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REGISTERED NUMBER: SC365354 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

CKR Island Construction Ltd

CKR Island Construction Ltd (Registered number: SC365354)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CKR Island Construction Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: G McColl





REGISTERED OFFICE: 18 Pier View
Scaranish
Isle of Tiree
PA77 6AB





REGISTERED NUMBER: SC365354 (Scotland)





ACCOUNTANTS: Graham & Co. (Accountants) Limited
76 Dumbarton Road
Clydebank
Glasgow
G81 1UG

CKR Island Construction Ltd (Registered number: SC365354)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 620,130 300,625

CURRENT ASSETS
Stocks 208,000 28,000
Debtors 5 388,057 216,386
Cash at bank 59,186 -
655,243 244,386
CREDITORS
Amounts falling due within one year 6 719,844 307,814
NET CURRENT LIABILITIES (64,601 ) (63,428 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

555,529

237,197

CREDITORS
Amounts falling due after more than one
year

7

(196,662

)

(81,557

)

PROVISIONS FOR LIABILITIES (100,475 ) (57,119 )
NET ASSETS 258,392 98,521

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 258,292 98,421
SHAREHOLDERS' FUNDS 258,392 98,521

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

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

CKR Island Construction Ltd (Registered number: SC365354)

Balance Sheet - continued
30 November 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 26 August 2025 and were signed by:





G McColl - Director


CKR Island Construction Ltd (Registered number: SC365354)

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

1. STATUTORY INFORMATION

CKR Island Construction Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CKR Island Construction Ltd (Registered number: SC365354)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023 - 459,050 459,050
Additions 214,920 183,261 398,181
At 30 November 2024 214,920 642,311 857,231
DEPRECIATION
At 1 December 2023 - 158,425 158,425
Charge for year 4,298 74,378 78,676
At 30 November 2024 4,298 232,803 237,101
NET BOOK VALUE
At 30 November 2024 210,622 409,508 620,130
At 30 November 2023 - 300,625 300,625

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 202,970
DEPRECIATION
At 1 December 2023 34,014
Charge for year 33,791
At 30 November 2024 67,805
NET BOOK VALUE
At 30 November 2024 135,165
At 30 November 2023 168,956

CKR Island Construction Ltd (Registered number: SC365354)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 337,685 213,800
Other debtors 50,372 2,586
388,057 216,386

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 26,641 18,472
Hire purchase contracts 48,375 48,375
Trade creditors 311,434 242,978
Taxation and social security 117,230 (20,194 )
Other creditors 216,164 18,183
719,844 307,814

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 136,091 17,055
Hire purchase contracts 60,571 64,502
196,662 81,557

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 63,875 -