Kindrochet Limited - Filleted accounts

Registered number

SC351044

Kindrochet Limited

Filleted Accounts

30 November 2025

Kindrochet Limited
Registered number:		SC351044
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		807,277			811,593

Current assets
Stocks		11,000			11,000
Debtors	4	14,076			268
Cash at bank and in hand		75,660			59,345
		100,736			70,613

Creditors: amounts falling due within one year	5	(356,269)			(361,558)

Net current liabilities			(255,533)			(290,945)

Total assets less current liabilities			551,744			520,648

Creditors: amounts falling due after more than one year	6		(277,146)			(329,355)

Provisions for liabilities			(28,882)			(27,993)


Net assets			245,716			163,300

Capital and reserves
Called up share capital			100			100
Profit and loss account			245,616			163,200

Shareholders' funds			245,716			163,300

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Angus A Smith
Director
Approved by the board on 13 August 2026

Kindrochet Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods, livestock and from the rendering of restaurant services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of restaurant services is recognised at the point of sale.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Plant and machinery			25% on reducing balance
	Fixtures, fittings, tools and equipment			25% on reducing balance
	Motor Vehicles			25% on reducing balance


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					28		23


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	752,220		280,838		51,655		1,084,713
	Additions	13,131		40,209		-		53,340
	At 30 November 2025	765,351		321,047		51,655		1,138,053

	Depreciation
	At 1 December 2024	69,817		167,791		35,512		273,120
	Charge for the year	15,307		38,313		4,036		57,656
	At 30 November 2025	85,124		206,104		39,548		330,776

	Net book value
	At 30 November 2025	680,227		114,943		12,107		807,277
	At 30 November 2024	682,403		113,047		16,143		811,593


4	Debtors					2025		2024
£							£

	Trade debtors					13,808		-
	Other debtors					268		268
						14,076		268


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					91,255		83,996
	Trade creditors					30,143		32,962
	Taxation and social security costs					95,506		101,325
	Other creditors					139,365		143,275
						356,269		361,558


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					277,146		329,355


7	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					97,813		110,939


	Secured bank loans					252,192		272,610

	The Royal Bank of Scotland Plc hold a standard security over land at Kindrochet and a floating charge over all of the property and undertaking of the company.


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					-		190


9	Other information

	Kindrochet Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Kindrochet
	Strathaven
	South Lanarkshire
	ML10 6QP