IRIS Accounts Production v23.3.1.45 SC477462 director 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4774622022-05-31SC4774622023-05-31SC4774622022-06-012023-05-31SC4774622021-05-31SC4774622021-06-012022-05-31SC4774622022-05-31SC477462ns10:Originalns15:Scotland2022-06-012023-05-31SC477462ns14:PoundSterlingns10:Original2022-06-012023-05-31SC477462ns10:Originalns10:Director12022-06-012023-05-31SC477462ns10:Original2022-06-012023-05-31SC477462ns10:Original2023-05-31SC477462ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-31SC477462ns10:Originalns10:SmallEntities2022-06-012023-05-31SC477462ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-31SC477462ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-31SC477462ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-31SC477462ns10:Originalns10:FullAccounts2022-06-012023-05-31SC477462ns10:Originalns10:RegisteredOffice2022-06-012023-05-31SC477462ns10:Original2022-05-31SC477462ns10:Originalns5:CurrentFinancialInstruments2023-05-31SC477462ns10:Originalns5:CurrentFinancialInstruments2022-05-31SC477462ns5:ShareCapitalns10:Original2023-05-31SC477462ns5:ShareCapitalns10:Original2022-05-31SC477462ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-31SC477462ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-31SC477462ns10:Originalns5:PlantMachinery2022-06-012023-05-31SC477462ns10:Originalns5:MotorVehicles2022-06-012023-05-31SC477462ns10:Original2021-06-012022-05-31SC477462ns10:Originalns5:PlantMachinery2022-05-31SC477462ns10:Originalns5:MotorVehicles2022-05-31SC477462ns10:Original2022-05-31SC477462ns10:Originalns5:PlantMachinery2023-05-31SC477462ns10:Originalns5:MotorVehicles2023-05-31SC477462ns10:Originalns5:PlantMachinery2022-05-31SC477462ns10:Originalns5:MotorVehicles2022-05-31SC477462ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31SC477462ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: SC477462 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

KERLOCH ENGINEERING LIMITED

KERLOCH ENGINEERING LIMITED (REGISTERED NUMBER: SC477462)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KERLOCH ENGINEERING LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: I Robertson





REGISTERED OFFICE: 163 Countesswells Road
Aberdeen
AB15 7RA





REGISTERED NUMBER: SC477462 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

KERLOCH ENGINEERING LIMITED (REGISTERED NUMBER: SC477462)

Balance Sheet
31 MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,200 1,600

CURRENT ASSETS
Debtors 5 3,171 4,470
Cash at bank 50,641 70,782
53,812 75,252
CREDITORS
Amounts falling due within one year 6 1,823 6,735
NET CURRENT ASSETS 51,989 68,517
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,189

70,117

CAPITAL AND RESERVES
Called up share capital 15 15
Retained earnings 53,174 70,102
SHAREHOLDERS' FUNDS 53,189 70,117

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 20 February 2024 and were signed by:





I Robertson - Director


KERLOCH ENGINEERING LIMITED (REGISTERED NUMBER: SC477462)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Kerloch Engineering 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.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance

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 2 (2022 - 2 ) .

KERLOCH ENGINEERING LIMITED (REGISTERED NUMBER: SC477462)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 6,290 13,495 19,785
DEPRECIATION
At 1 June 2022 6,290 11,895 18,185
Charge for year - 400 400
At 31 May 2023 6,290 12,295 18,585
NET BOOK VALUE
At 31 May 2023 - 1,200 1,200
At 31 May 2022 - 1,600 1,600

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 1,480 4,470
Tax 1,691 -
3,171 4,470

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Tax - 2,719
Social security and other taxes 71 454
VAT 84 1,590
Directors' current accounts 468 92
Accrued expenses 1,200 1,880
1,823 6,735