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REGISTERED NUMBER: SC064180 (Scotland)











Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Inversnecky (Aberdeen) Limited

Inversnecky (Aberdeen) Limited (Registered number: SC064180)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Inversnecky (Aberdeen) Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: P N J Hay
Mrs C M Paterson
P R Vicca
P M Vicca
M L Vicca





SECRETARY: P M Vicca





REGISTERED OFFICE: 14 Leslie Crescent
Westhill
Aberdeenshire
AB32 6UZ





REGISTERED NUMBER: SC064180 (Scotland)





ACCOUNTANTS: Grampian Accounting
3 Prospect Place
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6SY

Inversnecky (Aberdeen) Limited (Registered number: SC064180)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 821,693 825,214

CURRENT ASSETS
Stocks 4,482 4,934
Debtors 5 18,598 12,058
Investments 6 285,514 279,988
Cash at bank and in hand 64,158 42,839
372,752 339,819
CREDITORS
Amounts falling due within one year 7 190,801 164,701
NET CURRENT ASSETS 181,951 175,118
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,003,644

1,000,332

PROVISIONS FOR LIABILITIES 20,746 20,746
NET ASSETS 982,898 979,586

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 8 40,000 40,000
Retained earnings 941,898 938,586
982,898 979,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Inversnecky (Aberdeen) Limited (Registered number: SC064180)

Balance Sheet - continued
31 March 2024


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 24 March 2025 and were signed on its behalf by:





P M Vicca - Director


Inversnecky (Aberdeen) Limited (Registered number: SC064180)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Inversnecky (Aberdeen) 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 24 ).

Inversnecky (Aberdeen) Limited (Registered number: SC064180)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 824,271 89,200 913,471
DEPRECIATION
At 1 April 2023 32,182 56,075 88,257
Charge for year 209 3,312 3,521
At 31 March 2024 32,391 59,387 91,778
NET BOOK VALUE
At 31 March 2024 791,880 29,813 821,693
At 31 March 2023 792,089 33,125 825,214

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12,313 6,248
Other debtors 6,285 5,810
18,598 12,058

6. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Listed investments 285,514 279,988

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 87,519 59,910
Other creditors 103,282 104,791
190,801 164,701

8. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 40,000