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REGISTERED NUMBER: 06863179 (England and Wales)















KIRKWALLACEALDERMAN LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2022






KIRKWALLACEALDERMAN LIMITED (REGISTERED NUMBER: 06863179)

Contents of the Financial Statements
for the year ended 31 March 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KIRKWALLACEALDERMAN LIMITED

Company Information
for the year ended 31 March 2022







Director: D Scott





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 06863179 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

KIRKWALLACEALDERMAN LIMITED (REGISTERED NUMBER: 06863179)

Balance Sheet
31 March 2022

2022 2021
Notes £ £ £ £
Fixed assets
Investments 4 91,738 91,738

Current assets
Debtors 5 321,019 318,682
Cash at bank 1,254 1,520
322,273 320,202
Creditors
Amounts falling due within one year 6 619,078 611,087
Net current liabilities (296,805 ) (290,885 )
Total assets less current liabilities (205,067 ) (199,147 )

Capital and reserves
Called up share capital 7 150,000 150,000
Retained earnings (355,067 ) (349,147 )
Shareholders' funds (205,067 ) (199,147 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2022 and were signed by:





D Scott - Director


KIRKWALLACEALDERMAN LIMITED (REGISTERED NUMBER: 06863179)

Notes to the Financial Statements
for the year ended 31 March 2022


1. Statutory information

Kirkwallacealderman Limited is a private company, limited by shares , registered in England and Wales. 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.

3. Employees and directors

The average number of employees during the year was NIL (2021 - NIL).

4. Fixed asset investments
Other
investments
£
Cost
At 1 April 2021
and 31 March 2022 91,738
Net book value
At 31 March 2022 91,738
At 31 March 2021 91,738

5. Debtors: amounts falling due within one year
2022 2021
£ £
Amounts owed by group undertakings 320,274 318,024
VAT 745 658
321,019 318,682

6. Creditors: amounts falling due within one year
2022 2021
£ £
Other loans 276,979 275,149
Trade creditors 540 3,732
Amounts owed to group undertakings 7,140 3,365
Directors' current accounts 331,894 326,340
Accruals and deferred income 2,525 2,501
619,078 611,087

7. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £ £
150,000 Ordinary share capital 1 150,000 150,000

KIRKWALLACEALDERMAN LIMITED (REGISTERED NUMBER: 06863179)

Notes to the Financial Statements - continued
for the year ended 31 March 2022


8. Related party disclosures

At the year end the company owed the director £331,894 (2021: £326,340) This amount is included in other creditors. The director has confirmed he will not seek repayment of this loan for at least twelve months from the date of approving the financial statements.

During the year the company loaned £2,250 (2021: £4,500) to Polymer Sciences Limited, a company in which D Scott is a director, to assist with research and development. At the year end £320,724 (2021: £318,024) was owed to the company. This amount is included in other debtors. At the year end £7,140 (2021: £3,365) was owed to Central Traders Limited, a company in which the director D Scott holds a controlling interest.