REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 6 April 2024 |
for |
Keir Developments Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 6 April 2024 |
for |
Keir Developments Limited |
Keir Developments Limited (Registered number: SC681854) |
Contents of the Financial Statements |
for the Year Ended 6 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Keir Developments Limited |
Company Information |
for the Year Ended 6 April 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accountants |
Glebefield House |
21 Links Terrace |
Peterhead |
Aberdeenshire |
AB42 2XA |
Keir Developments Limited (Registered number: SC681854) |
Balance Sheet |
6 April 2024 |
6.4.24 | 6.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Keir Developments Limited (Registered number: SC681854) |
Notes to the Financial Statements |
for the Year Ended 6 April 2024 |
1. | STATUTORY INFORMATION |
Keir Developments Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going concern |
At 6 April 2024 the company's liabilities exceeded its total assets. The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption is based upon the continued support of the shareholders. The liabilities include a loan owed to the directors which will not be repaid until the company is in a position to do so. |
Tangible fixed assets |
Plant and machinery | - |
Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period. |
Stocks |
Stocks, including land held for development and residential work in progress are stated at the lower of cost and selling price less costs to complete and sell. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Keir Developments Limited (Registered number: SC681854) |
Notes to the Financial Statements - continued |
for the Year Ended 6 April 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 7 April 2023 |
and 6 April 2024 |
DEPRECIATION |
At 7 April 2023 |
Charge for year |
At 6 April 2024 |
NET BOOK VALUE |
At 6 April 2024 |
At 6 April 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
6.4.24 | 6.4.23 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
6.4.24 | 6.4.23 |
£ | £ |
Other creditors |
7. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |