Company Registration No. SC704892 (Scotland)
Kelbie Contracts Ltd
Unaudited accounts
for the year ended 31 July 2023
Kelbie Contracts Ltd
Unaudited accounts
Contents
Kelbie Contracts Ltd
Company Information
for the year ended 31 July 2023
Company Number
SC704892 (Scotland)
Registered Office
45 Auld Mart Road
Huntingtower
Perth
PH1 3HD
Accountants
Helen Hally CA
The Retreat
South Street
Burrelton
Perthshire
PH13 9PE
Kelbie Contracts Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
107,247
60,738
Cash at bank and in hand
36,988
4,420
Creditors: amounts falling due within one year
(50,561)
(35,294)
Net current assets
51,047
21,562
Total assets less current liabilities
158,294
82,300
Creditors: amounts falling due after more than one year
(63,637)
(43,696)
Called up share capital
100
100
Profit and loss account
94,557
38,504
Shareholders' funds
94,657
38,604
For the year ending 31 July 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 20 February 2024 and were signed on its behalf by
Rae Kelbie
Director
Company Registration No. SC704892
Kelbie Contracts Ltd
Notes to the Accounts
for the year ended 31 July 2023
Kelbie Contracts Ltd is a private company, limited by shares, registered in Scotland, registration number SC704892. The registered office is 45 Auld Mart Road, Huntingtower, Perth, PH1 3HD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
5,018
64,397
69,415
Additions
57,950
15,995
73,945
At 31 July 2023
62,968
80,392
143,360
At 1 August 2022
627
8,050
8,677
Charge for the year
9,351
18,085
27,436
At 31 July 2023
9,978
26,135
36,113
At 31 July 2023
52,990
54,257
107,247
At 31 July 2022
4,391
56,347
60,738
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
49,258
-
- Motor vehicles
40,424
58,585
Kelbie Contracts Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
15,202
17,333
Other debtors
49,418
35,103
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
26,103
14,889
Taxes and social security
9,276
8,889
Loans from directors
12,050
9,184
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
63,637
43,696
8
Average number of employees
During the year the average number of employees was 6 (2022: 4).