1 October 2022 false No description of principal activity Taxfiler 2023.10 SC210062business:PrivateLimitedCompanyLtd2022-10-012023-09-30 SC2100622022-09-30 SC2100622022-10-012023-09-30 SC210062business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 SC210062business:FilletedAccounts2022-10-012023-09-30 SC2100622023-09-30 SC210062business:Director12022-10-012023-09-30 SC210062core:WithinOneYear2023-09-30 SC210062core:AfterOneYear2023-09-30 SC210062core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC210062core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC210062core:PreviouslyStatedAmount2023-09-30 SC210062business:SmallEntities2022-10-012023-09-30 SC210062countries:Scotland2022-10-012023-09-30 SC210062core:PlantMachinery2022-09-30 SC210062core:MotorVehicles2022-09-30 SC210062core:PlantMachinery2022-10-012023-09-30 SC210062core:MotorVehicles2022-10-012023-09-30 SC210062core:PlantMachinery2023-09-30 SC210062core:MotorVehicles2023-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC210062 (Scotland)
Kelvin Diesels Limited Audited accounts for the year ended 30 September 2023
Kelvin Diesels Limited Audited accounts Contents
Page
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Kelvin Diesels Limited Company Information for the year ended 30 September 2023
Director
Nicholas Marks
Company Number
SC210062 (Scotland)
Accountants
ACCOUNTANTS247 GLASGOW SOUTH 1 Main Street Clarkston Glasgow G76 8DS
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Kelvin Diesels Limited Statement of financial position as at 30 September 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
90,343 
Current assets
Inventories
818,921 
Debtors
542,884 
Cash at bank and in hand
183,142 
1,544,947 
Creditors: amounts falling due within one year
(585,249)
Net current assets
959,698 
Total assets less current liabilities
1,050,041 
Creditors: amounts falling due after more than one year
(1,064,467)
Net liabilities
(14,426)
Capital and reserves
Called up share capital
100 
Profit and loss account
(14,526)
Shareholders' funds
(14,426)
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 13 February 2024 and were signed on its behalf by
Nicholas Marks Director Company Registration No. SC210062
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Kelvin Diesels Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Kelvin Diesels Limited is a private company, limited by shares, registered in Scotland, registration number SC210062.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
- 
- 
- 
Additions
48,750 
41,593 
90,343 
At 30 September 2023
48,750 
41,593 
90,343 
Depreciation
At 30 September 2023
- 
- 
- 
Net book value
At 30 September 2023
48,750 
41,593 
90,343 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
545,893 
Amounts due from group undertakings etc.
(3,009)
542,884 
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Kelvin Diesels Limited Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
3,509 
VAT
(57,883)
Trade creditors
545,925 
Amounts owed to group undertakings and other participating interests
(30,805)
Taxes and social security
83,676 
Other creditors
40,827 
585,249 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Other creditors
1,064,467 
8
Average number of employees
During the year the average number of employees was 7.
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