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REGISTERED NUMBER: SC522005 (Scotland)















KILCASH LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021






KILCASH LTD (REGISTERED NUMBER: SC522005)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KILCASH LTD

COMPANY INFORMATION
For The Year Ended 31 December 2021







DIRECTORS: J McGrory
E M H McLaughlin





REGISTERED OFFICE: 16 Royal Crescent
Glasgow
G3 7SL





REGISTERED NUMBER: SC522005 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

KILCASH LTD (REGISTERED NUMBER: SC522005)

BALANCE SHEET
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 104 511

CURRENT ASSETS
Debtors 5 3,968 28,352
Cash at bank 220,942 160,601
224,910 188,953
CREDITORS
Amounts falling due within one year 6 25,276 43,408
NET CURRENT ASSETS 199,634 145,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,738

146,056

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 199,638 145,956
SHAREHOLDERS' FUNDS 199,738 146,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 15 August 2022 and were signed on its behalf by:





J McGrory - Director


KILCASH LTD (REGISTERED NUMBER: SC522005)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2021


1. STATUTORY INFORMATION

Kilcash 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.

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 represents the value of services provided in the year, excluding value added tax.

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 its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 3,483
Additions 60
At 31 December 2021 3,543
DEPRECIATION
At 1 January 2021 2,972
Charge for year 467
At 31 December 2021 3,439
NET BOOK VALUE
At 31 December 2021 104
At 31 December 2020 511

KILCASH LTD (REGISTERED NUMBER: SC522005)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2021


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 3,600 27,984
Sundry debtors 368 368
3,968 28,352

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Directors' loan account 2,479 20,950
Taxation and social security 21,622 21,358
Other creditors 1,175 1,100
25,276 43,408

7. RELATED PARTY DISCLOSURES

At 31 December 2021 the company's directors had provided an interest free loan to the company of £2,479 (2020, £20,950). There are no fixed repayment terms for this loan.