IRIS Accounts Production v26.1.10.61 SC212827 Board of Directors 1.9.25 28.2.26 28.2.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC212827 2025-08-31 SC212827 2026-02-28 SC212827 2025-09-01 2026-02-28 SC212827 2024-08-31 SC212827 2024-09-01 2025-08-31 SC212827 2025-08-31 SC212827 ns15:Scotland 2025-09-01 2026-02-28 SC212827 ns14:PoundSterling 2025-09-01 2026-02-28 SC212827 ns10:Director1 2025-09-01 2026-02-28 SC212827 ns10:PrivateLimitedCompanyLtd 2025-09-01 2026-02-28 SC212827 ns10:SmallEntities 2025-09-01 2026-02-28 SC212827 ns10:AuditExempt-NoAccountantsReport 2025-09-01 2026-02-28 SC212827 ns10:SmallCompaniesRegimeForDirectorsReport 2025-09-01 2026-02-28 SC212827 ns10:SmallCompaniesRegimeForAccounts 2025-09-01 2026-02-28 SC212827 ns10:FullAccounts 2025-09-01 2026-02-28 SC212827 1 2025-09-01 2026-02-28 SC212827 ns10:Director2 2025-09-01 2026-02-28 SC212827 ns10:CompanySecretary1 2025-09-01 2026-02-28 SC212827 ns10:RegisteredOffice 2025-09-01 2026-02-28 SC212827 ns5:CurrentFinancialInstruments 2026-02-28 SC212827 ns5:CurrentFinancialInstruments 2025-08-31 SC212827 ns5:Non-currentFinancialInstruments 2026-02-28 SC212827 ns5:Non-currentFinancialInstruments 2025-08-31 SC212827 ns5:ShareCapital 2026-02-28 SC212827 ns5:ShareCapital 2025-08-31 SC212827 ns5:RetainedEarningsAccumulatedLosses 2026-02-28 SC212827 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 SC212827 ns5:NetGoodwill 2025-09-01 2026-02-28 SC212827 ns5:IntangibleAssetsOtherThanGoodwill 2025-09-01 2026-02-28 SC212827 ns5:LeaseholdImprovements 2025-09-01 2026-02-28 SC212827 ns5:PlantMachinery 2025-09-01 2026-02-28 SC212827 ns5:FurnitureFittings 2025-09-01 2026-02-28 SC212827 ns5:MotorVehicles 2025-09-01 2026-02-28 SC212827 ns5:ComputerEquipment 2025-09-01 2026-02-28 SC212827 ns5:NetGoodwill 2025-08-31 SC212827 ns5:NetGoodwill 2026-02-28 SC212827 ns5:NetGoodwill 2025-08-31 SC212827 ns5:LeaseholdImprovements 2025-08-31 SC212827 ns5:PlantMachinery 2025-08-31 SC212827 ns5:FurnitureFittings 2025-08-31 SC212827 ns5:LeaseholdImprovements 2026-02-28 SC212827 ns5:PlantMachinery 2026-02-28 SC212827 ns5:FurnitureFittings 2026-02-28 SC212827 ns5:LeaseholdImprovements 2025-08-31 SC212827 ns5:PlantMachinery 2025-08-31 SC212827 ns5:FurnitureFittings 2025-08-31 SC212827 ns5:MotorVehicles 2025-08-31 SC212827 ns5:ComputerEquipment 2025-08-31 SC212827 ns5:MotorVehicles 2026-02-28 SC212827 ns5:ComputerEquipment 2026-02-28 SC212827 ns5:MotorVehicles 2025-08-31 SC212827 ns5:ComputerEquipment 2025-08-31 SC212827 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-02-28 SC212827 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 SC212827 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2026-02-28 SC212827 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-08-31 SC212827 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2026-02-28 SC212827 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-08-31 SC212827 ns5:HirePurchaseContracts 2026-02-28 SC212827 ns5:HirePurchaseContracts 2025-08-31 SC212827 ns5:WithinOneYear 2026-02-28 SC212827 ns5:WithinOneYear 2025-08-31 SC212827 ns5:BetweenOneFiveYears 2026-02-28 SC212827 ns5:BetweenOneFiveYears 2025-08-31 SC212827 ns5:AllPeriods 2026-02-28 SC212827 ns5:AllPeriods 2025-08-31 SC212827 ns10:Director1 1 2025-08-31 SC212827 ns10:Director1 1 2024-08-31 SC212827 ns10:Director1 1 2025-09-01 2026-02-28 SC212827 ns10:Director1 1 2024-09-01 2025-08-31 SC212827 ns10:Director1 1 2026-02-28 SC212827 ns10:Director1 1 2025-08-31

