Company Registration No. SC619998 (Scotland)
KINGFISHER PCBS LTD
Unaudited accounts
for the year ended 29 February 2024
KINGFISHER PCBS LTD
Unaudited accounts
Contents
KINGFISHER PCBS LTD
Company Information
for the year ended 29 February 2024
Directors
Victor Alexander Sproat
Karen Sproat
Company Number
SC619998 (Scotland)
Registered Office
Prestwick Business Centre
Ladykirk Business Park, Skye Road
Prestwick
Ayrshire
KA9 2TA
Scotland
KINGFISHER PCBS LTD
Statement of financial position
as at 29 February 2024
Tangible assets
10,501
5,985
Cash at bank and in hand
392,544
110,274
Creditors: amounts falling due within one year
(430,858)
(212,064)
Net current assets
101,238
137,089
Total assets less current liabilities
111,739
143,074
Provisions for liabilities
Other provisions
(27,600)
-
Called up share capital
1
1
Profit and loss account
84,138
143,073
Shareholders' funds
84,139
143,074
For the year ending 29 February 2024 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 26 November 2024 and were signed on its behalf by
Victor Alexander Sproat
Director
Company Registration No. SC619998
KINGFISHER PCBS LTD
Notes to the Accounts
for the year ended 29 February 2024
KINGFISHER PCBS LTD is a private company, limited by shares, registered in Scotland, registration number SC619998. The registered office is Prestwick Business Centre, Ladykirk Business Park, Skye Road, Prestwick, Ayrshire, KA9 2TA, 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:
Land & buildings
20% Straight Line
Plant & machinery
20% Straight LIne
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
2,354
-
2,206
4,540
9,100
Additions
-
4,017
-
3,902
7,919
At 29 February 2024
2,354
4,017
2,206
8,442
17,019
At 1 March 2023
471
-
441
2,203
3,115
Charge for the year
471
803
441
1,688
3,403
At 29 February 2024
942
803
882
3,891
6,518
At 29 February 2024
1,412
3,214
1,324
4,551
10,501
At 28 February 2023
1,883
-
1,765
2,337
5,985
KINGFISHER PCBS LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
139,552
238,879
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
68,309
48,322
Taxes and social security
665
12,549
Loans from directors
94,825
59,825
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).