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REGISTERED NUMBER: 09124688 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Paul McArthur Holdings Ltd

Paul McArthur Holdings Ltd (Registered number: 09124688)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Paul McArthur Holdings Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr P A McArthur





REGISTERED OFFICE: 316 Blackpool Road
Fulwood
Preston
Lancs
PR2 3AE





REGISTERED NUMBER: 09124688 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Paul McArthur Holdings Ltd (Registered number: 09124688)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 105,808 114,506
Investment property 6 384,381 384,381
490,189 498,887

CURRENT ASSETS
Debtors 7 110,516 9,295
Investments 8 131,310 100,238
Cash at bank 306,898 193,827
548,724 303,360
CREDITORS
Amounts falling due within one year 9 35,269 28,268
NET CURRENT ASSETS 513,455 275,092
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,003,644

773,979

PROVISIONS FOR LIABILITIES 12,333 9,905
NET ASSETS 991,311 764,074

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 991,310 764,073
SHAREHOLDERS' FUNDS 991,311 764,074

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Paul McArthur Holdings Ltd (Registered number: 09124688)

Balance Sheet - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 January 2025 and were signed by:





Mr P A McArthur - Director


Paul McArthur Holdings Ltd (Registered number: 09124688)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

Paul McArthur Holdings Ltd is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Paul McArthur Holdings Ltd (Registered number: 09124688)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Listed Investments in cryptocurrency are measured at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

Unlisted investments whose fair value cannot be measured reliably are measured at cost less impairment.

Current asset investments
Investment in wine

Wine acquired for capital appreciation purposes is recognised as a current asset investment and initially recognised at cost including any transaction costs. Subsequently the asset is measured at fair value with any gains or losses arising being recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023
and 31 July 2024 3,358
DEPRECIATION
At 1 August 2023
and 31 July 2024 3,358
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

Paul McArthur Holdings Ltd (Registered number: 09124688)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


5. FIXED ASSET INVESTMENTS
Shares in
group Listed Unlisted
undertakings investments investments Totals
£    £    £    £   
COST OR VALUATION
At 1 August 2023 50 14,456 100,000 114,506
Disposals (50 ) - - (50 )
Revaluations - (8,648 ) - (8,648 )
At 31 July 2024 - 5,808 100,000 105,808
NET BOOK VALUE
At 31 July 2024 - 5,808 100,000 105,808
At 31 July 2023 50 14,456 100,000 114,506

Cost or valuation at 31 July 2024 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2018 (1,324 ) - (1,324 )
Valuation in 2019 1,130 - 1,130
Valuation in 2020 (777 ) - (777 )
Valuation in 2021 13,797 - 13,797
Valuation in 2022 (5,503 ) - (5,503 )
Valuation in 2023 1,832 - 1,832
Valuation in 2024 (8,648 ) - (8,648 )
Cost 5,301 100,000 105,301
5,808 100,000 105,808

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 384,381
NET BOOK VALUE
At 31 July 2024 384,381
At 31 July 2023 384,381

Paul McArthur Holdings Ltd (Registered number: 09124688)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 5,000 6,168
Other debtors 105,516 3,127
110,516 9,295

8. CURRENT ASSET INVESTMENTS
31.7.24 31.7.23
£    £   
Other 131,310 100,238

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 34,469 25,782
Other creditors 800 2,486
35,269 28,268

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mr P A McArthur
Balance outstanding at start of year (1,886 ) (1,521 )
Amounts advanced 80,000 -
Amounts repaid (365 ) (365 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 77,749 (1,886 )