IRIS Accounts Production v25.1.3.33 SC554594 director 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC554594 2024-01-31 SC554594 2025-01-31 SC554594 2024-02-01 2025-01-31 SC554594 2023-01-31 SC554594 2023-02-01 2024-01-31 SC554594 2024-01-31 SC554594 ns15:Scotland 2024-02-01 2025-01-31 SC554594 ns14:PoundSterling 2024-02-01 2025-01-31 SC554594 ns10:Director1 2024-02-01 2025-01-31 SC554594 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC554594 ns10:SmallEntities 2024-02-01 2025-01-31 SC554594 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC554594 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 SC554594 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC554594 ns10:FullAccounts 2024-02-01 2025-01-31 SC554594 ns10:RegisteredOffice 2024-02-01 2025-01-31 SC554594 ns5:CurrentFinancialInstruments 2025-01-31 SC554594 ns5:CurrentFinancialInstruments 2024-01-31 SC554594 ns5:ShareCapital 2025-01-31 SC554594 ns5:ShareCapital 2024-01-31 SC554594 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 SC554594 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 SC554594 ns5:MotorVehicles 2024-02-01 2025-01-31 SC554594 ns5:ComputerEquipment 2024-02-01 2025-01-31 SC554594 ns5:MotorVehicles 2024-01-31 SC554594 ns5:ComputerEquipment 2024-01-31 SC554594 ns5:MotorVehicles 2025-01-31 SC554594 ns5:ComputerEquipment 2025-01-31 SC554594 ns5:MotorVehicles 2024-01-31 SC554594 ns5:ComputerEquipment 2024-01-31 SC554594 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 SC554594 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 SC554594 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 SC554594 ns5:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31

REGISTERED NUMBER: SC554594 (Scotland)

| Financial Statements |

| for the Year Ended 31 January 2025 |

| for |

| Inkster Engineering Design Limited |

Inkster Engineering Design Limited (Registered number: SC554594)

Contents of the Financial Statements

for the Year Ended 31 January 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Inkster Engineering Design Limited

Company Information

for the Year Ended 31 January 2025

| DIRECTOR: | J Inkster

| REGISTERED OFFICE: | 1 Southampton Drive

| Glasgow

| G12 0LL

| REGISTERED NUMBER: | SC554594 (Scotland)

| ACCOUNTANTS: | O'Haras Chartered Accountants

| Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

Inkster Engineering Design Limited (Registered number: SC554594)

Balance Sheet

31 January 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 3 | - |  | 2,531 |  |

CURRENT ASSETS

Debtors | 4 | 3,732 |  | 1,500 |  |

Cash at bank | 277 |  | 383 |  |

4,009 |  | 1,883 |  |

CREDITORS

Amounts falling due within one year | 5 | 2,067 |  | 4,002 |  |

NET CURRENT ASSETS/(LIABILITIES) | 1,942 |  | (2,119 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,942 |  | 412 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 6 | 1,842 |  | 312 |  |

SHAREHOLDERS' FUNDS | 1,942 |  | 412 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 2 October 2025 and were signed by:

J Inkster - Director

Inkster Engineering Design Limited (Registered number: SC554594)

Notes to the Financial Statements

for the Year Ended 31 January 2025

1. | 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.

| Going concern

| The company ceased trading on 31 January 2025, and as such these financial statements have been prepared on a break-up basis.

| Revenue

| Revenue represents the amounts derived from the provision of goods and services, excluding value added tax and trade discounts.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| 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.

| 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.

| Cash and cash equivalents

| Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Impairment of fixed assets

| At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Inkster Engineering Design Limited (Registered number: SC554594)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

3. | TANGIBLE FIXED ASSETS

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 February 2024 | 8,000 |  | 599 |  | 8,599 |  |

| Disposals | (8,000 | ) | - |  | (8,000 | ) |

| At 31 January 2025 | - |  | 599 |  | 599 |  |

| DEPRECIATION

| At 1 February 2024 | 5,469 |  | 599 |  | 6,068 |  |

| Charge for year | 633 |  | - |  | 633 |  |

| Eliminated on disposal | (6,102 | ) | - |  | (6,102 | ) |

| At 31 January 2025 | - |  | 599 |  | 599 |  |

| NET BOOK VALUE

| At 31 January 2025 | - |  | - |  | - |  |

| At 31 January 2024 | 2,531 |  | - |  | 2,531 |  |

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 3,732 |  | 1,500 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 988 |  | 448 |  |

| Other creditors | 1,079 |  | 3,554 |  |

2,067 |  | 4,002 |  |

6. | RESERVES

| Retained

| earnings

£ |

| At 1 February 2024 | 312 |  |

| Profit for the year | 3,530 |  |

| Dividends | (2,000 | ) |

| At 31 January 2025 | 1,842 |  |