IRIS Accounts Production v24.3.2.46 SC433131 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4331312023-09-30SC4331312024-09-30SC4331312023-10-012024-09-30SC4331312022-09-30SC4331312022-10-012023-09-30SC4331312023-09-30SC433131ns15:Scotland2023-10-012024-09-30SC433131ns14:PoundSterling2023-10-012024-09-30SC433131ns10:Director12023-10-012024-09-30SC433131ns10:PrivateLimitedCompanyLtd2023-10-012024-09-30SC433131ns10:SmallEntities2023-10-012024-09-30SC433131ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-30SC433131ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-30SC433131ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC433131ns10:FullAccounts2023-10-012024-09-30SC433131ns10:Director22023-10-012024-09-30SC433131ns10:RegisteredOffice2023-10-012024-09-30SC433131ns5:CurrentFinancialInstruments2024-09-30SC433131ns5:CurrentFinancialInstruments2023-09-30SC433131ns5:ShareCapital2024-09-30SC433131ns5:ShareCapital2023-09-30SC433131ns5:RetainedEarningsAccumulatedLosses2024-09-30SC433131ns5:RetainedEarningsAccumulatedLosses2023-09-30SC433131ns5:ComputerEquipment2023-10-012024-09-30SC433131ns5:PlantMachinery2023-09-30SC433131ns5:FurnitureFittings2023-09-30SC433131ns5:ComputerEquipment2023-09-30SC433131ns5:PlantMachinery2023-10-012024-09-30SC433131ns5:FurnitureFittings2023-10-012024-09-30SC433131ns5:PlantMachinery2024-09-30SC433131ns5:FurnitureFittings2024-09-30SC433131ns5:ComputerEquipment2024-09-30SC433131ns5:PlantMachinery2023-09-30SC433131ns5:FurnitureFittings2023-09-30SC433131ns5:ComputerEquipment2023-09-30SC433131ns5:CostValuation2023-09-30SC433131ns5:AdditionsToInvestments2024-09-30SC433131ns5:CostValuation2024-09-30SC433131ns5:DisposalsRepaymentsInvestments2024-09-30
REGISTERED NUMBER: SC433131 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

KXT LIMITED

KXT LIMITED (REGISTERED NUMBER: SC433131)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KXT LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: N B Deans
Mrs D A Deans





REGISTERED OFFICE: First Floor, 5 Abercrombie Court
Prospect Road, Arnhall Business Park
Westhill
Aberdeenshire
AB32 6FE





REGISTERED NUMBER: SC433131 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

KXT LIMITED (REGISTERED NUMBER: SC433131)

Balance Sheet
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,237 1,769
Investments 5 73,070 56,334
74,307 58,103

CURRENT ASSETS
Debtors 6 - 332
Cash at bank 63,140 71,668
63,140 72,000
CREDITORS
Amounts falling due within one year 7 27,151 13,969
NET CURRENT ASSETS 35,989 58,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,296

116,134

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 110,196 116,034
SHAREHOLDERS' FUNDS 110,296 116,134

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

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

The directors acknowledge their 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.

KXT LIMITED (REGISTERED NUMBER: SC433131)

Balance Sheet - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by:





N B Deans - Director


KXT LIMITED (REGISTERED NUMBER: SC433131)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

KXT 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.

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.
Computer equipment - 15% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

KXT LIMITED (REGISTERED NUMBER: SC433131)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 617 146 3,637 4,400
DEPRECIATION
At 1 October 2023 466 70 2,095 2,631
Charge for year 93 11 428 532
At 30 September 2024 559 81 2,523 3,163
NET BOOK VALUE
At 30 September 2024 58 65 1,114 1,237
At 30 September 2023 151 76 1,542 1,769

5. FIXED ASSET INVESTMENTS

30.9.24 30.9.23
£    £   
Other investments not loans 61,384 36,384
Other loans 11,686 19,950
73,070 56,334

Additional information is as follows:
Other
investments
£   
COST
At 1 October 2023 36,384
Additions 25,000
At 30 September 2024 61,384
NET BOOK VALUE
At 30 September 2024 61,384
At 30 September 2023 36,384

KXT LIMITED (REGISTERED NUMBER: SC433131)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. FIXED ASSET INVESTMENTS - continued
Other
loans
£   
At 1 October 2023 19,950
Repayment in year (8,264 )
At 30 September 2024 11,686

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
VAT - 332

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 48 45
Tax 22,185 11,563
Social security and other taxes 819 355
VAT 1,336 -
Directors' current accounts 2,763 2,006
27,151 13,969