REGISTERED NUMBER: SC332582 (Scotland)

HILLY AND BOO LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 22ND MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Ewing-Mackie

A W K McKay

SECRETARY:

S Ewing-Mackie

REGISTERED OFFICE:

12A Bridgewater Place

Erskine

Renfrewshire

PA8 7AA

REGISTERED NUMBER:

SC332582 (Scotland)

ACCOUNTANTS:

JRD Partnership Ltd

Chartered Accountants

11 Portland Road

Kilmarnock

Ayrshire

KA1 2BT

FIXED ASSETS

Investments

4

116,725

116,725

CURRENT ASSETS

Loans to group undertakings

5

17,192

26,476

CREDITORS

Amounts falling due within one year

6

122,917

132,201

NET CURRENT LIABILITIES

(105,725

)

(105,725

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,000

11,000

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

10,000

10,000

SHAREHOLDERS' FUNDS

11,000

11,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 22nd March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 22nd March 2025 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 8th January 2026 and were signed on its behalf by:

S Ewing-Mackie - Director

A W K McKay - Director

1.	STATUTORY INFORMATION

Hilly And Boo Limited 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.

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 at 22 March 2025 there were net current liabilities of £105,725 (2024: £105,725). This deficiency is entirely funded by the directors. The financial statements have been prepared on the going concern basis as the directors have confirmed they will continue to support the company for the foreseeable future.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 23rd March 2024

and 22nd March 2025

116,725

NET BOOK VALUE

At 22nd March 2025

116,725

At 22nd March 2024

116,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

17,192

26,476

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

978

Trade creditors

-

420

Other creditors

122,917

130,803

122,917

132,201

7.	RELATED PARTY DISCLOSURES

As at the balance sheet date an amount of £17,192 (2024 - £26,476) was due from Knots & Crosses Limited.

The directors have advanced the company an interest free loan of £122,383 (2024 - £130,383). There is no fixed term of repayment.

Management charges of £512 (2024 - £1,079) were charged during the period to Knots & Crosses Limited.

8.	ULTIMATE CONTROLLING PARTY

The directors are the controlling parties.