REGISTERED NUMBER: SC044065 (Scotland)

Intensive Production Development Limited

Unaudited Financial Statements

for the Year Ended 30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D A Laing

SECRETARY:

Mrs C N B Laing

REGISTERED OFFICE:

Honeyburn

Hawick

Roxburghshire

TD9 8LR

REGISTERED NUMBER:

SC044065 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

Royal Bank of Scotland

12 Dunkeld Road

Perth

PH1 5RB

FIXED ASSETS

Tangible assets

4

1

1

Investments

5

275,668

275,505

275,669

275,506

CURRENT ASSETS

Debtors

6

16,669

7,717

Cash at bank

4,679

3,423

21,348

11,140

CREDITORS

Amounts falling due within one year

7

16,869

16,649

NET CURRENT ASSETS/(LIABILITIES)

4,479

(5,509

)

TOTAL ASSETS LESS CURRENT LIABILITIES

280,148

269,997

PROVISIONS FOR LIABILITIES

6,836

5,545

NET ASSETS

273,312

264,452

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

107,757

93,925

Retained earnings

8

165,455

170,427

SHAREHOLDERS' FUNDS

273,312

264,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 6 October 2025 and were signed by:

D A Laing - Director

1.	STATUTORY INFORMATION

Intensive Production Development Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	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 as modified by the revaluation of certain assets.

Turnover and revenue recognition

Turnover represents invoiced sales of services, excluding value added tax, for the hire of plant.

Revenue is recognised in line with the plant hire agreement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

Fixed asset investments

Fixed asset investments are accounted for at fair value. Gains or losses arising in the period are recognised in the income statement and transferred to the fair value reserve. Deferred taxation is provided on any gains or losses arising and is recognised in the fair value reserve.

Provisions

Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

25,839

DEPRECIATION

At 1 May 2024

and 30 April 2025

25,838

NET BOOK VALUE

At 30 April 2025

1

At 30 April 2024

1

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 May 2024

275,505

Additions

10,039

Disposals

(10,004

)

Revaluations

128

At 30 April 2025

275,668

NET BOOK VALUE

At 30 April 2025

275,668

At 30 April 2024

275,505

Cost or valuation at 30 April 2025 is represented by:

Other

investments

£

Valuation in 2021

98,277

Valuation in 2022

5,516

Valuation in 2023

(496

)

Valuation in 2024

11,168

Valuation in 2025

128

Cost

161,075

275,668

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

161,075

176,036

Fixed asset investments were valued on an open market basis on 30 April 2025 by Interactive Investor .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,607

3,163

Other debtors

13,062

4,554

16,669

7,717

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

684

589

Other creditors

16,185

16,060

16,869

16,649

Other creditors includes a loan from the director. The loan is unsecured, interest-free and repayable on demand.

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 May 2024

170,427

93,925

264,352

Profit for the year

9,860

9,860

Dividends

(1,000

)

(1,000

)

Revaluation in year

(13,832

)

13,832

-

At 30 April 2025

165,455

107,757

273,212