Company registration number SC556502 (Scotland)
KEIR & CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
KEIR & CO LTD
BALANCE SHEET
AS AT 28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
71,800
57,871
Current assets
167,693
236,267
Creditors: amounts falling due within one year
(81,046)
(63,404)
Net current assets
86,647
172,863
Total assets less current liabilities
158,447
230,734
Creditors: amounts falling due after more than one year
(29,442)
(45,495)
Net assets
129,005
185,239
Capital and reserves
129,005
185,239
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year, the company advanced funds to the director to the sum of £101,353 (2022 - £127,561) and the director made repayments to the company to the sum of £126,538 (2022 - £117,663). Interest of £2,269 (2022 - £2,398) was charged on the loan during the year. At the balance sheet date, the director owed the company £103,137 (2022 - £126,053). The loan is repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
3
3
Keir & Co Ltd is a private company limited by shares incorporated in Scotland. The registered office is Muirhouses Farmhouse, Grange, Errol, Perth, United Kingdom, PH2 7TB.
For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
KEIR & CO LTD
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023
28 February 2023
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 24 November 2023
Mr P K Doe
Director
Company Registration Number SC556502