REGISTERED NUMBER: |
INTELLIGENT LAND INVESTMENTS LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024 |
REGISTERED NUMBER: |
INTELLIGENT LAND INVESTMENTS LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024 |
INTELLIGENT LAND INVESTMENTS LIMITED (REGISTERED NUMBER: SC271660) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2024 |
Page |
Balance Sheet | 1 |
INTELLIGENT LAND INVESTMENTS LIMITED (REGISTERED NUMBER: SC271660) |
BALANCE SHEET |
28 FEBRUARY 2024 |
2024 | 2023 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Intelligent Land Investments Limited is a private company, limited by shares, registered in Scotland. The registered office is The Shires, 33 Bothwell Road, Hamilton, ML3 0AS. |
The financial statements are presented in Sterling (£). |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was NIL (2023 - NIL). |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 28 February 2024 and 28 February 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Interest has been charged on this loan at a rate of 2.25% and no repayment terms have been established. |
INTELLIGENT LAND INVESTMENTS LIMITED (REGISTERED NUMBER: SC271660) |
BALANCE SHEET - continued |
28 FEBRUARY 2024 |
NOTES TO THE FINANCIAL STATEMENTS |
4. | RELATED PARTY DISCLOSURES |
During the year, the company received a loan of £50,000 from a related party, Intelligent Land Investments Group PLC, related by common control and this loan in included in creditors. This amount was then loaned to the existing shareholders of Intelligent Land Investments Limited and is included in debtors. |
During this period, the company's subsidiary, ILI Dalshannon PLC, waived a loan due from Intelligent Land Investments Limited of £25,000. |
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 were approved by the Board of Directors and authorised for issue on |