2023-12-01 SC680203 2024-11-30 SC680203 2023-12-01 2024-11-30 SC680203 2023-11-30 SC680203 2022-12-01 2023-11-30 SC680203 uk-core:WithinOneYear 2023-11-30 SC680203 uk-core:WithinOneYear 2024-11-30 SC680203 uk-core:ShareCapital 2024-11-30 SC680203 uk-core:ShareCapital 2023-11-30 SC680203 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC680203 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC680203 uk-bus:Director1 2023-12-01 2024-11-30 SC680203 uk-core:ComputerEquipment 2023-12-01 2024-11-30 SC680203 uk-core:MotorCars 2023-12-01 2024-11-30 SC680203 uk-core:WithinOneYear 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure SC680203 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 SC680203 uk-bus:FRS102 2023-12-01 2024-11-30 SC680203 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 SC680203 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Inkrest Ltd
Registered Number:SC680203
For the year ended 30 November 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 November 2024
Inkrest Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC680203
As at 30 November 2024
Inkrest Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
14,993
17,113
14,993
17,113
Current assets
Trade and other receivables
6,436
5,744
2
6,176
Cash and cash equivalents
2,833
8,577
12,612
Trade and other payables: amounts falling due within one
year
(10,519)
(5,401)
3
2,093
3,176
Net current assets
Total assets less current liabilities
18,169
19,206
18,169
Net assets
19,206
Capital and reserves
Called up share capital
1
1
Retained earnings
18,168
19,205
18,169
19,206
Shareholders' funds
For the year ended 30 November 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Kirsten McConnachie Director
These financial statements were approved and authorised for issue by the Board on 28 August 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2024
Inkrest Ltd
Notes to the Financial Statements
Statutory Information
Inkrest Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC680203.
Registered address:
12/2 Duddingston Mills
Edinburgh
Lothiasn
EH8 7TU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Straight line
Computer Equipment
15% Reducing balance
Motor Vehicles
2. Trade and other receivables
2023
2024
£
£
Trade debtors
3,847
6,436
Other debtors
1,897
-
6,436
5,744
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
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5
For the year ended 30 November 2024
Inkrest Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
312
3,167
Other creditors
5,089
7,352
5,401
10,519
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4. Average number of persons employed
During the year the average number of employees was 0 (2023 : 1)
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