Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 6552828 Mr Chi-Yuen Li Mrs Yu Kei Li true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6552828 2023-03-31 6552828 2024-03-31 6552828 2023-04-01 2024-03-31 6552828 frs-core:CurrentFinancialInstruments 2024-03-31 6552828 frs-core:ComputerEquipment 2024-03-31 6552828 frs-core:ComputerEquipment 2023-04-01 2024-03-31 6552828 frs-core:ComputerEquipment 2023-03-31 6552828 frs-core:ShareCapital 2024-03-31 6552828 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 6552828 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 6552828 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 6552828 frs-bus:SmallEntities 2023-04-01 2024-03-31 6552828 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 6552828 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 6552828 1 2023-04-01 2024-03-31 6552828 frs-bus:Director1 2023-04-01 2024-03-31 6552828 frs-bus:Director2 2023-04-01 2024-03-31 6552828 frs-countries:EnglandWales 2023-04-01 2024-03-31 6552828 2022-03-31 6552828 2023-03-31 6552828 2022-04-01 2023-03-31 6552828 frs-core:CurrentFinancialInstruments 2023-03-31 6552828 frs-core:ShareCapital 2023-03-31 6552828 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 6552828
CYKNAL LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 6552828
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,684 1,146
1,684 1,146
CURRENT ASSETS
Debtors 5 2,096 -
Cash at bank and in hand 61,063 69,005
63,159 69,005
Creditors: Amounts Falling Due Within One Year 6 (26,685 ) (26,961 )
NET CURRENT ASSETS (LIABILITIES) 36,474 42,044
TOTAL ASSETS LESS CURRENT LIABILITIES 38,158 43,190
NET ASSETS 38,158 43,190
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 38,157 43,189
SHAREHOLDERS' FUNDS 38,158 43,190
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Chi-Yuen Li
Director
08/05/2024
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
CYKNAL LTD is a private company, limited by shares, incorporated in England & Wales, registered number 6552828 . The registered office is Radius House, 51 Clarendon Road, Watford, WD17 1HP.
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. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. 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:
Computer Equipment 33.33%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,719
Additions 1,379
As at 31 March 2024 3,098
Depreciation
As at 1 April 2023 573
Provided during the period 841
As at 31 March 2024 1,414
Net Book Value
As at 31 March 2024 1,684
As at 1 April 2023 1,146
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,096 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 180 180
Bank loans and overdrafts 33 -
Corporation tax 20,017 17,184
VAT 5,803 5,160
Other creditors 652 4,437
26,685 26,961
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling parties are Chi-Yuen Li (50%) & Yu Kei Li (50%) by virtue of their ownership of the issued share capital in the company.
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