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REGISTERED NUMBER: SC670389 (Scotland)















Financial Statements for the Year Ended 31 August 2023

for

Invercauld Limited

Invercauld Limited (Registered number: SC670389)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Invercauld Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Marc Alexander Yan Fitchett
Sophie Anne Meilien Fitchett
Luc Christopher Yoon Fitchett
Andrew Fitchett





REGISTERED OFFICE: 1160 Tollcross Road
Glasgow
G32 8HE





REGISTERED NUMBER: SC670389 (Scotland)






Invercauld Limited (Registered number: SC670389)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 431,648 431,648

CURRENT ASSETS
Cash at bank 23,383 15,742

CREDITORS
Amounts falling due within one year 5 425,423 425,208
NET CURRENT LIABILITIES (402,040 ) (409,466 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,608

22,182

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 29,509 22,083
SHAREHOLDERS' FUNDS 29,608 22,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 28 July 2024 and were signed on its behalf by:





Luc Christopher Yoon Fitchett - Director


Invercauld Limited (Registered number: SC670389)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Invercauld 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 431,648
NET BOOK VALUE
At 31 August 2023 431,648
At 31 August 2022 431,648

Invercauld Limited (Registered number: SC670389)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 3,485 3,550
Other creditors 421,938 421,658
425,423 425,208

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Marc Alexander Yan Fitchett.