Company Registration No. SC611816 (Scotland)
KHC Services Limited
Unaudited accounts
for the year ended 31 October 2024
KHC Services Limited
Unaudited accounts
Contents
KHC Services Limited
Company Information
for the year ended 31 October 2024
Directors
K Craigon
A Cochrane
Company Number
SC611816 (Scotland)
Registered Office
18 Mosshead Road
Bearsden
Glasgow
G61 3HN
Accountants
Assenti & Noble Ltd
18 Mosshead Road
Bearsden
Glasgow
G61 3HN
KHC Services Limited
Statement of financial position
as at 31 October 2024
Tangible assets
51,980
34,307
Cash at bank and in hand
38,769
34,540
Creditors: amounts falling due within one year
(11,653)
(14,204)
Net current assets
56,813
53,520
Total assets less current liabilities
108,793
87,827
Creditors: amounts falling due after more than one year
(23,655)
-
Called up share capital
1
1
Profit and loss account
85,137
87,826
Shareholders' funds
85,138
87,827
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by
A Cochrane
Director
Company Registration No. SC611816
KHC Services Limited
Notes to the Accounts
for the year ended 31 October 2024
KHC Services Limited is a private company, limited by shares, registered in Scotland, registration number SC611816. The registered office is 18 Mosshead Road, Bearsden, Glasgow, G61 3HN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents invoiced fees to external customers, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Motor vehicles
At 31 October 2024
100,199
Charge for the year
12,995
KHC Services Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
11,968
11,968
Other debtors
17,729
21,216
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,037
-
Taxes and social security
4,924
1,633
Loans from directors
40
177
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,655
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).