MACHRIHANISH AIRBASE COMMUNITY COMPANY

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

William Duncan + Co (Audit) Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MACHRIHANISH AIRBASE COMMUNITY COMPANY · parent
   1. MACC Developments Limited 100% · Scotland · property rental and operation of the Machrihanish airbase
   2. Discover Space UK Limited 50% · UK · space related activity

Significant events

• “Approximately £55,000 was invested in maintaining our high-voltage (HV) system, ensuring its long-term reliability.”
• “Repairs and maintenance work on the solar farm have also been undertaken to ensure continued delivery of renewable energy to our tenants.”
• “MACC continues to explore improvements to the on-site wastewater treatment plant, working closely with local contractors to enhance existing infrastructure.”
• “A new 5-Year Development Plan has been finalised, setting a clear vision for the site through to 2029.”
• “In October 2024, we welcomed a new Chair, and since then, one new director has been elected to the board.”
• “MACC donated £14K to local voluntary and charitable groups under its Charitable Giving Scheme.”
• “MACC strategically divested its interest in DSUK in May 2025, enabling its partner to operate with greater agility within the fast-evolving space industry.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +26.2%

  £976,970 → £1,232,911

• Cash

  +3.3%

  £1,313,478 → £1,356,774

• Net assets

  +15.2%

  £1,527,894 → £1,759,670

• Employees

  -27.3%

  11 → 8

• Profit before tax

  +171.1%

  -£325,788 → £231,776

• Wages

  -15.2%

  £270,960 → £229,753

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers