Kandoo Capital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07313507 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

KANDOO CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R R Shah MSc FRICS

N Thanki

REGISTERED OFFICE:

55A Welbeck Street

London

W1G 9XQ

REGISTERED NUMBER:

07313507 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

9 Mansfield Street

London

W1G 9NY

CURRENT ASSETS

Debtors

4

900

550,189

Cash at bank

-

776

900

550,965

CREDITORS

Amounts falling due within one year

5

-

2,100

NET CURRENT ASSETS

900

548,865

TOTAL ASSETS LESS CURRENT LIABILITIES

900

548,865

CAPITAL AND RESERVES

Called up share capital

900

900

Retained earnings

6

-

547,965

SHAREHOLDERS' FUNDS

900

548,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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.

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 19 May 2021 and were signed on its behalf by:

R R Shah MSc FRICS - Director

1.	STATUTORY INFORMATION

Kandoo Capital 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.

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.

FOREIGN CURRENCIES

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Amounts owed by group undertakings

599

361,686

Other debtors

301

188,503

900

550,189

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other creditors

-

2,100

6.

RESERVES

Retained

earnings

£

At 1 January 2020

547,965

Profit for the year

1,323

Dividends

(549,288

)

At 31 December 2020

-

7.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £599 (2019 - £361,685) by its parent undertaking, Saffron Capital Limited.