IRIS Accounts Production v24.3.0.553 14503253 director 24.11.22 31.3.24 31.3.24 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh145032532022-11-23145032532024-03-31145032532022-11-242024-03-31145032532022-11-2314503253ns15:EnglandWales2022-11-242024-03-3114503253ns14:PoundSterling2022-11-242024-03-3114503253ns10:Director12022-11-242024-03-3114503253ns10:PrivateLimitedCompanyLtd2022-11-242024-03-3114503253ns10:SmallEntities2022-11-242024-03-3114503253ns10:AuditExempt-NoAccountantsReport2022-11-242024-03-3114503253ns10:SmallCompaniesRegimeForDirectorsReport2022-11-242024-03-3114503253ns10:SmallCompaniesRegimeForAccounts2022-11-242024-03-3114503253ns10:AbridgedAccounts2022-11-242024-03-3114503253ns10:OrdinaryShareClass12022-11-242024-03-3114503253ns10:RegisteredOffice2022-11-242024-03-3114503253ns5:CurrentFinancialInstruments2024-03-3114503253ns5:ShareCapital2024-03-3114503253ns5:RetainedEarningsAccumulatedLosses2024-03-3114503253ns5:ComputerEquipment2022-11-242024-03-3114503253ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 14503253 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

24 NOVEMBER 2022 TO 31 MARCH 2024

FOR

CADENZA HOLDINGS LTD

CADENZA HOLDINGS LTD (REGISTERED NUMBER: 14503253)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 NOVEMBER 2022 TO 31 MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CADENZA HOLDINGS LTD

COMPANY INFORMATION
FOR THE PERIOD 24 NOVEMBER 2022 TO 31 MARCH 2024







DIRECTOR: Mr Christopher Sandamas





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 14503253 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

CADENZA HOLDINGS LTD (REGISTERED NUMBER: 14503253)

ABRIDGED BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 279
Investment property 6 1,124,878
1,125,157

CURRENT ASSETS
Debtors 248
Cash at bank 34,766
35,014
CREDITORS
Amounts falling due within one year 14,198
NET CURRENT ASSETS 20,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,145,973

CAPITAL AND RESERVES
Called up share capital 7 1,000
Retained earnings 1,144,973
SHAREHOLDERS' FUNDS 1,145,973

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

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

The director acknowledges his 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.

CADENZA HOLDINGS LTD (REGISTERED NUMBER: 14503253)

ABRIDGED BALANCE SHEET - continued
31 MARCH 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 Balance Sheet for the period ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 1 November 2024 and were signed by:





Mr Christopher Sandamas - Director


CADENZA HOLDINGS LTD (REGISTERED NUMBER: 14503253)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 NOVEMBER 2022 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Cadenza Holdings Ltd is a private company, limited by shares , registered in England and Wales. 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the value of rental income chargeable in respect of the company's investment properties. Turnover is recognised evenly over the period of the rental agreement.

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% straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


CADENZA HOLDINGS LTD (REGISTERED NUMBER: 14503253)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 NOVEMBER 2022 TO 31 MARCH 2024


3. 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 417
At 31 March 2024 417
DEPRECIATION
Charge for period 138
At 31 March 2024 138
NET BOOK VALUE
At 31 March 2024 279

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,124,878
At 31 March 2024 1,124,878
NET BOOK VALUE
At 31 March 2024 1,124,878

On 19 March 2023, the company purchased the property at 54 Wightman Road, London from its parent company, K.S. Car Electrics Limited, at the market value of £1,115,000. There were further additions to property during the period of £9,878.

CADENZA HOLDINGS LTD (REGISTERED NUMBER: 14503253)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 NOVEMBER 2022 TO 31 MARCH 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary £1 1,000

8. ULTIMATE CONTROLLING PARTY

Up to 18 March 2023, the director, Mr Christopher Sandamas, held all 100% of the issued share capital of the company.

On 18 March 2023, K.S. Car Electrics Limited, a company incorporated in England and Wales, became the parent company when it purchased all 100% of the issued share capital of the company.