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REGISTERED NUMBER: SC527787 (Scotland)















Unaudited Financial Statements

for the Period

24 February 2016 to 31 March 2017

for

Ferguson & Menzies Holdings Limited

Ferguson & Menzies Holdings Limited (Registered number: SC527787)






Contents of the Financial Statements
for the Period 24 February 2016 to 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ferguson & Menzies Holdings Limited

Company Information
for the Period 24 February 2016 to 31 March 2017







DIRECTORS: J N Proud
Ms E Proud





SECRETARY:





REGISTERED OFFICE: 312 Broomloan Road
Govan
Glasgow
G51 2JW





REGISTERED NUMBER: SC527787 (Scotland)





ACCOUNTANTS: Haines Watts
Floor 1
24 Blythswood Square
Glasgow
G2 4BG

Ferguson & Menzies Holdings Limited (Registered number: SC527787)

Balance Sheet
31 March 2017

Notes £   
FIXED ASSETS
Investments 3 2,200,000

CURRENT ASSETS
Debtors 4 311,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,511,200

CREDITORS
Amounts falling due after more than one year 5 (1,573,000 )
NET ASSETS 938,200

CAPITAL AND RESERVES
Called up share capital 6 200
Retained earnings 7 938,000
SHAREHOLDERS' FUNDS 938,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 27 June 2017 and were signed on its behalf by:





J N Proud - Director


Ferguson & Menzies Holdings Limited (Registered number: SC527787)

Notes to the Financial Statements
for the Period 24 February 2016 to 31 March 2017

1. STATUTORY INFORMATION

Ferguson & Menzies Holdings 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 2,200,000
At 31 March 2017 2,200,000
NET BOOK VALUE
At 31 March 2017 2,200,000

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 311,000
Other debtors 200
311,200

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 1,573,000

Ferguson & Menzies Holdings Limited (Registered number: SC527787)

Notes to the Financial Statements - continued
for the Period 24 February 2016 to 31 March 2017

6. CALLED UP SHARE CAPITAL


Allotted and issued:
Number: Class: Nominal
value: £   
200 Share capital 1 £1 200

200 Ordinary shares of £1 each were allotted at par during the period.

7. RESERVES
Retained
earnings
£   

Profit for the period -
Dividends 938,000
At 31 March 2017 938,000

8. RELATED PARTY DISCLOSURES

During the period, total dividends of £62,000 were paid to the directors .

At the balance sheet date, the Ferguson & Menzies Holdings Limited was owed monies amounting to £311,000 from
Ferguson & Menzies Limited, a wholly owned subsidiary.