Silverfin false false 30/11/2024 14/11/2023 30/11/2024 D J Webb 14/11/2023 01 July 2025 The principle activity of the Company during the financial period was computer aided design. 15284596 2024-11-30 15284596 bus:Director1 2024-11-30 15284596 core:CurrentFinancialInstruments 2024-11-30 15284596 core:ShareCapital 2024-11-30 15284596 core:RetainedEarningsAccumulatedLosses 2024-11-30 15284596 core:OtherPropertyPlantEquipment 2023-11-13 15284596 2023-11-13 15284596 core:OtherPropertyPlantEquipment 2024-11-30 15284596 2023-11-14 2024-11-30 15284596 bus:FilletedAccounts 2023-11-14 2024-11-30 15284596 bus:SmallEntities 2023-11-14 2024-11-30 15284596 bus:AuditExemptWithAccountantsReport 2023-11-14 2024-11-30 15284596 bus:PrivateLimitedCompanyLtd 2023-11-14 2024-11-30 15284596 bus:Director1 2023-11-14 2024-11-30 15284596 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-11-14 2024-11-30 15284596 core:OtherPropertyPlantEquipment 2023-11-14 2024-11-30 iso4217:GBP xbrli:pure

Company No: 15284596 (England and Wales)

KEYCAD LTD

Unaudited Financial Statements
For the financial period from 14 November 2023 to 30 November 2024
Pages for filing with the registrar

KEYCAD LTD

Unaudited Financial Statements

For the financial period from 14 November 2023 to 30 November 2024

Contents

KEYCAD LTD

BALANCE SHEET

As at 30 November 2024
KEYCAD LTD

BALANCE SHEET (continued)

As at 30 November 2024
Note 30.11.2024
£
Fixed assets
Tangible assets 3 375
375
Current assets
Debtors 4 4,990
Cash at bank and in hand 31,674
36,664
Creditors: amounts falling due within one year 5 ( 14,688)
Net current assets 21,976
Total assets less current liabilities 22,351
Net assets 22,351
Capital and reserves
Called-up share capital 100
Profit and loss account 22,251
Total shareholder's funds 22,351

For the financial period ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of KEYCAD LTD (registered number: 15284596) were approved and authorised for issue by the Director on 01 July 2025. They were signed on its behalf by:

D J Webb
Director
KEYCAD LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 November 2023 to 30 November 2024
KEYCAD LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 November 2023 to 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

KEYCAD LTD (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 172 Seafield Road, Bournemouth, Dorset, BH6 5LJ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised when significant risk and rewards have been transferred to the buyer. Turnover from the supply of services represents the value of design work provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery etc. 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Period from
14.11.2023 to
30.11.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 14 November 2023 0 0
Additions 500 500
At 30 November 2024 500 500
Accumulated depreciation
At 14 November 2023 0 0
Charge for the financial period 125 125
At 30 November 2024 125 125
Net book value
At 30 November 2024 375 375

4. Debtors

30.11.2024
£
Trade debtors 564
Amounts owed by director 4,274
Other debtors 152
4,990

5. Creditors: amounts falling due within one year

30.11.2024
£
Accruals 1,818
Corporation tax 12,854
Other taxation and social security 16
14,688

6. Related party transactions

Transactions with the entity's director

30.11.2024
£
Overdrawn director's current account 4,274

This amount will be repaid within nine months of the year end.