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REGISTERED NUMBER: SC315020 (Scotland)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

Armitage Holdings (Arran) Ltd

Armitage Holdings (Arran) Ltd (Registered number: SC315020)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Armitage Holdings (Arran) Ltd

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mrs R E Armitage
Mr S J Armitage





SECRETARY: Mrs R E Armitage





REGISTERED OFFICE: Pavilion 2
3 Dava Street
Broomloan Road
Glasgow
G51 2JA





REGISTERED NUMBER: SC315020 (Scotland)





ACCOUNTANTS: Burgoyne Carey
Chartered Accountants
Pavilion 2
3 Dava Street
Broomloan Road
Glasgow
G51 2JA

Armitage Holdings (Arran) Ltd (Registered number: SC315020)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 500,000 500,000
Tangible assets 5 732,620 732,620
Investments 6 1,069,070 1,069,070
2,301,690 2,301,690

CURRENT ASSETS
Cash at bank and in hand 500 505

CREDITORS
Amounts falling due within one year 7 2,302,160 2,302,160
NET CURRENT LIABILITIES (2,301,660 ) (2,301,655 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30

35

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (70 ) (65 )
SHAREHOLDERS' FUNDS 30 35

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Armitage Holdings (Arran) Ltd (Registered number: SC315020)

BALANCE SHEET - continued
31 JANUARY 2024


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 16 August 2024 and were signed on its behalf by:




Mr S J Armitage - Director



Mrs R E Armitage - Director


Armitage Holdings (Arran) Ltd (Registered number: SC315020)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Armitage Holdings (Arran) Ltd 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.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 500,000
NET BOOK VALUE
At 31 January 2024 500,000
At 31 January 2023 500,000

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 February 2023
and 31 January 2024 732,620
NET BOOK VALUE
At 31 January 2024 732,620
At 31 January 2023 732,620

Armitage Holdings (Arran) Ltd (Registered number: SC315020)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 1,069,070
NET BOOK VALUE
At 31 January 2024 1,069,070
At 31 January 2023 1,069,070

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 870,000 1,150,000
Amounts owed to group undertakings 980,098 700,098
Loan - Armitage Groundworks
Limited 452,062 452,062
2,302,160 2,302,160

8. RELATED PARTY DISCLOSURES

The company has received a loan from Armitage Groundworks Limited, a company which is under the control of the Directors Mr Struan Armitage and Mrs Rachel Armitage.

The loan balance as at 31 January 2024 is £452,062 (2023 £452,062).

No interest is charged on this loan and there are no formal repayment terms.