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REGISTERED NUMBER: SC361207 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Michael Laird (Holdings) Limited

Michael Laird (Holdings) Limited (Registered number: SC361207)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Michael Laird (Holdings) Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: K Fraser
T D Griffin
T S Watters
G Yeaman
C G Fitzsimons
Mrs H Pearson
A Frickleton





SECRETARY: T D Griffin





REGISTERED OFFICE: 5 Forres Street
Edinburgh
Midlothian
EH3 6DE





REGISTERED NUMBER: SC361207 (Scotland)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Michael Laird (Holdings) Limited (Registered number: SC361207)

Balance Sheet
30 June 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,433,567 1,433,467

CURRENT ASSETS
Debtors 5 450,232 603,900
Cash at bank 1,021 1,021
451,253 604,921
CREDITORS
Amounts falling due within one year 6 100 -
NET CURRENT ASSETS 451,153 604,921
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,884,720

2,038,388

CAPITAL AND RESERVES
Called up share capital 67 67
Share premium 1,428,549 1,428,549
Capital redemption reserve 133 133
Retained earnings 455,971 609,639
1,884,720 2,038,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 11 March 2024 and were signed on its behalf by:



T D Griffin - Director


Michael Laird (Holdings) Limited (Registered number: SC361207)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Michael Laird (Holdings) 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about Michael Laird (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section
12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to
the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction
price including transaction costs .

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Michael Laird (Holdings) Limited (Registered number: SC361207)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 July 2022 1,433,467
Additions 100
At 30 June 2023 1,433,567
NET BOOK VALUE
At 30 June 2023 1,433,567
At 30 June 2022 1,433,467

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Amounts owed by group undertakings 450,232 603,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Amounts owed to group undertakings 100 -