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REGISTERED NUMBER: 08154892 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

KCD London Limited

KCD London Limited (Registered number: 08154892)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KCD London Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Ms N Richards
R Shah





REGISTERED OFFICE: Ground Floor
118-120 Great Titchfield Street
London
W1W 6SR





REGISTERED NUMBER: 08154892 (England and Wales)





ACCOUNTANTS: Turner Hampton
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

KCD London Limited (Registered number: 08154892)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 18,636 21,721

CURRENT ASSETS
Debtors 5 443,579 606,134
Cash at bank and in hand 365,640 696,884
809,219 1,303,018
CREDITORS
Amounts falling due within one year 6 (1,346,819 ) (1,877,459 )
NET CURRENT LIABILITIES (537,600 ) (574,441 )
TOTAL ASSETS LESS CURRENT LIABILITIES (518,964 ) (552,720 )

CREDITORS
Amounts falling due after more than one
year

7

(9,765

)

(20,162

)

PROVISIONS FOR LIABILITIES (4,659 ) (5,430 )
NET LIABILITIES (533,388 ) (578,312 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (533,488 ) (578,412 )
SHAREHOLDERS' FUNDS (533,388 ) (578,312 )

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

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

The directors acknowledge their 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.

KCD London Limited (Registered number: 08154892)

Balance Sheet - continued
31 December 2024


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 Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:





Ms N Richards - Director


KCD London Limited (Registered number: 08154892)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

KCD London Limited 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. ACCOUNTING POLICIES

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

The financial statements have been prepared on a going concern basis. The directors consider this basis appropriate as the company has received assurances from its parent company that it will not demand payment of amounts owed until the company is in a position to make repayment without prejudicing its ability to continue to trade as a going concern.

Revenue
Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Improvements to property - over the term of the lease
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

Taxation
Taxation for the year 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.


KCD London Limited (Registered number: 08154892)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 37,912 72,374 70,140 180,426
Additions - 664 3,864 4,528
At 31 December 2024 37,912 73,038 74,004 184,954
DEPRECIATION
At 1 January 2024 37,222 64,639 56,844 158,705
Charge for year 345 2,024 5,244 7,613
At 31 December 2024 37,567 66,663 62,088 166,318
NET BOOK VALUE
At 31 December 2024 345 6,375 11,916 18,636
At 31 December 2023 690 7,735 13,296 21,721

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 213,826 187,832
Other debtors 229,753 418,302
443,579 606,134

KCD London Limited (Registered number: 08154892)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 10,397 10,140
Trade creditors 123,630 98,077
Amounts owed to group undertakings 1,164,242 1,681,829
Taxation and social security 41,957 37,494
Other creditors 6,593 49,919
1,346,819 1,877,459

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 9,765 20,162

8. ULTIMATE CONTROLLING PARTY

In the opinion of the directors, the company's ultimate parent company and ultimate controlling party is KCD Inc, a company incorporated in the United States of America..