1 September 2024 false No description of principal activity Taxfiler 2024.6 SC512942 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC512942 2024-08-31 SC512942 2024-09-01 2025-08-31 SC512942 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC512942 business:FilletedAccounts 2024-09-01 2025-08-31 SC512942 2025-08-31 SC512942 business:Director1 2024-09-01 2025-08-31 SC512942 2024-08-31 SC512942 core:WithinOneYear 2025-08-31 SC512942 core:WithinOneYear 2024-08-31 SC512942 core:AfterOneYear 2025-08-31 SC512942 core:AfterOneYear 2024-08-31 SC512942 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 SC512942 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 SC512942 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 SC512942 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 SC512942 core:PreviouslyStatedAmount 2025-08-31 SC512942 core:PreviouslyStatedAmount 2024-08-31 SC512942 business:SmallEntities 2024-09-01 2025-08-31 SC512942 countries:Scotland 2024-09-01 2025-08-31 SC512942 core:PlantMachinery 2024-08-31 SC512942 core:MotorVehicles 2024-08-31 SC512942 core:FurnitureFittings 2024-08-31 SC512942 core:ComputerEquipment 2024-08-31 SC512942 core:PlantMachinery 2025-08-31 SC512942 core:MotorVehicles 2025-08-31 SC512942 core:FurnitureFittings 2025-08-31 SC512942 core:ComputerEquipment 2025-08-31 SC512942 core:PlantMachinery 2024-09-01 2025-08-31 SC512942 core:MotorVehicles 2024-09-01 2025-08-31 SC512942 core:FurnitureFittings 2024-09-01 2025-08-31 SC512942 core:ComputerEquipment 2024-09-01 2025-08-31 SC512942 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC512942 (Scotland)
Iain Gray Instrumentation Limited Unaudited accounts for the year ended 31 August 2025
Iain Gray Instrumentation Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Iain Gray Instrumentation Limited Company Information for the year ended 31 August 2025
Director
Iain Gray
Company Number
SC512942 (Scotland)
- 3 -
Iain Gray Instrumentation Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
17,669
20,316
Current assets
Debtors
5
-
166
Cash at bank and in hand
38,338
116,272
38,338
116,438
Creditors: amounts falling due within one year
6
(36,204)
(41,742)
Net current assets
2,134
74,696
Total assets less current liabilities
19,803
95,012
Creditors: amounts falling due after more than one year
7
(6,000)
(14,182)
Net assets
13,803
80,830
Capital and reserves
Called up share capital
100
100
Profit and loss account
13,703
80,730
Shareholders' funds
13,803
80,830
For the year ending 31 August 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 his 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 23 September 2025 and were signed on its behalf by
Iain Gray Director Company Registration No. SC512942
- 4 -
Iain Gray Instrumentation Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Iain Gray Instrumentation Limited is a private company, limited by shares, registered in Scotland, registration number SC512942.
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2024
5,917
22,990
2,512
1,814
33,233
At 31 August 2025
5,917
22,990
2,512
1,814
33,233
Depreciation
At 1 September 2024
1,642
9,529
1,281
465
12,917
Charge for the year
641
1,683
154
169
2,647
At 31 August 2025
2,283
11,212
1,435
634
15,564
Net book value
At 31 August 2025
3,634
11,778
1,077
1,180
17,669
At 31 August 2024
4,275
13,461
1,231
1,349
20,316
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
166
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
7,427
-
Loans from directors
20,842
28,242
Accruals
7,935
13,500
36,204
41,742
- 5 -
Iain Gray Instrumentation Limited Notes to the Accounts for the year ended 31 August 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
6,000
14,182
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -