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Company Registration No. SC824890 (Scotland)
Kane Coal Glasgow Limited Unaudited accounts for the period from 4 October 2024 to 31 December 2025
Kane Coal Glasgow Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kane Coal Glasgow Limited Company Information for the period from 4 October 2024 to 31 December 2025
Directors
Lesley Kane Archie Kane
Company Number
SC824890 (Scotland)
Registered Office
Clyde Offices, Suite 2/3, 2nd Floor 48 West George Street Glasgow G2 1BP Scotland
Accountants
Callan Accountancy 21 - 23 Woodside Place Glasgow G3 7QL
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Kane Coal Glasgow Limited Statement of financial position as at 31 December 2025
2025
Notes
£
Fixed assets
Tangible assets
4
140,739
Current assets
Debtors
5
30,077
Cash at bank and in hand
31,093
61,170
Creditors: amounts falling due within one year
6
(178,668)
Net current liabilities
(117,498)
Net assets
23,241
Capital and reserves
Called up share capital
103
Profit and loss account
23,138
Shareholders' funds
23,241
For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by
Lesley Kane Director Company Registration No. SC824890
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Kane Coal Glasgow Limited Notes to the Accounts for the period from 4 October 2024 to 31 December 2025
1
Statutory information
Kane Coal Glasgow Limited is a private company, limited by shares, registered in Scotland, registration number SC824890. The registered office is Clyde Offices, Suite 2/3, 2nd Floor, 48 West George Street, Glasgow, G2 1BP, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 4 October 2024
-
-
-
-
Additions
39,217
179,282
601
219,100
Disposals
-
(59,238)
-
(59,238)
At 31 December 2025
39,217
120,044
601
159,862
Depreciation
Charge for the period
11,438
7,501
184
19,123
At 31 December 2025
11,438
7,501
184
19,123
Net book value
At 31 December 2025
27,779
112,543
417
140,739
5
Debtors
2025
£
Amounts falling due within one year
VAT
30,077
6
Creditors: amounts falling due within one year
2025
£
Trade creditors
60,399
Taxes and social security
(621)
Other creditors
1,400
Loans from directors
117,490
178,668
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Kane Coal Glasgow Limited Notes to the Accounts for the period from 4 October 2024 to 31 December 2025
7
Transactions with related parties
During the year to 31 December 2025, the company directors, have provided a company with an interest free loan of £117,490. There is no fixed terms of repayment.
8
Average number of employees
During the period the average number of employees was 7.
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