D Inglis Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07255899

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		29,236
Tangible Assets	5		204,771		205,141

			204,771		234,377
CURRENT ASSETS
Stocks	6	-		400
Debtors	7	92,842		72,099
Cash at bank and in hand		29,909		71,932

		122,751		144,431
Creditors: Amounts Falling Due Within One Year	8	(85,631 )		(116,672 )

NET CURRENT ASSETS (LIABILITIES)			37,120		27,759

TOTAL ASSETS LESS CURRENT LIABILITIES			241,891		262,136

NET ASSETS			241,891		262,136

CAPITAL AND RESERVES
Called up share capital			200		200
Profit and Loss Account			241,691		261,936

SHAREHOLDERS' FUNDS			241,891		262,136

Page 1

Page 2

D Inglis Ltd

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 2025 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 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

D J Inglis

Director

13/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

D Inglis Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07255899 . The registered office is 3 Westfield House, Millfield Lane Nether Poppleton, York, North Yorkshire, YO26 6GA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business in 2019. The investment has now been finalised. It is amortised to profit and loss account over its remaining estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	is not depreciated
Plant & Machinery	is depreciated at 25% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

D Inglis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 10)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2024	48,728
Disposals	(29,236 )

As at 31 May 2025	19,492

Amortisation
As at 1 June 2024	19,492

As at 31 May 2025	19,492

Net Book Value
As at 31 May 2025	-

As at 1 June 2024	29,236

5. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 June 2024	195,900	30,420	226,320
Additions	-	2,587	2,587

As at 31 May 2025	195,900	33,007	228,907

Depreciation
As at 1 June 2024	-	21,179	21,179
Provided during the period	-	2,957	2,957

As at 31 May 2025	-	24,136	24,136

Net Book Value
As at 31 May 2025	195,900	8,871	204,771

As at 1 June 2024	195,900	9,241	205,141

Page 4

Page 5

D Inglis Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

6. Stocks

	2025	2024
	£	£
Stock	-	400

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	90,863	60,919
Other debtors	1,979	11,180

	92,842	72,099

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,552	8,865
Bank loans and overdrafts	37,750	35,188
Other creditors	7,838	8,654
Taxation and social security	28,491	63,965

	85,631	116,672

Page 5