ACCOUNTS - Final Accounts preparation

BLAIRISH HOLDINGS LTD - Company Information

Registered number: SC615273

BLAIRISH HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

BLAIRISH HOLDINGS LIMITED

COMPANY INFORMATION

DIRECTORS	J K Woolnough
	J E Woolnough


REGISTERED NUMBER	SC615273


REGISTERED OFFICE	Westby
	64 West High Street
	Forfar
	Angus
	DD8 1BJ


ACCOUNTANTS	EQ Accountants LLP
	Chartered Accountants
	64 West High Street
	Forfar
	Angus
	DD8 1BJ

BLAIRISH HOLDINGS LIMITED

REGISTERED NUMBER: SC615273

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2020

		2020		2019
		£		£

FIXED ASSETS
Investments	4		2		2
			2		2
CURRENT ASSETS
Debtors		124,079		203,900
Cash at bank and in hand	5	200,996		102
		325,075		204,002
Creditors: amounts falling due within one year		(4,099)		(960)
NET CURRENT ASSETS			320,976		203,042
TOTAL ASSETS LESS CURRENT LIABILITIES			320,978		203,044

NET ASSETS			320,978		203,044

CAPITAL AND RESERVES
Called up share capital	4	4
Profit and loss account	320,974	203,040
	320,978	203,044

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 January 2021.

J K Woolnough

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

BLAIRISH HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

1.	GENERAL INFORMATION

The company Blairish Holdings Limited is limited by shares and incorporated in Scotland. The address of the registered office is Westby, 64 West High Street, Forfar, Tayside, DD8 1BJ. The principal place of business is Aberfeldy Business Park, Dunkeld Road, Aberfeldy, Perthshire.
The financial statements are presented in Sterling which is the functional currency of the company.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.5

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2019 - 2).

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BLAIRISH HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

4.	FIXED ASSET INVESTMENTS

		Investments in subsidiary companies
		£
	COST OR VALUATION
	At 1 July 2019	2
	At 30 June 2020	2

5.	CASH AND CASH EQUIVALENTS
		2020	2019
		£	£

Cash at bank and in hand	200,996	102
	200,996	102

6.	SHARE CAPITAL
		2020	2019
		£	£

Allotted, called up and fully paid

2 (2019 - 2) Ordinary A shares of £1.00 each	2	2
2 (2019 - 2) Ordinary B shares of £1.00 each	2	2

	4	4

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