REGISTERED NUMBER: 16253731 (England and Wales)

J McDonald Holdings Ltd

Unaudited Financial Statements

for the period

14th February 2025 to 31st March 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

Director:

J A McDonald

Registered office:

Halidon House

17D Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TB

Business address:

Flat 3

111 Ritherdon Road

Balham

London

SW17 8QH

Registered number:

16253731 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Investment property

4

149,363

Current assets

Debtors

5

337

Cash at bank

2,253

2,590

Creditors

Amounts falling due within one year

6

47,230

Net current liabilities

(44,640

)

Total assets less current liabilities

104,723

Creditors

Amounts falling due after more than one year

7

104,900

Net liabilities

(177

)

Capital and reserves

Called up share capital

100

Retained earnings

(277

)

(177

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th August 2026 and were signed by:

J A McDonald - Director

1.	Statutory information

J McDonald Holdings Ltd is a private company, limited by shares , registered in England and Wales. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the accounting period and represents rent received.

Rental income is recognised on the date the rent is received. The rent is received at the end of each month.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade creditors, accruals, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

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

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The director acknowledges that in the company's first period of trading the it has made a small loss resulting in the a negative balance sheet. The director has made a commitment not to seek repayment of his loan within the foreseeable future and so adopts the going concern basis for preparing the accounts.

3.	Employees and directors

The average number of employees during the period was NIL.

4.	Investment property

Total

£

Fair value

Additions

149,363

At 31st March 2026

149,363

Net book value

At 31st March 2026

149,363

5.

Debtors: amounts falling due within one year

£

Other debtors

337

6.

Creditors: amounts falling due within one year

£

Trade creditors

318

Other creditors

46,912

47,230

7.

Creditors: amounts falling due after more than one year

£

Bank loans

104,900

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due after five years

104,900

8.	Secured debts

The following secured debts are included within creditors:

£

Bank loans

104,900

The Mortgage Works (UK) Plc holds security over the property of 4 Elgin Street, Lancaster, LA1 3DG.