7 01/01/2024 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14235684 2024-01-01 2024-12-31 14235684 2024-12-31 14235684 2023-12-31 14235684 2023-01-01 2023-12-31 14235684 2023-12-31 14235684 2022-12-31 14235684 bus:Director1 2024-01-01 2024-12-31 14235684 core:FurnitureFittingsToolsEquipment 2023-12-31 14235684 core:FurnitureFittingsToolsEquipment 2024-12-31 14235684 core:WithinOneYear 2024-12-31 14235684 core:WithinOneYear 2023-12-31 14235684 core:ShareCapital 2024-12-31 14235684 core:ShareCapital 2023-12-31 14235684 core:RetainedEarningsAccumulatedLosses 2024-12-31 14235684 core:RetainedEarningsAccumulatedLosses 2023-12-31 14235684 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 14235684 core:FurnitureFittingsToolsEquipment 2023-12-31 14235684 bus:SmallEntities 2024-01-01 2024-12-31 14235684 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14235684 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14235684 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14235684 bus:FullAccounts 2024-01-01 2024-12-31
Company registration number: 14235684
KYD Analytics Limited
Financial statements
31 December 2024
KYD Analytics Limited
Statement of financial position
31st December 2024
31/12/24 31/12/23
Note £ £ £ £
Fixed assets
Tangible assets 5 2,899 1,454
__________ __________
2,899 1,454
Current assets
Debtors 6 79,294 42,947
Cash at bank and in hand 449,659 655,641
__________ __________
528,953 698,588
Creditors: amounts falling due
within one year 7 ( 49,906) ( 232,529)
__________ __________
Net current assets 479,047 466,059
__________ __________
Total assets less current liabilities 481,946 467,513
__________ __________
Net assets 481,946 467,513
__________ __________
Capital and reserves
Called up share capital 100 100
Profit and loss account 481,846 467,413
__________ __________
Shareholders funds 481,946 467,513
__________ __________
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 19 September 2025 , and are signed on behalf of the board by:
Gareth Isaac
Director
Company registration number: 14235684
KYD Analytics Limited
Notes to the financial statements
Year ended 31st December 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 80 Coleman Street, London, EC2R 5BJ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 %
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
4. Staff costs
The average number of persons employed by the company during the year amounted to 7 (2023: 5 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1st January 2024 2,362 2,362
Additions 2,782 2,782
__________ __________
At 31st December 2024 5,144 5,144
__________ __________
Depreciation
At 1st January 2024 908 908
Charge for the year 1,337 1,337
__________ __________
At 31st December 2024 2,245 2,245
__________ __________
Carrying amount
At 31st December 2024 2,899 2,899
__________ __________
At 31st December 2023 1,454 1,454
__________ __________
6. Debtors
31/12/24 31/12/23
£ £
Trade debtors 79,294 42,947
__________ __________
7. Creditors: amounts falling due within one year
31/12/24 31/12/23
£ £
Trade creditors 114 45,465
Corporation tax 3,050 132,321
Social security and other taxes 17,530 26,139
Other creditors 29,212 28,604
__________ __________
49,906 232,529
__________ __________