IRIS Accounts Production v23.4.0.336 SC619467 director 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6194672022-06-30SC6194672023-06-30SC6194672022-07-012023-06-30SC6194672021-06-30SC6194672021-07-012022-06-30SC6194672022-06-30SC619467ns15:Scotland2022-07-012023-06-30SC619467ns14:PoundSterling2022-07-012023-06-30SC619467ns10:Director12022-07-012023-06-30SC619467ns10:PrivateLimitedCompanyLtd2022-07-012023-06-30SC619467ns10:SmallEntities2022-07-012023-06-30SC619467ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-30SC619467ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-30SC619467ns10:FullAccounts2022-07-012023-06-30SC619467ns10:Director22022-07-012023-06-30SC619467ns10:RegisteredOffice2022-07-012023-06-30SC619467ns5:CurrentFinancialInstruments2023-06-30SC619467ns5:CurrentFinancialInstruments2022-06-30SC619467ns5:Non-currentFinancialInstruments2023-06-30SC619467ns5:Non-currentFinancialInstruments2022-06-30SC619467ns5:SharePremium2023-06-30SC619467ns5:SharePremium2022-06-30SC619467ns5:RetainedEarningsAccumulatedLosses2023-06-30SC619467ns5:RetainedEarningsAccumulatedLosses2022-06-30SC619467ns5:FurnitureFittings2022-07-012023-06-30SC619467ns5:MotorVehicles2022-07-012023-06-30SC619467ns5:FurnitureFittings2022-06-30SC619467ns5:MotorVehicles2022-06-30SC619467ns5:FurnitureFittings2023-06-30SC619467ns5:MotorVehicles2023-06-30SC619467ns5:FurnitureFittings2022-06-30SC619467ns5:MotorVehicles2022-06-30SC619467ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30SC619467ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: SC619467 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

KOTHEL GWR LIMITED

KOTHEL GWR LIMITED (REGISTERED NUMBER: SC619467)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KOTHEL GWR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mrs S Habibi- Avdiasi





REGISTERED OFFICE: 6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC619467 (Scotland)





ACCOUNTANTS: Cornerstone Glasgow Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

KOTHEL GWR LIMITED (REGISTERED NUMBER: SC619467)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,943 83,925

CURRENT ASSETS
Stocks 2,925 2,558
Debtors 5 61,374 55,006
Cash at bank 236 7,120
64,535 64,684
CREDITORS
Amounts falling due within one year 6 56,823 33,751
NET CURRENT ASSETS 7,712 30,933
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,655

114,858

CREDITORS
Amounts falling due after more than one
year

7

(19,167

)

(30,000

)

PROVISIONS FOR LIABILITIES (14,119 ) (15,946 )
NET ASSETS 46,369 68,912

RESERVES
Share premium 1 1
Retained earnings 46,368 68,911
46,369 68,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

KOTHEL GWR LIMITED (REGISTERED NUMBER: SC619467)

BALANCE SHEET - continued
30 JUNE 2023


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 March 2024 and were signed by:





E Avdiasi - Director


KOTHEL GWR LIMITED (REGISTERED NUMBER: SC619467)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Kothel GWR 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.
Fixtures and fittings - 20% on a reducing balance basis
Motor vehicles - 25% on a reducing balance basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 10 ) .

KOTHEL GWR LIMITED (REGISTERED NUMBER: SC619467)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 July 2022 95,911 20,833 116,744
Additions 6,737 - 6,737
At 30 June 2023 102,648 20,833 123,481
DEPRECIATION
At 1 July 2022 23,705 9,114 32,819
Charge for year 15,789 2,930 18,719
At 30 June 2023 39,494 12,044 51,538
NET BOOK VALUE
At 30 June 2023 63,154 8,789 71,943
At 30 June 2022 72,206 11,719 83,925

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 61,374 55,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 3,242 7,800
Taxation and social security 39,907 12,451
Other creditors 3,674 3,500
56,823 33,751

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,167 30,000