Keenan & K Entertainment Ltd iXBRL

Keenan & K Entertainment Ltd

Abridged Unaudited Financial Statements

for the financial year ended 31 December 2025

Keenan & K Entertainment Ltd

DIRECTOR'S REPORT

for the financial year ended 31 December 2025

The director presents his report and the unaudited financial statements for the financial year ended 31 December 2025.

Principal Activity

The principal activity of the company is the production of a theatrical show known as the "Spirit of Scotland Show".

Results and Dividends

The profit for the financial year after providing for depreciation and taxation amounted to £69,712 (2024 - £144,373).

Director

The director who served during the financial year is as follows:

John Keenan

There were no changes in shareholdings between 31 December 2025 and the date of signing the financial statements.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of director's Responsibilities and Declaration on Unaudited Financial Statements

The director made the following statement in respect of the unaudited financial statements:

"General responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Director's declaration on unaudited financial statements

In relation to the financial statements comprising the Abridged Profit and Loss Account, the Abridged Balance Sheet, the Reconciliation of Shareholders' Funds and the related notes:

The director approves these financial statements and confirms that he is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.

The director confirms that he has made available to DMB Chartered Accountants, all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.

The director confirms that to the best of his knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 31 December 2025."

Post Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.

Future Development

The directors are not expecting to make any significant changes in the nature of the business in the near future.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

John Keenan

Director

29 June 2026

Keenan & K Entertainment Ltd

ABRIDGED PROFIT AND LOSS ACCOUNT

for the financial year ended 31 December 2025

	2025	2024
Notes	£	£

Gross profit	293,032	355,766

Administrative expenses	(199,506)	(162,986)
	─────────	─────────
Profit on ordinary activities before taxation	93,526	192,780

Tax on profit on ordinary activities	(23,814)	(48,407)
	─────────	─────────
Profit for the financial year	69,712	144,373
	─────────	─────────
Total comprehensive income	69,712	144,373
	═════════	═════════

Keenan & K Entertainment Ltd

Company Registration Number: SC613520

ABRIDGED BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Intangible assets

2,610

3,916

Tangible assets

23,008

16,246

─────────

Fixed Assets

25,618

20,162

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Current Assets

Debtors

217,518

224,345

Cash at bank and in hand

210,308

172,871

─────────

427,826

397,216

─────────

Creditors: amounts falling due within one year

(56,809)

(90,455)

─────────

Net Current Assets

371,017

306,761

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Total Assets less Current Liabilities

396,635

326,923

═════════

Capital and Reserves

Called up share capital

Retained earnings

396,633

326,921

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Shareholders' Funds

396,635

326,923

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 29 June 2026



John Keenan
Director

Keenan & K Entertainment Ltd

RECONCILIATION OF SHAREHOLDERS' FUNDS

as at 31 December 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2024	2	182,548	182,550
	─────────	─────────	─────────
Profit for the financial year	-	144,373	144,373
	─────────	─────────	─────────
At 31 December 2024	2	326,921	326,923
	─────────	─────────	─────────
Profit for the financial year	-	69,712	69,712
	─────────	─────────	─────────
At 31 December 2025	2	396,633	396,635
	═════════	═════════	═════════

Keenan & K Entertainment Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

Keenan & K Entertainment Ltd is a company limited by shares incorporated and registered in the Scotland. The registered number of the company is SC613520. The registered office of the company is 1 Southfield Villas, Edinburgh, Scotland which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Turnover comprises the invoice value of services provided by the company, exclusive of value added tax.

Turnover from the provision of services is recognised in the accouting period in which the services are rendered and the outcome for the contract can be measured reliably.

Intangible assets

Intangible assets are valued at cost less accumulated amortisation.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 5 years.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

20% Straight line

Motor vehicles

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash at bank and in hand

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Balance Sheet bank overdrafts are shown within Creditors.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Related parties

The company discloses transactions with related parties which are not wholly owned with the same group.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

The Financial Statements have been prepared in Pound (£) which is also the functional currency of the company.

Ordinary share capital

The ordinary share capital of the company is presented as equity.


3.	Intangible assets


		£
	Cost
	At 1 January 2025	8,550
		─────────

	At 31 December 2025	8,550
		─────────
	Amortisation
	At 1 January 2025	4,634
	Charge for financial year	1,306
		─────────
	At 31 December 2025	5,940
		─────────
	Net book value
	At 31 December 2025	2,610
		═════════
	At 31 December 2024	3,916
		═════════


4.	Tangible assets
		Fixtures,	Motor	Total
		fittings and	vehicles
		equipment
		£	£	£
	Cost
	At 1 January 2025	28,198	-	28,198
	Additions	1,811	12,998	14,809
		─────────	─────────	─────────
	At 31 December 2025	30,009	12,998	43,007
		─────────	─────────	─────────
	Depreciation
	At 1 January 2025	11,952	-	11,952
	Charge for the financial year	5,447	2,600	8,047
		─────────	─────────	─────────
	At 31 December 2025	17,399	2,600	19,999
		─────────	─────────	─────────
	Net book value
	At 31 December 2025	12,610	10,398	23,008
		═════════	═════════	═════════
	At 31 December 2024	16,246	-	16,246
		═════════	═════════	═════════

Creditors

2025

2024

Amounts falling due within one year

Trade creditors

6,123

15,906

Amounts owed to connected parties

13,916

15,374

Taxation

31,929

55,304

Other creditors

391

391

Accruals

4,450

3,480

─────────

56,809

90,455

═════════

Amounts owed to connected parties are unsecured, interest free and repayable on demand.


6.	Share capital			2025	2024
				£	£
	Description	Number of shares	Value of units

	Allotted, called up and fully paid
	STG£1 Ordinary Shares	2	£1.00 each	2	2

				═════════	═════════

The director's interests in the shares of the company are as follows:-

Number Held At

Name

Class of Shares

31/12/25

01/01/25

John Keenan

Ordinary Shares

═════════

Capital commitments

The company had no material capital commitments at the financial year ended 31 December 2025.

Contingent liabilities

There were no contingent liabilities affecting the company at the year ended 31 December 2025.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.