2022-04-01 SC668453 2023-03-31 SC668453 2022-04-01 2023-03-31 SC668453 2022-03-31 SC668453 2021-04-01 2022-03-31 SC668453 uk-core:WithinOneYear uk-bus:Original 2022-03-31 SC668453 uk-core:WithinOneYear uk-bus:Original 2023-03-31 SC668453 uk-core:AfterOneYear uk-bus:Original 2022-03-31 SC668453 uk-core:AfterOneYear uk-bus:Original 2023-03-31 SC668453 uk-core:ShareCapital uk-bus:Original 2023-03-31 SC668453 uk-core:ShareCapital uk-bus:Original 2022-03-31 SC668453 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-03-31 SC668453 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-03-31 SC668453 uk-bus:Director1 uk-bus:Original 2022-04-01 2023-03-31 SC668453 uk-core:MotorVehicles uk-bus:Original 2022-03-31 SC668453 uk-core:ToolsEquipment uk-bus:Original 2022-03-31 SC668453 uk-core:MotorVehicles uk-bus:Original 2022-04-01 2023-03-31 SC668453 uk-core:ToolsEquipment uk-bus:Original 2022-04-01 2023-03-31 SC668453 uk-core:ToolsEquipment uk-bus:Original 2023-03-31 SC668453 uk-core:MotorVehicles uk-bus:Original 2023-03-31 SC668453 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-03-31 SC668453 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure SC668453 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-04-01 2023-03-31 SC668453 uk-bus:FRS102 uk-bus:Original 2022-04-01 2023-03-31 SC668453 uk-bus:FilletedAccounts uk-bus:Original 2022-04-01 2023-03-31 SC668453 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-04-01 2023-03-31
Imajine Scotland Ltd
Registered Number:SC668453
For the year ended 31 March 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2023
Imajine Scotland Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC668453
As at 31 March 2023
Imajine Scotland Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
32,126
20,666
2
32,126
20,666
Current assets
Inventories
550
550
3
Trade and other receivables
9,663
8,974
4
14,108
Cash and cash equivalents
8,319
17,843
24,321
Trade and other payables: amounts falling due within one
year
(8,717)
(1,958)
5
15,604
15,885
Net current assets
Total assets less current liabilities
48,011
36,270
Trade and other payables: amounts falling due after more
than one year
(15,870)
(36,002)
6
12,009
Net assets
20,400
Capital and reserves
Called up share capital
100
100
Retained earnings
11,909
20,300
12,009
20,400
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mark Stewart Director
These financial statements were approved and authorised for issue by the Board on 06 September 2023 and were signed by:
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4
Registered Number :
SC668453
For the year ended 31 March 2023
Imajine Scotland Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2023
Imajine Scotland Ltd
Notes to the Financial Statements
Statutory Information
Imajine Scotland Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC668453.
Registered address:
2-4 Salamander Place
Edinburgh
EH6 7JB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2022
29,432
24,222
5,210
25,545
23,995
1,550
Additions
(6,000)
-
Disposals
(6,000)
At 31 March 2023
6,760
42,217
48,977
Provision for depreciation and impairment
At 01 April 2022
8,766
7,181
1,585
Charge for year
10,710
9,416
1,294
(2,625)
(2,625)
-
On disposal
At 31 March 2023
16,851
13,972
2,879
At 31 March 2023
Net book value
3,881
28,245
32,126
At 31 March 2022
3,625
17,041
20,666
3. Inventories
2022
2023
£
£
Stocks
550
550
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6
For the year ended 31 March 2023
Imajine Scotland Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Trade debtors
2,471
5,040
Other debtors
6,503
4,623
9,663
8,974
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
84
740
Taxation and social security
911
4,671
Other creditors
963
3,306
1,958
8,717
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
36,002
15,870
7. Average number of persons employed
During the year the average number of employees was 4 (2022 : 5)
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