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REGISTERED NUMBER: SC522005 (Scotland)















KILCASH LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






KILCASH LTD (REGISTERED NUMBER: SC522005)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KILCASH LTD

COMPANY INFORMATION
For The Year Ended 31 December 2023







DIRECTORS: J McGrory
E M H McLaughlin





REGISTERED OFFICE: 16 Royal Crescent
Glasgow
G3 7SL





REGISTERED NUMBER: SC522005 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

KILCASH LTD (REGISTERED NUMBER: SC522005)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 365 718

CURRENT ASSETS
Debtors 5 75,351 34,766
Cash at bank 199,440 210,445
274,791 245,211
CREDITORS
Amounts falling due within one year 6 25,393 20,222
NET CURRENT ASSETS 249,398 224,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,763

225,707

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 249,663 225,607
SHAREHOLDERS' FUNDS 249,763 225,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 August 2024 and were signed on its behalf by:





J McGrory - Director


KILCASH LTD (REGISTERED NUMBER: SC522005)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Kilcash Ltd 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 represents the value of services provided in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 4,421
DEPRECIATION
At 1 January 2023 3,703
Charge for year 353
At 31 December 2023 4,056
NET BOOK VALUE
At 31 December 2023 365
At 31 December 2022 718

KILCASH LTD (REGISTERED NUMBER: SC522005)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 14,232 9,360
Directors' loan account 44,901 18,720
Sundry debtors 1,064 368
Tax recoverable 15,154 6,318
75,351 34,766

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 24,077 18,899
Other creditors 1,316 1,323
25,393 20,222

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 December 2023 the company had provided loans of £44,901 (2022, £18,720) to the company's directors. Interest has been charged on these loans at the official rate of interest. There are no fixed repayment terms for these loans.