REGISTERED NUMBER: SC668200 (Scotland)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

KY Building Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Milligan

Miss K E Thompson

SECRETARY:

Miss K E Thompson

REGISTERED OFFICE:

70 North Street

Annan

Dumfries & Galloway

DG12 5DQ

REGISTERED NUMBER:

SC668200 (Scotland)

ACCOUNTANTS:

CMCA Accounting

25A Buccleuch Street

Dumfries

Dumfries & Galloway

DG1 2AT

FIXED ASSETS

16,157

Tangible assets

4

37,757

CURRENT ASSETS

4,536

Debtors

5

3,465

14,307

Cash at bank

5,392

18,843

8,857

CREDITORS

8,822

Amounts falling due within one year

6

7,790

10,021

NET CURRENT ASSETS

1,067

26,178

TOTAL ASSETS LESS CURRENT LIABILITIES

38,824

CREDITORS

-

Amounts falling due after more than one year

7

(11,864

)

(3,070

)

PROVISIONS FOR LIABILITIES

(5,688

)

23,108

NET ASSETS

21,272

CAPITAL AND RESERVES

2

Called up share capital

2

23,106

Retained earnings

21,270

23,108

21,272

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by:

R A Milligan - Director

1.	STATUTORY INFORMATION

KY Building Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

15% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

22,575

Additions

28,377

At 31 July 2025

50,952

DEPRECIATION

At 1 August 2024

6,418

Charge for year

6,777

At 31 July 2025

13,195

NET BOOK VALUE

At 31 July 2025

37,757

At 31 July 2024

16,157

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

27,510

At 31 July 2025

27,510

DEPRECIATION

Charge for year

4,125

At 31 July 2025

4,125

NET BOOK VALUE

At 31 July 2025

23,385

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

1,468

4,536

Other debtors

1,997

-

3,465

4,536

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

6,190

-

Taxation and social security

140

2,366

Other creditors

1,460

6,456

7,790

8,822

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

11,864

-

8.	RELATED PARTY DISCLOSURES

At 31 July 2025 an amount of £859 (2024- £5,907) was owed to the company directors by way of a directors loan account. This sum is repayable on demand.

Dividends of £13,000 were paid to directors.