Company registration number SC625640 (Scotland)
MICHAEL HOLLIGAN ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
MICHAEL HOLLIGAN ASSOCIATES LIMITED
Statement Of Financial Position
As At 31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
42,975
52,681
Current assets
64,924
15,690
Creditors: amounts falling due within one year
(39,328)
(16,037)
Net current assets/(liabilities)
25,596
(347)
Total assets less current liabilities
68,571
52,334
Creditors: amounts falling due after more than one year
(7,523)
(12,768)
Accruals and deferred income
(4,012)
(4,094)
Net assets
57,036
35,472
Capital and reserves
57,036
35,472
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year the director withdrew £67,370 and repaid £43,974 to the company and interest was charged at the rate of 2.25% which totalled £542. The balance due from the director at the end of the year was £36,310 (2022: £12,372) and is repayable on demand.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2
MICHAEL HOLLIGAN ASSOCIATES LIMITED
Statement Of Financial Position (Continued)
As At 31 March 2024
- 2 -

Michael Holligan Associates Limited is a private company limited by shares incorporated in Scotland. The registered office is 10 Abbey Park Place, Dunfermline, Scotland, KY12 7NZ.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 19 November 2024 and are signed on its behalf by:
Mr M D Holligan
Director
Company Registration Number SC625640
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