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Company No: SC839261 (Scotland)

# MALCOLM FAMILY HOLDINGS LTD

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 26 FEBRUARY 2025 TO 31 AUGUST 2025
PAGES FOR FILING WITH THE REGISTRAR

MALCOLM FAMILY HOLDINGS LTD

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 26 FEBRUARY 2025 TO 31 AUGUST 2025

Contents

MALCOLM FAMILY HOLDINGS LTD

## BALANCE SHEET

AS AT 31 AUGUST 2025
MALCOLM FAMILY HOLDINGS LTD

## BALANCE SHEET (continued)

AS AT 31 AUGUST 2025

| Note | 31.08.2025
|  | £
Fixed assets |  |
Tangible assets | 3 | 40,060
|  | 40,060
Current assets |  |
Debtors | 4 | 2
|  | 2
Creditors: amounts falling due within one year | 5 | ( 41,960)
Net current liabilities |  | (41,958)
Total assets less current liabilities |  | (1,898)
Net liabilities |  | ( 1,898)
Capital and reserves |  |
Called-up share capital | 6 | 2
Profit and loss account |  | ( 1,900 )
Total shareholders' deficit |  | ( 1,898)

For the financial period ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Malcolm Family Holdings Ltd (registered number: SC839261) were approved and authorised for issue by the Board of Directors on 13 July 2026. They were signed on its behalf by:

D Malcolm Director |

MALCOLM FAMILY HOLDINGS LTD

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 26 FEBRUARY 2025 TO 31 AUGUST 2025
MALCOLM FAMILY HOLDINGS LTD

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 26 FEBRUARY 2025 TO 31 AUGUST 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

Malcolm Family Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Castleview, Carse Of Lecropt, Bridge Of Allan, FK9 4ND, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £1,898. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Construction contracts

Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the Balance Sheet date. This is normally measured by the proportion that contract costs incurred for work performed to date bear to the estimated total contract costs, except where this would not be representative of the stage of completion. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.
Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When costs incurred in securing a contract are recognised as an expense in the period in which they are incurred, they are not included in contract costs if the contract is obtained in a subsequent period.
When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Assets under construction | not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

#### 2. Employees

| Period from 26.02.2025 to 31.08.2025
| Number
Monthly average number of persons employed by the Company during the period, including directors | 2

#### 3. Tangible assets

| Assets under construc- tion |  | Total
| £ |  | £
Cost |  |  |
At 26 February 2025 | 0 |  | 0
Additions | 40,060 |  | 40,060
At 31 August 2025 | 40,060 |  | 40,060
Accumulated depreciation |  |  |
At 26 February 2025 | 0 |  | 0
At 31 August 2025 | 0 |  | 0
Net book value |  |  |
At 31 August 2025 | 40,060 |  | 40,060

#### 4. Debtors

| 31.08.2025
| £
Other debtors | 2

#### 5. Creditors: amounts falling due within one year

| 31.08.2025
| £
Amounts owed to connected companies | 40,060
Other creditors | 1,900
| 41,960

#### 6. Called-up share capital

| 31.08.2025
| £
Allotted, called-up and fully-paid |
2 Ordinary shares of £ 1.00 each | 2

#### 7. Related party transactions

Transactions with the entity's directors

| 31.08.2025
| £
Amounts owed by directors | 2

Other related party transactions

| 31.08.2025
| £
Amounts owed to Sealco (Scotland) Limited | 40,060