Abbreviated Company Accounts - KD INVESTMENTS (LONDON) LTD

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents rents receivable.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment.
No depreciation is provided on the company's freehold properties since in the opinion of the director the expected useful lives are sufficiently long and the estimated values are sufficiently high that any such depreciation would be immaterial. The director undertake an annual impairment review of these properties.

Other accounting policies
The financial statements have been prepared on a going concern basis.The company's on going activities dependent upon the continued support of the director to who has undertaken to provide such support for the foreseeable future.
If going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise to reclassify fixed assets as current assets and long term liabilities as current liabilities.