARY:

Mr John Alexander Maciver

REGISTERED OFFICE:

18 Bells Road

Stornoway

Isle of Lewis

HS1 2RA

REGISTERED NUMBER:

SC055316 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Tangible assets

5

1,696,065

1,751,844

Investments

6

95,956

95,956

Investment property

7

26,250

-

1,818,271

1,847,800

CURRENT ASSETS

Stocks

238,150

238,150

Debtors

8

317,989

333,076

Cash at bank and in hand

385,028

173,979

941,167

745,205

CREDITORS

Amounts falling due within one year

9

543,614

454,254

NET CURRENT ASSETS

397,553

290,951

TOTAL ASSETS LESS CURRENT LIABILITIES

2,215,824

2,138,751

CREDITORS

Amounts falling due after more than one year

10

(190,697

)

(205,310

)

PROVISIONS FOR LIABILITIES

(126,757

)

(138,710

)

NET ASSETS

1,898,370

1,794,731

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Revaluation reserve

11

261,349

261,349

Retained earnings

1,587,021

1,483,382

SHAREHOLDERS' FUNDS

1,898,370

1,794,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2026 and were signed on its behalf by:

Mr John Alexander Maciver - Director

1.	STATUTORY INFORMATION

Angus Maciver 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 (£).

The accounts are rounded to the nearest £1.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates

The estimated useful life of fixed assets and their residual value is the only area of significant judgements and estimates.

Turnover

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

Turnover represents income receivable from the sale of building materials, gas and household products and from training, skip hire and hire agency fees in the period, excluding Value Added Tax.

Tangible fixed assets

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

Freehold property

-

not provided

Improvements to property

-

10% depreciation on cost

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

25% depreciation on reducing balance

Computer equipment

-

25% depreciation on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 13 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2025

1,430,912

103,682

1,083,722

Additions

-

-

42,740

At 31 March 2026

1,430,912

103,682

1,126,462

DEPRECIATION

At 1 April 2025

276,533

65,594

620,273

Charge for year

-

7,384

91,969

At 31 March 2026

276,533

72,978

712,242

NET BOOK VALUE

At 31 March 2026

1,154,379

30,704

414,220

At 31 March 2025

1,154,379

38,088

463,449

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

58,905

297,092

2,686

2,976,999

Additions

1,838

24,875

-

69,453

At 31 March 2026

60,743

321,967

2,686

3,046,452

DEPRECIATION

At 1 April 2025

41,147

220,244

1,364

1,225,155

Charge for year

3,775

21,774

330

125,232

At 31 March 2026

44,922

242,018

1,694

1,350,387

NET BOOK VALUE

At 31 March 2026

15,821

79,949

992

1,696,065

At 31 March 2025

17,758

76,848

1,322

1,751,844

Included in cost of land and buildings is freehold land of £ 25,000 (2025 - £ 25,000 ) which is not depreciated.

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

95,956

NET BOOK VALUE

At 31 March 2026

95,956

At 31 March 2025

95,956

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

26,250

At 31 March 2026

26,250

NET BOOK VALUE

At 31 March 2026

26,250

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

304,121

330,307

Other debtors

13,868

2,769

317,989

333,076

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

9,599

30,446

Trade creditors

334,968

237,632

Taxation and social security

99,245

99,528

Other creditors

99,802

86,648

543,614

454,254

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

7,999

17,598

Other creditors

182,698

187,712

190,697

205,310

Amounts falling due in more than five years:

Repayable by instalments

Bank loan over 5 years

142,698

147,712

11.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

261,349

12.	RELATED PARTY DISCLOSURES

Creditors include loans from directors of £48,724 (2025: £43,393). There are no defined repayment terms and no interest is being charged.

13.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.