1 September 2022 false No description of principal activity Taxfiler 2023.10 SC638893business:PrivateLimitedCompanyLtd2022-09-012023-08-31 SC6388932022-08-31 SC6388932022-09-012023-08-31 SC638893business:AuditExemptWithAccountantsReport2022-09-012023-08-31 SC638893business:FilletedAccounts2022-09-012023-08-31 SC6388932023-08-31 SC638893business:Director12022-09-012023-08-31 SC638893business:Director22022-09-012023-08-31 SC638893business:RegisteredOffice2022-09-012023-08-31 SC6388932022-08-31 SC638893core:WithinOneYear2023-08-31 SC638893core:WithinOneYear2022-08-31 SC638893core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC638893core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 SC638893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC638893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 SC638893core:PreviouslyStatedAmount2023-08-31 SC638893core:PreviouslyStatedAmount2022-08-31 SC638893business:SmallEntities2022-09-012023-08-31 SC638893countries:Scotland2022-09-012023-08-31 SC638893core:PlantMachinery2022-09-012023-08-31 SC638893core:MotorVehicles2022-09-012023-08-31 SC638893core:FurnitureFittings2022-09-012023-08-31 SC638893core:ComputerEquipment2022-09-012023-08-31 SC638893core:PlantMachinery2022-08-31 SC638893core:MotorVehicles2022-08-31 SC638893core:FurnitureFittings2022-08-31 SC638893core:ComputerEquipment2022-08-31 SC638893core:PlantMachinery2023-08-31 SC638893core:MotorVehicles2023-08-31 SC638893core:FurnitureFittings2023-08-31 SC638893core:ComputerEquipment2023-08-31 SC6388932021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC638893 (Scotland)
K Trees Limited Unaudited accounts for the year ended 31 August 2023
K Trees Limited Unaudited accounts Contents
Page
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K Trees Limited Company Information for the year ended 31 August 2023
Directors
Kenneth Turnbull Alisha Turnbull
Company Number
SC638893 (Scotland)
Registered Office
48 Castle Drive Lochyside Fort William INVERNESS-SHIRE PH33 7NS SCOTLAND
Accountants
Sarah Kennedy Nevis Accountancy Services Limited Office 6, An Drochaid, Claggan Road Claggan, Fort William Inverness-shire PH33 6PH
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of K Trees Limited for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of K Trees Limited for the year ended 31 August 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of K Trees Limited, as a body, in accordance with the terms of our engagement letter dated 22 January 2021. Our work has been undertaken solely to prepare for your approval the accounts of K Trees Limited and state those matters that we have agreed to state to the Board of Directors of K Trees Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K Trees Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that K Trees Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of K Trees Limited. You consider that K Trees Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of K Trees Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sarah Kennedy Chartered Certified Accountants Nevis Accountancy Services Limited Office 6, An Drochaid, Claggan Road Claggan, Fort William Inverness-shire PH33 6PH 28 September 2023
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K Trees Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,968 
28,322 
Current assets
Debtors
23,174 
9,240 
Cash at bank and in hand
6,943 
4,569 
30,117 
13,809 
Creditors: amounts falling due within one year
(57,130)
(31,689)
Net current liabilities
(27,013)
(17,880)
Net assets
14,955 
10,442 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
13,955 
9,442 
Shareholders' funds
14,955 
10,442 
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
Kenneth Turnbull Director Company Registration No. SC638893
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K Trees Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
K Trees Limited is a private company, limited by shares, registered in Scotland, registration number SC638893. The registered office is 48 Castle Drive, Lochyside, Fort William, INVERNESS-SHIRE, PH33 7NS, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years
Motor vehicles
5 years
Fixtures & fittings
5 years
Computer equipment
3 years
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2022
27,432 
23,800 
9,054 
416 
60,702 
Additions
6,695 
23,745 
- 
- 
30,440 
Disposals
- 
(8,800)
- 
- 
(8,800)
At 31 August 2023
34,127 
38,745 
9,054 
416 
82,342 
Depreciation
At 1 September 2022
10,932 
19,253 
2,058 
137 
32,380 
Charge for the year
5,550 
5,776 
1,811 
137 
13,274 
On disposals
- 
(5,280)
- 
- 
(5,280)
At 31 August 2023
16,482 
19,749 
3,869 
274 
40,374 
Net book value
At 31 August 2023
17,645 
18,996 
5,185 
142 
41,968 
At 31 August 2022
16,500 
4,547 
6,996 
279 
28,322 
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K Trees Limited Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,398 
4,360 
Accrued income and prepayments
12,276 
4,380 
Other debtors
500 
500 
23,174 
9,240 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,115 
9,268 
VAT
5,893 
2,058 
Trade creditors
634 
3,697 
Taxes and social security
1,591 
455 
Other creditors
39,438 
11,958 
Loans from directors
782 
2,745 
Accruals
1,677 
1,508 
57,130 
31,689 
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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