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REGISTERED NUMBER: 12328030 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

INDIGOSCOTT STERNHOLD AVENUE LIMITED

INDIGOSCOTT STERNHOLD AVENUE LIMITED (REGISTERED NUMBER: 12328030)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INDIGOSCOTT STERNHOLD AVENUE LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2022







DIRECTORS: J R Scott
S T Scott





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 12328030 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

INDIGOSCOTT STERNHOLD AVENUE LIMITED (REGISTERED NUMBER: 12328030)

BALANCE SHEET
30 November 2022

30.11.22 30.11.21
Notes £    £   
CURRENT ASSETS
Stocks - 4,621,848
Debtors 4 17,840 86,805
17,840 4,708,653
CREDITORS
Amounts falling due within one year 5 18,414 4,746,239
NET CURRENT LIABILITIES (574 ) (37,586 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(574

)

(37,586

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings (575 ) (37,587 )
SHAREHOLDERS' FUNDS (574 ) (37,586 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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 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 Board of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by:





J R Scott - Director


INDIGOSCOTT STERNHOLD AVENUE LIMITED (REGISTERED NUMBER: 12328030)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2022

1. STATUTORY INFORMATION

Indigoscott Sternhold Avenue Limited 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.

The company's immediate parent company, IndigoScott Group Limited, have provided a commitment to provide any financial support which may be necessary in order that the company can meet its liabilities, as they fall due, for the foreseeable future. As a result of this commitment the directors have continued to adopt the going concern basis in preparing these financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

Taxation
Taxation for the year 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.


INDIGOSCOTT STERNHOLD AVENUE LIMITED (REGISTERED NUMBER: 12328030)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2022

2. ACCOUNTING POLICIES - continued
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 year 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Amounts owed by group undertakings 17,840 83,940
Other debtors - 2,865
17,840 86,805

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Trade creditors 14,718 18,656
Amounts owed to group undertakings - 423,530
Other creditors & accruals 3,696 4,304,053
18,414 4,746,239

6. SECURED DEBTS

The following secured debts are included within creditors:

30.11.22 30.11.21
£    £   
Other loans - 4,221,389

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.22 30.11.21
value: £    £   
1 Ordinary £1 1 1

INDIGOSCOTT STERNHOLD AVENUE LIMITED (REGISTERED NUMBER: 12328030)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2022

8. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Indigoscott Group Limited, which in turn is owned 100% by Indigoscott Residential Property Limited.

9. ULTIMATE CONTROLLING PARTY

There is no individual ultimate controlling party.