REGISTERED NUMBER: SC348506 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st March 2025

for

Kitchener Cars (Coachworks) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R G Welsh

SECRETARY:

Mrs M Welsh

REGISTERED OFFICE:

8 Douglas Street

Hamiltlon

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC348506 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Intangible assets

4

2,300

3,400

Tangible assets

5

5,324

6,264

7,624

9,664

CURRENT ASSETS

Debtors

6

301

1,500

Cash at bank

104,931

73,497

105,232

74,997

CREDITORS

Amounts falling due within one year

7

(48,326

)

(40,115

)

NET CURRENT ASSETS

56,906

34,882

TOTAL ASSETS LESS CURRENT LIABILITIES

64,530

44,546

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

64,528

44,544

SHAREHOLDERS' FUNDS

64,530

44,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 16th December 2025 and were signed by:

R G Welsh - Director

1.	STATUTORY INFORMATION

Kitchener Cars (Coachworks) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

11,000

AMORTISATION

At 1st April 2024

7,600

Charge for year

1,100

At 31st March 2025

8,700

NET BOOK VALUE

At 31st March 2025

2,300

At 31st March 2024

3,400

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

18,258

DEPRECIATION

At 1st April 2024

11,994

Charge for year

940

At 31st March 2025

12,934

NET BOOK VALUE

At 31st March 2025

5,324

At 31st March 2024

6,264

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,500

Other debtors

301

-

301

1,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,020

(224

)

Taxation and social security

7,216

2,657

Other creditors

40,090

37,682

48,326

40,115