1 March 2023 false No description of principal activity Taxfiler 2024.6.1 SC689331business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC6893312023-02-28 SC6893312023-03-012024-02-29 SC689331business:AuditExemptWithAccountantsReport2023-03-012024-02-29 SC689331business:AbridgedAccounts2023-03-012024-02-29 SC6893312024-02-29 SC689331business:Director12023-03-012024-02-29 SC689331business:Director22023-03-012024-02-29 SC689331business:RegisteredOffice2023-03-012024-02-29 SC6893312023-02-28 SC689331core:WithinOneYear2024-02-29 SC689331core:WithinOneYear2023-02-28 SC689331core:AfterOneYear2024-02-29 SC689331core:AfterOneYear2023-02-28 SC689331core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC689331core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC689331core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC689331core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC689331core:PreviouslyStatedAmount2024-02-29 SC689331core:PreviouslyStatedAmount2023-02-28 SC689331business:SmallEntities2023-03-012024-02-29 SC689331countries:Scotland2023-03-012024-02-29 SC6893312022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC689331 (Scotland)
MacPherson Property Holdings Limited Unaudited accounts for the year ended 29 February 2024
MacPherson Property Holdings Limited Unaudited accounts Contents
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MacPherson Property Holdings Limited Company Information for the year ended 29 February 2024
Directors
M MacPherson K MacPherson
Company Number
SC689331 (Scotland)
Registered Office
C/O Cmm Accountancy The Green House Beechwood Business Park North Inverness IV2 3BL
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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MacPherson Property Holdings Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
205,038 
205,038 
Current assets
Cash at bank and in hand
2,948 
2,875 
Creditors: amounts falling due within one year
(164,838)
(53,171)
Net current liabilities
(161,890)
(50,296)
Total assets less current liabilities
43,148 
154,742 
Creditors: amounts falling due after more than one year
(29,467)
(147,101)
Net assets
13,681 
7,641 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,680 
7,640 
Shareholders' funds
13,681 
7,641 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by
M MacPherson Director Company Registration No. SC689331
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MacPherson Property Holdings Limited Notes to the Accounts for the year ended 29 February 2024
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Statutory information
MacPherson Property Holdings Limited is a private company, limited by shares, registered in Scotland, registration number SC689331. The registered office is C/O Cmm Accountancy, The Green House, Beechwood Business Park North, Inverness, IV2 3BL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Average number of employees
During the year the average number of employees was 0 (2023: 0).
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