Company Registration No. 05692024 (England and Wales)
Kadale Consultants (UK) Limited
Unaudited accounts
for the year ended 31 March 2025
Kadale Consultants (UK) Limited
Unaudited accounts
Contents
Kadale Consultants (UK) Limited
Company Information
for the year ended 31 March 2025
Directors
C R J Agar
Dr F A Vose
Company Number
05692024 (England and Wales)
Registered Office
21 Orchard Avenue
Southgate
London
N14 4NB
UK
Kadale Consultants (UK) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
222
10,934
Cash at bank and in hand
163,349
59,265
Creditors: amounts falling due within one year
(220,701)
(225,435)
Net current assets
824,844
485,965
Total assets less current liabilities
825,066
496,899
Provisions for liabilities
Net assets
825,010
494,166
Called up share capital
4
4
Profit and loss account
823,010
492,166
Shareholders' funds
825,010
494,166
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by
C R J Agar
Director
Company Registration No. 05692024
Kadale Consultants (UK) Limited
Notes to the Accounts
for the year ended 31 March 2025
Kadale Consultants (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05692024. The registered office is 21 Orchard Avenue, Southgate, London, N14 4NB, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill arising from a third party business acquisition 33.3%
Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure. Work in progress is valued at net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Kadale Consultants (UK) Limited
Notes to the Accounts
for the year ended 31 March 2025
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company makes contributions to personal pension schemes which are defined contribution schemes. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end..
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
50,565
7,913
58,478
Additions
1,228
1,530
2,758
Disposals
(51,793)
(6,828)
(58,621)
At 31 March 2025
-
2,615
2,615
At 1 April 2024
40,713
6,831
47,544
Charge for the year
2,693
844
3,537
On disposals
(43,406)
(5,282)
(48,688)
At 31 March 2025
-
2,393
2,393
At 31 March 2025
-
222
222
At 31 March 2024
9,852
1,082
10,934
Kadale Consultants (UK) Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
93,364
69,229
Accrued income and prepayments
-
4,123
Other debtors
788,832
572,332
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
11,269
13,628
Taxes and social security
130,986
58,047
Other creditors
4,950
4,950
Loans from directors
62,660
125,765
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
5,250
5,250
Later than one year and not later than five years
-
14,500
The balances on the directors` current accounts with the company at the balance sheet date were: C.R.J. Agar £35,660 credit (2024: £63,365 credit); Dr F.A. Vose £27,000 credit (2024: £62,400 credit); all balances owed by the company to the directors. These balances are unsecured, interest free, repayable on demand and were in credit throughout the year.
Kadale Consultants (UK) Limited
Notes to the Accounts
for the year ended 31 March 2025
11
Transactions with related parties
During the year, the company bought consultancy services on an arms length basis from Kadale Consultants Ltd, a company registered in Malawi, in the sum of £74,507 (2024: £44,915). C.R.J. Agar was a director and controlling shareholder of both companies. Dr F.A.Vose was a director and controlling shareholder of Kadale Consultants (UK) Ltd and also a controlling shareholder of Kadale Consultants Ltd.
At the year end, the balance on the loans advanced by the company to Moorhead Development Ltd (a company registered in England and Wales) was £786,880 (2024: £570,380). The loans were interest free, unsecured and repayable with six months notice. The maximum amount outstanding during the year was £796,880. C.R.J. Agar and Dr F.A.Vose were directors and controlling shareholders of both companies.
The ultimate owners of the company at the balance sheet date are Dr F.A.Vose and C.R.J.Agar who each own 50% of the issued share capital and who are associated parties.
13
Average number of employees
During the year the average number of employees was 6 (2024: 8).