IRIS Accounts Production v25.2.0.378 SC696466 Board of Directors 1.5.24 31.12.24 31.12.24 false true false false true false Ordinary shares of £1 1.00000 349019 3793 349019 352812 349019 Ordinary shares of £1 1.00000 349019 3793 349019 352812 349019 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC696466 2024-04-30 SC696466 2024-12-31 SC696466 2024-05-01 2024-12-31 SC696466 2023-04-30 SC696466 2023-05-01 2024-04-30 SC696466 2024-04-30 SC696466 ns15:Scotland 2024-05-01 2024-12-31 SC696466 ns14:PoundSterling 2024-05-01 2024-12-31 SC696466 ns10:Director1 2024-05-01 2024-12-31 SC696466 ns10:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 SC696466 ns10:SmallEntities 2024-05-01 2024-12-31 SC696466 ns10:AuditExemptWithAccountantsReport 2024-05-01 2024-12-31 SC696466 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2024-12-31 SC696466 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 SC696466 ns10:FullAccounts 2024-05-01 2024-12-31 SC696466 ns10:EntityHasNeverTraded 2024-05-01 2024-12-31 SC696466 ns10:OrdinaryShareClass1 2024-05-01 2024-12-31 SC696466 43 ns10:Director3 2024-04-30 SC696466 43 ns10:Director3 2024-05-01 2024-12-31 SC696466 43 ns10:Director3 2023-05-01 2024-04-30 SC696466 43 ns10:Director3 2024-04-30 SC696466 ns10:Director4 2024-05-01 2024-12-31 SC696466 ns10:Director5 2024-05-01 2024-12-31 SC696466 ns10:RegisteredOffice 2024-05-01 2024-12-31 SC696466 ns5:CurrentFinancialInstruments 2024-12-31 SC696466 ns5:CurrentFinancialInstruments 2024-04-30 SC696466 ns5:ShareCapital 2024-12-31 SC696466 ns5:ShareCapital 2024-04-30 SC696466 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC696466 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 SC696466 ns5:CostValuation 2024-04-30 SC696466 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 SC696466 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30 SC696466 ns10:OrdinaryShareClass1 2024-12-31 SC696466 ns10:Director2 2024-05-01 2024-12-31 SC696466 ns10:Director3 2024-05-01 2024-12-31 SC696466 ns10:Director2 2 2024-04-30 SC696466 ns10:Director2 2 2023-04-30 SC696466 ns10:Director2 2 2024-05-01 2024-12-31 SC696466 ns10:Director2 2 2023-05-01 2024-04-30 SC696466 ns10:Director2 2 2024-12-31 SC696466 ns10:Director2 2 2024-04-30

REGISTERED NUMBER: SC696466 (Scotland)

| MACARTHUR GROUP LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD |

| 1ST MAY 2024 TO 31ST DECEMBER 2024 |

MACARTHUR GROUP LTD (REGISTERED NUMBER: SC696466)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1ST MAY 2024 TO 31ST DECEMBER 2024

Page |

Company Information | 1 |

Chartered Certified Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 4 |

MACARTHUR GROUP LTD

COMPANY INFORMATION

FOR THE PERIOD 1ST MAY 2024 TO 31ST DECEMBER 2024

| DIRECTORS: | B G Andrews

| R S Hounsome

| C A McGlynn

| REGISTERED OFFICE: | 93 South Woodside Road

| Glasgow

| G20 6NT

| REGISTERED NUMBER: | SC696466 (Scotland)

| ACCOUNTANTS: | russell + russell

| Chartered Certified Accountants

| 4 Royal Crescent

| Glasgow

| G3 7SL

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

MACARTHUR GROUP LTD

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 MacArthur Group Ltd for the period ended 31st December 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 accaglobal.com/rulebook.

This report is made solely to the Board of Directors of MacArthur Group Ltd, 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 MacArthur Group Ltd and state those matters that we have agreed to state to the Board of Directors of MacArthur Group Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

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 MacArthur Group Ltd 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 MacArthur Group Ltd. You consider that MacArthur Group Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of MacArthur Group Ltd. 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.

russell + russell

Chartered Certified Accountants

4 Royal Crescent

Glasgow

G3 7SL

30th September 2025

MACARTHUR GROUP LTD (REGISTERED NUMBER: SC696466)

BALANCE SHEET

31ST DECEMBER 2024

| 31.12.24 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 100 |  | 100 |  |

CURRENT ASSETS

Debtors | 5 | 2,654,576 |  | 466,813 |  |

Cash at bank | 288,910 |  | 2,117,999 |  |

2,943,486 |  | 2,584,812 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,121,120 |  | 780,746 |  |

NET CURRENT ASSETS | 1,822,366 |  | 1,804,066 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,822,466 |  | 1,804,166 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 100 |  | 100 |  |

Retained earnings | 1,822,366 |  | 1,804,066 |  |

SHAREHOLDERS' FUNDS | 1,822,466 |  | 1,804,166 |  |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 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 30th September 2025 and were signed on its behalf by:

C A McGlynn - Director

MACARTHUR GROUP LTD (REGISTERED NUMBER: SC696466)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1ST MAY 2024 TO 31ST DECEMBER 2024

1. | STATUTORY INFORMATION

| MacArthur Group Ltd 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. | 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.

| The financial statements have been prepared on the going concern basis. The directors believe that the company has adequate resources and support to continue to operate for the foreseeable future.

| Preparation of consolidated financial statements

| The financial statements contain information about MacArthur Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Related party exemption

| 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.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

MACARTHUR GROUP LTD (REGISTERED NUMBER: SC696466)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST MAY 2024 TO 31ST DECEMBER 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 (2024 - 2 ) .

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1st May 2024

| and 31st December 2024 | 100 |  |

| NET BOOK VALUE

| At 31st December 2024 | 100 |  |

| At 30th April 2024 | 100 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 30.4.24

£ | £ |

| Amounts owed by group undertakings | 2,649,641 |  | - |  |

| Other debtors | 4,935 |  | 466,813 |  |

2,654,576 |  | 466,813 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 30.4.24

£ | £ |

| Trade creditors | - |  | 1,850 |  |

| Amounts owed to group undertakings | 1,101,232 |  | 650,002 |  |

| Taxation and social security | 17,728 |  | 126,794 |  |

| Other creditors | 2,160 |  | 2,100 |  |

1,121,120 |  | 780,746 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 30.4.24

| value: | £ | £ |

| 100 | Ordinary shares of £1 | 1 | 100 |  | 100 |  |

MACARTHUR GROUP LTD (REGISTERED NUMBER: SC696466)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST MAY 2024 TO 31ST DECEMBER 2024

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the period ended 31st December 2024 and the year ended 30th April 2024:

| 31.12.24 |  | 30.4.24

£ | £ |

| D MacArthur and K MacArthur

| Balance outstanding at start of period | 349,019 |  | - |  |

| Amounts advanced | 3,793 |  | 349,019 |  |

| Amounts repaid | (352,812 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | - |  | 349,019 |  |

9. | ULTIMATE CONTROLLING PARTY

| ACOF VI Holdings own a majority shareholding of Solar Holdings Topco Limited (an entity incorporated in the United Kingdom during 2022 to serve as the parent company). Solar Holdings Topco Limited is the largest group for which consolidated accounts including the Company will be prepared.

| The smallest group for which consolidation accounts will be prepared is Solar Holdings Bidco Limited and has given guarantees against all the outstanding liabilities of the Company to claim audit exemption under Section 479A of the Companies Act 2006.

| SLR Consulting Limited, a company incorporated in the United Kingdom, is the immediate parent company.