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REGISTERED NUMBER: SC478962 (Scotland)










Unaudited Financial Statements

for the Year Ended

30 June 2024

for

KIMBERLEY (SCOTLAND) LIMITED

KIMBERLEY (SCOTLAND) LIMITED (REGISTERED NUMBER: SC478962)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIMBERLEY (SCOTLAND) LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTOR: A Douglas





REGISTERED OFFICE: Baird Avenue Strutherhill Industrial Est
Carlisle Road
Larkhall
ML9 2PJ





REGISTERED NUMBER: SC478962 (Scotland)





ACCOUNTANTS: WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

KIMBERLEY (SCOTLAND) LIMITED (REGISTERED NUMBER: SC478962)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,783 3,710
Investments 5 1 1
Investment property 6 215,000 325,000
217,784 328,711

CURRENT ASSETS
Debtors 7 304,274 83,244
Cash at bank 64,820 353,015
369,094 436,259
CREDITORS
Amounts falling due within one year 8 (67,714 ) (377,261 )
NET CURRENT ASSETS 301,380 58,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,164

387,709

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 519,162 387,707
519,164 387,709

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

KIMBERLEY (SCOTLAND) LIMITED (REGISTERED NUMBER: SC478962)

Balance Sheet - continued
30 June 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 4 March 2025 and were signed by:





A Douglas - Director


KIMBERLEY (SCOTLAND) LIMITED (REGISTERED NUMBER: SC478962)

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

1. STATUTORY INFORMATION

Kimberley (Scotland) 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.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Basic financial instruments
Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

KIMBERLEY (SCOTLAND) LIMITED (REGISTERED NUMBER: SC478962)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 July 2023
and 30 June 2024 6,736
DEPRECIATION
At 1 July 2023 3,026
Charge for year 927
At 30 June 2024 3,953
NET BOOK VALUE
At 30 June 2024 2,783
At 30 June 2023 3,710

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 325,000
Additions 18,750
Disposals (128,750 )
At 30 June 2024 215,000
NET BOOK VALUE
At 30 June 2024 215,000
At 30 June 2023 325,000

KIMBERLEY (SCOTLAND) LIMITED (REGISTERED NUMBER: SC478962)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,197 1,167
Other debtors 290,077 82,077
304,274 83,244

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,893 32,802
Tax 4,400 22,776
Directors' current accounts 46,959 305,533
Accrued expenses 9,462 16,150
67,714 377,261