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REGISTERED NUMBER: 03803522 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2024

FOR

INDIGOSCOTT GROUP LIMITED

INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INDIGOSCOTT GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 JUNE 2024







DIRECTORS: J R Scott
S T Scott





SECRETARY: S T Scott





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 03803522 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)

BALANCE SHEET
28 JUNE 2024

28.6.24 28.6.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 11 11
Investment property 6 350,000 350,000
350,011 350,011

CURRENT ASSETS
Stocks 130,369 26,461
Debtors 7 13,558,449 12,359,934
Cash at bank 54,831 44,307
13,743,649 12,430,702
CREDITORS
Amounts falling due within one year 8 14,545,916 13,065,002
NET CURRENT LIABILITIES (802,267 ) (634,300 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(452,256

)

(284,289

)

CREDITORS
Amounts falling due after more than one
year

9

8,108,833

6,976,302
NET LIABILITIES (8,561,089 ) (7,260,591 )

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings (8,561,091 ) (7,260,593 )
SHAREHOLDERS' FUNDS (8,561,089 ) (7,260,591 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 June 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.

INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)

BALANCE SHEET - continued
28 JUNE 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 15 May 2025 and were signed on its behalf by:





J R Scott - Director


INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 JUNE 2024

1. STATUTORY INFORMATION

IndigoScott Group Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis.

This depends on the profitability of projects held within individual SPVs, together with the continuing support of investors and creditors. While this cannot be guaranteed, the Directors are confident that the relevant financial stakeholders will continue to support the company.

Preparation of consolidated financial statements
The financial statements contain information about IndigoScott Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents income from operating activities net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures & Fittings: 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at cost, subject to an impairment review. In the event an impairment is required this will be charged through the Income Statement.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 JUNE 2024

2. ACCOUNTING POLICIES - continued

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.

Financial instruments
Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 June 2023
and 28 June 2024 16,756
DEPRECIATION
At 29 June 2023
and 28 June 2024 16,756
NET BOOK VALUE
At 28 June 2024 -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 29 June 2023
and 28 June 2024 11
NET BOOK VALUE
At 28 June 2024 11
At 28 June 2023 11

INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 JUNE 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 29 June 2023
and 28 June 2024 350,000
NET BOOK VALUE
At 28 June 2024 350,000
At 28 June 2023 350,000

Fair value at 28 June 2024 is represented by:
£   
Valuation in 2020 143,612
Cost 206,388
350,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 28.6.23
£    £   
Trade debtors 550 975
Amounts owed by group undertakings 9,926,957 5,606,394
Other debtors 3,630,942 6,752,565
13,558,449 12,359,934

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 28.6.23
£    £   
Trade creditors 555,775 407,931
Amounts owed to group undertakings 377,716 9,168
Taxation and social security 63,791 172,236
Other creditors & accruals 13,548,634 12,475,667
14,545,916 13,065,002

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.6.24 28.6.23
£    £   
Other creditors 8,108,833 6,976,302

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.6.24 28.6.23
value: £    £   
2 Ordinary Shares £1 2 2

INDIGOSCOTT GROUP LIMITED (REGISTERED NUMBER: 03803522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 JUNE 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors were owed £8,108,833 (2023 : £6,976,302) by IndigoScott Group Limited. This balance is included in Other creditors due in more than one year, has no repayment date and is not liable to interest.

12. RELATED PARTY DISCLOSURES

The Company is related to various Limited Companies by virtue of being under common control.

Amounts due from the above Companies amounted to £9,107,232 (2023: £2,013,586) and are included within Other debtors. Amounts due to the above Companies amounted to £850,058 (2023: £920,053) and are included within Other creditors.

The Company is related to various Limited Liability Partnerships by virtue of its being a member.

Amounts due from the above Llps amounted to £4,323,654 (2023: £3,572,934) and are included within Other debtors. Amounts due to the above Llps amounted to £360,773 (2023: £49,348) and are included within Other creditors.


13. ULTIMATE CONTROLLING PARTY

There is no individual ultimate controlling party.