Inchinnan Capital Investments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC742186 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Inchinnan Capital Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L J Reilly

A Reilly

REGISTERED OFFICE:

India of Inchinnan

Greenock Road

Renfrew

PA4 9LH

REGISTERED NUMBER:

SC742186 (Scotland)

ACCOUNTANTS:

WR Accountants

Bank Chambers

31 The Square

Cumnock

Ayrshire

KA18 1AT

FIXED ASSETS

Tangible assets

4

776,765

788,059

CURRENT ASSETS

Debtors

5

565,925

174,032

Cash at bank

289,062

400,000

854,987

574,032

CREDITORS

Amounts falling due within one year

6

236,087

290,807

NET CURRENT ASSETS

618,900

283,225

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,395,665

1,071,284

CREDITORS

Amounts falling due after more than one
year

7

1,602,151

1,290,400

NET LIABILITIES

(206,486

)

(219,116

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(206,487

)

(219,117

)

(206,486

)

(219,116

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

L J Reilly - Director

1.	STATUTORY INFORMATION

Inchinnan Capital Investments Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over it's estimated useful life as follows:

Asset

Basis

Annual Rate

Useful life

Land

Not depreciated

-

Heritable property

Straight line

2%

50 years

Plant and machinery

Straight line

10-33.33%

3-10 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2025

and 31 December 2025

814,701

DEPRECIATION

At 1 January 2025

26,642

Charge for year

11,294

At 31 December 2025

37,936

NET BOOK VALUE

At 31 December 2025

776,765

At 31 December 2024

788,059

Included in cost of land and buildings is freehold land of £ 250,000 (2024 - £ 250,000 ) which is not depreciated.

5.

DEBTORS

31.12.25

31.12.24

£

Amounts falling due within one year:

Trade debtors

138,958

21,477

Other debtors

25,467

2,555

164,425

24,032

Amounts falling due after more than one year:

Amounts owed by group undertakings

401,500

150,000

Aggregate amounts

565,925

174,032

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

2,997

164,092

Trade creditors

80,096

76,200

Taxation and social security

3,479

-

Other creditors

149,515

50,515

236,087

290,807

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Amounts owed to group undertakings

1,036,000

1,000,000

Amounts owed to associates

566,151

290,400

1,602,151

1,290,400

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Amounts due to A Reilly

£

At 31 December 2024 and 31 December 2025

5,100

Amounts due to L Reilly

At 31 December 2024

0

Introduced

93,700

At 31 December 2025

93,700

Amounts due to directors are repayable on demand. Interest is not charged on
amounts due.

9.	RELATED PARTY DISCLOSURES

The directors are content that all transactions with related parties has been conducted under normal market conditions. In preparation for additional disclosure requirements that will become effective from 1 January 2026, the company notes the following related parties have traded with the company in the year under review:

City Gate Construction (Scotland) Limited

City Gate Construction (Scotland) Limited is related to Inchinnan Capital Investments Ltd by virtue of common directors (Mr L Reilly and Mr A Reilly) . In the year under review building maintenance services were provided by City Gate Construction (Scotland) limited to Inchinnan Capital investments Ltd.

Globe Housing (Scotland) limited

Globe Housing (Scotland) Limited is related to Inchinnan Capital Investments Ltd by virtue of common directors (Mr L Reilly and Mr A Reilly), and by virtue of common controlling shareholder. in the year under review Globe Housing (Scotland ) Limited provided financial support to Inchinnan Capital Investments Ltd

Culross Cambuslang Limited

Culross Cambuslang Limited is a wholly owned subsidiary of Globe Housing (Scotland) Limited and is related to Inchinnan Capital Investments Ltd by virtue of common directors (Mr L Reilly and Mr A Reilly).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is L J Reilly.

The ultimate controlling party is L J Reilly.