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Registered number: SC218022






Ozone Kites Ltd


ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024





DIRECTORS
M J D Cavanagh
M Taggart



SECRETARY
M J D Cavanagh


REGISTERED OFFICE
16 Barnes Green
Livingston
West Lothian
EH54 8PP


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC218022



ACCOUNTANTS
Hodgson and Company
16 Barnes Green
Livingston
West Lothian
EH54 8PP


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024



CONTENTS



		Page







Balance Sheet		3

Notes To The Accounts		4


BALANCE SHEET AT 31 December 2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	3		581		775

CURRENT ASSETS
Debtors	4	84,210		165,044
Cash at bank and in hand		69,451		205,648
		153,661		370,692
CREDITORS: Amounts falling due within one year	5	117,496		186,263
NET CURRENT ASSETS			36,165		184,429
TOTAL ASSETS LESS CURRENT LIABILITIES			36,746		185,204


PROVISIONS FOR LIABILITIES AND CHARGES			260		260

NET ASSETS			36,486		184,944

CAPITAL AND RESERVES

Called up share capital			63		63
Share premium account			16,994		16,994
Capital redemption reserve	6		18		18
Other reserves	6		12,981		27,132
Profit and loss account			6,430		140,737
SHAREHOLDERS' FUNDS			36,486		184,944

For the year ending 31 December 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23 April 2025 and signed on their behalf by



.............................
M J D Cavanagh
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Motor Cars		reducing balance 25%




1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.




1c. Research And Development
Expenditure on research and development is written off in the year in which it is incurred.




1d. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating result.




3. TANGIBLE FIXED ASSETS


	Equipment	Motor Cars	Total
	£	£	£
Cost
At 1 January 2024	5,927	6,768	12,695
At 31 December 2024	5,927	6,768	12,695
Depreciation
At 1 January 2024	5,927	5,993	11,920
For the year	-	194	194
At 31 December 2024	5,927	6,187	12,114
Net Book Amounts
At 31 December 2024	-	581	581
At 31 December 2023	-	775	775




4. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	59,527	124,520
Ozone Gliders Limited	-	1,690
UK corporation tax	11,702	11,702
Other debtors	12,981	27,132
	84,210	165,044




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Corporation tax recoverable	23	23
VAT	55	10,408
Loans	1,110	1,110
Trade creditors	38,098	69,900
Other creditors	12,981	27,132
Accruals	65,229	77,690
	117,496	186,263




6. OTHER RESERVES	2024	2023
	£	£
Capital redemption reserve	18	18
Non-distributable reserves	12,981	27,132
	12,999	27,150




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	2	2