2024-04-01 SC668453 2025-03-31 SC668453 2024-04-01 2025-03-31 SC668453 2024-03-31 SC668453 2023-04-01 2024-03-31 SC668453 uk-core:WithinOneYear 2024-03-31 SC668453 uk-core:WithinOneYear 2025-03-31 SC668453 uk-core:AfterOneYear 2024-03-31 SC668453 uk-core:AfterOneYear 2025-03-31 SC668453 uk-core:ShareCapital 2025-03-31 SC668453 uk-core:ShareCapital 2024-03-31 SC668453 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC668453 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC668453 uk-bus:Director1 2024-04-01 2025-03-31 SC668453 uk-core:MotorVehicles 2024-03-31 SC668453 uk-core:ToolsEquipment 2024-03-31 SC668453 uk-core:MotorVehicles 2024-04-01 2025-03-31 SC668453 uk-core:ToolsEquipment 2024-04-01 2025-03-31 SC668453 uk-core:ToolsEquipment 2025-03-31 SC668453 uk-core:MotorVehicles 2025-03-31 SC668453 uk-core:WithinOneYear 2024-04-01 2025-03-31 SC668453 uk-core:AfterOneYear uk-core:Secured 2025-03-31 SC668453 uk-core:AfterOneYear uk-core:Secured 2024-03-31 iso4217:GBP xbrli:pure SC668453 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC668453 uk-bus:FRS102 2024-04-01 2025-03-31 SC668453 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 SC668453 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Imajine Scotland Ltd
Registered Number:SC668453
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2025
Imajine Scotland Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC668453
As at 31 March 2025
Imajine Scotland Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
23,674
38,900
2
23,674
38,900
Current assets
Inventories
550
550
3
Trade and other receivables
10,529
21,737
4
3,391
Cash and cash equivalents
854
23,141
14,470
Trade and other payables: amounts falling due within one
year
(11,496)
(15,043)
5
2,974
8,098
Net current assets
Total assets less current liabilities
31,772
41,874
Trade and other payables: amounts falling due after more
than one year
(41,774)
(24,620)
6
7,152
Net assets
100
Capital and reserves
Called up share capital
100
100
Retained earnings
7,052
-
7,152
100
Shareholders' funds
For the year ended 31 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mark Stewart Director
These financial statements were approved and authorised for issue by the Board on 20 October 2025 and were signed by:
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4
Registered Number :
SC668453
For the year ended 31 March 2025
Imajine Scotland Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2025
Imajine Scotland Ltd
Notes to the Financial Statements
Statutory Information
Imajine Scotland Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC668453.
Registered address:
2-4 Salamander Place
Edinburgh
EH6 7JB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2024
68,717
57,617
11,100
353
-
353
Additions
(18,222)
-
Disposals
(18,222)
At 31 March 2025
11,453
39,395
50,848
Provision for depreciation and impairment
At 01 April 2024
29,817
24,883
4,934
Charge for year
7,892
6,262
1,630
(10,535)
(10,535)
-
On disposal
At 31 March 2025
27,174
20,610
6,564
At 31 March 2025
Net book value
4,889
18,785
23,674
At 31 March 2024
6,166
32,734
38,900
3. Inventories
2024
2025
£
£
Stocks
550
550
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6
For the year ended 31 March 2025
Imajine Scotland Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2024
2025
£
£
Trade debtors
8,393
1,150
Other debtors
13,344
9,379
10,529
21,737
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
70
482
Taxation and social security
13,981
5,039
Other creditors
992
5,975
15,043
11,496
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
6. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
24,620
41,774
7. Average number of persons employed
During the year the average number of employees was 4 (2024 : 5)
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