COMPANY REGISTRATION NUMBER:
SC715851
Macdonald Henderson Group Limited |
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Filleted Unaudited Financial Statements |
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Macdonald Henderson Group Limited |
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Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Macdonald Henderson Group Limited |
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Year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Macdonald Henderson Group Limited for the year ended 31 March 2024, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Macdonald Henderson Group Limited, as a body, in accordance with the terms of our engagement letter dated 5 July 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Macdonald Henderson Group Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Macdonald Henderson Group Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Macdonald Henderson Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Macdonald Henderson Group Limited. You consider that Macdonald Henderson Group Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Macdonald Henderson Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
GILLILAND & COMPANY
Chartered accountants
216 West George Street
Glasgow
G2 2PQ
14 October 2024
Macdonald Henderson Group Limited |
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Statement of Financial Position |
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31 March 2024
Current assets
Investments |
4 |
7 |
7 |
|
---- |
---- |
Net current assets |
7 |
7 |
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---- |
---- |
Total assets less current liabilities |
7 |
7 |
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---- |
---- |
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|
|
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Capital and reserves
Called up share capital |
4 |
4 |
Share premium account |
3 |
3 |
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---- |
---- |
Shareholders funds |
7 |
7 |
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---- |
---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
14 October 2024
, and are signed on behalf of the board by:
Mr D B Beveridge |
Director |
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Company registration number:
SC715851
Macdonald Henderson Group Limited |
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Notes to the Financial Statements |
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Year ended 31 March 2024
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 4/1 The Standard Building, 94 Hope Street, C/O Macdonald Henderson Limited, Glasgow, G2 6PH.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Investments
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2024 |
2023 |
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£ |
£ |
Investments in group undertakings |
7 |
7 |
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---- |
---- |
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The company holds the entire share capital of Macdonald Henderson Limited.