KRAIGLAND_HOMES_LIMITED - Accounts


KRAIGLAND HOMES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Company registration number SC278160 (Scotland)
PAGES FOR FILING WITH REGISTRAR
KRAIGLAND HOMES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
100
100
Current assets
21,773
22,837
Creditors: amounts falling due within one year
(130,324)
(130,509)
Net current liabilities
(108,551)
(107,672)
Total assets less current liabilities
(108,451)
(107,572)
Net liabilities
(108,451)
(107,572)
Capital and reserves
(108,451)
(107,572)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2
2
Going concern

The company has net liabilities at 31 March 2024 of £108,451 (2023 - £107,572). The director has indicated his willingness to continue his financial support of the company and for this reason the going concern basis has been adopted in preparing the financial statements for the year to 31 March 2024.

3
Related party transactions

Include in "Creditors" is an amount owed to the company's director of £129,604 (2023 - £129,604) which does not bear interest and has no fixed repayment terms.

 

"Debtors" includes the sum of £21,026 owed to the company by its subsidiary (2023 - £21,879). This amount is repayable on demand and does not bear interest.

Kraigland Homes Limited is a private company limited by shares incorporated in Scotland. The registered office is 15 Miller Road, Ayr, Ayrshire, KA7 2AX.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

KRAIGLAND HOMES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 7 May 2024
..............................................
Mr Stephen Sutherland
Director
Company registration number SC278160 (Scotland)
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