2022-12-012023-11-302023-11-30falseSC578630KEEP CALM MEDIA AND ENTERTAINMENT LIMITED2024-11-29iso4217:GBPxbrli:pureSC5786302022-12-01SC5786302023-11-30SC5786302022-12-012023-11-30SC5786302021-12-01SC5786302022-11-30SC5786302021-12-012022-11-30SC578630bus:SmallEntities2022-12-012023-11-30SC578630bus:AuditExempt-NoAccountantsReport2022-12-012023-11-30SC578630bus:AbridgedAccounts2022-12-012023-11-30SC578630bus:PrivateLimitedCompanyLtd2022-12-012023-11-30SC578630core:WithinOneYear2023-11-30SC578630core:AfterOneYear2023-11-30SC578630core:WithinOneYear2022-11-30SC578630core:AfterOneYear2022-11-30SC578630core:ShareCapital2023-11-30SC578630core:SharePremium2023-11-30SC578630core:RevaluationReserve2023-11-30SC578630core:OtherReservesSubtotal2023-11-30SC578630core:RetainedEarningsAccumulatedLosses2023-11-30SC578630core:ShareCapital2022-11-30SC578630core:SharePremium2022-11-30SC578630core:RevaluationReserve2022-11-30SC578630core:OtherReservesSubtotal2022-11-30SC578630core:RetainedEarningsAccumulatedLosses2022-11-30SC578630core:LandBuildings2023-11-30SC578630core:PlantMachinery2023-11-30SC578630core:Vehicles2023-11-30SC578630core:FurnitureFittings2023-11-30SC578630core:OfficeEquipment2023-11-30SC578630core:NetGoodwill2023-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2023-11-30SC578630core:ListedExchangeTraded2023-11-30SC578630core:UnlistedNon-exchangeTraded2023-11-30SC578630core:LandBuildings2022-11-30SC578630core:PlantMachinery2022-11-30SC578630core:Vehicles2022-11-30SC578630core:FurnitureFittings2022-11-30SC578630core:OfficeEquipment2022-11-30SC578630core:NetGoodwill2022-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2022-11-30SC578630core:ListedExchangeTraded2022-11-30SC578630core:UnlistedNon-exchangeTraded2022-11-30SC578630core:LandBuildings2022-12-012023-11-30SC578630core:PlantMachinery2022-12-012023-11-30SC578630core:Vehicles2022-12-012023-11-30SC578630core:FurnitureFittings2022-12-012023-11-30SC578630core:OfficeEquipment2022-12-012023-11-30SC578630core:NetGoodwill2022-12-012023-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30SC578630core:ListedExchangeTraded2022-12-012023-11-30SC578630core:UnlistedNon-exchangeTraded2022-12-012023-11-30SC578630core:MoreThanFiveYears2022-12-012023-11-30SC578630core:Non-currentFinancialInstruments2023-11-30SC578630core:Non-currentFinancialInstruments2022-11-30SC578630dpl:CostSales2022-12-012023-11-30SC578630dpl:DistributionCosts2022-12-012023-11-30SC578630core:LandBuildings2022-12-012023-11-30SC578630core:PlantMachinery2022-12-012023-11-30SC578630core:Vehicles2022-12-012023-11-30SC578630core:FurnitureFittings2022-12-012023-11-30SC578630core:OfficeEquipment2022-12-012023-11-30SC578630dpl:AdministrativeExpenses2022-12-012023-11-30SC578630core:NetGoodwill2022-12-012023-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30SC578630dpl:GroupUndertakings2022-12-012023-11-30SC578630dpl:ParticipatingInterests2022-12-012023-11-30SC578630dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-30SC578630core:ListedExchangeTraded2022-12-012023-11-30SC578630dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-30SC578630core:UnlistedNon-exchangeTraded2022-12-012023-11-30SC578630dpl:CostSales2021-12-012022-11-30SC578630dpl:DistributionCosts2021-12-012022-11-30SC578630core:LandBuildings2021-12-012022-11-30SC578630core:PlantMachinery2021-12-012022-11-30SC578630core:Vehicles2021-12-012022-11-30SC578630core:FurnitureFittings2021-12-012022-11-30SC578630core:OfficeEquipment2021-12-012022-11-30SC578630dpl:AdministrativeExpenses2021-12-012022-11-30SC578630core:NetGoodwill2021-12-012022-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-30SC578630dpl:GroupUndertakings2021-12-012022-11-30SC578630dpl:ParticipatingInterests2021-12-012022-11-30SC578630dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-30SC578630core:ListedExchangeTraded2021-12-012022-11-30SC578630dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-30SC578630core:UnlistedNon-exchangeTraded2021-12-012022-11-30SC578630core:NetGoodwill2023-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2023-11-30SC578630core:LandBuildings2023-11-30SC578630core:PlantMachinery2023-11-30SC578630core:Vehicles2023-11-30SC578630core:FurnitureFittings2023-11-30SC578630core:OfficeEquipment2023-11-30SC578630core:AfterOneYear2023-11-30SC578630core:WithinOneYear2023-11-30SC578630core:ListedExchangeTraded2023-11-30SC578630core:UnlistedNon-exchangeTraded2023-11-30SC578630core:ShareCapital2023-11-30SC578630core:SharePremium2023-11-30SC578630core:RevaluationReserve2023-11-30SC578630core:OtherReservesSubtotal2023-11-30SC578630core:RetainedEarningsAccumulatedLosses2023-11-30SC578630core:NetGoodwill2022-11-30SC578630core:IntangibleAssetsOtherThanGoodwill2022-11-30SC578630core:LandBuildings2022-11-30SC578630core:PlantMachinery2022-11-30SC578630core:Vehicles2022-11-30SC578630core:FurnitureFittings2022-11-30SC578630core:OfficeEquipment2022-11-30SC578630core:AfterOneYear2022-11-30SC578630core:WithinOneYear2022-11-30SC578630core:ListedExchangeTraded2022-11-30SC578630core:UnlistedNon-exchangeTraded2022-11-30SC578630core:ShareCapital2022-11-30SC578630core:SharePremium2022-11-30SC578630core:RevaluationReserve2022-11-30SC578630core:OtherReservesSubtotal2022-11-30SC578630core:RetainedEarningsAccumulatedLosses2022-11-30SC578630core:NetGoodwill2021-12-01SC578630core:IntangibleAssetsOtherThanGoodwill2021-12-01SC578630core:LandBuildings2021-12-01SC578630core:PlantMachinery2021-12-01SC578630core:Vehicles2021-12-01SC578630core:FurnitureFittings2021-12-01SC578630core:OfficeEquipment2021-12-01SC578630core:AfterOneYear2021-12-01SC578630core:WithinOneYear2021-12-01SC578630core:ListedExchangeTraded2021-12-01SC578630core:UnlistedNon-exchangeTraded2021-12-01SC578630core:ShareCapital2021-12-01SC578630core:SharePremium2021-12-01SC578630core:RevaluationReserve2021-12-01SC578630core:OtherReservesSubtotal2021-12-01SC578630core:RetainedEarningsAccumulatedLosses2021-12-01SC578630core:AfterOneYear2022-12-012023-11-30SC578630core:WithinOneYear2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:CostValuation2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-30SC578630core:Non-currentFinancialInstrumentscore:CostValuation2023-11-30SC578630core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-30SC578630core:Non-currentFinancialInstrumentscore:CostValuation2022-11-30SC578630core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-30SC578630core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-30SC578630bus:Director12022-12-012023-11-30

