Registration number: SC347514

Inch Park (Trading) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Inch Park (Trading) Limited

Company Information

Directors

Mr Yusaf Sneddon Mr John- Paul Mason Mr Alan Thomas Soden Mr Raymond McAndrew Cllr Lezley Marion Cameron Mr Kenneth Wyness Irons

Registered office

5 Atholl Crescent Edinburgh EH3 8EJ

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

Inch Park (Trading) Limited

(Registration number: SC347514)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	7,563	9,667
Current assets
Stocks	4	3,000	3,000
Debtors	5	11,001	7,806
Cash at bank and in hand		4,394	4,554
		18,395	15,360
Creditors: Amounts falling due within one year	6	(23,681)	(23,724)
Net current liabilities		(5,286)	(8,364)
Total assets less current liabilities		2,277	1,303
Creditors: Amounts falling due after more than one year	6	(52,153)	(62,272)
Net liabilities		(49,876)	(60,969)
Capital and reserves
Called up share capital		1	1
Retained earnings		(49,877)	(60,970)
Shareholders' deficit		(49,876)	(60,969)

For the financial 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.

Directors' responsibilities:

•	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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 May 2026 and signed on its behalf by:
 

......................................... Mr Yusaf Sneddon Director

Inch Park (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

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 that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 income 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Plant and machinery	20% on cost
Fixtures and fittings	20% on cost
Office equipment	33% on cost

Inch Park (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

2	Staff numbers

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

Inch Park (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

3	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 June 2024	4,234	14,361	4,682	23,277
Additions	-	-	1,706	1,706
At 31 May 2025	4,234	14,361	6,388	24,983
Depreciation
At 1 June 2024	608	8,979	4,023	13,610
Charge for the year	202	2,063	1,545	3,810
At 31 May 2025	810	11,042	5,568	17,420
Carrying amount
At 31 May 2025	3,424	3,319	820	7,563
At 31 May 2024	3,626	5,382	659	9,667

4

Stocks

	2025 £	2024 £
Raw materials and consumables	3,000	3,000

5

Debtors

Current	2025 £	2024 £
Trade debtors	10,921	5,871
Other debtors	80	1,935
	11,001	7,806

6

Creditors

Creditors: amounts falling due within one year

Inch Park (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

	2025 £	2024 £
Due within one year
Trade creditors	17,013	19,274
Taxation and social security	2,579	400
Accruals and deferred income	3,945	3,945
Other creditors	144	105
	23,681	23,724

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	13,033	23,218
Other financial liabilities		39,120	39,054
		52,153	62,272

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	13,033	23,218