0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC472981 2023-05-01 2024-04-30 SC472981 2024-04-30 SC472981 2023-04-30 SC472981 2022-05-01 2023-04-30 SC472981 2023-04-30 SC472981 2022-04-30 SC472981 bus:Director1 2023-05-01 2024-04-30 SC472981 core:WithinOneYear 2024-04-30 SC472981 core:WithinOneYear 2023-04-30 SC472981 core:ShareCapital 2024-04-30 SC472981 core:ShareCapital 2023-04-30 SC472981 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC472981 core:RetainedEarningsAccumulatedLosses 2023-04-30 SC472981 bus:SmallEntities 2023-05-01 2024-04-30 SC472981 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 SC472981 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC472981 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC472981 bus:FullAccounts 2023-05-01 2024-04-30
COMPANY REGISTRATION NUMBER: SC472981
Invertay Developments Ltd
Filleted Unaudited Financial Statements
30 April 2024
Invertay Developments Ltd
Statement of Financial Position
30 April 2024
2024
2023
Note
£
£
Current Assets
Debtors
4
88,265
2,400
Cash at bank and in hand
69,079
241,023
---------
---------
157,344
243,423
Creditors: amounts falling due within one year
5
43,301
122,551
---------
---------
Net Current Assets
114,043
120,872
---------
---------
Total Assets Less Current Liabilities
114,043
120,872
---------
---------
Capital and Reserves
Called up share capital
4
4
Profit and loss account
114,039
120,868
---------
---------
Shareholders Funds
114,043
120,872
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 27 January 2025 , and are signed on behalf of the board by:
Mr Garry Lees
Director
Company registration number: SC472981
Invertay Developments Ltd
Notes to the Financial Statements
Year Ended 30 April 2024
1. General Information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Office 8, River Court, 5 West Victoria Dock Road, Dundee, DD1 3JT.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
4. Debtors
2024
2023
£
£
Other debtors
88,265
2,400
--------
-------
5. Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
231
231
Other creditors
43,070
122,320
--------
---------
43,301
122,551
--------
---------