Acorah Software Products - Accounts Production 12.4.002 false 22 February 2021 28 February 2022 28 February 2022 13215719 Mr Khaled Muhammad iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13215719 2021-02-21 13215719 2022-02-28 13215719 2021-02-22 2022-02-28 13215719 frs-core:CurrentFinancialInstruments 2022-02-28 13215719 frs-core:CurrentFinancialInstruments 2021-02-22 2022-02-28 13215719 frs-core:Non-currentFinancialInstruments 2022-02-28 13215719 frs-core:Non-currentFinancialInstruments 2021-02-22 2022-02-28 13215719 frs-core:CurrentFinancialInstruments 2021-02-22 2022-02-28 13215719 frs-core:CurrentFinancialInstruments 2022-02-28 13215719 frs-core:AfterOneYear 2021-02-22 2022-02-28 13215719 frs-core:BetweenOneFiveYears 2021-02-22 2022-02-28 13215719 frs-core:BetweenOneFiveYears 2022-02-28 13215719 frs-core:ComputerEquipment 2022-02-28 13215719 frs-core:ComputerEquipment 2021-02-22 2022-02-28 13215719 frs-core:ComputerEquipment 2021-02-21 13215719 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Registered number: 13215719
K Group Investment Ltd
Financial Statements
For The Year Ended 28 February 2022
Eve Accountants

26 Chorley New Road
Bolton
BL1 4AP
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13215719
2022
Notes £ £
FIXED ASSETS
Tangible Assets 3 116,703
116,703
CURRENT ASSETS
Debtors 4 1
1
Creditors: Amounts Falling Due Within One Year 5 (117,453 )
NET CURRENT ASSETS (LIABILITIES) (117,452 )
TOTAL ASSETS LESS CURRENT LIABILITIES (749 )
NET LIABILITIES (749 )
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account (750 )
SHAREHOLDERS' FUNDS (749)
For the year ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Khaled Muhammad
Director
13/06/2022
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
1.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL
-
3. Tangible Assets
Investment Properties
£
Cost
As at 22 February 2021 -
Additions 116,703
As at 28 February 2022 116,703
Net Book Value
As at 28 February 2022 116,703
As at 22 February 2021 -
4. Debtors
2022
£
Due within one year
Other debtors 1
1
5. Creditors: Amounts Falling Due Within One Year
2022
£
Other creditors 116,300
Accruals and deferred income 750
Director's loan account 403
117,453
Page 2
Page 3
6. Share Capital
2022
Allotted, Called up and fully paid 1
7. General Information
K Group Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13215719 . The registered office is 72 Britannia Drive, Ashton-On-Ribble, Preston, PR2 2YD.
Page 3