| MalcolmHardie Solutions Limited |
| Registered number: |
SC283129 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
655 |
|
|
317 |
| Cash at bank and in hand |
|
|
516 |
|
|
3,708 |
|
|
|
1,171 |
|
|
4,025 |
|
| Creditors: amounts falling due within one year |
4 |
|
(44,439) |
|
|
(40,699) |
|
| Net current assets/(liabilities) |
|
|
|
(43,268) |
|
|
(36,674) |
|
| Net assets/(liabilities) |
|
|
|
(43,268) |
|
|
(36,674) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
15 |
|
|
15 |
| Profit and loss account |
|
|
|
(43,283) |
|
|
(36,689) |
|
| Shareholders' funds |
|
|
|
(43,268) |
|
|
(36,674) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr Angus William Hardie |
| Director |
| Approved by the board on 23 December 2025 |
|
| MalcolmHardie Solutions Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Going Concern |
|
At the balance sheet date the company’s liabilities exceed its assets by £43,268 (2024 liabilities exceed assets by £36,674). The company meets its day to day working capital requirements through its normal activities, and the support of the directors. |
|
The financial statements have been prepared on a going concern basis, which assumes that the company will continue trading for the foreseeable future. The validity of this assumption depends on continued support from the directors and also on future profitable trading. |
|
If the company was unable to continue trading for the foreseeable future, adjustments would be made to reduce the balance sheet values of the assets to their recoverable amounts, to provide for further liabilities that might arise and to reclassify fixed assets as current assets. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
135 |
|
28 |
|
Prepayments |
|
|
|
|
520 |
|
289 |
|
|
|
|
|
|
655 |
|
317 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
- |
|
Accruals |
734 |
|
713 |
|
Director's current account |
|
|
|
|
43,705 |
|
39,986 |
|
|
|
|
|
|
44,439 |
|
40,699 |
|
|
|
|
|
|
|
|
|
|
The director's current account is interest free and has no fixed repayment date. |
|
|
|
| 5 |
Other information |
|
|
MalcolmHardie Solutions Limited is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
Office 22 |
|
44-46 Morningside Road |
|
Edinburgh |
|
EH10 4BF |