Company registration number SC556502 (Scotland)
KEIR & CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
KEIR & CO LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
64,785
71,800
Current assets
258,091
167,693
Creditors: amounts falling due within one year
(126,553)
(81,046)
Net current assets
131,538
86,647
Total assets less current liabilities
196,323
158,447
Creditors: amounts falling due after more than one year
(13,221)
(29,442)
Net assets
183,102
129,005
Capital and reserves
183,102
129,005
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year, the company advanced funds to the director to the sum of £117,012 (2023 - £101,353) and the director made repayments to the company to the sum of £104,000 (2023 - £126,538). Interest of £2,444 (2023 - £2,269) was charged on the loan during the year. At the balance sheet date, the director owed the company £118,593 (2023 - £103,137). The loan is repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
3
Keir & Co Ltd is a private company limited by shares incorporated in Scotland. The registered office is Muirhouses Farmhouse, Grange, Errol, Perth, United Kingdom, PH2 7TB.
For the year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
KEIR & CO LTD
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2024
28 February 2024
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 21 November 2024 and are signed on its behalf by:
Mr P K Doe
Director
Company registration number SC556502 (Scotland)