REGISTERED NUMBER: SC212827 (Scotland)

Financial Statements

For The Period 1 September 2025 to 28 February 2026

for

Indeglas Limited

| Indeglas Limited (Registered number: SC212827) |

Contents of the Financial Statements

For The Period 1 September 2025 to 28 February 2026

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Indeglas Limited |

Company Information

For The Period 1 September 2025 to 28 February 2026

| DIRECTORS: | Mrs J B MacIntyre

| I D Mcalpine

| SECRETARY: | Mrs J B MacIntyre

| REGISTERED OFFICE: | 3 Duncan Mcintosh Road

| Wardpark North

| Cumbernauld

| G68 0HH

| REGISTERED NUMBER: | SC212827 (Scotland)

| ACCOUNTANTS: | Robb Ferguson Chartered Accountants

| Regent Court

| 70 West Regent Street

| Glasgow

| G2 2QZ

| Indeglas Limited (Registered number: SC212827) |

Statement of Financial Position

28 February 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 259,098 |  | 238,670 |  |

259,098 |  | 238,670 |  |

CURRENT ASSETS

Stocks | 250,960 |  | 250,513 |  |

Debtors | 6 | 529,669 |  | 619,139 |  |

Cash at bank | 247,864 |  | 94,589 |  |

1,028,493 |  | 964,241 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,058,570 |  | 1,015,338 |  |

NET CURRENT LIABILITIES | (30,077 | ) | (51,097 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 229,021 |  | 187,573 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 76,508 |  | 70,090 |  |

NET ASSETS | 152,513 |  | 117,483 |  |

CAPITAL AND RESERVES

Called up share capital | 3 |  | 3 |  |

Retained earnings | 152,510 |  | 117,480 |  |

152,513 |  | 117,483 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| Indeglas Limited (Registered number: SC212827) |

Statement of Financial Position - continued

28 February 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2026 and were signed on its behalf by:

Mrs J B MacIntyre - Director

| Indeglas Limited (Registered number: SC212827) |

Notes to the Financial Statements

For The Period 1 September 2025 to 28 February 2026

1. | STATUTORY INFORMATION

| Indeglas Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| The turnover shown in the profit and loss account represents the sales value of work carried out during the year on long term and other contracts, exclusive of Value Added Tax.

| Goodwill

| Goodwill arising on the acquisition of businesses, representing any excess of the fair value of the consideration given over the fair value of the identifiable assets and liabilities acquired, is capitalised and written orr on a straight line basis over its useful economic life of 10 years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 10% on cost

| Fixed plant and equipment | - | 33.33% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 33.33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, alter making due allowance for obsolete and slow moving items.

| Cost is purchase price on a first-in first-out basis.

| Financial instruments

| Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Indeglas Limited (Registered number: SC212827) |

Notes to the Financial Statements - continued

For The Period 1 September 2025 to 28 February 2026

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme arc charged lo profit or loss in the period to which they relate.

| Long term contracts

| The company classifies as long term those contracts where the contract activity extends over more than one accounting period.

| The amount recognised as turnover represents the value of work carried out during the year. Where the outcome of a contract can be assessed with reasonable certainty attributable profit is recognised in proportion lo the amount of turnover recognised in the financial statements. Full provision is made for any foreseeable losses and these arc included in accruals under creditors due within one year.

| Where the amount recognised as turnover exceeds the payments on account received and receivable in respect of that contract, the balance is included in debtors as amounts recoverable on contracts. Retentions and payments on account receivable arc included in trade debtors. Payments on account received in excess of the value of work done arc included in creditors.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 8 (2025 - 10 ) .

