2023-06-012024-05-312024-05-31falseSC566904SCHON KITCHENS LIMITED2024-09-0416230iso4217:GBPxbrli:pureSC5669042023-06-01SC5669042024-05-31SC5669042023-06-012024-05-31SC5669042022-06-01SC5669042023-05-31SC5669042022-06-012023-05-31SC566904bus:SmallEntities2023-06-012024-05-31SC566904bus:AuditExempt-NoAccountantsReport2023-06-012024-05-31SC566904bus:FullAccounts2023-06-012024-05-31SC566904bus:PrivateLimitedCompanyLtd2023-06-012024-05-31SC566904core:WithinOneYear2024-05-31SC566904core:AfterOneYear2024-05-31SC566904core:WithinOneYear2023-05-31SC566904core:AfterOneYear2023-05-31SC566904core:ShareCapital2024-05-31SC566904core:SharePremium2024-05-31SC566904core:RevaluationReserve2024-05-31SC566904core:OtherReservesSubtotal2024-05-31SC566904core:RetainedEarningsAccumulatedLosses2024-05-31SC566904core:ShareCapital2023-05-31SC566904core:SharePremium2023-05-31SC566904core:RevaluationReserve2023-05-31SC566904core:OtherReservesSubtotal2023-05-31SC566904core:RetainedEarningsAccumulatedLosses2023-05-31SC566904core:LandBuildings2024-05-31SC566904core:PlantMachinery2024-05-31SC566904core:Vehicles2024-05-31SC566904core:FurnitureFittings2024-05-31SC566904core:OfficeEquipment2024-05-31SC566904core:NetGoodwill2024-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2024-05-31SC566904core:ListedExchangeTraded2024-05-31SC566904core:UnlistedNon-exchangeTraded2024-05-31SC566904core:LandBuildings2023-05-31SC566904core:PlantMachinery2023-05-31SC566904core:Vehicles2023-05-31SC566904core:FurnitureFittings2023-05-31SC566904core:OfficeEquipment2023-05-31SC566904core:NetGoodwill2023-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2023-05-31SC566904core:ListedExchangeTraded2023-05-31SC566904core:UnlistedNon-exchangeTraded2023-05-31SC566904core:LandBuildings2023-06-012024-05-31SC566904core:PlantMachinery2023-06-012024-05-31SC566904core:Vehicles2023-06-012024-05-31SC566904core:FurnitureFittings2023-06-012024-05-31SC566904core:OfficeEquipment2023-06-012024-05-31SC566904core:NetGoodwill2023-06-012024-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-31SC566904core:ListedExchangeTraded2023-06-012024-05-31SC566904core:UnlistedNon-exchangeTraded2023-06-012024-05-31SC566904core:MoreThanFiveYears2023-06-012024-05-31SC566904core:Non-currentFinancialInstruments2024-05-31SC566904core:Non-currentFinancialInstruments2023-05-31SC566904dpl:CostSales2023-06-012024-05-31SC566904dpl:DistributionCosts2023-06-012024-05-31SC566904core:LandBuildings2023-06-012024-05-31SC566904core:PlantMachinery2023-06-012024-05-31SC566904core:Vehicles2023-06-012024-05-31SC566904core:FurnitureFittings2023-06-012024-05-31SC566904core:OfficeEquipment2023-06-012024-05-31SC566904dpl:AdministrativeExpenses2023-06-012024-05-31SC566904core:NetGoodwill2023-06-012024-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-31SC566904dpl:GroupUndertakings2023-06-012024-05-31SC566904dpl:ParticipatingInterests2023-06-012024-05-31SC566904dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-31SC566904core:ListedExchangeTraded2023-06-012024-05-31SC566904dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-31SC566904core:UnlistedNon-exchangeTraded2023-06-012024-05-31SC566904dpl:CostSales2022-06-012023-05-31SC566904dpl:DistributionCosts2022-06-012023-05-31SC566904core:LandBuildings2022-06-012023-05-31SC566904core:PlantMachinery2022-06-012023-05-31SC566904core:Vehicles2022-06-012023-05-31SC566904core:FurnitureFittings2022-06-012023-05-31SC566904core:OfficeEquipment2022-06-012023-05-31SC566904dpl:AdministrativeExpenses2022-06-012023-05-31SC566904core:NetGoodwill2022-06-012023-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-31SC566904dpl:GroupUndertakings2022-06-012023-05-31SC566904dpl:ParticipatingInterests2022-06-012023-05-31SC566904dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-31SC566904core:ListedExchangeTraded2022-06-012023-05-31SC566904dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-31SC566904core:UnlistedNon-exchangeTraded2022-06-012023-05-31SC566904core:NetGoodwill2024-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2024-05-31SC566904core:LandBuildings2024-05-31SC566904core:PlantMachinery2024-05-31SC566904core:Vehicles2024-05-31SC566904core:FurnitureFittings2024-05-31SC566904core:OfficeEquipment2024-05-31SC566904core:AfterOneYear2024-05-31SC566904core:WithinOneYear2024-05-31SC566904core:ListedExchangeTraded2024-05-31SC566904core:UnlistedNon-exchangeTraded2024-05-31SC566904core:ShareCapital2024-05-31SC566904core:SharePremium2024-05-31SC566904core:RevaluationReserve2024-05-31SC566904core:OtherReservesSubtotal2024-05-31SC566904core:RetainedEarningsAccumulatedLosses2024-05-31SC566904core:NetGoodwill2023-05-31SC566904core:IntangibleAssetsOtherThanGoodwill2023-05-31SC566904core:LandBuildings2023-05-31SC566904core:PlantMachinery2023-05-31SC566904core:Vehicles2023-05-31SC566904core:FurnitureFittings2023-05-31SC566904core:OfficeEquipment2023-05-31SC566904core:AfterOneYear2023-05-31SC566904core:WithinOneYear2023-05-31SC566904core:ListedExchangeTraded2023-05-31SC566904core:UnlistedNon-exchangeTraded2023-05-31SC566904core:ShareCapital2023-05-31SC566904core:SharePremium2023-05-31SC566904core:RevaluationReserve2023-05-31SC566904core:OtherReservesSubtotal2023-05-31SC566904core:RetainedEarningsAccumulatedLosses2023-05-31SC566904core:NetGoodwill2022-06-01SC566904core:IntangibleAssetsOtherThanGoodwill2022-06-01SC566904core:LandBuildings2022-06-01SC566904core:PlantMachinery2022-06-01SC566904core:Vehicles2022-06-01SC566904core:FurnitureFittings2022-06-01SC566904core:OfficeEquipment2022-06-01SC566904core:AfterOneYear2022-06-01SC566904core:WithinOneYear2022-06-01SC566904core:ListedExchangeTraded2022-06-01SC566904core:UnlistedNon-exchangeTraded2022-06-01SC566904core:ShareCapital2022-06-01SC566904core:SharePremium2022-06-01SC566904core:RevaluationReserve2022-06-01SC566904core:OtherReservesSubtotal2022-06-01SC566904core:RetainedEarningsAccumulatedLosses2022-06-01SC566904core:AfterOneYear2023-06-012024-05-31SC566904core:WithinOneYear2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-31SC566904core:Non-currentFinancialInstrumentscore:CostValuation2024-05-31SC566904core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-31SC566904core:Non-currentFinancialInstrumentscore:CostValuation2023-05-31SC566904core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-31SC566904core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-31SC566904bus:Director12023-06-012024-05-31SC566904bus:Director22023-06-012024-05-31

