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Registration number: 10677464

Ingleview Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 30 June 2025

Ingleview Limited

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 6

Ingleview Limited

(Registration number: 10677464)
Abridged Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,522 | 4,093
Investment property | 5 | 1,245,000 | 1,260,000
Investments | 6 | 2 | 2
Other financial assets | 7 | 1,083,020 | 1,091,546
|  | 2,331,544 | 2,355,641
Current assets |  |  |
Debtors |  | 628 | 1,618
Cash at bank and in hand |  | 13,119 | 5,673
|  | 13,747 | 7,291
Creditors: Amounts falling due within one year |  | (1,834,542) | (1,855,347)
Net current liabilities |  | (1,820,795) | (1,848,056)
Total assets less current liabilities |  | 510,749 | 507,585
Provisions for liabilities |  | (54,493) | (47,126)
Net assets |  | 456,256 | 460,459
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Other reserves |  | 199,686 | 209,806
Profit and loss account |  | 256,470 | 250,553
Total equity |  | 456,256 | 460,459

Ingleview Limited

(Registration number: 10677464)
Abridged Balance Sheet as at 30 June 2025

For the financial 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 of its accounts for the year in question in accordance with section 476; and
| The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 18 March 2026 and signed on its behalf by:

Mrs E Sapsford

Director

Mr B Sapsford

Director

Ingleview Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Ivy Cottage
Main Street
Arkholme
Carnforth
Lancashire
LA6 1AX

These financial statements were authorised for issue by the Board on 18 March 2026.

2 | Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have considered the financial position of the company in view of the results in the year ended 30 June 2025. The company's ability to continue trading is reliant on the directors continuing to support the company through their directors' loan account.
The directors have agreed not to seek repayment of the amounts owed to them within 12 months of the date of the accounts where this would affect the company's ability to trade.
The directors have considered a period of 12 months from the date of approval of the financial statements and consider it appropriate to prepare the financial statements on the going concern basis.

Ingleview Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

Prior period errors

Incorrect classification of shares in associate

| Relating to the current period disclosed in these financial statements £ | Relating to the prior period disclosed in these financial statements £ | Relating to periods before the prior period disclosed in these financial statements £
Other financial assets | - | (2) | -
Investments (Associate) | - | 2 | -

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture and fittings | 25% Reducing Balance

Investment property

Investment property is carried at fair value. Gains are recognised as fair value through profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Ingleview Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment. The fair value used for listed equity shares and bonds is the closing market price at the balance sheet date.
Unrealised fair value gains and losses are transferred to the Fair value reserve net of deferred tax. Realised gains and losses are removed from the Fair value reserve and are then subject to Corporation Tax.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Tangible assets

| Total £
Cost or valuation
At 1 July 2024 | 23,193
Additions | 604
At 30 June 2025 | 23,797
Depreciation
At 1 July 2024 | 19,100
Charge for the year | 1,175
At 30 June 2025 | 20,275
Carrying amount
At 30 June 2025 | 3,522
At 30 June 2024 | 4,093

5 | Investment properties

| 2025 £
At 1 July 2024 | 1,260,000
Fair value adjustments | (15,000)
At 30 June 2025 | 1,245,000

The fair value has been reached by looking at the current market price of similar property in the area.

There has been no valuation of investment property by an independent valuer.

Ingleview Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

6 | Investments

| Associates £ | Total £
Cost or valuation
At 1 July 2024 | 2 | 2
At 30 June 2025 | 2 | 2
Carrying amount
At 30 June 2025 | 2 | 2
At 30 June 2024 | 2 | 2

7 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Non-current financial assets
Cost or valuation
At 1 July 2024 | 1,091,546 | 1,091,546
Fair value adjustments | 32,406 | 32,406
Additions | 209,540 | 209,540
Disposals | (250,472) | (250,472)
At 30 June 2025 | 1,083,020 | 1,083,020
Carrying amount
At 30 June 2025 | 1,083,020 | 1,083,020
At 30 June 2024 | 1,091,546 | 1,091,546