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REGISTERED NUMBER: SC765735 (Scotland)




















Mainshill Consulting Ltd

Unaudited Financial Statements

for the Period 12 April 2023 to 31 March 2024






Mainshill Consulting Ltd (Registered number: SC765735)






Contents of the Financial Statements
for the Period 12 April 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mainshill Consulting Ltd

Company Information
for the Period 12 April 2023 to 31 March 2024







DIRECTORS: C Clark
C E Clark





REGISTERED OFFICE: The Lighthouse
Heugh Road
North Berwick
East Lothian
EH39 5PX





REGISTERED NUMBER: SC765735 (Scotland)





ACCOUNTANTS: Whitelaw Wells
The Lighthouse
Heugh Road
North Berwick
EH39 5PX

Mainshill Consulting Ltd (Registered number: SC765735)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,198

CURRENT ASSETS
Debtors 5 11,975
Cash at bank 42,043
54,018
CREDITORS
Amounts falling due within one year 6 39,837
NET CURRENT ASSETS 14,181
TOTAL ASSETS LESS CURRENT LIABILITIES 15,379

PROVISIONS FOR LIABILITIES 289
NET ASSETS 15,090

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 14,990
15,090

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

Mainshill Consulting Ltd (Registered number: SC765735)

Balance Sheet - continued
31 March 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 4 October 2024 and were signed on its behalf by:





C E Clark - Director


Mainshill Consulting Ltd (Registered number: SC765735)

Notes to the Financial Statements
for the Period 12 April 2023 to 31 March 2024

1. STATUTORY INFORMATION

Mainshill Consulting 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.

Turnover
Turnover represents the fair value of consultancy services provided.

Revenue from consulting is recognised when the service has been provided and all obligations to the customers under the consulting agreement have been fulfilled.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Mainshill Consulting Ltd (Registered number: SC765735)

Notes to the Financial Statements - continued
for the Period 12 April 2023 to 31 March 2024

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Going concern
The financial statements have been prepared on the going concern principle, which assumes that the company will continue to trade for the foreseeable future. The directors have no concerns that the company will continue to trade for at least 12 months from the signing of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,597
At 31 March 2024 1,597
DEPRECIATION
Charge for period 399
At 31 March 2024 399
NET BOOK VALUE
At 31 March 2024 1,198

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 11,975

Mainshill Consulting Ltd (Registered number: SC765735)

Notes to the Financial Statements - continued
for the Period 12 April 2023 to 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 37,292
Other creditors 2,545
39,837