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REGISTERED NUMBER: SC656930 (Scotland)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

CK-Interiors Ltd

CK-Interiors Ltd (Registered number: SC656930)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CK-Interiors Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C MacRae
K MacRae





SECRETARY:





REGISTERED OFFICE: Unit 8B2
Balmakeith Business Park
NAIRN
IV12 5QR





REGISTERED NUMBER: SC656930 (Scotland)





ACCOUNTANTS: AMS Chartered Accountants
Unit 23
St James Avenue
EAST KILBRIDE
Lanarkshire
G74 5QD

CK-Interiors Ltd (Registered number: SC656930)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,625 43,510

CURRENT ASSETS
Stocks 73,214 51,952
Debtors 5 258,606 222,387
Cash at bank - 18,187
331,820 292,526
CREDITORS
Amounts falling due within one year 6 274,397 201,113
NET CURRENT ASSETS 57,423 91,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,048

134,923

CREDITORS
Amounts falling due after more than one
year

7

89,672

64,822
NET ASSETS 376 70,101

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 374 70,099
376 70,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

CK-Interiors Ltd (Registered number: SC656930)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by:





C MacRae - Director


CK-Interiors Ltd (Registered number: SC656930)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

CK-Interiors Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CK-Interiors Ltd (Registered number: SC656930)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 92,014
DEPRECIATION
At 1 April 2023 48,504
Charge for year 10,885
At 31 March 2024 59,389
NET BOOK VALUE
At 31 March 2024 32,625
At 31 March 2023 43,510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 187,056 169,016
Other debtors 71,550 53,371
258,606 222,387

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 28,497 -
Hire purchase contracts 13,139 14,452
Trade creditors 155,659 168,201
Taxation and social security 8,485 18,460
Other creditors 68,617 -
274,397 201,113

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 6,843 19,982
Other creditors 82,829 44,840
89,672 64,822