Company No: SC202143 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	48,535		48,535
		48,535		48,535
Current assets
Cash at bank and in hand		1		1
		1		1
Creditors: amounts falling due within one year	4	( 48,535)		( 48,535)
Net current liabilities		(48,534)		(48,534)
Total assets less current liabilities		1		1
Net assets		1		1
Capital and reserves
Called-up share capital	5	1		1
Total shareholder's funds		1		1

Isle of Mingay Limited (registered number: SC202143) did not trade during the current or preceding financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial year and therefore no Statement of Changes in Equity has been included. For the financial year ending 28 February 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Isle of Mingay Limited (registered number: SC202143) were approved and authorised for issue by the Board of Directors on 26 March 2026. They were signed on its behalf by:

Mr E C Bowcott Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Isle of Mingay Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Bdo Stoy Hayward 4 Atlantic Quay, 70 York Street, Glasgow, G2 8JX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Land and buildings

not depreciated

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 March 2025	48,535		48,535
At 28 February 2026	48,535		48,535
Accumulated depreciation
At 01 March 2025	0		0
At 28 February 2026	0		0
Net book value
At 28 February 2026	48,535		48,535
At 28 February 2025	48,535		48,535

4. Creditors: amounts falling due within one year

	2026		2025
	£		£
Other creditors	48,535		48,535

5. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

6. Related party transactions

Mr E C Bowcott
The company was under the control of Mr E C Bowcott throughout the current and previous year. Mr E C Bowcott is a director and shareholder in Stock Limited. At 28 February 2026 £48,535 (2025: £48,535) was owed to Stock Limited.