Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-27No description of principal activitytrue2023-06-01false11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09612876 2023-06-01 2024-05-31 09612876 2022-06-01 2023-05-31 09612876 2024-05-31 09612876 2023-05-31 09612876 c:Director1 2023-06-01 2024-05-31 09612876 d:CurrentFinancialInstruments 2024-05-31 09612876 d:CurrentFinancialInstruments 2023-05-31 09612876 d:Non-currentFinancialInstruments 2024-05-31 09612876 d:Non-currentFinancialInstruments 2023-05-31 09612876 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09612876 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09612876 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 09612876 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 09612876 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 09612876 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 09612876 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 09612876 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 09612876 d:ShareCapital 2024-05-31 09612876 d:ShareCapital 2023-05-31 09612876 d:RetainedEarningsAccumulatedLosses 2024-05-31 09612876 d:RetainedEarningsAccumulatedLosses 2023-05-31 09612876 c:FRS102 2023-06-01 2024-05-31 09612876 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09612876 c:FullAccounts 2023-06-01 2024-05-31 09612876 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09612876 2 2023-06-01 2024-05-31 09612876 6 2023-06-01 2024-05-31 09612876 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 09612876









K4NDY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
K4NDY LIMITED
REGISTERED NUMBER: 09612876

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
590,248
1,382,415

  
590,248
1,382,415

Current assets
  

Debtors: amounts falling due within one year
 4 
90,516
27,226

Cash at bank and in hand
 5 
399,191
843,222

  
489,707
870,448

Creditors: amounts falling due within one year
 6 
(740,767)
(1,964,984)

Net current liabilities
  
 
 
(251,060)
 
 
(1,094,536)

Total assets less current liabilities
  
339,188
287,879

Creditors: amounts falling due after more than one year
 7 
-
(22,492)

  

Net assets
  
339,188
265,387


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
338,188
264,387

  
339,188
265,387


Page 1

 
K4NDY LIMITED
REGISTERED NUMBER: 09612876
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The director considers 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 director acknowledges his 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 by: 




Yonni Abramson
Director

Date: 27 May 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
K4NDY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

K4ndy Limited is a private company limited by shares and incorporated in England and Wales (registered number  09612876). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W  6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss 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 in the countries where the Company operates and generates income.


 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 3

 
K4NDY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.7

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 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.

 
2.9

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.


Fixed asset investments





Investments in subsidiary companies
Investments in associates
Unlisted investments
Investment in joint ventures
Total

£
£
£
£
£



Cost or valuation


At 1 June 2023
50
180,000
835,935
366,430
1,382,415


Additions
-
-
398,000
-
398,000


Disposals
-
-
(823,737)
(366,430)
(1,190,167)



At 31 May 2024
50
180,000
410,198
-
590,248




All investments are held at cost.

Page 4

 
K4NDY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Debtors

2024
2023
£
£


Other debtors
90,516
27,226

90,516
27,226



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
399,191
843,222

Less: bank overdrafts
-
(461,838)

399,191
381,384



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
461,838

Bank loans
-
716,612

Other loans
438,610
482,000

Corporation tax
23,008
25,387

Other creditors
279,149
279,147

740,767
1,964,984



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
22,492

-
22,492


Page 5

 
K4NDY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
-
716,612

Other loans
438,610
482,000


438,610
1,198,612

Amounts falling due 1-2 years

Bank loans
-
10,648


-
10,648

Amounts falling due 2-5 years

Bank loans
-
11,844


-
11,844


438,610
1,221,104


 
Page 6