IPP SCOMARK LIMITED

Company Registration Number:
SC589329 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

IPP SCOMARK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

IPP SCOMARK LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

18 months to 31 December 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 536,456 681,992
Investments:   0 0
Total fixed assets: 536,456 681,992
Current assets
Stocks: 122,153 27,920
Debtors: 4 96,546 298,126
Cash at bank and in hand: 586 29,078
Investments:   0 0
Total current assets: 219,285 355,124
Creditors: amounts falling due within one year:   (1,236,752) (570,234)
Net current assets (liabilities): (1,017,467) (215,110)
Total assets less current liabilities: (481,011) 466,882
Creditors: amounts falling due after more than one year:   0 (330,922)
Provision for liabilities: (71,470) (92,025)
Total net assets (liabilities): (552,481) 43,935
Capital and reserves
Called up share capital: 190,000 190,000
Share premium account: 116,000 116,000
Revaluation reserve:5314,855405,401
Other reserves: 0 0
Profit and loss account: (1,173,336) (667,466)
Shareholders funds: (552,481) 43,935

The notes form part of these financial statements

IPP SCOMARK LIMITED

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

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

This report was approved by the board of directors on 09 May 2025
and signed on behalf of the board by:

Name: Mrs Victoria Sarah Riddell
Status: Director

The notes form part of these financial statements

IPP SCOMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

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

IPP SCOMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 18 months to 31 December 2023
Average number of employees during the period 15 13

IPP SCOMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,399,391
Additions 9,200
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 1,408,591
Depreciation
At 01 January 2024 717,399
Charge for year 154,736
On disposals 0
Other adjustments 0
At 31 December 2024 872,135
Net book value
At 31 December 2024 536,456
At 31 December 2023 681,992

IPP SCOMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 18 months to 31 December 2023
££
Debtors due after more than one year: 0 0

IPP SCOMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Revaluation reserve

2024
£
Balance at 01 January 2024 405,401
Surplus or deficit after revaluation (90,546)
Balance at 31 December 2024 314,855