Acorah Software Products - Accounts Production 14.6.300 false true false 11 January 2023 31 January 2024 31 January 2024 14586029 Mr John Byrne Mr Alex Siviter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14586029 2023-01-10 14586029 2024-01-31 14586029 2023-01-11 2024-01-31 14586029 frs-core:CurrentFinancialInstruments 2024-01-31 14586029 frs-core:ShareCapital 2024-01-31 14586029 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14586029 frs-bus:PrivateLimitedCompanyLtd 2023-01-11 2024-01-31 14586029 frs-bus:FilletedAccounts 2023-01-11 2024-01-31 14586029 frs-bus:SmallEntities 2023-01-11 2024-01-31 14586029 frs-bus:AuditExempt-NoAccountantsReport 2023-01-11 2024-01-31 14586029 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-11 2024-01-31 14586029 frs-bus:Director1 2023-01-11 2024-01-31 14586029 frs-bus:Director2 2023-01-11 2024-01-31 14586029 frs-countries:EnglandWales 2023-01-11 2024-01-31
Registered number: 14586029
Kong Holdings Limited
Unaudited Financial Statements
For the Period 11 January 2023 to 31 January 2024
CJM Associates
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14586029
31 January 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 154,174
154,174
CURRENT ASSETS
Cash at bank and in hand 2,506
2,506
Creditors: Amounts Falling Due Within One Year 5 (99,486 )
NET CURRENT ASSETS (LIABILITIES) (96,980 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,194
NET ASSETS 57,194
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account 57,094
SHAREHOLDERS' FUNDS 57,194
For the period ending 31 January 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 Alex Siviter
Director
04/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Kong Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14586029 . The registered office is 11 Biddles Hill, Poolhead Lane, Earlswood, Solihull, B94 5EN.
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 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investment Property
31 January 2024
£
Fair Value
As at 11 January 2023 -
Additions 154,174
As at 31 January 2024 154,174
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 January 2024
£
Cost 154,174
5. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
Bank loans and overdrafts 98,516
Other creditors 970
99,486
Page 2
Page 3
6. Share Capital
31 January 2024
£
Allotted, Called up and fully paid 100
Page 3