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REGISTERED NUMBER: SC208914 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Kilrymont Consulting Limited

Kilrymont Consulting Limited (Registered number: SC208914)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kilrymont Consulting Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: G Wilson





REGISTERED OFFICE: 5 Newbattle Terrace
Edinburgh
EH10 4RU





REGISTERED NUMBER: SC208914 (Scotland)





ACCOUNTANTS: My Accountant Friend
50 St. Marys Road
Hemel Hempstead
Hertfordshire
HP2 5HL

Kilrymont Consulting Limited (Registered number: SC208914)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,273 63,617
Investments 5 236,000 136,000
Investment property 6 408,844 408,844
698,117 608,461

CURRENT ASSETS
Debtors 7 9,504 -
Cash at bank 303,969 261,233
313,473 261,233
CREDITORS
Amounts falling due within one year 8 23,754 30,264
NET CURRENT ASSETS 289,719 230,969
TOTAL ASSETS LESS CURRENT
LIABILITIES

987,836

839,430

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 987,736 839,330
SHAREHOLDERS' FUNDS 987,836 839,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2023 and were signed by:



G Wilson - Director


Kilrymont Consulting Limited (Registered number: SC208914)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Kilrymont Consulting Limited 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 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 each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2022 - NIL).

Kilrymont Consulting Limited (Registered number: SC208914)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2022
and 31 July 2023 38,000 55,990 29,300 123,290
DEPRECIATION
At 1 August 2022 21,974 8,399 29,300 59,673
Charge for year 3,206 7,138 - 10,344
At 31 July 2023 25,180 15,537 29,300 70,017
NET BOOK VALUE
At 31 July 2023 12,820 40,453 - 53,273
At 31 July 2022 16,026 47,591 - 63,617

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2022 136,000
Additions 100,000
At 31 July 2023 236,000
NET BOOK VALUE
At 31 July 2023 236,000
At 31 July 2022 136,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 408,844
NET BOOK VALUE
At 31 July 2023 408,844
At 31 July 2022 408,844

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 9,504 -

Kilrymont Consulting Limited (Registered number: SC208914)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Tax 22,929 12,661
Social security and other taxes (267 ) (135 )
VAT 1,092 3,335
Directors' current accounts - 14,403
23,754 30,264