Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 04956688 Mr Mark Stanton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04956688 2022-11-30 04956688 2023-11-30 04956688 2022-12-01 2023-11-30 04956688 frs-core:CurrentFinancialInstruments 2023-11-30 04956688 frs-core:FurnitureFittings 2023-11-30 04956688 frs-core:FurnitureFittings 2022-12-01 2023-11-30 04956688 frs-core:FurnitureFittings 2022-11-30 04956688 frs-core:ShareCapital 2023-11-30 04956688 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 04956688 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04956688 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 04956688 frs-bus:SmallEntities 2022-12-01 2023-11-30 04956688 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04956688 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04956688 frs-core:ListedExchangeTraded 2023-11-30 04956688 frs-core:ListedExchangeTraded 2022-11-30 04956688 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-11-30 04956688 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-30 04956688 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-11-30 04956688 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 04956688 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 04956688 frs-bus:Director1 2022-12-01 2023-11-30 04956688 frs-bus:Director1 2022-11-30 04956688 frs-bus:Director1 2023-11-30 04956688 frs-core:CurrentFinancialInstruments 1 2023-11-30 04956688 frs-countries:EnglandWales 2022-12-01 2023-11-30 04956688 2021-11-30 04956688 2022-11-30 04956688 2021-12-01 2022-11-30 04956688 frs-core:CurrentFinancialInstruments 2022-11-30 04956688 frs-core:ShareCapital 2022-11-30 04956688 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 04956688 frs-core:CurrentFinancialInstruments 1 2022-11-30
Registered number: 04956688
Kelmera Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Cara Chapman
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04956688
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 420 561
Investments 5 65,327 64,997
65,747 65,558
CURRENT ASSETS
Debtors 6 394,089 394,445
Cash at bank and in hand 96,473 97,452
490,562 491,897
Creditors: Amounts Falling Due Within One Year 7 (850 ) (992 )
NET CURRENT ASSETS (LIABILITIES) 489,712 490,905
TOTAL ASSETS LESS CURRENT LIABILITIES 555,459 556,463
NET ASSETS 555,459 556,463
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 555,458 556,462
SHAREHOLDERS' FUNDS 555,459 556,463
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For the year ending 30 November 2023 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 Mark Stanton
Director
05/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kelmera Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04956688 . The registered office is 16 The Knoll, Beckenham, Kent, BR3 5JW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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:
Fixtures & Fittings 25% reducing balance
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2022 4,617
As at 30 November 2023 4,617
Depreciation
As at 1 December 2022 4,056
Provided during the period 141
As at 30 November 2023 4,197
...CONTINUED
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Net Book Value
As at 30 November 2023 420
As at 1 December 2022 561
5. Investments
Listed
£
Cost
As at 1 December 2022 28,223
As at 30 November 2023 28,223
Provision
As at 1 December 2022 (36,774 )
Added in period (330 )
As at 30 November 2023 (37,104 )
Net Book Value
As at 30 November 2023 65,327
As at 1 December 2022 64,997
6. Debtors
2023 2022
£ £
Due within one year
Other debtors (72 ) 412
Loans 394,000 394,000
Other taxes and social security 19 33
Director's loan account 142 -
394,089 394,445
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 850 850
Director's loan account - 142
850 992
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Mark Stanton - 141 - - 141
The above loan is unsecured, interest free and repayable on demand.
The loan was repaid in full within 9 months of the Balance Sheet date.
10. Related Party Transactions
Included in Debtors is a loan to a company owned and controlled by Mr M Stanton. The loan is interest free and repayable on demand.
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