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REGISTERED NUMBER: SC756676 (Scotland)















Unaudited Financial Statements

for the Period 26 January 2023 to 31 January 2024

for

Kindred Parent Limited

Kindred Parent Limited (Registered number: SC756676)






Contents of the Financial Statements
for the Period 26 January 2023 to 31 January 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Kindred Parent Limited

Company Information
for the Period 26 January 2023 to 31 January 2024







DIRECTOR: Mrs L M Semple





REGISTERED OFFICE: 9 Caroline Gardens
Edinburgh
EH12 6XJ





REGISTERED NUMBER: SC756676 (Scotland)





ACCOUNTANTS: Lamont Blair Chartered Accountants
1A Berwick Drive
Rutherglen
South Lanarkshire
G73 3JP

Kindred Parent Limited (Registered number: SC756676)

Abridged Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 494

CURRENT ASSETS
Debtors 130
Cash at bank 3,573
3,703
CREDITORS
Amounts falling due within one year 14,531
NET CURRENT LIABILITIES (10,828 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,334

)

CAPITAL AND RESERVES
Called up share capital 5 10
Retained earnings (10,344 )
SHAREHOLDERS' FUNDS (10,334 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

Kindred Parent Limited (Registered number: SC756676)

Abridged Balance Sheet - continued
31 January 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the period ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:





Mrs L M Semple - Director


Kindred Parent Limited (Registered number: SC756676)

Notes to the Financial Statements
for the Period 26 January 2023 to 31 January 2024

1. STATUTORY INFORMATION

Kindred Parent Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

During the period to 31st January 2024 the company made a loss of £10,344 and, had net liabilities of £10,334. The director has agreed to support the company for the foreseeable future and will not ask for the repayment of their loan until the company has sufficient funds.

Based on this the accounts are prepared as a going concern.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the amount, events or actions, actual results ultimately may differ from those estimates.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Kindred Parent Limited (Registered number: SC756676)

Notes to the Financial Statements - continued
for the Period 26 January 2023 to 31 January 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash and deposits with financial institutions repayable without penalty on notice of not more than twenty four hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 741
At 31 January 2024 741
DEPRECIATION
Charge for period 247
At 31 January 2024 247
NET BOOK VALUE
At 31 January 2024 494

Kindred Parent Limited (Registered number: SC756676)

Notes to the Financial Statements - continued
for the Period 26 January 2023 to 31 January 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
10 Ordinary 1 10

10 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.