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Company Registration No. SC601415 (Scotland)
Ghillie Dhu Investment Holdings Limited Unaudited accounts for the year ended 31 July 2024
Ghillie Dhu Investment Holdings Limited Unaudited accounts Contents
Page
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Ghillie Dhu Investment Holdings Limited Company Information for the year ended 31 July 2024
Directors
Mrs J M Huxter Ms K Huxter Mr R J A Huxter
Company Number
SC601415 (Scotland)
Registered Office
16 Alva Street Edinburgh EH2 4QG Scotland
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Ghillie Dhu Investment Holdings Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
562,638 
490,348 
Current assets
Debtors
269 
269 
Cash at bank and in hand
5,374 
13,936 
5,643 
14,205 
Creditors: amounts falling due within one year
(8,726)
(9,336)
Net current (liabilities)/assets
(3,083)
4,869 
Total assets less current liabilities
559,555 
495,217 
Creditors: amounts falling due after more than one year
(175,000)
(175,000)
Provisions for liabilities
Deferred tax
(10,517)
- 
Net assets
374,038 
320,217 
Capital and reserves
Called up share capital
300,000 
300,000 
Profit and loss account
74,038 
20,217 
Shareholders' funds
374,038 
320,217 
For the year ending 31 July 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.
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 28 February 2025 and were signed on its behalf by
Mr R J A Huxter Director Company Registration No. SC601415
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Ghillie Dhu Investment Holdings Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Ghillie Dhu Investment Holdings Limited is a private company, limited by shares, registered in Scotland, registration number SC601415. The registered office is 16 Alva Street, Edinburgh, EH2 4QG, Scotland.
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
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Other investments 
£ 
Valuation at 1 August 2023
490,348 
Additions
73,597 
Fair value adjustments
64,235 
Disposals
(65,542)
Valuation at 31 July 2024
562,638 
The fixed asset investments are listed. They are shown at fair value. The book cost of the investments at 31 July 2024 was £513,677 (2023: £507,387).
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
269 
269 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
4,521 
4,521 
Accruals
4,205 
4,815 
8,726 
9,336 
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Ghillie Dhu Investment Holdings Limited Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
175,000 
175,000 
The long-term creditor of £175,000 (2023: £175,000) comprises the loan note instrument dated 15 October 2019 with Ms K Huxter. The loan is unsecured and has a number of conditions.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100 
100 
299,900 Ordinary B shares of £1 each
299,900 
299,900 
300,000 
300,000 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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