Company Registration No. SC683803 (Scotland)
KR Properties Scotland Ltd
Unaudited accounts
for the year ended 31 December 2023
KR Properties Scotland Ltd
Unaudited accounts
Contents
KR Properties Scotland Ltd
Company Information
for the year ended 31 December 2023
Directors
Christopher Carroll
Natalie McFaite
Company Number
SC683803 (Scotland)
Registered Office
94 HOPE STREET
SUITE 2.11
GLASGOW
G2 6PH
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
KR Properties Scotland Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
337,500
337,500
Cash at bank and in hand
1,452
84,229
Creditors: amounts falling due within one year
(17,034)
(16,984)
Net current (liabilities)/assets
(15,582)
67,245
Total assets less current liabilities
321,918
404,745
Creditors: amounts falling due after more than one year
(326,168)
(414,961)
Net liabilities
(4,250)
(10,216)
Called up share capital
100
100
Profit and loss account
(4,350)
(10,316)
Shareholders' funds
(4,250)
(10,216)
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by
Christopher Carroll
Director
Company Registration No. SC683803
KR Properties Scotland Ltd
Notes to the Accounts
for the year ended 31 December 2023
KR Properties Scotland Ltd is a private company, limited by shares, registered in Scotland, registration number SC683803. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 31 December 2023
387,500
At 31 December 2023
50,000
At 31 December 2023
337,500
At 31 December 2022
337,500
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
15,284
15,284
Other creditors
1,750
1,700
KR Properties Scotland Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
313,332
313,332
Other creditors
12,836
30,678
Loans from directors
-
70,951
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).