REGISTERED NUMBER: SC635437 (Scotland)

Financial Statements

for the Period

1st August 2020 to 31st December 2021

for

Kamry Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

J W Souttar

REGISTERED OFFICE:

58 Long Lane

Broughty Ferry

Dundee

DD5 1HH

REGISTERED NUMBER:

SC635437 (Scotland)

ACCOUNTANTS:

AWH

Chartered Certified Accountants

Fort Street House

63 Fort Street

Broughty Ferry

Dundee

Angus

DD5 2AB

FIXED ASSETS

Tangible assets

4

33,541

-

Investment property

5

90,540

66,160

124,081

66,160

CURRENT ASSETS

Debtors

6

-

25,050

Cash at bank

3,444

25

3,444

25,075

CREDITORS

Amounts falling due within one year

7

94,112

67,577

NET CURRENT LIABILITIES

(90,668

)

(42,502

)

TOTAL ASSETS LESS CURRENT LIABILITIES

33,413

23,658

CREDITORS

Amounts falling due after more than one year

8

(17,500

)

(24,583

)

PROVISIONS FOR LIABILITIES

(4,632

)

-

NET ASSETS/(LIABILITIES)

11,281

(925

)

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserve

9

19,748

-

Retained earnings

(8,567

)

(1,025

)

11,281

(925

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2021 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.

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 20th July 2023 and were signed by:

K J Mackie - Director

J W Souttar - Director

1.	STATUTORY INFORMATION

Kamry 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 as modified by the revaluation of certain assets.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

to

property

£

COST

Additions

39,460

At 31st December 2021

39,460

DEPRECIATION

Charge for period

5,919

At 31st December 2021

5,919

NET BOOK VALUE

At 31st December 2021

33,541

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st August 2020

66,160

Revaluations

24,380

At 31st December 2021

90,540

NET BOOK VALUE

At 31st December 2021

90,540

At 31st July 2020

66,160

Fair value at 31st December 2021 is represented by:

£

Valuation in 2020

66,160

Valuation in 2021

24,380

90,540

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.7.20

£

£

Other debtors

-

25,050

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.7.20

£

£

Bank loans and overdrafts

5,000

417

Other creditors

89,112

67,160

94,112

67,577

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

31.7.20

£

£

Bank loans

17,500

24,583

9.

RESERVES

Non-distributable

reserve

£

Current year

19,748

At 31st December 2021

19,748

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kamry Limited for the period ended 31st December 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Kamry Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kamry Limited and state those matters that we have agreed to state to the director of Kamry Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Kamry Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kamry Limited. You consider that Kamry Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Kamry Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

AWH

Chartered Certified Accountants

Fort Street House

63 Fort Street

Broughty Ferry

Dundee

Angus

DD5 2AB

20th July 2023