Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 February 2022 false 1 January 2023 31 December 2023 31 December 2023 OC397483 Mr Ahmet Basmaci Mr Mazhar Basmaci iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC397483 2022-12-31 OC397483 2023-12-31 OC397483 2023-01-01 2023-12-31 OC397483 frs-core:CurrentFinancialInstruments 2023-12-31 OC397483 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC397483 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC397483 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 OC397483 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC397483 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC397483 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC397483 frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC397483 frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC397483 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC397483 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC397483 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC397483 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC397483 frs-core:CurrentFinancialInstruments 1 2023-12-31 OC397483 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC397483 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC397483 frs-bus:PartnerLLP2 2023-01-01 2023-12-31 OC397483 2022-01-31 OC397483 2022-12-31 OC397483 2022-02-01 2022-12-31 OC397483 frs-core:CurrentFinancialInstruments 2022-12-31 OC397483 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: OC397483
Kentkart International LLP
Unaudited Financial Statements
For The Year Ended 31 December 2023
ACTS Global Ltd
3rd Floor, Norvin House
45-55 Commercial Street
London
E1 6BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC397483
31 December 2023 31 December 2022
Notes $ $ $ $
FIXED ASSETS
Investments 4 115,266 115,266
115,266 115,266
CURRENT ASSETS
Debtors 5 755,520 755,520
Investments 6 2,661,306 858,813
Cash at bank and in hand 197,871 1,598,119
3,614,697 3,212,452
Creditors: Amounts Falling Due Within One Year 7 (1,289,580 ) (1,213,331 )
NET CURRENT ASSETS (LIABILITIES) 2,325,117 1,999,121
TOTAL ASSETS LESS CURRENT LIABILITIES 2,440,383 2,114,387
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,440,383 2,114,387
REPRESENTED BY:
Equity
Members' other interests
Other reserves 2,440,383 2,114,387
2,440,383 2,114,387
TOTAL MEMBERS' INTEREST
Members' other interests 2,440,383 2,114,387
2,440,383 2,114,387
Page 1
Page 2
For the year ending 31 December 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
The financial statements were approved by the members on 12 June 2024 and were signed on their behalf by:
Mr Ahmet Basmaci
Designated Member
12th June 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kentkart International LLP is a limited liability partnership, incorporated in England & Wales, registered number OC397483 . The Registered Office is 3rd Floor Norvin House , 45-55 Commercial Street, London, E1 6BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in US dollar which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Financial Instruments
The limited liability partnership has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the limited liability partnership's statement of financial position when the limited liability partnership becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into US dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US dollars at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investments
Unlisted
$
Cost
As at 1 January 2023 115,266
As at 31 December 2023 115,266
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 115,266
As at 1 January 2023 115,266
Page 3
Page 4
5. Debtors
31 December 2023 31 December 2022
$ $
Due within one year
Trade debtors 755,520 755,520
6. Current Asset Investments
31 December 2023 31 December 2022
$ $
Unlisted investments 2,230,868 654,237
Short term deposits 430,438 204,576
2,661,306 858,813
7. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
$ $
Trade creditors 686,735 606,734
Bank loans and overdrafts 63 -
Other borrowings 601,701 601,701
Accruals and deferred income 1,081 4,896
1,289,580 1,213,331
Page 4