KEYLAGO LIMITED

Company Registration Number:
SC097765 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

KEYLAGO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KEYLAGO LIMITED

Company Information

for the Period Ended 31 December 2023




Director: robert andrew wilson
Secretary: robert andrew wilson
Registered office: 7 Mill Wynd
Mill Wynd
Lundin Links
Leven
Fife
KY8 6DF
Company Registration Number: SC097765 (Scotland)

KEYLAGO LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

The companies principal activity was the manufacture of special purpose machinery

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
robert andrew wilson

Secretary
robert andrew wilson

This report was approved by the board of directors on 15 July 2024
And Signed On Behalf Of The Board By:

Name: robert andrew wilson
Status: Director

KEYLAGO LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) ( 1,335 ) ( 3,293 )
Operating Profit or (Loss) ( 1,335 ) ( 3,293 )
Profit or (Loss) Before Tax ( 1,335 ) ( 3,293 )
Profit or (Loss) for Period ( 1,335 ) ( 3,293 )

The notes form part of these financial statements

KEYLAGO LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 15,500 16,138
Total fixed assets: 15,500 16,138
Current assets
Cash at bank and in hand: 4,571 23
Total current assets: 4,571 23
Creditors: amounts falling due within one year: ( 56,550 ) ( 51,305 )
Net current assets (liabilities): ( 51,979 ) ( 51,282 )
Total assets less current liabilities: ( 36,479 ) ( 35,144 )
Total net assets (liabilities): ( 36,479 ) ( 35,144 )

The notes form part of these financial statements

KEYLAGO LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 3,000 3,000
Profit and loss account: ( 39,479 ) ( 38,144 )
Shareholders funds: ( 36,479 ) ( 35,144 )

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 July 2024
And Signed On Behalf Of The Board By:

Name: robert andrew wilson
Status: Director

The notes form part of these financial statements

KEYLAGO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KEYLAGO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

KEYLAGO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

KEYLAGO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 33,280
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2023 33,280
Depreciation
At 01 January 2023 17,142
Charge for year 638
On disposals (0)
Other adjustments 0
At 31 December 2023 17,780
Net book value
At 31 December 2023 15,500
At 31 December 2022 16,138