Company registration number:
SC389227
Iris Management Services (Scotland) Ltd
Trading as
Iris Management Services (Scotland) Ltd
Financial statements
30 September 2025
Iris Management Services (Scotland) Ltd
Directors report
Year ended 30 September 2025
The directors present their report and the unaudited financial statements of the company for the year ended 30 September 2025.
Directors
The directors who served the company during the year were as follows:
|
|
Mr James Dempsey |
|
Mr Andrew Ramage |
|
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
25 June 2026
and signed on behalf of the board by:
Mr Andrew Ramage
Director
Iris Management Services (Scotland) Ltd
Abridged statement of financial position
30 September 2025
|
|
|
2025 |
|
|
|
2024 |
|
|
|
|
Note |
£ |
|
£ |
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
|
Stocks |
|
|
483,057 |
|
|
|
480,869 |
|
|
|
Debtors |
|
|
351,349 |
|
|
|
345,975 |
|
|
|
Investments |
|
4 |
2,001 |
|
|
|
2,001 |
|
|
|
Cash at bank and in hand |
|
|
9 |
|
|
|
86 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
836,416 |
|
|
|
828,931 |
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
within one year |
|
|
(
855,343) |
|
|
|
(
838,928) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
Net current liabilities |
|
|
|
|
(
18,927) |
|
|
|
(
9,997) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Total assets less current liabilities |
|
|
|
|
(
18,927) |
|
|
|
(
9,997) |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
after more than one year |
|
|
|
|
(
34,404) |
|
|
|
(
41,972) |
|
Accruals and deferred income |
|
|
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Net liabilities |
|
|
|
|
(
53,331) |
|
|
|
(
51,969) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
|
|
|
|
Called up share capital |
|
|
|
|
1,000 |
|
|
|
1,000 |
|
Share premium account |
|
|
|
|
1,001 |
|
|
|
1,001 |
|
Profit and loss account |
|
|
|
|
(
55,332) |
|
|
|
(
53,970) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Shareholders deficit |
|
|
|
|
(
53,331) |
|
|
|
(
51,969) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
For the year ending 30 September 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 financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
25 June 2026
, and are signed on behalf of the board by:
Mr Andrew Ramage
Director
Company registration number:
SC389227
Iris Management Services (Scotland) Ltd
Notes to the financial statements
Year ended 30 September 2025
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is c/o Dylan Associates, 780 Crow Rd, Jordanhill, Glasgow, G13 1LX.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4.
Investments
|
|
|
2025 |
2024 |
|
|
|
£ |
£ |
|
Called up share capital (payable) |
|
2,001 |
2,001 |
|
|
|
_______ |
_______ |
|
|
|
|
|