1 September 2023 false Taxfiler 2024.6 SC705885business:PrivateLimitedCompanyLtd2023-09-012024-08-31 SC7058852023-08-31 SC7058852023-09-012024-08-31 SC705885business:AuditExemptWithAccountantsReport2023-09-012024-08-31 SC705885business:FilletedAccounts2023-09-012024-08-31 SC7058852024-08-31 SC705885business:Director12023-09-012024-08-31 SC705885business:Director22023-09-012024-08-31 SC705885business:RegisteredOffice2023-09-012024-08-31 SC7058852023-08-31 SC705885core:WithinOneYear2024-08-31 SC705885core:WithinOneYear2023-08-31 SC705885core:AfterOneYear2024-08-31 SC705885core:AfterOneYear2023-08-31 SC705885core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC705885core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC705885core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC705885core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC705885core:PreviouslyStatedAmount2024-08-31 SC705885core:PreviouslyStatedAmount2023-08-31 SC705885business:SmallEntities2023-09-012024-08-31 SC705885countries:Scotland2023-09-012024-08-31 SC705885core:PlantMachinery2023-09-012024-08-31 SC705885core:MotorVehicles2023-09-012024-08-31 SC705885core:PlantMachinery2023-08-31 SC705885core:MotorVehicles2023-08-31 SC705885core:PlantMachinery2024-08-31 SC705885core:MotorVehicles2024-08-31 SC7058852022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC705885 (Scotland)
KAY ROOFING LTD Unaudited accounts for the year ended 31 August 2024
KAY ROOFING LTD Unaudited accounts Contents
Page
- 2 -
KAY ROOFING LTD Company Information for the year ended 31 August 2024
Directors
Gary Kay Sheryl Kay
Company Number
SC705885 (Scotland)
Registered Office
33 NEWMARKET STREET AYR KA7 1LL SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
- 3 -
KAY ROOFING LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
132,462 
118,077 
Current assets
Inventories
3,187 
2,656 
Debtors
32,268 
31,404 
Cash at bank and in hand
22,378 
28,922 
57,833 
62,982 
Creditors: amounts falling due within one year
(16,381)
(14,579)
Net current assets
41,452 
48,403 
Total assets less current liabilities
173,914 
166,480 
Creditors: amounts falling due after more than one year
(142,496)
(164,348)
Net assets
31,418 
2,132 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
31,318 
2,032 
Shareholders' funds
31,418 
2,132 
For the year ending 31 August 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 13 May 2025 and were signed on its behalf by
Gary Kay Director Company Registration No. SC705885
- 4 -
KAY ROOFING LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
KAY ROOFING LTD is a private company, limited by shares, registered in Scotland, registration number SC705885. The registered office is 33 NEWMARKET STREET, AYR, KA7 1LL, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
77,085 
64,532 
141,617 
Additions
38,000 
- 
38,000 
At 31 August 2024
115,085 
64,532 
179,617 
Depreciation
At 1 September 2023
6,155 
17,385 
23,540 
Charge for the year
14,186 
9,429 
23,615 
At 31 August 2024
20,341 
26,814 
47,155 
Net book value
At 31 August 2024
94,744 
37,718 
132,462 
At 31 August 2023
70,930 
47,147 
118,077 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,268 
31,404 
- 5 -
KAY ROOFING LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,444 
5,690 
Trade creditors
11,247 
4,785 
Taxes and social security
3,690 
4,104 
16,381 
14,579 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,395 
24,702 
Obligations under finance leases and hire purchase contracts
51,000 
51,000 
Loans from directors
69,101 
88,646 
142,496 
164,348 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -