REGISTERED NUMBER: SC446750 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KEAN JARMAN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P C Jarman

Mrs M Kean

REGISTERED OFFICE:

27 Ingram Street

Glasgow

G1 1HA

REGISTERED NUMBER:

SC446750 (Scotland)

ACCOUNTANTS:

Kean Jarman & Company

Chartered Accountants

27 Ingram Street

Glasgow

G1 1HA

FIXED ASSETS

Intangible assets

4

69,315

77,890

Tangible assets

5

360

450

69,675

78,340

CURRENT ASSETS

Debtors

6

41,452

25,381

Cash at bank

74,487

144,470

115,939

169,851

CREDITORS

Amounts falling due within one year

7

63,670

99,579

NET CURRENT ASSETS

52,269

70,272

TOTAL ASSETS LESS CURRENT LIABILITIES

121,944

148,612

CREDITORS

Amounts falling due after more than one year

8

-

5,889

NET ASSETS

121,944

142,723

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

121,744

142,523

SHAREHOLDERS' FUNDS

121,944

142,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 15 December 2025 and were signed on its behalf by:

Mrs M Kean - Director

P C Jarman - Director

1.	STATUTORY INFORMATION

Kean Jarman 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

171,500

AMORTISATION

At 1 April 2024

93,610

Amortisation for year

8,575

At 31 March 2025

102,185

NET BOOK VALUE

At 31 March 2025

69,315

At 31 March 2024

77,890

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

853

3,858

4,711

DEPRECIATION

At 1 April 2024

778

3,483

4,261

Charge for year

15

75

90

At 31 March 2025

793

3,558

4,351

NET BOOK VALUE

At 31 March 2025

60

300

360

At 31 March 2024

75

375

450

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

14,484

21,653

Other debtors

4,050

50

Directors' current accounts

19,294

-

Prepayments and accrued income

3,624

3,678

41,452

25,381

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

4,944

Trade creditors

7,368

5,736

Tax

44,207

58,538

Social security and other taxes

2,161

2,485

VAT

9,934

13,146

Directors' current accounts

-

14,730

63,670

99,579

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

-

4,944

Bank loans - 2-5 years

-

945

-

5,889

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

36,169

36,169

Between one and five years

72,338

108,507

108,507

144,676

10.	RELATED PARTY DISCLOSURES

The directors owed £19,294 to the company (2024- £14,730) at the year end. The maximum amount outstanding during the year was £19,294. This was repaid after the year end.