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Registered number: SC707999










KY1 LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

 
KY1 LIMITED
 

COMPANY INFORMATION


Director
Mr A Bunting 




Registered number
SC707999



Registered office
116 Bonnygate

Cupar

Fife

KY15 4LF




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
KY1 LIMITED
REGISTERED NUMBER: SC707999

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2025

2025
2024
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
58
36,510

  
58
36,510

Creditors: amounts falling due within one year
 4 
(56)
(7,644)

Net current assets
  
 
 
2
 
 
28,866

Total assets less current liabilities
  
2
28,866

  

Net assets
  
2
28,866


Capital and reserves
  

Called up share capital 
 5 
1
1

Profit and loss account
  
1
28,865

  
2
28,866

For the year ended 31 August 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 Director acknowledges his 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 by: 




Mr A Bunting
Director

Date: 12 January 2026

Page 1

 
KY1 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

1.


General information

KY1 Limited is a private company, limited by shares and incorporated in Scotland, registration number SC707999. The registered office is 116 Bonnygate, Cupar, Scotland, KY15 4LF.

The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.
The company did not trade during the year.

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.

 
2.2

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.


Debtors

2025
2024
£
£


Other debtors
58
36,510

58
36,510


Included within other debtors is an amount of £2 (2024 - £29,766) due from the director. No interest or repayment terms have been agreed..


4.


Creditors: Amounts falling due within one year

2025
2024
£
£

Other taxation and social security
56
6,744

Accruals and deferred income
-
900

56
7,644


Page 2

 
KY1 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

5.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



1 (2024 - 1) Ordinary share of £1.00
1
1



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