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REGISTERED NUMBER: 12615300 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

M KYTE HOLDINGS LIMITED

M KYTE HOLDINGS LIMITED (REGISTERED NUMBER: 12615300)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M KYTE HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: M D Kyte





REGISTERED OFFICE: 1069 Finchley Road
London
NW11 0PU





REGISTERED NUMBER: 12615300 (England and Wales)





ACCOUNTANTS: MGR Weston Kay LLP
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

M KYTE HOLDINGS LIMITED (REGISTERED NUMBER: 12615300)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Investments 4 491 405

CURRENT ASSETS
Debtors 5 - 100
Cash in hand 100 -
100 100
CREDITORS
Amounts falling due within one year 6 (6,308 ) (4,958 )
NET CURRENT LIABILITIES (6,208 ) (4,858 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,717 ) (4,453 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (5,817 ) (4,553 )
SHAREHOLDERS' FUNDS (5,717 ) (4,453 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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

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 8 November 2024 and were signed by:




M D Kyte - Director


M KYTE HOLDINGS LIMITED (REGISTERED NUMBER: 12615300)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

M Kyte Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1069 Finchley Road, London, United Kingdom, NW11 0PU.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements. The director has confirmed that they will continue to make funds available in order to ensure that the company can meet its day to day liabilities as they fall due.

Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

M KYTE HOLDINGS LIMITED (REGISTERED NUMBER: 12615300)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 June 2023 405
Additions 86
At 31 May 2024 491
NET BOOK VALUE
At 31 May 2024 491
At 31 May 2023 405

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors - 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed to participating interests 4,773 3,753
Other creditors 1,535 1,205
6,308 4,958

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary £1 100 100