KEASIM EDINBURGH LIMITED


Director	KEANE, Simon Paul


Registered Address	Malones Edinburgh
	242 Morrison Street
	Edinburgh
	EH3 8DT


Registered Number	SC560033 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			10		10
Fixed assets
Intangible assets	3		4,074		4,551
Tangible assets	4		117,746		204,182
			121,820		208,733
Current assets
Stocks	5	48,826		37,045
Debtors	6,7	628,394		423,193
Cash at bank and on hand		31,276		4,583
		708,496		464,821
Creditors amounts falling due within one year	8	(424,006)		(349,756)
Net current assets (liabilities)			284,500		115,075
Total assets less current liabilities			406,320		323,808
Creditors amounts falling due after one year	9		(8,720)		(57,178)
Provisions for liabilities	10		(8,520)		(18,984)
Net assets			389,080		247,646
Capital and reserves
Called up share capital			10		10
Profit and loss account			389,070		247,636
Shareholders' funds			389,080		247,646

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 30 July 2026, and are signed on its behalf by:

KEANE, Simon Paul
Director
Registered Company No. SC560033

KEASIM EDINBURGH 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
	Contributions to defined contribution plans are expensed in the period to which they relate.

	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.

	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.

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.

	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
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


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

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	43		31

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 November 24	4,770	4,770
At 31 October 25	4,770	4,770
Amortisation and impairment
At 01 November 24	219	219
Charge for year	477	477
At 31 October 25	696	696
Net book value
At 31 October 25	4,074	4,074
At 31 October 24	4,551	4,551

4.	Tangible fixed assets

	Land & buildings	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	351,943	8,970	457,615	52,345	870,873
Additions	-	-	10,670	2,016	12,686
Disposals	-	(8,970)	-	-	(8,970)
At 31 October 25	351,943	-	468,285	54,361	874,589
Depreciation and impairment
At 01 November 24	208,733	1,944	434,216	21,798	666,691
Charge for year	70,389	-	12,108	9,599	92,096
On disposals	-	(1,944)	-	-	(1,944)
At 31 October 25	279,122	-	446,324	31,397	756,843
Net book value
At 31 October 25	72,821	-	21,961	22,964	117,746
At 31 October 24	143,210	7,026	23,399	30,547	204,182

5.	Stocks

	2025	2024
	£	£
Finished goods	48,826	37,045
Total	48,826	37,045

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	18,883	12,022
Other debtors	8,313	5,962
Prepayments and accrued income	36,814	5,822
Total	64,010	23,806

7.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	564,385	399,388
Total	564,385	399,388

8.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	128,148	98,643
Taxation and social security	161,351	175,192
Other creditors	40,294	45,336
Accrued liabilities and deferred income	94,213	30,585
Total	424,006	349,756


	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.

9.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	8,720	57,178
Total	8,720	57,178

10.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	8,520	18,984
Total	8,520	18,984