Company No:
Contents
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 48,535 | 48,535 | |||
| Current assets | ||||
| Cash at bank and in hand | 4 |
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| 1 | 1 | |||
| Creditors: amounts falling due within one year | 5 | (
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(
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| Net current liabilities | (48,534) | (48,534) | ||
| Total assets less current liabilities | 1 | 1 | ||
| Net assets |
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| Capital and reserves | ||||
| Called-up share capital | 6 |
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| Total shareholder's funds |
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Directors' responsibilities:
The financial statements of Isle of Mingay Limited (registered number:
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Mr E C Bowcott
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Isle of Mingay Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Bdo Stoy Hayward 4 Atlantic Quay, 70 York Street, Glasgow, G2 8JX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
| Land and buildings | not depreciated |
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including directors |
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| Land and buildings | Total | ||
| £ | £ | ||
| Cost | |||
| At 01 March 2024 |
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| At 28 February 2025 |
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| Accumulated depreciation | |||
| At 01 March 2024 |
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| At 28 February 2025 |
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| Net book value | |||
| At 28 February 2025 |
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| At 29 February 2024 |
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| 2025 | 2024 | ||
| £ | £ | ||
| Cash at bank and in hand |
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| 2025 | 2024 | ||
| £ | £ | ||
| Other creditors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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Mr E C Bowcott
The company was under the control of Mr E C Bowcott throughout the current and previous year. Mr E C Bowcott is a director and shareholder in Stock Limited. At 28 February 2025 £48,535 (2024: £48,535) was owed to Stock Limited.