Company Registration No. 16183595 (England and Wales)
Cardamon Ltd
Unaudited accounts
for the period from 14 January 2025 to 31 December 2025
Cardamon Ltd
Unaudited accounts
Contents
Cardamon Ltd
Company Information
for the period from 14 January 2025 to 31 December 2025
Company Number
16183595 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
United Kingdom
Cardamon Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
77,814
Creditors: amounts falling due within one year
(303,724)
Net current liabilities
(223,988)
Profit and loss account
(140,261)
Shareholders' funds
(140,261)
For the period ending 31 December 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 director acknowledges his 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 and authorised for issue on 12 June 2026 and were signed on its behalf by
Areg Nzsdejan
Director
Company Registration No. 16183595
Cardamon Ltd
Notes to the Accounts
for the period from 14 January 2025 to 31 December 2025
Cardamon Ltd is a private company, limited by shares, registered in England and Wales, registration number 16183595. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
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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.
These financial statements for the period from 14 January 2025 to 31 December 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 14 January 2025.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. 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 included at cost less accumulated amortisation.
Related Party Disclosures
At the balance sheet date, included in Creditors - Due to Group Undertakings is an amount of £2,88,780.56 owed to Openwealth, Inc (US enity) the immediate and ultimate parent company
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Intangible fixed assets
Other
At 31 December 2025
86,193
Charge for the period
3,588
At 31 December 2025
82,605
Cardamon Ltd
Notes to the Accounts
for the period from 14 January 2025 to 31 December 2025
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
Amounts owed to group undertakings and other participating interests
288,781
Taxes and social security
6,901
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Average number of employees
During the period the average number of employees was 3.