Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC185689 2023-07-01 2024-06-30 SC185689 2022-07-01 2023-06-30 SC185689 2024-06-30 SC185689 2023-06-30 SC185689 c:Director1 2023-07-01 2024-06-30 SC185689 c:Director2 2023-07-01 2024-06-30 SC185689 c:RegisteredOffice 2023-07-01 2024-06-30 SC185689 d:Buildings 2024-06-30 SC185689 d:Buildings 2023-06-30 SC185689 d:CurrentFinancialInstruments 2024-06-30 SC185689 d:CurrentFinancialInstruments 2023-06-30 SC185689 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC185689 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC185689 d:ShareCapital 2024-06-30 SC185689 d:ShareCapital 2023-06-30 SC185689 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC185689 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC185689 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC185689 c:OrdinaryShareClass1 2024-06-30 SC185689 c:OrdinaryShareClass1 2023-06-30 SC185689 c:FRS102 2023-07-01 2024-06-30 SC185689 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC185689 c:FullAccounts 2023-07-01 2024-06-30 SC185689 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC185689 6 2023-07-01 2024-06-30 SC185689 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC185689










KILMANY SCOTTISH PRODUCE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
KILMANY SCOTTISH PRODUCE LIMITED
 

COMPANY INFORMATION


Directors
Mr R E Whiteford 
Mrs S M Whiteford 




Registered number
SC185689



Registered office
Kilspindie
6 Mount Stewart Road

Wormit

Newport on Tay

DD6 8NH





 
KILMANY SCOTTISH PRODUCE LIMITED
REGISTERED NUMBER:SC185689

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
241,259
241,259

Investments
 5 
1,088
1,088

  
242,347
242,347

Current assets
  

Debtors: amounts falling due within one year
 6 
3,140
1,981

Cash at bank and in hand
  
4,923
45,304

  
8,063
47,285

Creditors: amounts falling due within one year
 7 
(167,068)
(145,071)

Net current liabilities
  
 
 
(159,005)
 
 
(97,786)

Total assets less current liabilities
  
83,342
144,561

  

Net assets
  
83,342
144,561


Capital and reserves
  

Called up share capital 
 8 
1,000
1,000

Profit and loss account
  
82,342
143,561

  
83,342
144,561


Page 1

 
KILMANY SCOTTISH PRODUCE LIMITED
REGISTERED NUMBER:SC185689

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

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 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 income and retained earnings 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 on 7 January 2025.




Mr R E Whiteford
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
KILMANY SCOTTISH PRODUCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Kilmany Scottish Produce Limited is a private company, limited by shares, incorporated in Scotland with registration number SC185689. The registered office is Kilspindie, 6 Mount Stewart Road, Wormit, Newport on Tay, DD6 8NH.
 

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

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:


The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

IInvestments in unlisted Company shares and other unlisted investments, 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 income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 3

 
KILMANY SCOTTISH PRODUCE LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

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 year was 2 (2023 - 2).


4.


Tangible fixed assets





Heritable property

£



Cost or valuation


At 1 July 2023
241,259



At 30 June 2024

241,259






Net book value



At 30 June 2024
241,259



At 30 June 2023
241,259

Page 4

 
KILMANY SCOTTISH PRODUCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 July 2023
1,088



At 30 June 2024
1,088





6.


Debtors

2024
2023
£
£


Trade debtors
-
1,520

Other debtors
3,140
461

3,140
1,981



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
-
368

Other creditors
165,068
142,803

Accruals and deferred income
2,000
1,900

167,068
145,071



8.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



1,000 (2023 - 1,000) ordinary shares of £1.00 each
1,000
1,000



Page 5