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REGISTERED NUMBER: SC395414 (Scotland)















Unaudited Financial Statements for the Year Ended 30th June 2024

for

FKF Accounting Limited

FKF Accounting Limited (Registered number: SC395414)

Contents of the Financial Statements
for the year ended 30th June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FKF Accounting Limited

Company Information
for the year ended 30th June 2024







Directors: C J Gray
J Mackenzie
S A McMartin
V Miller
A McMaster





Registered office: 4th Floor
Metropolitan House
31-33 High Street
Inverness
IV1 1HT





Registered number: SC395414 (Scotland)






FKF Accounting Limited (Registered number: SC395414)

Balance Sheet
30th June 2024

2024 2023
Notes £    £   
Current assets
Stocks - 900
Debtors 4 342,540 765,653
Cash at bank 791,712 473,887
1,134,252 1,240,440
Creditors
Amounts falling due within one year 5 73,412 147,091
Net current assets 1,060,840 1,093,349
Total assets less current liabilities 1,060,840 1,093,349

Capital and reserves
Called up share capital 1,023 1,023
Share premium 1,497 1,497
Retained earnings 1,058,320 1,090,829
1,060,840 1,093,349

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th June 2025 and were signed on its behalf by:



C J Gray - Director


FKF Accounting Limited (Registered number: SC395414)

Notes to the Financial Statements
for the year ended 30th June 2024


1. Statutory information

FKF Accounting 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Fair value
Fair value is the amount for which an asset could be exchanged or a liability settled between knowledgeable, willing parties in an arm's length transaction.

FKF Accounting Limited (Registered number: SC395414)

Notes to the Financial Statements - continued
for the year ended 30th June 2024


3. Employees and directors

The average number of employees during the year was NIL (2023 - 7 ).

4. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 18,534 137,347
Other debtors 324,006 628,306
342,540 765,653

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Taxation and social security 43,832 95,070
Other creditors 29,580 52,021
73,412 147,091