ACCOUNTS - Final Accounts

Registered number: SC235647

K C CONTRACTS (SCOTLAND) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025


K C CONTRACTS (SCOTLAND) LIMITED

COMPANY INFORMATION

Director	Mr R W Sives


Company secretary	Mr C M Sives


Registered number	SC235647


Registered office	Pentland House
	Saltire Centre
	Glenrothes
	Fife
	KY6 2AH


Accountants	EQ Accountants Limited
	Chartered Accountants
	Pentland House
	Saltire Centre
	Glenrothes
	Fife
	KY6 2AH


K C CONTRACTS (SCOTLAND) LIMITED REGISTERED NUMBER:SC235647

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

		2025		2024
		£		£

Fixed assets
Tangible assets	4		187		250
			187		250
Current assets
Cash at bank and in hand		1,160		1,534
		1,160		1,534
Creditors: amounts falling due within one year	5	(224,131)		(21,368)
Net current liabilities			(222,971)		(19,834)
Total assets less current liabilities			(222,784)		(19,584)
Creditors: amounts falling due after more than one year			-		(200,000)

Net liabilities			(222,784)		(219,584)

Capital and reserves
Called up share capital	6	1,000	1,000
Profit and loss account		(223,784)	(220,584)
		(222,784)	(219,584)

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K C CONTRACTS (SCOTLAND) LIMITED REGISTERED NUMBER:SC235647

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 profit and loss account 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 R W Sives

Director

Date: 29 June 2026

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K C CONTRACTS (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

K C Contracts (Scotland) Limited is a private company limited by shares and incorporated in Scotland; registration number SC235647. The address of the registered office is Pentland House, Saltire Centre, Glenrothes, Fife, KY6 2AH. The address of the trading office is Kirknewton Station, Kirknewton, West Lothian, EH27 8DE.

The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis, despite the company having net liabilities of £222,784. The company is reliant upon the continued support of the director.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Freehold property	-	10% straight line
Plant and machinery	-	25% reducing balance
Computer equipment	-	33% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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K C CONTRACTS (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

	Freehold property	Plant and machinery	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 November 2024	10,000	71,200	233	81,433
At 31 October 2025	10,000	71,200	233	81,433
Depreciation
At 1 November 2024	10,000	70,950	233	81,183
Charge for the year on owned assets	-	63	-	63
At 31 October 2025	10,000	71,013	233	81,246
Net book value
At 31 October 2025	-	187	-	187
At 31 October 2024	-	250	-	250

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K C CONTRACTS (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	222,881	20,138
Accruals and deferred income	1,250	1,230
	224,131	21,368

6.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1,000 (2024 - 1,000) Ordinary shares of £1.00 each	1,000	1,000

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