Hugh Wilson Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC188558 (Scotland)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

HUGH WILSON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Gibb

REGISTERED OFFICE:

31-33 Albert Street

Motherwell

Lanarkshire

ML1 1PR

REGISTERED NUMBER:

SC188558 (Scotland)

ACCOUNTANTS:

Active Corporate Audit LLP

Chartered Accountants & Business Advisors

Dundas Business Centre

38-40 New City Road

Glasgow

G4 9JT

FIXED ASSETS

Investments

4

40,000

40,000

CURRENT ASSETS

Debtors

5

84,849

84,849

Investments

6

50,000

50,000

134,849

134,849

NET CURRENT ASSETS

134,849

134,849

TOTAL ASSETS LESS CURRENT LIABILITIES

174,849

174,849

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

993,992

993,992

Retained earnings

(820,143

)

(820,143

)

SHAREHOLDERS' FUNDS

174,849

174,849

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2022 and were signed by:

Mr D Gibb - Director

1.	STATUTORY INFORMATION

Hugh Wilson 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Subsidiary undertakings

Investments in subsidiary undertakings are initially stated at cost in the balance sheet and reviewed annually by the directors for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2020

and 30 September 2021

40,000

NET BOOK VALUE

At 30 September 2021

40,000

At 30 September 2020

40,000

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.21

30.9.20

£

£

Amounts owed by group undertakings

84,849

84,849

6.	CURRENT ASSET INVESTMENTS

30.9.21

30.9.20

£

£

Unlisted investments

50,000

50,000

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Gibb.