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REGISTERED NUMBER: SC696016 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

PCL GROUP HOLDINGS
(ABERDEEN) LIMITED

PCL GROUP HOLDINGS
(ABERDEEN) LIMITED (REGISTERED NUMBER: SC696016)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

PCL GROUP HOLDINGS
(ABERDEEN) LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTORS: Ms J Forbes
Miss J T Forbes
Mr C Forbes





SECRETARY: A G Secretarial Limited





REGISTERED OFFICE: Addleshaw Goddard LLp
1st Floor North, Kingshill View
Prime Four Business Park
Aberdeen
AB15 8PU





REGISTERED NUMBER: SC696016 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Unit 1, Office 1 & 8
Blackhall Industrial Estate
Burghmuir Circle
Inverurie
Aberdeenshire
AB51 4FS

PCL GROUP HOLDINGS
(ABERDEEN) LIMITED (REGISTERED NUMBER: SC696016)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 600,000 600,000

CREDITORS
Amounts falling due within one year 6 39,988 62,747
NET CURRENT LIABILITIES (39,988 ) (62,747 )
TOTAL ASSETS LESS CURRENT LIABILITIES 560,012 537,253

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 299,950 299,950
Retained earnings 259,962 237,203
SHAREHOLDERS' FUNDS 560,012 537,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 8 November 2024 and were signed on its behalf by:





Ms J Forbes - Director


PCL GROUP HOLDINGS
(ABERDEEN) LIMITED (REGISTERED NUMBER: SC696016)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

PCL Group Holdings (Aberdeen) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 600,000
NET BOOK VALUE
At 29 February 2024 600,000
At 28 February 2023 600,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 39,088 61,848
Accrued expenses 900 899
39,988 62,747

PCL GROUP HOLDINGS
(ABERDEEN) LIMITED (REGISTERED NUMBER: SC696016)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 29 February 2024 and the period ended 28 February 2023:

2024 2023
£    £   
Ms J Forbes
Balance outstanding at start of year (51,847 ) (73,798 )
Amounts advanced 14,115 28,924
Amounts repaid (1,356 ) (6,973 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (39,088 ) (51,847 )

Miss J T Forbes
Balance outstanding at start of year (5,000 ) -
Amounts advanced 5,000 -
Amounts repaid - (5,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (5,000 )

Mr C Forbes
Balance outstanding at start of year (5,000 ) -
Amounts advanced 5,000 -
Amounts repaid - (5,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (5,000 )

These amounts bear interest of 3% but have no fixed repayment terms.

8. RELATED PARTY DISCLOSURES

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.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors Jeanette Forbes, Chris Forbes and Joanne Forbes, the shareholders of PCL Group Holdings (Aberdeen) Ltd.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PCL GROUP HOLDINGS
(ABERDEEN) LIMITED (REGISTERED NUMBER: SC696016)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PCL Group Holdings (Aberdeen) Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of PCL Group Holdings (Aberdeen) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PCL Group Holdings (Aberdeen) Limited and state those matters that we have agreed to state to the Board of Directors of PCL Group Holdings (Aberdeen) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that PCL Group Holdings (Aberdeen) 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 PCL Group Holdings (Aberdeen) Limited. You consider that PCL Group Holdings (Aberdeen) 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 PCL Group Holdings (Aberdeen) 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.






Acumen Accountants and Advisors Limited
Unit 1, Office 1 & 8
Blackhall Industrial Estate
Burghmuir Circle
Inverurie
Aberdeenshire
AB51 4FS


8 November 2024