REGISTERED NUMBER: SC021161 (Scotland)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

KILMORE CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Roy Miller Clunie

Mrs Elizabeth W Clunie

SECRETARY:

Roy Miller Clunie

REGISTERED OFFICE:

Broombank

North Connel

Oban

Argyll

PA37 1RD

REGISTERED NUMBER:

SC021161 (Scotland)

ACCOUNTANTS:

Andy Newiss & Co Ltd

Broombank

North Connel

Oban

Argyll

PA37 1RD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

43

58

Investments

6

750

750

Investment property

7

350,000

350,000

350,793

350,808

CURRENT ASSETS

Debtors

8

7,253

6,062

Cash at bank

51,787

45,624

59,040

51,686

CREDITORS

Amounts falling due within one year

9

39,978

21,588

NET CURRENT ASSETS

19,062

30,098

TOTAL ASSETS LESS CURRENT LIABILITIES

369,855

380,906

PROVISIONS FOR LIABILITIES

(18,081

)

(18,085

)

ACCRUALS AND DEFERRED INCOME

(14,411

)

(15,015

)

NET ASSETS

337,363

347,806

CAPITAL AND RESERVES

Called up share capital

26,258

26,258

Revaluation reserve

10

153,407

153,407

Retained earnings

157,698

168,141

SHAREHOLDERS' FUNDS

337,363

347,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Roy Miller Clunie - Director

1.	STATUTORY INFORMATION

Kilmore Consulting 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 represents invoiced sales of consultancy services and property rental income.

Goodwill

The company acquired a business in 2010. The goodwill arising has now been amortised evenly over its estimated useful life which was 20 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Government grants

Government grants received for fixed assets are treated as deferred income and are released to the profit and loss account over the expected useful lives of the assets to which they relate. Revenue grants are released to the profit and loss account in the year of receipt.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 2 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

10,000

AMORTISATION

At 1 February 2025

and 31 January 2026

10,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 February 2025

and 31 January 2026

1,231

DEPRECIATION

At 1 February 2025

1,173

Charge for year

15

At 31 January 2026

1,188

NET BOOK VALUE

At 31 January 2026

43

At 31 January 2025

58

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

and 31 January 2026

750

NET BOOK VALUE

At 31 January 2026

750

At 31 January 2025

750

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

350,000

NET BOOK VALUE

At 31 January 2026

350,000

At 31 January 2025

350,000

The property was valued at £350,000 by Morham & Brotchie on 5 February 2021.

The Directors consider that they have sufficient knowledge to reach the decision that the fair value of the investment property remains as above.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,989

4,837

Other debtors

1,264

1,225

7,253

6,062

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

6,400

8,324

Other creditors

33,578

13,264

39,978

21,588

10.

RESERVES

Revaluation

reserve

£

At 1 February 2025

and 31 January 2026

153,407