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REGISTERED NUMBER: SC215011 (Scotland)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Kaldis Company Limited

Kaldis Company Limited (Registered number: SC215011)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Kaldis Company Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: J Wiggins





REGISTERED OFFICE: 50 Edinburgh Road
Baillieston
Glasgow
G69 6DN





REGISTERED NUMBER: SC215011 (Scotland)





ACCOUNTANTS: SYKAM & Co
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE

Kaldis Company Limited (Registered number: SC215011)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 587,427

CURRENT ASSETS
Stocks - 3,750
Debtors 5 140,020 19,157
Cash at bank and in hand 256,559 30,722
396,579 53,629
CREDITORS
Amounts falling due within one year 6 88,657 350,696
NET CURRENT ASSETS/(LIABILITIES) 307,922 (297,067 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,922

290,360

CREDITORS
Amounts falling due after more than
one year

7

(29,927

)

(40,488

)

PROVISIONS FOR LIABILITIES - (38,187 )
NET ASSETS 277,995 211,685

Kaldis Company Limited (Registered number: SC215011)

Balance Sheet - continued
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 8 - 155,768
Retained earnings 277,993 55,915
277,995 211,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 19 December 2024 and were signed by:





J Wiggins - Director


Kaldis Company Limited (Registered number: SC215011)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Kaldis Company Limited 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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% On cost or revaluation
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance, 25% on cost, 20% on reducing balance and 2% On cost or revaluation

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

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.


Kaldis Company Limited (Registered number: SC215011)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 6 ).

Kaldis Company Limited (Registered number: SC215011)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 650,000 227,816 877,816
Disposals (650,000 ) (211,266 ) (861,266 )
At 30 April 2024 - 16,550 16,550
DEPRECIATION
At 1 May 2023 88,768 201,621 290,389
Eliminated on disposal (88,768 ) (185,071 ) (273,839 )
At 30 April 2024 - 16,550 16,550
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 561,232 26,195 587,427

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023 25,993
Disposals (9,443 )
At 30 April 2024 16,550
DEPRECIATION
At 1 May 2023 25,048
Eliminated on disposal (8,498 )
At 30 April 2024 16,550
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 945

Kaldis Company Limited (Registered number: SC215011)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 19,017
Other debtors 140,020 140
140,020 19,157

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 3,953 159,296
Trade creditors 11,343 16,635
Taxation and social security 37,193 35,387
Other creditors 36,168 139,378
88,657 350,696

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 29,927 34,761
Other creditors - 5,727
29,927 40,488

8. RESERVES
Revaluation
reserve
£   
At 1 May 2023 155,768
Retained earnings adjustment (155,768 )

At 30 April 2024 -

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Kaldis Company Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kaldis Company Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Kaldis Company Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kaldis Company Limited and state those matters that we have agreed to state to the director of Kaldis Company Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kaldis Company Limited and its director for our work or for this report.

It is your duty to ensure that Kaldis Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kaldis Company Limited. You consider that Kaldis Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kaldis Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






SYKAM & Co
19 Greek Thomson Road
Balfron
Glasgow
G63 0RE


19 December 2024