KEASIM DUNDEE LIMITED


Director	KEANE, Simon Paul


Registered Address	242 Morrison Street Morrison Street
	Edinburgh
	EH3 8DT


Registered Number	SC560038 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		470		734
Tangible assets	4		32,696		31,950
			33,166		32,684
Current assets
Debtors	5,6	40,829		51,027
Cash at bank and on hand		2,074		132
		42,903		51,159
Creditors amounts falling due within one year	7	(72,864)		(46,897)
Net current assets (liabilities)			(29,961)		4,262
Total assets less current liabilities			3,205		36,946
Creditors amounts falling due after one year	8		(243,868)		(69,161)
Net assets			(240,663)		(32,215)
Capital and reserves
Called up share capital			10		10
Profit and loss account			(240,673)		(32,225)
Shareholders' funds			(240,663)		(32,215)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 July 2026, and are signed on its behalf by:

KEANE, Simon Paul
Director
Registered Company No. SC560038

KEASIM DUNDEE LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	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:

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:


		Straight line (years)
	Land and buildings	5
	Fixtures and fittings	5
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	14		17

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 November 24	800	800
At 31 October 25	800	800
Amortisation and impairment
At 01 November 24	66	66
Charge for year	264	264
At 31 October 25	330	330
Net book value
At 31 October 25	470	470
At 31 October 24	734	734

4.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 November 24	12,376	19,251	1,654	33,281
Additions	-	5,309	3,765	9,074
At 31 October 25	12,376	24,560	5,419	42,355
Depreciation and impairment
At 01 November 24	457	737	137	1,331
Charge for year	2,475	4,205	1,648	8,328
At 31 October 25	2,932	4,942	1,785	9,659
Net book value
At 31 October 25	9,444	19,618	3,634	32,696
At 31 October 24	11,919	18,514	1,517	31,950

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	17,374	17,123
Other debtors	5,127	6,977
Prepayments and accrued income	18,328	25,439
Total	40,829	49,539

6.	Debtors: amounts due after one year

	2025	2024
	£	£
Amounts owed by group undertakings	-	1,488
Total	-	1,488

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	38,525	39,443
Taxation and social security	17,866	5,502
Other creditors	1,403	928
Accrued liabilities and deferred income	15,070	1,024
Total	72,864	46,897


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	243,868	69,161
Total	243,868	69,161