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Company Registration No. SC392509 (Scotland)
Kepstorn Solicitors Limited Unaudited accounts for the year ended 31 March 2024
Kepstorn Solicitors Limited Unaudited accounts Contents
Page
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Kepstorn Solicitors Limited Company Information for the year ended 31 March 2024
Director
C Jones
Company Number
SC392509 (Scotland)
Registered Office
Kepstorn Knockbuckle Road Kilmacolm Renfrewshire PA13 4JU
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Kepstorn Solicitors Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1 
1 
Current assets
Debtors
883,340 
574,176 
Cash at bank and in hand
616,832 
742,361 
1,500,172 
1,316,537 
Creditors: amounts falling due within one year
(406,757)
(358,455)
Net current assets
1,093,415 
958,082 
Net assets
1,093,416 
958,083 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,093,414 
958,081 
Shareholders' funds
1,093,416 
958,083 
For the year ending 31 March 2024 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 14 August 2024 and were signed on its behalf by
C Jones Director Company Registration No. SC392509
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Kepstorn Solicitors Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Kepstorn Solicitors Limited is a private company, limited by shares, registered in Scotland, registration number SC392509. The registered office is Kepstorn, Knockbuckle Road, Kilmacolm, Renfrewshire, PA13 4JU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
9,302 
At 31 March 2024
9,302 
Depreciation
At 1 April 2023
9,301 
At 31 March 2024
9,301 
Net book value
At 31 March 2024
1 
At 31 March 2023
1 
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Kepstorn Solicitors Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,246 
Trade debtors
60,383 
22,235 
Accrued income and prepayments
7,579 
6,545 
Other debtors
55,164 
54,793 
123,126 
84,819 
Amounts falling due after more than one year
Other debtors
760,214 
489,357 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,764 
- 
Taxes and social security
49,882 
24,063 
Other creditors
17,626 
3,155 
Loans from directors
329,985 
328,737 
Accruals
2,500 
2,500 
406,757 
358,455 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary A shares of £1 each
1 
1 
1 Ordinary B shares of £1 each
1 
1 
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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