| Indeglas Limited (Registered number: SC212827) |

Notes to the Financial Statements - continued

For The Period 1 September 2025 to 28 February 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 September 2025

| and 28 February 2026 | 7,000 |  |

| AMORTISATION

| At 1 September 2025

| and 28 February 2026 | 7,000 |  |

| NET BOOK VALUE

| At 28 February 2026 | - |  |

| At 31 August 2025 | - |  |

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixed |  | Fixtures

| to |  | plant and |  | and

| property |  | equipment |  | fittings

£ | £ | £ |

| COST

| At 1 September 2025 | 251,906 |  | 79,721 |  | 23,163 |  |

| Additions | 7,568 |  | - |  | - |  |

| At 28 February 2026 | 259,474 |  | 79,721 |  | 23,163 |  |

| DEPRECIATION

| At 1 September 2025 | 24,215 |  | 68,742 |  | 23,163 |  |

| Charge for period | 13,005 |  | 10,846 |  | - |  |

| At 28 February 2026 | 37,220 |  | 79,588 |  | 23,163 |  |

| NET BOOK VALUE

| At 28 February 2026 | 222,254 |  | 133 |  | - |  |

| At 31 August 2025 | 227,691 |  | 10,979 |  | - |  |

| Indeglas Limited (Registered number: SC212827) |

Notes to the Financial Statements - continued

For The Period 1 September 2025 to 28 February 2026

5. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 September 2025 | 2,000 |  | 59,958 |  | 416,748 |  |

| Additions | 39,158 |  | - |  | 46,726 |  |

| At 28 February 2026 | 41,158 |  | 59,958 |  | 463,474 |  |

| DEPRECIATION

| At 1 September 2025 | 2,000 |  | 59,958 |  | 178,078 |  |

| Charge for period | 2,447 |  | - |  | 26,298 |  |

| At 28 February 2026 | 4,447 |  | 59,958 |  | 204,376 |  |

| NET BOOK VALUE

| At 28 February 2026 | 36,711 |  | - |  | 259,098 |  |

| At 31 August 2025 | - |  | - |  | 238,670 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 488,957 |  | 556,914 |  |

| Other debtors | 280 |  | 280 |  |

| Directors' current accounts | 5,900 |  | 5,900 |  |

| VAT | 8,278 |  | 20,714 |  |

| Prepayments | 26,254 |  | 35,331 |  |

529,669 |  | 619,139 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other loans | 25,621 |  | 23,271 |  |

| Hire purchase contracts (see note 9) | 6,095 |  | - |  |

| Payments on account | 216,407 |  | 183,471 |  |

| Trade creditors | 421,900 |  | 412,020 |  |

| Amounts owed to group undertakings | 285,420 |  | 312,142 |  |

| Social security and other taxes | 15,065 |  | 12,840 |  |

| Other creditors | - |  | 1,536 |  |

| Accrued expenses | 88,062 |  | 64,025 |  |

| Deferred government grants | - |  | 6,033 |  |

1,058,570 |  | 1,015,338 |  |

| Indeglas Limited (Registered number: SC212827) |

Notes to the Financial Statements - continued

For The Period 1 September 2025 to 28 February 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other loans - 1-2 years | 28,892 |  | 26,242 |  |

| Other loans - 2-5 years | 28,708 |  | 43,848 |  |

| Hire purchase contracts (see note 9) | 18,908 |  | - |  |

76,508 |  | 70,090 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2026 | 2025 |

£ | £ |

| Net obligations repayable:

| Within one year | 6,095 |  | - |  |

| Between one and five years | 18,908 |  | - |  |

25,003 |  | - |  |

| Non-cancellable |

| operating leases |

2026 | 2025 |

£ | £ |

| Within one year | 17,084 |  | 24,666 |  |

| Between one and five years | 27,680 |  | 34,600 |  |

44,764 |  | 59,266 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the period ended 28 February 2026 and the year ended 31 August 2025:

2026 | 2025 |

£ | £ |

| Mrs J B MacIntyre

| Balance outstanding at start of period | (5,900 | ) | (6,000 | ) |

| Amounts repaid | - |  | 100 |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | (5,900 | ) | (5,900 | ) |

11. | ULTIMATE CONTROLLING PARTY

| The controlling party is Mrs J B MacIntyre.

| The company was under the control of Mrs J B MacIntyre throughout the current and previous year by virtue of her shareholding in the ultimate parent company, Kewcalian Limited.