Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseNo description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC059312 2023-07-01 2024-06-30 SC059312 2022-07-01 2023-06-30 SC059312 2024-06-30 SC059312 2023-06-30 SC059312 c:CompanySecretary1 2023-07-01 2024-06-30 SC059312 c:Director1 2023-07-01 2024-06-30 SC059312 c:Director2 2023-07-01 2024-06-30 SC059312 c:Director3 2023-07-01 2024-06-30 SC059312 c:Director4 2023-07-01 2024-06-30 SC059312 c:RegisteredOffice 2023-07-01 2024-06-30 SC059312 d:PlantMachinery 2023-07-01 2024-06-30 SC059312 d:PlantMachinery 2024-06-30 SC059312 d:PlantMachinery 2023-06-30 SC059312 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC059312 d:FreeholdInvestmentProperty 2024-06-30 SC059312 d:FreeholdInvestmentProperty 2023-06-30 SC059312 d:CurrentFinancialInstruments 2024-06-30 SC059312 d:CurrentFinancialInstruments 2023-06-30 SC059312 d:Non-currentFinancialInstruments 2024-06-30 SC059312 d:Non-currentFinancialInstruments 2023-06-30 SC059312 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC059312 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC059312 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 SC059312 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 SC059312 d:ShareCapital 2024-06-30 SC059312 d:ShareCapital 2023-06-30 SC059312 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC059312 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC059312 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC059312 c:OrdinaryShareClass1 2024-06-30 SC059312 c:FRS102 2023-07-01 2024-06-30 SC059312 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC059312 c:FullAccounts 2023-07-01 2024-06-30 SC059312 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC059312 6 2023-07-01 2024-06-30 SC059312 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC059312










KKR LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
KKR LIMITED
 

COMPANY INFORMATION


Directors
J S Kilgour 
J G Russell 
I Russell 
G E Donald 




Company secretary
G E Donald



Registered number
SC059312



Registered office
Unit 1
Waverley Road

Mitchelston Industrial Estate

Kirkcaldy

Fife

KY1 3NH




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
KKR LIMITED
REGISTERED NUMBER:SC059312

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
5,073
6,673

Investments
 5 
1
1

Investment property
 6 
4,632,759
4,632,759

  
4,637,833
4,639,433

Current assets
  

Debtors: amounts falling due after more than one year
 7 
100,000
100,000

Debtors: amounts falling due within one year
 7 
156,939
116,163

Cash at bank and in hand
  
286,349
514,596

  
543,288
730,759

Creditors: amounts falling due within one year
 8 
(352,028)
(446,078)

Net current assets
  
 
 
191,260
 
 
284,681

Total assets less current liabilities
  
4,829,093
4,924,114

Creditors: amounts falling due after more than one year
 9 
(99,578)
(212,023)

  

Net assets
  
4,729,515
4,712,091


Capital and reserves
  

Called up share capital 
 10 
125,000
125,000

Profit and loss account
  
4,604,515
4,587,091

  
4,729,515
4,712,091


Page 1

 
KKR LIMITED
REGISTERED NUMBER:SC059312

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J S Kilgour
Director

Date: 22 October 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
KKR LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

KKR Limited is a private company, limited by shares and incorporated in Scotland; registration number SC059312. The address of the registered office is Unit 1 Waverley Road, Mitchelston Industrial Estate, Kirkcaldy, Fife, KY1 3NH. 
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Investment property

Investment property is carried at fair value determined annually by either the directors or external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss. If properties are determined by external valuers in any particular year, the Investment property note is updated accordingly.

Page 3

 
KKR LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 
KKR LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 July 2023
8,001



At 30 June 2024

8,001



Depreciation


At 1 July 2023
1,328


Charge for the year on owned assets
1,600



At 30 June 2024

2,928



Net book value



At 30 June 2024
5,073



At 30 June 2023
6,673


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
1



At 30 June 2024
1




Page 5

 
KKR LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Investment property


Investment property

£



Valuation


At 1 July 2023
4,632,759



At 30 June 2024
4,632,759

The 2019 valuations were made by Ryden, on an open market value for existing use basis.





7.


Debtors

2024
2023
£
£

Due after more than one year

Amounts owed by related party
100,000
100,000


2024
2023
£
£

Due within one year

Trade debtors
89,208
57,703

Other debtors
27,023
4,324

Prepayments and accrued income
40,708
54,136

156,939
116,163



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
100,235
88,025

Trade creditors
85,130
217,388

Other taxation and social security
73,100
49,797

Accruals and deferred income
93,563
90,868

352,028
446,078


The bank loan is secured by both a Bond and Floating Charge over the assets of the company and a Standard Security over specific property.

Page 6

 
KKR LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
99,578
212,023


The bank loan is secured by both a Bond and Floating Charge over the assets of the company and a Standard Security over specific property.


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



125,000 Ordinary shares of £1.00 each
125,000
125,000



Page 7