2023-03-012024-02-292024-02-29false13228073KEDAR CAPITAL LTD2024-11-05iso4217:GBPxbrli:pure132280732023-03-01132280732024-02-29132280732023-03-012024-02-29132280732022-03-01132280732023-02-28132280732022-03-012023-02-2813228073bus:SmallEntities2023-03-012024-02-2913228073bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913228073bus:AbridgedAccounts2023-03-012024-02-2913228073bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913228073core:WithinOneYear2024-02-2913228073core:AfterOneYear2024-02-2913228073core:WithinOneYear2023-02-2813228073core:AfterOneYear2023-02-2813228073core:ShareCapital2024-02-2913228073core:SharePremium2024-02-2913228073core:RevaluationReserve2024-02-2913228073core:OtherReservesSubtotal2024-02-2913228073core:RetainedEarningsAccumulatedLosses2024-02-2913228073core:ShareCapital2023-02-2813228073core:SharePremium2023-02-2813228073core:RevaluationReserve2023-02-2813228073core:OtherReservesSubtotal2023-02-2813228073core:RetainedEarningsAccumulatedLosses2023-02-2813228073core:LandBuildings2024-02-2913228073core:PlantMachinery2024-02-2913228073core:Vehicles2024-02-2913228073core:FurnitureFittings2024-02-2913228073core:OfficeEquipment2024-02-2913228073core:NetGoodwill2024-02-2913228073core:IntangibleAssetsOtherThanGoodwill2024-02-2913228073core:ListedExchangeTraded2024-02-2913228073core:UnlistedNon-exchangeTraded2024-02-2913228073core:LandBuildings2023-02-2813228073core:PlantMachinery2023-02-2813228073core:Vehicles2023-02-2813228073core:FurnitureFittings2023-02-2813228073core:OfficeEquipment2023-02-2813228073core:NetGoodwill2023-02-2813228073core:IntangibleAssetsOtherThanGoodwill2023-02-2813228073core:ListedExchangeTraded2023-02-2813228073core:UnlistedNon-exchangeTraded2023-02-2813228073core:LandBuildings2023-03-012024-02-2913228073core:PlantMachinery2023-03-012024-02-2913228073core:Vehicles2023-03-012024-02-2913228073core:FurnitureFittings2023-03-012024-02-2913228073core:OfficeEquipment2023-03-012024-02-2913228073core:NetGoodwill2023-03-012024-02-2913228073core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913228073core:ListedExchangeTraded2023-03-012024-02-2913228073core:UnlistedNon-exchangeTraded2023-03-012024-02-2913228073core:MoreThanFiveYears2023-03-012024-02-2913228073core:Non-currentFinancialInstruments2024-02-2913228073core:Non-currentFinancialInstruments2023-02-2813228073dpl:CostSales2023-03-012024-02-2913228073dpl:DistributionCosts2023-03-012024-02-2913228073core:LandBuildings2023-03-012024-02-2913228073core:PlantMachinery2023-03-012024-02-2913228073core:Vehicles2023-03-012024-02-2913228073core:FurnitureFittings2023-03-012024-02-2913228073core:OfficeEquipment2023-03-012024-02-2913228073dpl:AdministrativeExpenses2023-03-012024-02-2913228073core:NetGoodwill2023-03-012024-02-2913228073core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913228073dpl:GroupUndertakings2023-03-012024-02-2913228073dpl:ParticipatingInterests2023-03-012024-02-2913228073dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913228073core:ListedExchangeTraded2023-03-012024-02-2913228073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913228073core:UnlistedNon-exchangeTraded2023-03-012024-02-2913228073dpl:CostSales2022-03-012023-02-2813228073dpl:DistributionCosts2022-03-012023-02-2813228073core:LandBuildings2022-03-012023-02-2813228073core:PlantMachinery2022-03-012023-02-2813228073core:Vehicles2022-03-012023-02-2813228073core:FurnitureFittings2022-03-012023-02-2813228073core:OfficeEquipment2022-03-012023-02-2813228073dpl:AdministrativeExpenses2022-03-012023-02-2813228073core:NetGoodwill2022-03-012023-02-2813228073core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2813228073dpl:GroupUndertakings2022-03-012023-02-2813228073dpl:ParticipatingInterests2022-03-012023-02-2813228073dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2813228073core:ListedExchangeTraded2022-03-012023-02-2813228073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2813228073core:UnlistedNon-exchangeTraded2022-03-012023-02-2813228073core:NetGoodwill2024-02-2913228073core:IntangibleAssetsOtherThanGoodwill2024-02-2913228073core:LandBuildings2024-02-2913228073core:PlantMachinery2024-02-2913228073core:Vehicles2024-02-2913228073core:FurnitureFittings2024-02-2913228073core:OfficeEquipment2024-02-2913228073core:AfterOneYear2024-02-2913228073core:WithinOneYear2024-02-2913228073core:ListedExchangeTraded2024-02-2913228073core:UnlistedNon-exchangeTraded2024-02-2913228073core:ShareCapital2024-02-2913228073core:SharePremium2024-02-2913228073core:RevaluationReserve2024-02-2913228073core:OtherReservesSubtotal2024-02-2913228073core:RetainedEarningsAccumulatedLosses2024-02-2913228073core:NetGoodwill2023-02-2813228073core:IntangibleAssetsOtherThanGoodwill2023-02-2813228073core:LandBuildings2023-02-2813228073core:PlantMachinery2023-02-2813228073core:Vehicles2023-02-2813228073core:FurnitureFittings2023-02-2813228073core:OfficeEquipment2023-02-2813228073core:AfterOneYear2023-02-2813228073core:WithinOneYear2023-02-2813228073core:ListedExch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KEDAR CAPITAL LTD

