27 November 2024 false Taxfiler 2024.6 true SC830296business:PrivateLimitedCompanyLtd2024-11-272025-11-30 SC8302962024-11-26 SC8302962024-11-272025-11-30 SC830296business:AuditExempt-NoAccountantsReport2024-11-272025-11-30 SC830296business:FilletedAccounts2024-11-272025-11-30 SC8302962025-11-30 SC830296business:Director12024-11-272025-11-30 SC830296business:RegisteredOffice2024-11-272025-11-30 SC830296core:WithinOneYear2025-11-30 SC830296core:ShareCapitalcore:PreviouslyStatedAmount2025-11-30 SC830296core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2025-11-30 SC830296core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-11-30 SC830296core:PreviouslyStatedAmount2025-11-30 SC830296business:SmallEntities2024-11-272025-11-30 SC830296countries:Scotland2024-11-272025-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC830296 (Scotland)
Nescot Ltd Unaudited accounts for the period from 27 November 2024 to 30 November 2025
Nescot Ltd Unaudited accounts Contents
Page
- 2 -
Nescot Ltd Company Information for the period from 27 November 2024 to 30 November 2025
Director
Ross Morison Murray
Company Number
SC830296 (Scotland)
Registered Office
Clyde Offices 2nd Floor 48 West George Street Glasgow G2 1BP Scotland
- 3 -
Nescot Ltd Statement of financial position as at 30 November 2025
2025 
Notes
£ 
Fixed assets
Investment property
73,000 
Current assets
Cash at bank and in hand
1,294 
Creditors: amounts falling due within one year
(84,659)
Net current liabilities
(83,365)
Net liabilities
(10,365)
Capital and reserves
Called up share capital
1 
Fair value reserve
(540)
Profit and loss account
(9,826)
Shareholders' funds
(10,365)
For the period ending 30 November 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 12 August 2026 and were signed on its behalf by
Ross Morison Murray Director Company Registration No. SC830296
- 4 -
Nescot Ltd Notes to the Accounts for the period from 27 November 2024 to 30 November 2025
1
Statutory information
Nescot Ltd is a private company, limited by shares, registered in Scotland, registration number SC830296. The registered office is Clyde Offices, 2nd Floor, 48 West George Street, Glasgow, G2 1BP, 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 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The director adopts the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future. The director fully understands and acknowledge the financial position of the business and believes that no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements.
4
Investment property
2025 
£ 
Additions
73,540 
Net loss from fair value adjustments
(540)
At 30 November 2025
73,000 
- 5 -
Nescot Ltd Notes to the Accounts for the period from 27 November 2024 to 30 November 2025
5
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
464 
Loans from directors
84,195 
84,659 
6
Transactions with related parties
At the balance sheet date, £84,195 was due to the director. The loan is unsecured, interest free and payable on demand.
7
Average number of employees
During the period the average number of employees was 0.
- 6 -