KARD ASSOCIATES LTD


Director	Kezia Alexandra Ross Dugdale


Registered Address	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ


Registered Number	15639101 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		1,936
			1,936
Current assets
Debtors	4	332
Cash at bank and on hand		5,192
		5,524
Creditors amounts falling due within one year	5	(3,953)
Net current assets (liabilities)			1,571
Total assets less current liabilities			3,507
Creditors amounts falling due after one year	6		(129)
Provisions for liabilities			(368)
Net assets			3,010
Capital and reserves
Called up share capital			10
Profit and loss account			3,000
Shareholders' funds			3,010

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 3 December 2025, and are signed on its behalf by:

Kezia Alexandra Ross Dugdale
Director
Registered Company No. 15639101

KARD ASSOCIATES LTD

Notes to the Financial Statements
for the period ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixed assets are stated at cost, being purchase price, less accumulated depreciation.


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	2,481	2,481
At 31 March 25	2,481	2,481
Depreciation and impairment
Charge for year	545	545
At 31 March 25	545	545
Net book value
At 31 March 25	1,936	1,936
At 11 April 24	-	-

4.	Debtors: amounts due within one year

		2025
		£
	Prepayments and accrued income	332
	Total	332

5.	Creditors: amounts due within one year

		2025
		£
	Bank borrowings and overdrafts	514
	Taxation and social security	488
	Other creditors	1,810
	Accrued liabilities and deferred income	1,141
	Total	3,953

6.	Creditors: amounts due after one year

		2025
		£
	Bank borrowings and overdrafts	129
	Total	129