Company No: 07255899 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Abridged Financial Statements

DIRECTORS	Donald James Inglis (Resigned 22 October 2025)
	Elizabeth Anne Inglis (Resigned 22 October 2025)
	Natasha Louise Morrell (Appointed 22 October 2025)
	Stephen Jonathan Morrell (Appointed 22 October 2025)

REGISTERED OFFICE	Wellington House
	Aviator Court
	York
	YO30 4UZ
	United Kingdom

COMPANY NUMBER

07255899 (England and Wales)

ACCOUNTANT	Morrell Middleton Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	31.01.2026		31.05.2025
		£		£
Fixed assets
Tangible assets	7	198,394		204,771
		198,394		204,771
Current assets
Stocks		10,000		0
Debtors		82,056		92,482
Cash at bank and in hand		5,223		29,085
		97,279		121,567
Creditors: amounts falling due within one year		( 85,137)		( 84,446)
Net current assets		12,142		37,121
Total assets less current liabilities		210,536		241,892
Creditors: amounts falling due after more than one year		( 12,193)		0
Net assets		198,343		241,892
Capital and reserves
Called-up share capital	8	200		200
Profit and loss account		198,143		241,692
Total shareholder's funds		198,343		241,892

For the financial period ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period 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 member of D Inglis Ltd has consented to the preparation of the abridged financial statements for the financial period ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements of D Inglis Ltd (registered number: 07255899) were approved and authorised for issue by the Board of Directors on 22 October 2026. They were signed on its behalf by:

Natasha Louise Morrell Director

1. Accounting policies

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

General information and basis of accounting

D Inglis Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wellington House, Aviator Court, York, YO30 4UZ, 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 £.

Reporting period length

Reporting period length

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Tangible assets

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	Period from 01.06.2025 to 31.01.2026		Year ended 31.05.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	3		7

4. Interest receivable and interest payable

	Period from 01.06.2025 to 31.01.2026		Year ended 31.05.2025
	£		£
Interest receivable and similar income	87		0
Interest payable and similar expenses	( 1,301)		( 4,055)
	(1,214)		(4,055)

5. Tax on (loss)/profit

	Period from 01.06.2025 to 31.01.2026		Year ended 31.05.2025
	£		£
Current tax on (loss)/profit
UK corporation tax	0		0
Total current tax	( 2,244)		2,178
Deferred tax
Origination and reversal of timing differences	( 6,746)		0
Effect of change in tax rates on opening liability	6,746		0
Total deferred tax	0		0
Total tax on (loss)/profit	( 2,244)		2,178

Tax reconciliation

The tax assessed for the period is lower than (2025: higher than) the standard rate of corporation tax in the UK:

	Period from 01.06.2025 to 31.01.2026		Year ended 31.05.2025
	£		£
(Loss)/profit before taxation	(38,793)		32,495
Tax on (loss)/profit at standard UK corporation tax rate of -% (2025: -%)	0		0
Effects of:
Non-deductible expenses	2,953		0
Effect of rate difference between CT & DT	6,746		0
Total tax charge for period/year	9,698		0

6. Dividends on equity shares

7. Tangible assets

	Total
	£
Cost
At 01 June 2025	228,907
At 31 January 2026	228,907
Accumulated depreciation
At 01 June 2025	24,136
Charge for the financial period	2,496
At 31 January 2026	30,513
Net book value
At 31 January 2026	198,394
At 31 May 2025	204,771

8. Called-up share capital

	31.01.2026		31.05.2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each (31.05.2025: nil shares)	100		0
100 A Ordinary shares of £ 1.00 each (31.05.2025: nil shares)	100		0
	200		0

9. Off Balance Sheet arrangements

10. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the Company since the financial period.

11. Ultimate controlling party

Parent Company:

Gravitax

Wellington House, York Yo30 4UZ