KEEP CALM MEDIA AND ENTERTAINMENT LIMITED

Registered Number
SC578630
(Scotland)

Unaudited Financial Statements for the Year ended
30 November 2023

KEEP CALM MEDIA AND ENTERTAINMENT LIMITED
Company Information
for the year from 1 December 2022 to 30 November 2023

Director

AHMED-SHEIKH, Tasmina

Registered Address

10th Floor 133 Finnieston Street
Glasgow
G3 8HB

Registered Number

SC578630 (Scotland)
KEEP CALM MEDIA AND ENTERTAINMENT LIMITED
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets341,63947,694
41,63947,694
Current assets
Debtors214,747116,150
Cash at bank and on hand189,994304,239
404,741420,389
Creditors amounts falling due within one year(214,480)(239,337)
Net current assets (liabilities)190,261181,052
Total assets less current liabilities231,900228,746
Net assets231,900228,746
Capital and reserves
Called up share capital22
Profit and loss account231,898228,744
Shareholders' funds231,900228,746
The financial statements were approved and authorised for issue by the Director on 29 November 2024, and are signed on its behalf by:
AHMED-SHEIKH, Tasmina
Director
Registered Company No. SC578630
KEEP CALM MEDIA AND ENTERTAINMENT LIMITED
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Deferred tax
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.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Fixtures and fittings25-
Vehicles-4
Office Equipment-4
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised. Stock include WIP in relation to accrued costs which have been impaired.
2.Average number of employees

20232022
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 December 2271,145
Additions14,388
At 30 November 2385,533
Depreciation and impairment
At 01 December 2223,451
Charge for year20,443
At 30 November 2343,894
Net book value
At 30 November 2341,639
At 30 November 2247,694
4.Directors advances, credits and guarantees
At the year-end, there was a balance due to the shareholders of £2,356. This loan is interest-free and repayable on demand.
5.Related party transactions
At the year-end, there is a balance of £713 due to a related party company. This loan is interest-free and repayable on demand.
6.Controlling party
There is no ultimate controlling party.