IRIS Accounts Production v25.1.3.33 SC820590 Board of Directors Board of Directors 27.8.24 31.3.25 31.3.25 No description of principal activity 0 false true false false true true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC820590 2024-08-26 SC820590 2025-03-31 SC820590 2024-08-27 2025-03-31 SC820590 2024-08-26 SC820590 ns15:Scotland 2024-08-27 2025-03-31 SC820590 ns14:PoundSterling 2024-08-27 2025-03-31 SC820590 ns10:Director1 2024-08-27 2025-03-31 SC820590 ns10:Director2 2024-08-27 2025-03-31 SC820590 ns10:PrivateLimitedCompanyLtd 2024-08-27 2025-03-31 SC820590 ns10:SmallEntities 2024-08-27 2025-03-31 SC820590 ns10:AuditExempt-NoAccountantsReport 2024-08-27 2025-03-31 SC820590 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-27 2025-03-31 SC820590 ns10:SmallCompaniesRegimeForAccounts 2024-08-27 2025-03-31 SC820590 ns10:FullAccounts 2024-08-27 2025-03-31 SC820590 ns10:EntityHasNeverTraded 2024-08-27 2025-03-31 SC820590 ns10:CompanySecretary1 2024-08-27 2025-03-31 SC820590 ns10:RegisteredOffice 2024-08-27 2025-03-31 SC820590 ns5:ShareCapital 2025-03-31 SC820590 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31

REGISTERED NUMBER: SC820590 (Scotland)

| Financial Statements |

| for the Period |

| 27 August 2024 to 31 March 2025 |

| for |

| McGuinness Ventures Limited |

McGuinness Ventures Limited (Registered number: SC820590)

Contents of the Financial Statements

for the Period 27 August 2024 to 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

McGuinness Ventures Limited

Company Information

for the Period 27 August 2024 to 31 March 2025

| DIRECTORS: | M McGuinness

| Mrs C W McGuinness

| SECRETARY: |

| REGISTERED OFFICE: | 219 Low Waters Road

| Hamilton

| ML3 7QN

| REGISTERED NUMBER: | SC820590 (Scotland)

McGuinness Ventures Limited (Registered number: SC820590)

Balance Sheet

31 March 2025

| Notes | £ |

| CURRENT ASSETS

| Debtors | 3 | 100 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 100 |  |

| CAPITAL AND RESERVES

| Called up share capital | 100 |  |

100 |  |

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 19 January 2026 and were signed on its behalf by:

M McGuinness - Director

Mrs C W McGuinness - Director

McGuinness Ventures Limited (Registered number: SC820590)

Notes to the Financial Statements

for the Period 27 August 2024 to 31 March 2025

1. | 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.

| Going concern

| The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

| Cash and cash equivalents

| Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Impairment of fixed assets

| At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL.

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

£ |

| Other debtors | 100 |  |