Kidto_Ltd_28_Feb_2017_companies_house_set_of_accounts.html

Kidto_Ltd_28_Feb_2017_companies_house_set_of_accounts.html

KIDTO LIMITED - Company Information

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1 March 2016 2.5.7 limited_company_frs_102_section_1a_v1_0_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP094412292016-03-012017-02-28094412292017-02-28094412292016-02-2809441229core:WithinOneYear2017-02-2809441229core:WithinOneYear2016-02-2809441229core:AfterOneYear2017-02-2809441229core:AfterOneYear2016-02-2809441229core:ShareCapital2017-02-2809441229core:ShareCapital2016-02-2809441229core:RetainedEarningsAccumulatedLosses2017-02-2809441229core:RetainedEarningsAccumulatedLosses2016-02-2809441229bus:Director12016-03-012017-02-2809441229bus:RegisteredOffice2016-03-012017-02-2809441229core:CostValuation2017-02-280944122912016-03-012017-02-2809441229bus:AuditExemptWithAccountantsReport2016-03-012017-02-2809441229bus:PrivateLimitedCompanyLtd2016-03-012017-02-2809441229bus:SmallEntities2016-03-012017-02-2809441229bus:AbridgedAccounts2016-03-012017-02-28
Company registration number:
09441229
Kidto Ltd
Unaudited Filleted Abridged Financial Statements for the year ended
28 February 2017
Kidto Ltd
Report to the director on the preparation of the unaudited statutory abridged financial statements of Kidto Ltd
Year ended
28 February 2017
As described on the statement of financial position, the Board of Directors of
Kidto Ltd
are responsible for the preparation of the
abridged financial statements
for the year ended
28 February 2017
, which comprise the abridged income statement, abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Kidto Ltd
5 Park Lodge
Park Close
London
SW1X 7PH
United Kingdom
Kidto Ltd
Abridged Statement of Financial Position
28 February 2017
20172016
Note££
Fixed assets    
Investments 4
967,286
 
967,286
 
Current assets    
Debtors
6,667
  -  
Creditors: amounts falling due within one year
(31,086
 )
100
 
Net current (liabilities)/assets
(24,419
 )
100
 
Total assets less current liabilities 942,867   967,386  
Creditors: amounts falling due after more than one year
(969,329
 )
(969,329
 )
Net liabilities
(26,462
 )
(1,943
 )
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(26,562
 )
(2,043
 )
Shareholders deficit
(26,462
 )
(1,943
 )
For the year ending
28 February 2017
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
These
abridged 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.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
28 November 2017
, and are signed on behalf of the board by:
Dr Yuri Rapoport
Director
Company registration number:
09441229
Kidto Ltd
Notes to the Abridged Financial Statements
Year ended
28 February 2017

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
5 Park Lodge
,
Park Close
,
London
,
SW1X 7PH
, United Kingdom.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received, net of discounts and Value Added Tax.

Fixed asset investments


Fixed Asset is amended to Investments. It was incorrectly stated as Tangible Asset in the period ending 28 February 2016.

Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.

4 Fixed assets

Investments
£
Cost  
At
1 March 2016
and
28 February 2017
967,286
 
Impairment  
At
1 March 2016
and
28 February 2017
 -  
Carrying amount  
At
28 February 2017
967,286
 
At 28 February 2016
967,286