1 September 2024 false No description of principal activity Taxfiler 2024.6 SC512472business:PrivateLimitedCompanyLtd2024-09-012025-08-31 SC5124722024-08-31 SC5124722024-09-012025-08-31 SC512472business:AuditExemptWithAccountantsReport2024-09-012025-08-31 SC512472business:FilletedAccounts2024-09-012025-08-31 SC5124722025-08-31 SC512472business:Director12024-09-012025-08-31 SC512472business:RegisteredOffice2024-09-012025-08-31 SC5124722024-08-31 SC512472core:WithinOneYear2025-08-31 SC512472core:WithinOneYear2024-08-31 SC512472core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 SC512472core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC512472core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 SC512472core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC512472core:PreviouslyStatedAmount2025-08-31 SC512472core:PreviouslyStatedAmount2024-08-31 SC512472business:SmallEntities2024-09-012025-08-31 SC512472countries:Scotland2024-09-012025-08-31 SC512472core:PlantMachinery2024-09-012025-08-31 SC512472core:MotorVehicles2024-09-012025-08-31 SC512472core:FurnitureFittings2024-09-012025-08-31 SC512472core:ComputerEquipment2024-09-012025-08-31 SC512472core:PlantMachinery2024-08-31 SC512472core:ComputerEquipment2024-08-31 SC512472core:PlantMachinery2025-08-31 SC512472core:ComputerEquipment2025-08-31 SC512472core:WithinOneYear2024-09-012025-08-31 SC5124722023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC512472 (Scotland)
I.P.S TECHNICAL SERVICES LTD Unaudited accounts for the year ended 31 August 2025
I.P.S TECHNICAL SERVICES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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I.P.S TECHNICAL SERVICES LTD Company Information for the year ended 31 August 2025
Director
Iain Stephenson
Company Number
SC512472 (Scotland)
Registered Office
71A WRIGHTS LANE HIGH STREET ALNESS IV17 0SH SCOTLAND
Accountants
Scott Accountancy Services 119 Lanchester Avenue Gateshead Tyne & Wear NE9 7AN
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I.P.S TECHNICAL SERVICES LTD Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,024 
2,104 
Current assets
Debtors
5
73,340 
4,595 
Cash at bank and in hand
5,608 
71,216 
78,948 
75,811 
Creditors: amounts falling due within one year
6
(63,063)
(70,395)
Net current assets
15,885 
5,416 
Net assets
18,909 
7,520 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
18,908 
7,519 
Shareholders' funds
18,909 
7,520 
For the year ending 31 August 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2025 and were signed on its behalf by
Iain Stephenson Director Company Registration No. SC512472
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I.P.S TECHNICAL SERVICES LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
I.P.S TECHNICAL SERVICES LTD is a private company, limited by shares, registered in Scotland, registration number SC512472. The registered office is 71A WRIGHTS LANE, HIGH STREET, ALNESS, IV17 0SH, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.3% Straight Line
Dividends & Directors Loan
The director acknowledges that the company had an exceedingly good trading period, he fully expects this to continue with work lined up for the majority of the following trading period. Due to personal circumstances and future plans he was able to, and chose to, only take a portion of his remuneration and has retained the remainder in a loan account owing to him, he also allowed his shareholders dividend payment from post tax profits to be retained within the company with the intention of a future possible drawdown on the retention.
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I.P.S TECHNICAL SERVICES LTD Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
1,299 
1,499 
2,798 
Additions
1,418 
569 
1,987 
At 31 August 2025
2,717 
2,068 
4,785 
Depreciation
At 1 September 2024
194 
500 
694 
Charge for the year
378 
689 
1,067 
At 31 August 2025
572 
1,189 
1,761 
Net book value
At 31 August 2025
2,145 
879 
3,024 
At 31 August 2024
1,105 
999 
2,104 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,000 
- 
Accrued income and prepayments
4,595 
4,595 
Other debtors
61,745 
- 
73,340 
4,595 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
403 
2,103 
Taxes and social security
9,760 
9,919 
Proposed dividends
- 
52,000 
Loans from directors
52,000 
5,473 
Accruals
900 
900 
63,063 
70,395 
Directors Loan - Reinvestment of proposed dividends into intercompany lending.
7
Transactions with related parties
The company provided a loan for investment in property to a company with common ownership. The majority of this sum has been retained in the business by the foregoing of proposed dividends to the shareholder and the conversion of the same to a directors loan. It is proposed that the loan is repaid fully in the coming reporting period and any balance remaining is covered by writing off against the directors loan balance if required.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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