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Company Registration No. SC569597 (Scotland)
Inglefield Investments Limited Unaudited accounts for the year ended 30 June 2025
Inglefield Investments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Inglefield Investments Limited Company Information for the year ended 30 June 2025
Directors
Nadia Millar Ronald Millar
Company Number
SC569597 (Scotland)
Registered Office
Inglefield Mosswell Road Milngavie GLASGOW Lanarkshire G62 8HB Scotland
Accountants
AGL Tax Solutions LLP 2A Station Yard Haddington East Lothian EH41 3PP
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Inglefield Investments Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
5
1,339,086
1,339,086
Current assets
Debtors
6
20,686
54,212
Cash at bank and in hand
222,551
151,927
243,237
206,139
Creditors: amounts falling due within one year
7
(1,458,051)
(1,444,352)
Net current liabilities
(1,214,814)
(1,238,213)
Net assets
124,272
100,873
Capital and reserves
Called up share capital
100
100
Profit and loss account
124,172
100,773
Shareholders' funds
124,272
100,873
For the year ending 30 June 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 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 of Directors and authorised for issue on 13 March 2026 and were signed on its behalf by
Nadia Millar Director Company Registration No. SC569597
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Inglefield Investments Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Inglefield Investments Limited is a private company, limited by shares, registered in Scotland, registration number SC569597. The registered office is Inglefield, Mosswell Road Milngavie, GLASGOW, Lanarkshire, G62 8HB, Scotland.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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
25%
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. 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. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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Inglefield Investments Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 July 2024
35,800
At 30 June 2025
35,800
Depreciation
At 1 July 2024
35,800
At 30 June 2025
35,800
Net book value
At 30 June 2025
-
5
Investment property
2025
£
Fair value at 1 July 2024
1,339,086
At 30 June 2025
1,339,086
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Deferred tax asset
2,519
3,075
Accrued income and prepayments
18,167
1,137
Other debtors
-
50,000
20,686
54,212
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
4,934
2,699
Loans from directors
1,451,557
1,439,763
Accruals
1,560
1,890
1,458,051
1,444,352
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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