31 March 2024 false No description of principal activity Hypertax 2024.01 SC519790business:PrivateLimitedCompanyLtd2024-03-312025-03-30 SC519790business:AuditExempt-NoAccountantsReport2024-03-312025-03-30 SC519790business:FilletedAccounts2024-03-312025-03-30 SC5197902024-03-312025-03-30 SC5197902025-03-30 SC5197902022-03-31 SC5197902023-03-312024-03-30 SC5197902024-03-30 SC519790business:Director12024-03-312025-03-30 SC519790business:Director22024-03-312025-03-30 SC519790business:Director22025-03-30 SC519790business:RegisteredOffice2024-03-312025-03-30 SC519790core:WithinOneYear2025-03-30 SC519790core:WithinOneYear2024-03-30 SC519790core:AfterOneYear2025-03-30 SC519790core:AfterOneYear2024-03-30 SC519790core:ShareCapitalcore:PreviouslyStatedAmount2025-03-30 SC519790core:ShareCapitalcore:PreviouslyStatedAmount2024-03-30 SC519790core:SharePremiumcore:PreviouslyStatedAmount2025-03-30 SC519790core:SharePremiumcore:PreviouslyStatedAmount2024-03-30 SC519790core:RevaluationReservecore:PreviouslyStatedAmount2025-03-30 SC519790core:RevaluationReservecore:PreviouslyStatedAmount2024-03-30 SC519790core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2025-03-30 SC519790core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-03-30 SC519790core:CapitalRedemptionReservecore:PreviouslyStatedAmount2025-03-30 SC519790core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-03-30 SC519790core:CapitalContributionReservecore:PreviouslyStatedAmount2025-03-30 SC519790core:CapitalContributionReservecore:PreviouslyStatedAmount2024-03-30 SC519790core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-30 SC519790core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-30 SC519790core:PreviouslyStatedAmount2025-03-30 SC519790core:PreviouslyStatedAmount2024-03-30 SC519790business:SmallEntities2024-03-312025-03-30 iso4217:GBP xbrli:pure
Company Registration No. SC519790 (Scotland)
Inch Properties Ltd
Unaudited Accounts
for the period ended 30 March 2025
Inch Properties Ltd
Statement of financial position
as at 30 March 2025
2025
2024
Fixed assets
Investment property
4
304,410
304,410
304,410
304,410
Current assets
Debtors
5
100
100
Cash at bank and in hand
8,854
6,279
8,954
6,379
Creditors: amounts falling due within one period
6
(219,267)
(213,151)
Net current assets
(210,313)
(206,772)
Total assets less current liabilities
94,097
97,638
Net assets
94,097
97,638
Capital and reserves
Called up share capital
100
100
Revaluation reserve
77,000
77,000
Profit and loss account
16,997
20,538
Shareholder funds
94,097
97,638
For the year ending 30 March 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 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 financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by .............................................................. Colin Inch Director Company Registration Number: SC519790
Currency: GBP (£)
2
Inch Properties Ltd
Notes to the Accounts
for the period ended 30 March 2025
1. Statutory information
Inch Properties Ltd is a private company, limited by shares, registered in Scotland, registration number SC519790. The registered office is 1B Bellvue Terrace, Edinburgh, EH7 4DU.
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.
4. Investment property
2025
Fair value at 31 March 2024
304,410
Additions
-
Disposals
-
Net gain from fair value adjustments
-
Transfers from tangible fixed assets
-
At 30 March 2025
304,410
5. Debtors
2025
2024
Amounts falling due within one period
Other debtors
100
100
100
100
6. Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
210,000
210,000
Taxes and social security
-
664
Loans from directors
2,295
1,983
Accruals
6,972
504
219,267
213,151
7. Average number of employees
During the period the average number of employees was 1 (2024: 1).
Currency: GBP (£)
3