INVICTA SCOTLAND LIMITED

Company Registration Number:
SC531039 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

INVICTA SCOTLAND LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes

INVICTA SCOTLAND LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 618,069 385,427
Total fixed assets: 618,069 385,427
Current assets
Stocks: 4 34,435 7,560
Debtors: 5 284,125 186,946
Cash at bank and in hand: 37,131 14,270
Total current assets: 355,691 208,776
Creditors: amounts falling due within one year: 6 ( 215,287 ) ( 188,292 )
Net current assets (liabilities): 140,404 20,484
Total assets less current liabilities: 758,473 405,911
Creditors: amounts falling due after more than one year: 7 ( 410,127 ) ( 256,345 )
Total net assets (liabilities): 348,346 149,566
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 348,246 149,466
Total Shareholders' funds: 348,346 149,566

The notes form part of these financial statements

INVICTA SCOTLAND LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 March 2025
and signed on behalf of the board by:

Name: Matthew J Swan
Status: Director

The notes form part of these financial statements

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 16 18

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 380,440 262,413 642,853
Additions 288,649 288,649
Disposals
Revaluations
Transfers
At 31 March 2024 669,089 262,413 931,502
Depreciation
At 1 April 2023 99,998 157,428 257,426
Charge for year 29,761 26,246 56,007
On disposals
Other adjustments
At 31 March 2024 129,759 183,674 313,433
Net book value
At 31 March 2024 539,330 78,739 618,069
At 31 March 2023 280,442 104,985 385,427

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 34,435 7,560
Total 34,435 7,560

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 179,846 94,935
Other debtors 104,279 92,011
Total 284,125 186,946

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 17,328 28,600
Amounts due under finance leases and hire purchase contracts 127,126 67,193
Taxation and social security 50,976 88,303
Accruals and deferred income 2,402 1,000
Other creditors 17,455 3,196
Total 215,287 188,292

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 39,672 68,049
Amounts due under finance leases and hire purchase contracts 370,455 188,296
Total 410,127 256,345

INVICTA SCOTLAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Directors loan will be paid within 9 months of the year end.
£
Balance at 31 March 2023 59,011
Advances or credits made: 104,279
Advances or credits repaid: 59,011
Balance at 31 March 2024 104,279