Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false No description of principal activity 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC564794 2024-04-01 2025-03-31 SC564794 2023-04-01 2024-03-31 SC564794 2025-03-31 SC564794 2024-03-31 SC564794 c:Director1 2024-04-01 2025-03-31 SC564794 c:Director2 2024-04-01 2025-03-31 SC564794 c:RegisteredOffice 2024-04-01 2025-03-31 SC564794 d:PlantMachinery 2024-04-01 2025-03-31 SC564794 d:PlantMachinery 2025-03-31 SC564794 d:PlantMachinery 2024-03-31 SC564794 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC564794 d:MotorVehicles 2024-04-01 2025-03-31 SC564794 d:MotorVehicles 2025-03-31 SC564794 d:MotorVehicles 2024-03-31 SC564794 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC564794 d:OfficeEquipment 2024-04-01 2025-03-31 SC564794 d:OfficeEquipment 2025-03-31 SC564794 d:OfficeEquipment 2024-03-31 SC564794 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC564794 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC564794 d:CurrentFinancialInstruments 2025-03-31 SC564794 d:CurrentFinancialInstruments 2024-03-31 SC564794 d:Non-currentFinancialInstruments 2025-03-31 SC564794 d:Non-currentFinancialInstruments 2024-03-31 SC564794 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 SC564794 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC564794 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 SC564794 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC564794 d:ShareCapital 2025-03-31 SC564794 d:ShareCapital 2024-03-31 SC564794 d:RetainedEarningsAccumulatedLosses 2025-03-31 SC564794 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC564794 c:FRS102 2024-04-01 2025-03-31 SC564794 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC564794 c:FullAccounts 2024-04-01 2025-03-31 SC564794 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC564794 2 2024-04-01 2025-03-31 SC564794 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: SC564794 KY GAS FIFE LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
KY GAS FIFE LIMITED COMPANY INFORMATION
Directors | Mr K Curry
| Ms K Marshall
Registered number | SC564794
Registered office | 31 Kinghorn Road
| Burntisland
| Fife
| KY3 9EA
Accountants | EQ Accountants Limited
| Chartered Accountants
| Pentland House
| Saltire Centre
| Glenrothes
| Fife
| KY6 2AH
KY GAS FIFE LIMITED REGISTERED NUMBER: SC564794 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,097 |  | 1,672
|  |  | 1,097 |  | 1,672
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 69,566 |  | 46,812 |
Cash at bank and in hand |  | 29 |  | 1 |
|  | 69,595 |  | 46,813 |
Creditors: Amounts Falling Due Within One Year | 6 | (44,971) |  | (33,747) |
Net current assets |  |  | 24,624 |  | 13,066
Total assets less current liabilities |  |  | 25,721 |  | 14,738
Creditors: amounts falling due after more than one year | 7 |  | (7,424) |  | (7,291)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (208) |  | (317) |
|  |  | (208) |  | (317)
Net assets |  |  | 18,089 |  | 7,130
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | - |  | -
Profit and loss account |  |  | 18,089 |  | 7,130
|  |  | 18,089 |  | 7,130
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KY GAS FIFE LIMITED REGISTERED NUMBER: SC564794 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 December 2025.
Mr K Curry
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
KY GAS FIFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
The company is limited by shares and incorporated in Scotland. The address of the registered office is 31 Kinghorn Road, Burntisland, KY3 9EA. The company's principal activity is that of gas servicing and repairs. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered a period of 12 months from the date of approval of the financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
KY GAS FIFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.6 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. Page 4
KY GAS FIFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 20% | Straight line
|  |  |  | Motor vehicles | - | 20% | Straight line
|  |  |  | Office equipment | - | 20% | Straight Line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.8 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| 2.9 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
KY GAS FIFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 994 | 11,394 | 2,280 | 14,668
| At 31 March 2025 | 994 | 11,394 | 2,280 | 14,668
| Depreciation |  |  |  |
| At 1 April 2024 | 638 | 11,394 | 964 | 12,996
| Charge for the year on owned assets | 119 | - | 456 | 575
| At 31 March 2025 | 757 | 11,394 | 1,420 | 13,571
| Net book value |  |  |  |
| At 31 March 2025 | 237 | - | 860 | 1,097
| At 31 March 2024 | 356 | - | 1,316 | 1,672
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KY GAS FIFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 69,566 | 46,812
| Included within other debtors due within one year is a loan to Mr K Curry, a director, amounting to £56,182 (2024 - £40,338).
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,444 | 2,444
| Trade creditors | 225 | 300
| Other taxation and social security | 41,843 | 28,603
| Accruals and deferred income | 459 | 2,400
|  | 44,971 | 33,747
| Bank loans due within one year of £2,444 (2024 - £2,444) are unsecured loans.
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 7,424 | 7,291
| Banks loans due after more than one year of £7,424 (2024 - £7,291) are unsecured loans.
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Authorised |  |
|  | 100 (2024 - 100) Ordinary Shares of £0.0001 each | 0.01 | 0.01
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