Keep Calm Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06341016

Keep Calm Limited

Filleted Unaudited Financial Statements

For the year ended

31 August 2025

Keep Calm Limited

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	2,960	3,569
Tangible assets	6	4,991	7,133
		-------	--------
		7,951	10,702

Current assets

Stocks		104,860	57,190
Debtors	7	31,877	33,036
Cash at bank and in hand		119,420	133,746
		---------	---------
		256,157	223,972

Creditors: amounts falling due within one year	8	66,989		55,409
		---------		---------
Net current assets			189,168	168,563
			---------	---------
Total assets less current liabilities			197,119	179,265

Provisions

Deferred taxation	1,248	1,784
	---------	---------
Net assets	195,871	177,481
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	195,771	177,381
	---------	---------
Shareholders funds	195,871	177,481
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Keep Calm Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 4 June 2026 , and are signed on behalf of the board by:

L A Lepola

Director

Company registration number: 06341016

Keep Calm Limited

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of discounts and of value added tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, this is when goods have been despatched. Revenue from services rendered is recognised by reference to the stage of completion at the reporting date and only to the extent that the associated expenses are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

	Trademarks	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% reducing balance
Computer equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Pension contributions

Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 3 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 September 2024	3,569
Additions	133
	-------
At 31 August 2025	3,702
	-------
Amortisation
Charge for the year	742
	-------
At 31 August 2025	742
	-------
Carrying amount
At 31 August 2025	2,960
	-------
At 31 August 2024	3,569
	-------

6. Tangible assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost
At 1 September 2024 and 31 August 2025	10,712	9,898	20,610
	--------	-------	--------
Depreciation
At 1 September 2024	5,393	8,084	13,477
Charge for the year	1,336	806	2,142
	--------	-------	--------
At 31 August 2025	6,729	8,890	15,619
	--------	-------	--------
Carrying amount
At 31 August 2025	3,983	1,008	4,991
	--------	-------	--------
At 31 August 2024	5,319	1,814	7,133
	--------	-------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	9,265	8,773
Other debtors	22,612	24,263
	--------	--------
	31,877	33,036
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	21,368	6,902
Social security and other taxes	41,466	29,632
Other creditors	4,155	18,875
	--------	--------
	66,989	55,409
	--------	--------

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	1,248	1,784
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	1,248	1,784
	-------	-------