ACCOUNTS - Final Accounts

Registered number: 09604529

KADENWOOD PARTNERS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


KADENWOOD PARTNERS LIMITED

CONTENTS

	Page
Statement of financial position	1
Notes to the financial statements	2 - 5


KADENWOOD PARTNERS LIMITED REGISTERED NUMBER:09604529

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible fixed assets			320		915
Current assets
Debtors: amounts falling due within one year	5	32,935		26,304
Bank and cash balances		182,191		281,753
		215,126		308,057
Curent liabilities
Creditors: amounts falling due within one year	6	(68,117)		(64,299)
Net current assets			147,009		243,758

Net assets			147,329		244,673

Capital and reserves
Called up share capital	7	300	300
Profit and loss account		147,029	244,373
		147,329	244,673

The directors consider 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 directors acknowledge their 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 on 3 June 2025.

S J Woroch

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


KADENWOOD PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Kadenwood Partners Limited is a private limited liability company incorporated in England and Wales. Its registered office and business address is at First Floor, Devonshire House, One Mayfair Place, London W1J 8AJ.
The principal activity of the company throughout the year was the provision of consultancy services.

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

Turnover

Turnover comprises revenue recognised by the company in respect of consultancy services supplied during the period, exclusive of Value Added Tax. Revenue from consultancy services are recognised when the service is provided and the right to receive consideration is established.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

straight line over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 2


KADENWOOD PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Basic financial instruments

The company only enters into transactions that result in the recognition of basic financial assets and basic financial liabilities.
Basic financial assets, such as trade and other debtors, are initially recognised at the transaction price less attributable transaction costs. Basic financial liabilities, such as trade and other creditors, are initially recognised at the transaction price plus attributable transaction costs. Subsequently, they are measured at amortised cost using the effective interest method, less any impairment losses in the case of basic financial assets.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.5

Foreign currency translation

The company's functional and presentational currency is £ sterling.
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.

2.6

Dividends

Equity dividends are recognised when they become legally payable.

2.7

Current taxation

Tax is recognised in the Statement of Comprehensive Income, 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.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3


KADENWOOD PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	At 1 January 2024	4,503
	At 31 December 2024	4,503
	Depreciation
	At 1 January 2024	3,588
	Charge for the year on owned assets	596
	At 31 December 2024	4,184
	Net book value
	At 31 December 2024	319
	At 31 December 2023	915

Debtors

					2024	2023
					£	£


Trade debtors	15,825	14,307
Other debtors	-	841
Prepayments and accrued income	17,110	11,156
	32,935	26,304

Page 4


KADENWOOD PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	339	384
Other taxation and social security	54,598	25,156
Other creditors	6,486	32,296
Accruals and deferred income	6,694	6,463
	68,117	64,299

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

213 Ordinary A shares of £1 each	213	300
87 Ordinary B shares of £1 each	87	-

	300	300

The ordinary A and B shares rank pari passu in all respects.
During the year, the company re-designated 300 ordinary shares into 213 Ordinary A shares and 87 ordinary B shares of £1 each.

Page 5