Company Registration No. SC651429 (Scotland)
MCGEACHY HOLDINGS LIMITED
Unaudited accounts
for the year ended 31 January 2024
MCGEACHY HOLDINGS LIMITED
Unaudited accounts
Contents
MCGEACHY HOLDINGS LIMITED
Company Information
for the year ended 31 January 2024
Directors
M Barbara
M Fiona
M Graham
Company Number
SC651429 (Scotland)
Registered Office
4 Sidlaw Road
Rattray
Blairgowrie
PH10 7DB
Scotland
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
MCGEACHY HOLDINGS LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
347,726
348,489
Cash at bank and in hand
6,380
82,075
Creditors: amounts falling due within one year
(357,060)
(435,385)
Net current liabilities
(350,680)
(351,610)
Net liabilities
(2,954)
(3,121)
Called up share capital
150
150
Profit and loss account
(3,104)
(3,271)
Shareholders' funds
(2,954)
(3,121)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by
M Graham
Director
Company Registration No. SC651429
MCGEACHY HOLDINGS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
MCGEACHY HOLDINGS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC651429. The registered office is 4 Sidlaw Road, Rattray, Blairgowrie, PH10 7DB, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15 % Reduction balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2023
343,400
6,806
350,206
At 31 January 2024
343,400
6,806
350,206
At 1 February 2023
-
1,717
1,717
Charge for the year
-
763
763
At 31 January 2024
-
2,480
2,480
At 31 January 2024
343,400
4,326
347,726
At 31 January 2023
343,400
5,089
348,489
Amounts falling due within one year
MCGEACHY HOLDINGS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
356,603
432,150
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current accounts
(143,650)
(4,533)
(35,080)
(113,103)
Directors Current accounts
(143,650)
(5,000)
(30,000)
(118,650)
Directors Current accounts
(144,850)
-
(20,000)
(124,850)
(432,150)
(9,533)
(85,080)
(356,603)
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).