Company registration number SC076251 (Scotland)
INAMO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
INAMO LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
INAMO LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
293,941
301,608
Current assets
Stocks
7,891
11,607
Debtors
5
85,368
65,142
Cash at bank and in hand
23,122
65,253
116,381
142,002
Creditors: amounts falling due within one year
6
(51,681)
(59,458)
Net current assets
64,700
82,544
Total assets less current liabilities
358,641
384,152
Creditors: amounts falling due after more than one year
7
(35,525)
(44,817)
Provisions for liabilities
(11,955)
(11,803)
Government grants
(71,406)
(73,824)
Net assets
239,755
253,708
Capital and reserves
Called up share capital
13,800
13,800
Profit and loss reserves
225,955
239,908
Total equity
239,755
253,708
INAMO LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2025
31 July 2025
- 2 -

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 March 2026 and are signed on its behalf by:
Mr G Barr
Director
Company registration number SC076251 (Scotland)
INAMO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

Inamo Limited is a private company limited by shares incorporated in Scotland. The registered office is 21 Bank Street, Irvine, Ayrshire, United Kingdom, KA12 0AJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents payments received with respect to the provision of services rendered.

1.3
Intangible fixed assets - goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1992, was amortised evenly over its estimated useful life of twenty years.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% Straight Line
Improvements to property
5% Straight Line
Fixtures and fittings
10% Straight Line
Computers
20% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

INAMO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
24
22
3
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2024 and 31 July 2025
6,750
Amortisation and impairment
At 1 August 2024 and 31 July 2025
6,750
Carrying amount
At 31 July 2025
-
0
At 31 July 2024
-
0
INAMO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
4
Tangible fixed assets
Freehold land and buildings
Improvements to property
Fixtures and fittings
Computers
Total
£
£
£
£
£
Cost
At 1 August 2024
430,997
29,844
322,234
10,973
794,048
Additions
-
0
-
0
13,194
-
0
13,194
Disposals
-
0
(29,844)
(88,844)
-
0
(118,688)
At 31 July 2025
430,997
-
0
246,584
10,973
688,554
Depreciation and impairment
At 1 August 2024
196,368
24,691
260,408
10,973
492,440
Depreciation charged in the year
6,876
1,492
8,832
-
0
17,200
Eliminated in respect of disposals
-
0
(26,183)
(88,844)
-
0
(115,027)
At 31 July 2025
203,244
-
0
180,396
10,973
394,613
Carrying amount
At 31 July 2025
227,753
-
0
66,188
-
0
293,941
At 31 July 2024
234,629
5,153
61,826
-
0
301,608
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
72,044
59,000
Other debtors
13,324
6,142
85,368
65,142
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
17,091
22,778
Taxation and social security
10,656
19,600
Other creditors
23,934
17,080
51,681
59,458
INAMO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 6 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
20,734
35,322
Other creditors
14,791
9,495
35,525
44,817
8
Loans and overdrafts
2025
2024
£
£
Bank loans
37,825
59,067
Due within 1 year
17,091
22,778
Due within 2 - 5 years
20,734
35,322
Due after 5 years
-
967

A bond and floating charge over the heritable property exists in relation to all sums and obligations due or to become due by the company to Bank of Scotland plc.

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