Inverroy Crisis Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC501092 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Inverroy Crisis Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

M R Wardner

A I Speake

N S Lees

REGISTERED OFFICE:

Orchard Brae House Suite 2

Ground Floor

Queensferry Road

Edinburgh

EH4 2HS

REGISTERED NUMBER:

SC501092 (Scotland)

ACCOUNTANTS:

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

FIXED ASSETS

Intangible assets

4

506

5,177

Tangible assets

5

2,800

1,564

3,306

6,741

CURRENT ASSETS

Debtors

6

222,965

224,129

Cash at bank

44,574

262,206

267,539

486,335

CREDITORS

Amounts falling due within one year

7

71,038

166,457

NET CURRENT ASSETS

196,501

319,878

TOTAL ASSETS LESS CURRENT
LIABILITIES

199,807

326,619

CAPITAL AND RESERVES

Called up share capital

8

1,200

Retained earnings

198,607

325,419

SHAREHOLDERS' FUNDS

199,807

326,619

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

M R Wardner - Director

1.	STATUTORY INFORMATION

Inverroy Crisis Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for the sale of consultancy, training and other services supplied to clients in the course of business.

Turnover is recognised over the duration of the consultancy and training services.

Amounts received from customers for whom revenue has not yet been recognised are recorded in the Balance Sheet as deferred income within current liabilities.

Where sales invoices have been raised post year end, which relate to work carried out prior to year end, the value is included in accrued income at the balance sheet date.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

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

-

33% on cost

Taxation

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee ownership

On 20 March 2025, the shareholders of Inverrory Crisis Management Limited elected to sell the Ordinary share capital to the company's employees through the mechanism of an Employee Ownership Trust.

Inverrory Crisis Management Trustees Limited ("The Trust") acquired the share capital of Inverrory Crisis Management for £1,259,072.

The Trust holds the shares for the future benefit of the company's employees.

An initial payment for £95,000 was paid for the Ordinary share capital and a debt created for the remaining value.

Inverroy Crisis Management Limited expects to make future payments of the deferred consideration on

a monthly basis, provided the company has sufficient distributable reserves and cash when payments are due.

Grant income

During the year, the company received a £47,652 government grant.

The grant was awarded for a specific project and recognised in the current period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 April 2024

and 31 March 2025

40,896

AMORTISATION

At 1 April 2024

35,719

Amortisation for year

4,671

At 31 March 2025

40,390

NET BOOK VALUE

At 31 March 2025

506

At 31 March 2024

5,177

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

150

13,342

13,492

Additions

55

3,018

3,073

At 31 March 2025

205

16,360

16,565

DEPRECIATION

At 1 April 2024

150

11,778

11,928

Charge for year

18

1,819

1,837

At 31 March 2025

168

13,597

13,765

NET BOOK VALUE

At 31 March 2025

37

2,763

2,800

At 31 March 2024

-

1,564

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

158,257

195,554

Prepayments and accrued income

64,708

28,575

222,965

224,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

33,755

47,776

Tax

-

48,806

Social security and other taxes

19,137

22,406

VAT

4,847

36,840

Other creditors

12,937

9,845

Directors' current accounts

362

784

71,038

166,457

8.	CALLED UP SHARE CAPITAL

Allotted
Number

Class of shares

Nominal
value

31.3.25

31.3.24

1,000,000

Ordinary
shares

£0.001

0

1,000

1,200,000

Ordinary
shares

£0.001

1,200

0

200,000

B shares

£0.001

0

200

1

Preference
shares

£0.001

0

1200

As part of the share capital acquisition by Inverory Crisis Management Trustees Limited all B Ordinary shares of £0.001 were transferred to Ordinary shares of £0.001 and 1 Preference share was issued for £0.001.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inverroy Crisis Management Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Inverroy Crisis Management Limited, as a body, in accordance with the terms of our engagement letter dated 13 February 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Inverroy Crisis Management Limited and state those matters that we have agreed to state to the Board of Directors of Inverroy Crisis Management Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Inverroy Crisis Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Inverroy Crisis Management Limited. You consider that Inverroy Crisis Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Inverroy Crisis Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

28 October 2025