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REGISTERED NUMBER: SC415286 (Scotland)















ALAN MCHUGH LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






ALAN MCHUGH LIMITED (REGISTERED NUMBER: SC415286)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALAN MCHUGH LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTOR: A McHugh





REGISTERED OFFICE: 31 Mansefield Crescent
Clarkston
Glasgow
G76 7DZ





REGISTERED NUMBER: SC415286 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

ALAN MCHUGH LIMITED (REGISTERED NUMBER: SC415286)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 526 366

CURRENT ASSETS
Debtors 5 2,444 1,180
Cash at bank 147,993 126,869
150,437 128,049
CREDITORS
Amounts falling due within one year 6 37,472 20,451
NET CURRENT ASSETS 112,965 107,598
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,491

107,964

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 113,391 107,864
SHAREHOLDERS' FUNDS 113,491 107,964

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 September 2024 and were signed by:





A McHugh - Director


ALAN MCHUGH LIMITED (REGISTERED NUMBER: SC415286)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Alan McHugh 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.

Turnover
Turnover comprises the value of services provided by the company in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Musical instruments 25% straight line
Computer equipment 25% straight line

Taxation
Taxation for the year comprises current. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ALAN MCHUGH LIMITED (REGISTERED NUMBER: SC415286)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,233
Additions 394
Disposals (1,905 )
At 31 March 2024 1,722
DEPRECIATION
At 1 April 2023 2,867
Charge for year 234
Eliminated on disposal (1,905 )
At 31 March 2024 1,196
NET BOOK VALUE
At 31 March 2024 526
At 31 March 2023 366

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2,022 780
Other debtors 422 400
2,444 1,180

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Director's loan account 16,942 2,512
Taxation and social security 18,208 14,068
Other creditors 2,322 3,871
37,472 20,451

7. RELATED PARTY DISCLOSURES

At 31 March 2024 the company's director, had provided the company with an interest free loan of £16,942 (2023, £2,512).There are no fixed repayment terms for this loan.