Company registration number: SC658337
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Carabas Investments Ltd
Pages for filing with the Registrar
Company registration number: SC658337
Carabas Investments Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Investments 4 73,385 73,385
Investment property 5 135,000 130,000
208,385 203,385
Current assets
Debtors 6 212 204
Cash at bank and in hand 7,451 4,667
7,663 4,871
Creditors: amounts falling due within one year
7 (1,696) (1,373)
Net current assets 5,967 3,498
Total assets less current liabilities 214,352 206,883
Creditors: Amounts falling due after more than one year
8 (116,645) (114,021)
Provisions for liabilities (6,232) (5,232)
NET ASSETS 91,475 87,630
Capital and reserves
Called up share capital 10,000 10,000
Other reserves 24,928 20,928
Profit and loss account 56,547 56,702
TOTAL EQUITY 91,475 87,630
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: SC658337
Carabas Investments Ltd
Balance sheet - continued
as at 31 March 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 28 August 2026 and signed on its behalf by:
Mrs K Cunningham, Director
28 August 2026
2
Carabas Investments Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Carabas Investments Ltd is a private company registered in Scotland. Its registered number is SC658337. The company is limited by shares. Its registered office is 223 Ayr Road, Newton Mearns, Glasgow, Lanarkshire, G77 6AH. Its principal place of business is 3 Lendal Cottages, Lendalfoot, Girvan, Ayrshire, KA26 0JP.
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 historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Instruments Issues” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company’s statement of financial position when the company becomes party to the contractual provisions of a financial instrument. Basic financial instruments, including trade and other receivables, cash and bank balances, trade and other payables, bank and other loans are initially measured at transaction price and subsequently carried at amortised cost. Financial assets and liabilities classified as receivable/payable within one year are not amortised. Investments in non-convertible preference and non-puttable ordinary shares are measured at cost less impairment in the first year and subsequently at fair value, with changes recognised in profit or loss.





3
Carabas Investments Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 4 (2025 - 4).
4 Fixed asset investments
Investments other than loans
Other investments other than loans


£
Cost
At 1 April 2025 73,385
At 31 March 2026 73,385
Net book value
At 31 March 2026 73,385
At 31 March 2025 73,385
4
Carabas Investments Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Investment property
£
Valuation
At 1 April 2025 130,000
Revaluations 5,000
At 31 March 2026 135,000
6 Debtors
2026 2025
£ £
Prepayments and accrued income 212 204
7 Creditors: amounts falling due within one year
2026 2025
£ £
Taxation 433 227
Accruals and deferred income 1,263 1,146
1,696 1,373
8 Creditors: amounts falling due after more than one year
2026 2025
£ £
Amounts owed to directors 116,645 114,021
The directors are owed £116,645 from the Company at 31st March 2026. This loan is non interest bearing and there are no fixed repayment terms.
9 Share Investment
The company owns a share investment in NGVP Cloud FIL SPV1 Ltd at a cost of £73,385.
10 Controlling party
Mr Daniel Cunningham, Miss Sarahjane Scobie, Mrs Kay Cunningham and Mr Daniel Cunningham Snr are the Company’s controlling parties.
5