1 August 2024 false No description of principal activity Taxfiler 2024.6 SC738377business:PrivateLimitedCompanyLtd2024-08-012025-07-31 SC7383772024-07-31 SC7383772024-08-012025-07-31 SC738377business:AuditExemptWithAccountantsReport2024-08-012025-07-31 SC738377business:FilletedAccounts2024-08-012025-07-31 SC7383772025-07-31 SC738377business:Director12024-08-012025-07-31 SC738377business:RegisteredOffice2024-08-012025-07-31 SC7383772024-07-31 SC738377core:WithinOneYear2025-07-31 SC738377core:WithinOneYear2024-07-31 SC738377core:AfterOneYear2025-07-31 SC738377core:AfterOneYear2024-07-31 SC738377core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 SC738377core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 SC738377core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 SC738377core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 SC738377core:PreviouslyStatedAmount2025-07-31 SC738377core:PreviouslyStatedAmount2024-07-31 SC738377business:SmallEntities2024-08-012025-07-31 SC738377countries:Scotland2024-08-012025-07-31 SC738377core:Goodwill2024-07-31 SC738377core:Goodwill2025-07-31 SC738377core:Goodwill2024-08-012025-07-31 SC738377core:PlantMachinery2024-07-31 SC738377core:MotorVehicles2024-07-31 SC738377core:FurnitureFittings2024-07-31 SC738377core:ComputerEquipment2024-07-31 SC738377core:PlantMachinery2024-08-012025-07-31 SC738377core:MotorVehicles2024-08-012025-07-31 SC738377core:FurnitureFittings2024-08-012025-07-31 SC738377core:ComputerEquipment2024-08-012025-07-31 SC738377core:PlantMachinery2025-07-31 SC738377core:MotorVehicles2025-07-31 SC738377core:FurnitureFittings2025-07-31 SC738377core:ComputerEquipment2025-07-31 SC7383772023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC738377 (Scotland)
Island Car Hire Limited Unaudited accounts for the year ended 31 July 2025
Island Car Hire Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Island Car Hire Limited Company Information for the year ended 31 July 2025
Director
Alasdair Andrew MacLeod
Company Number
SC738377 (Scotland)
Registered Office
McCreath Accountancy 7 Francis Street Stornoway Isle of Lewis HS1 2XD Scotland
Accountants
McCreath Accountancy Phoenix House Phoenix Business Park Paisley Renfrewshire PA1 2BH
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Island Car Hire Limited Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
3,745 
4,280 
Tangible assets
5
200,278 
294,426 
204,023 
298,706 
Current assets
Debtors
6
63,336 
22,399 
Cash at bank and in hand
53,683 
38,131 
117,019 
60,530 
Creditors: amounts falling due within one year
7
(37,041)
(63,664)
Net current assets/(liabilities)
79,978 
(3,134)
Total assets less current liabilities
284,001 
295,572 
Creditors: amounts falling due after more than one year
8
(86,186)
(186,856)
Net assets
197,815 
108,716 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
197,715 
108,616 
Shareholders' funds
197,815 
108,716 
For the year ending 31 July 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 31 July 2026 and were signed on its behalf by
Alasdair Andrew MacLeod Director Company Registration No. SC738377
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Island Car Hire Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Island Car Hire Limited is a private company, limited by shares, registered in Scotland, registration number SC738377. The registered office is McCreath Accountancy, 7 Francis Street, Stornoway, Isle of Lewis, HS1 2XD, 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.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2024
5,350 
At 31 July 2025
5,350 
Amortisation
At 1 August 2024
1,070 
Charge for the year
535 
At 31 July 2025
1,605 
Net book value
At 31 July 2025
3,745 
At 31 July 2024
4,280 
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Island Car Hire Limited Notes to the Accounts for the year ended 31 July 2025
5
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 August 2024
624 
334,851 
627 
1,522 
337,624 
Additions
62,781 
- 
- 
- 
62,781 
Disposals
- 
(113,446)
- 
- 
(113,446)
At 31 July 2025
63,405 
221,405 
627 
1,522 
286,959 
Depreciation
At 1 August 2024
135 
42,634 
132 
297 
43,198 
Charge for the year
15,852 
55,352 
132 
508 
71,844 
On disposals
- 
(28,361)
- 
- 
(28,361)
At 31 July 2025
15,987 
69,625 
264 
805 
86,681 
Net book value
At 31 July 2025
47,418 
151,780 
363 
717 
200,278 
At 31 July 2024
489 
292,217 
495 
1,225 
294,426 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
8,827 
2,089 
Trade debtors
39,247 
20,310 
Other debtors
15,262 
- 
63,336 
22,399 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
11,803 
Obligations under finance leases and hire purchase contracts
32,796 
45,062 
Trade creditors
2,550 
3,296 
Taxes and social security
- 
1,809 
Accruals
1,695 
1,694 
37,041 
63,664 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
8,206 
20,009 
Obligations under finance leases and hire purchase contracts
18,217 
86,601 
Loans from directors
59,763 
80,246 
86,186 
186,856 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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