Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falsetrue1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.ABC2023-06-09falsetrue 14926785 2023-06-08 14926785 2023-06-09 2024-06-30 14926785 2022-07-01 2023-06-08 14926785 2024-06-30 14926785 c:Director1 2023-06-09 2024-06-30 14926785 d:CurrentFinancialInstruments 2024-06-30 14926785 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14926785 d:ShareCapital 2024-06-30 14926785 d:RetainedEarningsAccumulatedLosses 2024-06-30 14926785 c:OrdinaryShareClass1 2023-06-09 2024-06-30 14926785 c:OrdinaryShareClass1 2024-06-30 14926785 c:FRS102 2023-06-09 2024-06-30 14926785 c:AuditExempt-NoAccountantsReport 2023-06-09 2024-06-30 14926785 c:FullAccounts 2023-06-09 2024-06-30 14926785 c:PrivateLimitedCompanyLtd 2023-06-09 2024-06-30 14926785 6 2023-06-09 2024-06-30 14926785 e:PoundSterling 2023-06-09 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14926785









KINLOCHS AND SON GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
KINLOCHS AND SON GROUP LIMITED
REGISTERED NUMBER: 14926785

BALANCE SHEET
AS AT 30 JUNE 2024

2024
Note
£

Fixed assets
  

Investments
 4 
1,499,900

  
1,499,900

Current assets
  

Debtors: amounts falling due within one year
 5 
121

Cash at bank and in hand
 6 
620,000

  
620,121

Creditors: amounts falling due within one year
 7 
(620,000)

Net current assets
  
 
 
121

Total assets less current liabilities
  
1,500,021

  

Net assets
  
1,500,021


Capital and reserves
  

Called up share capital 
 8 
1,500,000

Profit and loss account
  
21

  
1,500,021


Page 1

 
KINLOCHS AND SON GROUP LIMITED
REGISTERED NUMBER: 14926785
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 comprehensive income 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: 




S P Kinloch
Director

Date: 16 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
KINLOCHS AND SON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Kinlochs and Son Group Limited is a private company incorporated in England and Wales and has its registered office at Unit 2 Cliffe Court George Summers Close, Medway City Estate, Rochester, United Kingdom, ME2 4GU.
The company was incorporated on 9 June 2023. The company's principal activity is that of a holding company.

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
KINLOCHS AND SON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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.


3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1,499,900



At 30 June 2024
1,499,900




Page 4

 
KINLOCHS AND SON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Debtors

2024
£


Other debtors
21

Called up share capital not paid
100

121



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
620,000

620,000



7.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to group undertakings
420,000

Other creditors
200,000

620,000



8.


Share capital

2024
£
Allotted, called up and fully paid


1,500,000 Ordinary shares of £1.00 each
1,500,000


On incorporation 100 ordinary £1 shares were issued at par. On 21 July 2024, a further 1,499,900 ordinary shares of £1 were issued at par.

Page 5

 
KINLOCHS AND SON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

9.


Related party transactions

As at 30 June 2024, included within other creditors due within one year is an amount of £420,000 (2023 - £Nil)  owed to Kinlochs and Son Limited, the subsidiary company.
Included in other creditors due within one year is an amout totaling £200,000 due to Kinlochs and Son Holdings Limited, a company under common control.
The director has an interest in dividends paid during the period of £89,000.

 
Page 6