IRIS Accounts Production v24.3.2.46 SC606661 director 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6066612023-08-31SC6066612024-08-31SC6066612023-09-012024-08-31SC6066612022-08-31SC6066612022-09-012023-08-31SC6066612023-08-31SC606661ns15:Scotland2023-09-012024-08-31SC606661ns14:PoundSterling2023-09-012024-08-31SC606661ns10:Director12023-09-012024-08-31SC606661ns10:PrivateLimitedCompanyLtd2023-09-012024-08-31SC606661ns10:SmallEntities2023-09-012024-08-31SC606661ns10:AuditExemptWithAccountantsReport2023-09-012024-08-31SC606661ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-31SC606661ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-31SC606661ns10:FullAccounts2023-09-012024-08-31SC606661ns10:OrdinaryShareClass12023-09-012024-08-31SC606661ns10:RegisteredOffice2023-09-012024-08-31SC606661ns5:CurrentFinancialInstruments2024-08-31SC606661ns5:CurrentFinancialInstruments2023-08-31SC606661ns5:ShareCapital2024-08-31SC606661ns5:ShareCapital2023-08-31SC606661ns5:RetainedEarningsAccumulatedLosses2024-08-31SC606661ns5:RetainedEarningsAccumulatedLosses2023-08-31SC606661ns5:PlantMachinery2023-09-012024-08-31SC606661ns5:PlantMachinery2023-08-31SC606661ns5:PlantMachinery2024-08-31SC606661ns5:PlantMachinery2023-08-31SC606661ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-31SC606661ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31SC606661ns10:OrdinaryShareClass12024-08-31SC606661ns5:RetainedEarningsAccumulatedLosses2023-08-31SC606661ns5:RetainedEarningsAccumulatedLosses2023-09-012024-08-31
REGISTERED NUMBER: SC606661 (Scotland)















The Key Counselling Ltd

Financial Statements For The Year Ended 31 August 2024






The Key Counselling Ltd (Registered number: SC606661)






Contents of the Financial Statements
For The Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

The Key Counselling Ltd

Company Information
For The Year Ended 31 August 2024







DIRECTOR: Mrs E C Douglas





REGISTERED OFFICE: Unit 22a Wilson Business Park
Hillington Business Park
1 Queen Elizabeth Avenue
Glasgow
G52 4NQ





REGISTERED NUMBER: SC606661 (Scotland)





ACCOUNTANTS: The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB

The Key Counselling Ltd (Registered number: SC606661)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 857 1,072

CURRENT ASSETS
Debtors 5 337 130
Cash at bank - 206
337 336
CREDITORS
Amounts falling due within one year 6 1,162 1,312
NET CURRENT LIABILITIES (825 ) (976 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32

96

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 31 95
SHAREHOLDERS' FUNDS 32 96

The Key Counselling Ltd (Registered number: SC606661)

Balance Sheet - continued
31 August 2024


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

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

The director acknowledges her 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 29 January 2025 and were signed by:





Mrs E C Douglas - Director


The Key Counselling Ltd (Registered number: SC606661)

Notes to the Financial Statements
For The Year Ended 31 August 2024

1. STATUTORY INFORMATION

The Key Counselling 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.
Equipment - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

The Key Counselling Ltd (Registered number: SC606661)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 September 2023
and 31 August 2024 1,557
DEPRECIATION
At 1 September 2023 485
Charge for year 215
At 31 August 2024 700
NET BOOK VALUE
At 31 August 2024 857
At 31 August 2023 1,072

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 337 130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 231 -
Other creditors 931 1,312
1,162 1,312

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 September 2023 95
Profit for the year 286
Dividends (350 )
At 31 August 2024 31

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £350 were paid to the director .

The Key Counselling Ltd (Registered number: SC606661)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

9. RELATED PARTY DISCLOSURES - continued

Mrs E C Douglas
is a director of the company


Included in other debtors is a interest free directors loan. There are no repayment terms.

31.8.24 31.8.23
£    £   
Amount due from/(to) related party at the balance sheet date 337 (380 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs E C Douglas.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
The Key Counselling Ltd

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 The Key Counselling Ltd for the year ended 31 August 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 The Key Counselling Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Key Counselling Ltd and state those matters that we have agreed to state to the director of The Key Counselling Ltd 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 The Key Counselling Ltd and its director for our work or for this report.

It is your duty to ensure that The Key Counselling Ltd 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 The Key Counselling Ltd. You consider that The Key Counselling Ltd 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 The Key Counselling Ltd. 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.






The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB


29 January 2025