Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3122023-01-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09604529 2023-01-01 2023-12-31 09604529 2022-01-01 2022-12-31 09604529 2023-12-31 09604529 2022-12-31 09604529 c:Director1 2023-01-01 2023-12-31 09604529 d:OfficeEquipment 2023-01-01 2023-12-31 09604529 d:OfficeEquipment 2023-12-31 09604529 d:OfficeEquipment 2022-12-31 09604529 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09604529 d:ComputerEquipment 2023-01-01 2023-12-31 09604529 d:CurrentFinancialInstruments 2023-12-31 09604529 d:CurrentFinancialInstruments 2022-12-31 09604529 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09604529 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09604529 d:ShareCapital 2023-12-31 09604529 d:ShareCapital 2022-12-31 09604529 d:RetainedEarningsAccumulatedLosses 2023-12-31 09604529 d:RetainedEarningsAccumulatedLosses 2022-12-31 09604529 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09604529 c:OrdinaryShareClass1 2023-12-31 09604529 c:FRS102 2023-01-01 2023-12-31 09604529 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09604529 c:FullAccounts 2023-01-01 2023-12-31 09604529 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09604529 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09604529














KADENWOOD PARTNERS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
KADENWOOD PARTNERS LIMITED
 
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 5

 
KADENWOOD PARTNERS LIMITED
  
REGISTERED NUMBER:09604529

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible Fixed Assets
 4 
915
1,230

Current assets
  

Debtors: amounts falling due within one year
 5 
26,304
27,866

Cash at bank and in hand
  
281,753
287,994

  
308,057
315,860

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(64,299)
(60,229)

Net current assets
  
 
 
243,758
 
 
255,631

  

Net assets
  
244,673
256,861


Capital and reserves
  

Called up share capital 
 7 
300
300

Profit and loss account
  
244,373
256,561

  
244,673
256,861


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 March 2024.



S J Woroch
Director

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
KADENWOOD PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Kadenwood Partners Limited is a private limited liability company incorporated in England and Wales. Its registered office and business address is at First Floor, Devonshire House, One Mayfair Place, London W1J 8AJ.  
The principal activity of the company throughout the year was the provision of consultancy services. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of consultancy services supplied during the period, exclusive of Value Added Tax. Revenue from consultancy services are recognised when the service is provided and the right to receive consideration is established. 

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
straight line over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Page 2

 
KADENWOOD PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Basic financial instruments

The company only enters into transactions that result in the recognition of basic financial assets and basic financial liabilities.
Basic financial assets, such as trade and other debtors, are initially recognised at the transaction price less attributable transaction costs. Basic financial liabilities, such as trade and other creditors, are initially recognised at the transaction price plus attributable transaction costs. Subsequently, they are measured at amortised cost using the effective interest method, less any impairment losses in the case of basic financial assets.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Foreign currency translation

The company's functional and presentational currency is £ sterling.
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable.

 
2.7

Current taxation

Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 3

 
KADENWOOD PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost


At 1 January 2023
3,933


Additions
570



At 31 December 2023

4,503



Depreciation


At 1 January 2023
2,703


Charge for the year on owned assets
885



At 31 December 2023

3,588



Net book value



At 31 December 2023
915



At 31 December 2022
1,230


5.


Debtors

2023
2022
£
£


Trade debtors
14,307
25,587

Other debtors
841
1,416

Prepayments and accrued income
11,156
863

26,304
27,866


Page 4

 
KADENWOOD PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
384
7,918

Other taxation and social security
25,156
17,360

Other creditors
32,296
29,071

Accruals and deferred income
6,463
5,880

64,299
60,229



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



300  Ordinary shares of £1 each
300
300


 
Page 5