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REGISTERED NUMBER: SC266968 (Scotland)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

KCP ENVIRONMENTAL SERVICES LTD

KCP ENVIRONMENTAL SERVICES LTD (REGISTERED NUMBER: SC266968)






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


KCP ENVIRONMENTAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: K C Pring



REGISTERED OFFICE: Benston Smithy
Skares Road
Cumnock
KA18 4QA



REGISTERED NUMBER: SC266968 (Scotland)



ACCOUNTANTS: Robert J Hart & Company
Chartered Accountants
Arran House
15D Skye Road
Prestwick
Ayrshire
KA9 2TA



BANKERS: Clydesdale Bank PLC
30 The Square
Cumnock
Ayrshire
KA18 1AR

KCP ENVIRONMENTAL SERVICES LTD (REGISTERED NUMBER: SC266968)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 531,483 613,362

CURRENT ASSETS
Stocks 28,500 -
Debtors 5 219,965 316,125
Cash at bank 721,334 339,961
969,799 656,086
CREDITORS
Amounts falling due within one year 6 176,663 113,079
NET CURRENT ASSETS 793,136 543,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,324,619

1,156,369

CREDITORS
Amounts falling due after more than one
year

7

(13,334

)

(23,333

)

PROVISIONS FOR LIABILITIES 10 (102,942 ) (135,902 )
NET ASSETS 1,208,343 997,134

CAPITAL AND RESERVES
Called up share capital 5,500 5,500
Capital redemption reserve 5,500 5,500
Retained earnings 1,197,343 986,134
1,208,343 997,134

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.

KCP ENVIRONMENTAL SERVICES LTD (REGISTERED NUMBER: SC266968)

BALANCE SHEET - continued
30 APRIL 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 director and authorised for issue on 10 January 2025 and were signed by:





K C Pring - Director


KCP ENVIRONMENTAL SERVICES LTD (REGISTERED NUMBER: SC266968)

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

1. STATUTORY INFORMATION

KCP Environmental Services 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 - 25% on reducing balance and 15% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

KCP ENVIRONMENTAL SERVICES LTD (REGISTERED NUMBER: SC266968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 753,369 6,565 96,559 4,291 860,784
Additions 49,577 - 113,422 - 162,999
Disposals (110,850 ) (3,155 ) (70,792 ) (1,084 ) (185,881 )
At 30 April 2024 692,096 3,410 139,189 3,207 837,902
DEPRECIATION
At 1 May 2023 210,317 4,621 29,365 3,119 247,422
Charge for year 74,415 486 29,275 293 104,469
Eliminated on disposal (23,645 ) (2,104 ) (18,685 ) (1,038 ) (45,472 )
At 30 April 2024 261,087 3,003 39,955 2,374 306,419
NET BOOK VALUE
At 30 April 2024 431,009 407 99,234 833 531,483
At 30 April 2023 543,052 1,944 67,194 1,172 613,362

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 125,144 216,093
Other debtors 94,821 100,032
219,965 316,125

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 9,975 27,731
Taxation and social security 149,857 56,214
Other creditors 16,831 29,134
176,663 113,079

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 13,334 23,333

KCP ENVIRONMENTAL SERVICES LTD (REGISTERED NUMBER: SC266968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 12,000 12,000
Between one and five years 12,000 24,000
24,000 36,000

9. SECURED DEBTS

Hire purchase contracts are secured over the assets to which they relate to.

10. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 102,942 135,902

Deferred
tax
£   
Balance at 1 May 2023 135,902
Credit to Income Statement during year (32,960 )
Balance at 30 April 2024 102,942

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
K C Pring
Balance outstanding at start of year 25,411 -
Amounts advanced - 25,411
Amounts repaid (16,913 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,498 25,411

Interest of £647 has been charged at 2.25% on the director's loan account balance.

12. RELATED PARTY TRANSACTIONS

At the balance sheet date there was an amount due from a company with common director of £74,644 (2023 : £74,344). The balance is interest free and repayable on demand.