SCHON KITCHENS LIMITED

Registered Number
SC566904
(Scotland)

Unaudited Financial Statements for the Year ended
31 May 2024

SCHON KITCHENS LIMITED
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

Thomas Scott Carr
Steven Grant Tiernan

Registered Address

Unit 14 Strathore Business Park
Thornton
KY1 4EH

Registered Number

SC566904 (Scotland)
SCHON KITCHENS LIMITED
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets379,69583,546
79,69583,546
Current assets
Stocks10,00034,600
Debtors492,25056,121
Cash at bank and on hand127,79589,081
230,045179,802
Creditors amounts falling due within one year5(195,306)(151,729)
Net current assets (liabilities)34,73928,073
Total assets less current liabilities114,434111,619
Creditors amounts falling due after one year6(1,208)(7,263)
Provisions for liabilities(16,738)(15,874)
Net assets96,48888,482
Capital and reserves
Called up share capital21
Share premium19,999-
Profit and loss account76,48788,481
Shareholders' funds96,48888,482
The financial statements were approved and authorised for issue by the Board of Directors on 4 September 2024, and are signed on its behalf by:
Steven Grant Tiernan
Director
Thomas Scott Carr
Director

Registered Company No. SC566904
SCHON KITCHENS LIMITED
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Employee benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery2510
Vehicles25-
Office Equipment-3
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.Average number of employees

20242023
Average number of employees during the year66
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 June 23132,07228,6434,434165,149
Additions5,4755,5002,69513,670
At 31 May 24137,54734,1437,129178,819
Depreciation and impairment
At 01 June 2362,96616,3152,32281,603
Charge for year12,4314,0361,05417,521
At 31 May 2475,39720,3513,37699,124
Net book value
At 31 May 2462,15013,7923,75379,695
At 31 May 2369,10612,3282,11283,546
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables89,73053,430
Other debtors2,200398
Prepayments and accrued income3202,293
Total92,25056,121
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables7633,205
Taxation and social security49,29028,458
Finance lease and HP contracts6,05424,768
Other creditors2,7692,023
Accrued liabilities and deferred income136,43093,275
Total195,306151,729
6.Creditors: amounts due after one year

2024

2023

££
Other creditors1,2087,263
Total1,2087,263
7.Other commitments
The company has financial commitments of £4,026 in the next 12 months.