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Company Registration No. SC749232 (Scotland)
Island Welding Services Ltd Unaudited accounts for the year ended 30 November 2025
Island Welding Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Island Welding Services Ltd Company Information for the year ended 30 November 2025
Director
Iain MacLeod
Company Number
SC749232 (Scotland)
Registered Office
1b Broker Isle of Lewis Isle of Lewis HS2 0EZ Scotland
Accountants
Orry Consultancy Limited 11 Bonnyton Drive Eaglesham Glasgow G76 0LT
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Island Welding Services Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
170
227
Current assets
Cash at bank and in hand
15,458
27,508
Creditors: amounts falling due within one year
5
(3,525)
(10,434)
Net current assets
11,933
17,074
Net assets
12,103
17,301
Capital and reserves
Called up share capital
15
15
Profit and loss account
12,088
17,286
Shareholders' funds
12,103
17,301
For the year 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 24 August 2026 and were signed on its behalf by
Iain MacLeod Director Company Registration No. SC749232
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Island Welding Services Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Island Welding Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC749232. The registered office is 1b Broker, Isle of Lewis, Isle of Lewis, HS2 0EZ, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 December 2024
404
At 30 November 2025
404
Depreciation
At 1 December 2024
177
Charge for the year
57
At 30 November 2025
234
Net book value
At 30 November 2025
170
At 30 November 2024
227
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
6,687
Other creditors
176
376
Loans from directors
2,049
2,071
Accruals
1,300
1,300
3,525
10,434
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Island Welding Services Ltd Notes to the Accounts for the year ended 30 November 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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