Company registration number: SC529184
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
Kingdom Wall Coatings Ltd
Pages for filing with the Registrar
Kingdom Wall Coatings Ltd
Chartered Accountants’ Report to the Director for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kingdom Wall Coatings Ltd for the year ended 30 September 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants of Scotland (ICAS), we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of- accounts.
This report is made solely to the Director of Kingdom Wall Coatings Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Kingdom Wall Coatings Ltd and state those matters that we have agreed to state to them in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework- preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kingdom Wall Coatings Ltd and its Director for our work, or for this report.
It is your duty to ensure that Kingdom Wall Coatings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Kingdom Wall Coatings Ltd. You consider that Kingdom Wall Coatings Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kingdom Wall Coatings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Horizon Chartered Accountants
5 La Belle Place
Glasgow
Midlothian
G3 7LH
United Kingdom
Date: 19 October 2026
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Company registration number: SC529184
Kingdom Wall Coatings Ltd
Balance sheet
as at 30 September 2025
30 Sep 25 30 Sep 24
Note £ £ £ £
Fixed assets
Tangible assets 4 7,918 -
7,918 -
Current assets
Debtors 5 243,273 157,713
Cash at bank and in hand 282,250 223,745
525,523 381,458
Creditors: amounts falling due within one year
6 (489,196) (366,001)
Net current assets 36,327 15,457
Total assets less current liabilities 44,245 15,457
Creditors: Amounts falling due after more than one year
7 - (7,739)
NET ASSETS 44,245 7,718
Capital and reserves
Called up share capital 109 109
Profit and loss account 44,136 7,609
TOTAL EQUITY 44,245 7,718
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC529184
Kingdom Wall Coatings Ltd
Balance sheet - continued
as at 30 September 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr G McKenzie, Director
16 October 2026
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Kingdom Wall Coatings Ltd
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
Kingdom Wall Coatings Ltd is a private company registered in Scotland. Its registered number is SC529184. The company is limited by shares. Its registered office is Horizon Chartered Accountants, 5 La Belle Place, Glasgow, Lanarkshire, G3 7LH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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.:
Plant and Machinery - 25% straight line
Office Equipment - 25% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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Kingdom Wall Coatings Ltd
Notes to the financial statements - continued
for the year ended 30 September 2025
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 October 2024 5,179
Additions 9,092
At 30 September 2025 14,271
Depreciation
At 1 October 2024 5,179
Charge for year 1,174
At 30 September 2025 6,353
Net book value
At 30 September 2025 7,918
At 30 September 2024 -
5 Debtors
30 Sep 25 30 Sep 24
£ £
Other debtors 243,273 157,713
6 Creditors: amounts falling due within one year
30 Sep 25 30 Sep 24
£ £
Bank loans and overdrafts 64,930 10,599
Trade creditors 89,437 -
Other creditors 57,734 145,482
Taxation 43,192 25,667
VAT payable 233,903 184,253
489,196 366,001
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Kingdom Wall Coatings Ltd
Notes to the financial statements - continued
for the year ended 30 September 2025
7 Creditors: amounts falling due after more than one year
30 Sep 25 30 Sep 24
£ £
Bank loans - 7,739
8 Controlling party
The company is under the ultimate and immediate control of its parent company- The Kingdom Coatings Group (SC682040)- which is owned and controlled by the directors Gregor McKenzie, Truda McKenzie, Katie McKenzie, Christopher Donaldson, Alex Wingate and Scott Gardner. These directors, together with members of their families hold 100% (2024 100%) of the ordinary issued share capital of the parent company.



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