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Company Registration No. SC700213 (Scotland)
Innovative Climate Solutions Limited Unaudited accounts for the year ended 31 May 2025
Innovative Climate Solutions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Innovative Climate Solutions Limited Company Information for the year ended 31 May 2025
Director
Una Mary Brosnan
Company Number
SC700213 (Scotland)
Registered Office
Clyde Offices 2nd Floor 48 West George Street Glasgow G2 1BP United Kingdom
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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Innovative Climate Solutions Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,623
2,850
Investments
5
20,000
10,479
21,623
13,329
Current assets
Cash at bank and in hand
9,359
8,594
Creditors: amounts falling due within one year
6
(30,050)
(20,940)
Net current liabilities
(20,691)
(12,346)
Net assets
932
983
Capital and reserves
Called up share capital
1
1
Profit and loss account
931
982
Shareholders' funds
932
983
For the year ending 31 May 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2026 and were signed on its behalf by
Una Mary Brosnan Director Company Registration No. SC700213
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Innovative Climate Solutions Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Innovative Climate Solutions Limited is a private company, limited by shares, registered in Scotland, registration number SC700213. The registered office is Clyde Offices 2nd Floor, 48 West George Street, Glasgow, G2 1BP, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
250
3,425
3,675
At 31 May 2025
250
3,425
3,675
Depreciation
At 1 June 2024
48
777
825
Charge for the year
84
1,143
1,227
At 31 May 2025
132
1,920
2,052
Net book value
At 31 May 2025
118
1,505
1,623
At 31 May 2024
202
2,648
2,850
5
Investments
Other investments
£
Valuation at 1 June 2024
10,479
Additions
9,521
Valuation at 31 May 2025
20,000
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Innovative Climate Solutions Limited Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
783
-
Loans from directors
28,547
20,340
Accruals
720
600
30,050
20,940
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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