Registered Number
13228073
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

KEDAR CAPITAL LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

JABLONSKA, Emilia
JABLONSKI, Radoslaw

Registered Address

124 City Road
London
EC1V 2NX

Registered Number

13228073 (England and Wales)
KEDAR CAPITAL LTD
Statement of Financial Position
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets351,59612,235
51,59612,235
Current assets
Cash at bank and on hand16,02410,589
16,02410,589
Creditors amounts falling due within one year(57,055)(38,636)
Net current assets (liabilities)(41,031)(28,047)
Total assets less current liabilities10,565(15,812)
Net assets10,565(15,812)
Capital and reserves
Called up share capital100100
Other reserves27,4111,235
Profit and loss account(16,946)(17,147)
Shareholders' funds10,565(15,812)
The financial statements were approved and authorised for issue by the Board of Directors on 5 November 2024, and are signed on its behalf by:
JABLONSKA, Emilia
Director
JABLONSKI, Radoslaw
Director

Registered Company No. 13228073
KEDAR CAPITAL LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. 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.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
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.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Dividend income
Dividend income is recognised when the right to receive payment is established.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets comprise primarily digital assets. These are initially recorded and then held at cost. At disposal the weighted average cost (WAC) is applied to the proportion of the assets disposed. Gains or losses are recognised on disposal of the assets into cash or when exchanged for services at the GBP cost of receiving the services. The gain or losses are calculated as the difference between the WAC and the market value at disposal. Intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.
Cryptocurrency assets
Cryptocurrency assets (under IAS 38) are recorded as intangible assets and can be measured at either cost or revaluation. The company has elected to measure them at revaluation as there is now an active market across many digital exchanges. Therefore, these are recognised at fair value. The assets are held for investment purposes and therefore cannot be recognised as stock as they are not being held for sale in the ordinary course of business.
2.Average number of employees

20242023
Average number of employees during the year22
3.Intangible assets

Total

£
Cost or valuation
At 01 March 2312,235
Revaluations39,361
At 29 February 2451,596
Net book value
At 29 February 2451,596
At 28 February 2312,235
4.Useful life of intangible assets
An intangible asset with an indefinite useful life is not amortised but must be tested annually for impairment. The company recognise digital assets as intangible asset with an indefinite useful life, therefore there is no amortisation.
5.Revaluation of intangible assets
For intangible assets, the company applied the Revaluation model, where per IAS 38 a revaluation increase is recognised in other comprehensive income and accumulated in equity. A revaluation loss is recognised in profit or loss.

2024

2023

££
Intangible assets39,36112,235