REGISTERED NUMBER: SC573864 (Scotland)

Financial Statements for the Year Ended 31 August 2025

for

KW1CK DELIVERIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G E Gunn

REGISTERED OFFICE:

41 Macrae Street

Wick

Caithness

KW1 5QW

REGISTERED NUMBER:

SC573864 (Scotland)

ACCOUNTANTS:

Reid & Fraser

Chartered Accountants

92 High Street

Wick

Caithness

KW1 4LY

BANKERS:

Bank of Scotland

18 Bridge Street

Wick

Caithness

KW1 4NG

FIXED ASSETS

Tangible assets

4

30,482

26,822

CURRENT ASSETS

Debtors

5

16,773

37,380

Cash at bank

5,505

-

22,278

37,380

CREDITORS

Amounts falling due within one year

6

(30,376

)

(46,603

)

NET CURRENT LIABILITIES

(8,098

)

(9,223

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,384

17,599

CREDITORS

Amounts falling due after more than one year

7

(49,507

)

(30,034

)

NET LIABILITIES

(27,123

)

(12,435

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(27,223

)

(12,535

)

SHAREHOLDERS' FUNDS

(27,123

)

(12,435

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 April 2026 and were signed by:

G E Gunn - Director

1.	STATUTORY INFORMATION

KW1CK DELIVERIES 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.

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

-

15% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

20% reducing balance

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

910

1,531

55,114

1,330

58,885

Additions

-

-

13,150

310

13,460

At 31 August 2025

910

1,531

68,264

1,640

72,345

DEPRECIATION

At 1 September 2024

168

829

30,317

749

32,063

Charge for year

30

105

9,487

178

9,800

At 31 August 2025

198

934

39,804

927

41,863

NET BOOK VALUE

At 31 August 2025

712

597

28,460

713

30,482

At 31 August 2024

742

702

24,797

581

26,822

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

Motor

vehicles

£

COST

At 1 September 2024

and 31 August 2025

44,119

DEPRECIATION

At 1 September 2024

and 31 August 2025

11,029

NET BOOK VALUE

At 31 August 2025

33,090

At 31 August 2024

33,090

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,618

3,888

Other debtors

13,155

33,492

16,773

37,380

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

5,697

Hire purchase contracts

12,994

12,994

Trade creditors

2,930

3,466

Taxation and social security

14,452

24,446

30,376

46,603

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

38,484

6,017

Hire purchase contracts

11,023

24,017

49,507

30,034

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

G E Gunn

Balance outstanding at start of year

33,482

26,198

Amounts advanced

-

7,284

Amounts repaid

(22,893

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,589

33,482