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Company No: 13324831 (England and Wales)

MACFADYEN HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

MACFADYEN HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

MACFADYEN HOLDINGS LTD

COMPANY INFORMATION

For the financial year ended 30 April 2024
MACFADYEN HOLDINGS LTD

COMPANY INFORMATION (continued)

For the financial year ended 30 April 2024
DIRECTORS Alison Macfadyen
James Gilzean Macfadyen
REGISTERED OFFICE Wellington House Aviator Court
Clifton Moor
York
YO30 4UZ
United Kingdom
COMPANY NUMBER 13324831 (England and Wales)
ACCOUNTANT Jones & Co (York) Limited
Wellington House
Aviator Court
York
YO30 4UZ
United Kingdom
MACFADYEN HOLDINGS LTD

BALANCE SHEET

As at 30 April 2024
MACFADYEN HOLDINGS LTD

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,400,100 1,400,100
1,400,100 1,400,100
Current assets
Cash at bank and in hand 4 23,820 24,970
23,820 24,970
Creditors: amounts falling due within one year 5 ( 1,426,169) ( 1,426,065)
Net current liabilities (1,402,349) (1,401,095)
Total assets less current liabilities (2,249) (995)
Net liabilities ( 2,249) ( 995)
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account ( 2,349 ) ( 1,095 )
Total shareholders' deficit ( 2,249) ( 995)

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Macfadyen Holdings Ltd (registered number: 13324831) were approved and authorised for issue by the Board of Directors on 26 July 2024. They were signed on its behalf by:

James Gilzean Macfadyen
Director
MACFADYEN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
MACFADYEN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Macfadyen Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wellington House Aviator Court, Clifton Moor, York, YO30 4UZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 May 2023 1,400,100
At 30 April 2024 1,400,100
Carrying value at 30 April 2024 1,400,100
Carrying value at 30 April 2023 1,400,100

Investments in subsidiary undertakings are recognised at cost.

4. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 23,820 24,970

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 1,426,065 1,426,065
Other creditors 104 0
1,426,169 1,426,065

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100