KDM SERVICES LIMITED


Directors	Dean Neil Morrison
	Kenneth Lee Allan Morrison


Registered Address	18 The Green
	Coaltown
	Glenrothes
	KY7 6GY


Registered Number	SC721662 (Scotland)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		199		199
Tangible assets	4		19,015		26,445
			19,214		26,644
Current assets
Stocks		200		6,750
Debtors	5	10,269		35,834
Cash at bank and on hand		13,698		6,812
		24,167		49,396
Creditors amounts falling due within one year	6	(34,807)		(61,955)
Net current assets (liabilities)			(10,640)		(12,559)
Total assets less current liabilities			8,574		14,085
Creditors amounts falling due after one year	7		(4,505)		(8,221)
Provisions for liabilities			(3,940)		(5,860)
Net assets			129		4
Capital and reserves
Called up share capital			4		4
Profit and loss account			125		-
Shareholders' funds			129		4

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 Directors acknowledge 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 Board of Directors on 21 September 2026, and are signed on its behalf by:

Dean Neil Morrison
Director

Kenneth Lee Allan Morrison
Director

Registered Company No. SC721662

KDM SERVICES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

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.

	Going concern
	The financial statements have been prepared on the going concern basis. The directors find it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of the directors who have confirmed that they will continue to support the company as required.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	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
	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:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stock and work in progress are valued at the lower of cost and net realisable value.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 25	199	199
At 31 March 26	199	199
Net book value
At 31 March 26	199	199
At 31 March 25	199	199

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 25	9,374	33,995	269	43,638
Additions	525	-	-	525
Disposals	-	(4,000)	-	(4,000)
At 31 March 26	9,899	29,995	269	40,163
Depreciation and impairment
At 01 April 25	3,871	13,105	217	17,193
Charge for year	1,415	5,222	52	6,689
On disposals	-	(2,734)	-	(2,734)
At 31 March 26	5,286	15,593	269	21,148
Net book value
At 31 March 26	4,613	14,402	-	19,015
At 31 March 25	5,503	20,890	52	26,445

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	600	-
Other debtors	9,045	34,518
Prepayments and accrued income	624	1,316
Total	10,269	35,834

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	10,421	523
Taxation and social security	17,833	33,676
Finance lease and HP contracts	3,716	3,336
Other creditors	2,837	24,420
Total	34,807	61,955

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	4,505	8,221
Total	4,505	8,221