Company No: 15284596 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.11.2025		30.11.2024
		£		£
Fixed assets
Tangible assets	3	2,431		375
		2,431		375
Current assets
Debtors	4	16,529		4,990
Cash at bank and in hand		6,832		31,674
		23,361		36,664
Creditors: amounts falling due within one year	5	( 6,308)		( 14,688)
Net current assets		17,053		21,976
Total assets less current liabilities		19,484		22,351
Net assets		19,484		22,351
Capital and reserves
Called-up share capital		100		100
Profit and loss account		19,384		22,251
Total shareholder's funds		19,484		22,351

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of KEYCAD LTD (registered number: 15284596) were approved and authorised for issue by the Director on 11 August 2026. They were signed on its behalf by:

D J Webb Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

KEYCAD LTD (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Centenary House, Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom. The principal place of business is 172 Seafield Road, Bournemouth, Dorset, BH6 5LJ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised when significant risk and rewards have been transferred to the buyer. Turnover from the supply of services represents the value of design work provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Year ended 30.11.2025		Period from 14.11.2023 to 30.11.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 December 2024	500		500
Additions	2,435		2,435
At 30 November 2025	2,935		2,935
Accumulated depreciation
At 01 December 2024	125		125
Charge for the financial year	379		379
At 30 November 2025	504		504
Net book value
At 30 November 2025	2,431		2,431
At 30 November 2024	375		375

4. Debtors

	30.11.2025		30.11.2024
	£		£
Trade debtors	8,647		564
Amounts owed by director	7,730		4,274
Other debtors	152		152
	16,529		4,990

5. Creditors: amounts falling due within one year

	30.11.2025		30.11.2024
	£		£
Accruals	1,470		1,818
Corporation tax	4,412		12,854
Other taxation and social security	426		16
	6,308		14,688

6. Related party transactions

Transactions with the entity's director

	30.11.2025		30.11.2024
	£		£
Director	7,730		4,274

The overdrawn director's current account was cleared within nine months of the year end.