Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 February 2022 false 1 April 2023 31 March 2024 31 March 2024 NI666918 Mr Chris Kwong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI666918 2023-03-31 NI666918 2024-03-31 NI666918 2023-04-01 2024-03-31 NI666918 frs-core:CurrentFinancialInstruments 2024-03-31 NI666918 frs-core:FurnitureFittings 2024-03-31 NI666918 frs-core:FurnitureFittings 2023-04-01 2024-03-31 NI666918 frs-core:FurnitureFittings 2023-03-31 NI666918 frs-core:ShareCapital 2024-03-31 NI666918 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI666918 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI666918 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 NI666918 frs-bus:SmallEntities 2023-04-01 2024-03-31 NI666918 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI666918 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI666918 frs-core:CostValuation 2023-03-31 NI666918 frs-core:CostValuation 2024-03-31 NI666918 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 NI666918 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 NI666918 frs-bus:Director1 2023-04-01 2024-03-31 NI666918 frs-countries:NorthernIreland 2023-04-01 2024-03-31 NI666918 2022-01-31 NI666918 2023-03-31 NI666918 2022-02-01 2023-03-31 NI666918 frs-core:CurrentFinancialInstruments 2023-03-31 NI666918 frs-core:ShareCapital 2023-03-31 NI666918 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: NI666918
Chris Kwong Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Gray + Press Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI666918
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,467 6,610
Investments 5 2 2
5,469 6,612
CURRENT ASSETS
Debtors 6 7,059 20,616
Cash at bank and in hand 4,543 42,604
11,602 63,220
Creditors: Amounts Falling Due Within One Year 7 (14,892 ) (27,923 )
NET CURRENT ASSETS (LIABILITIES) (3,290 ) 35,297
TOTAL ASSETS LESS CURRENT LIABILITIES 2,179 41,909
NET ASSETS 2,179 41,909
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 2,178 41,908
SHAREHOLDERS' FUNDS 2,179 41,909
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 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 Chris Kwong
Director
31/10/2024
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
Chris Kwong Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI666918 . The registered office is 11 Cherry Vale, Lisburn, BT28 1LZ.
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 20% Straight Line
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange diferences are taken into account in arriving at the operating profit. 
2.4. Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listen Investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 7,293
Additions 499
As at 31 March 2024 7,792
Depreciation
As at 1 April 2023 683
Provided during the period 1,642
As at 31 March 2024 2,325
Net Book Value
As at 31 March 2024 5,467
As at 1 April 2023 6,610
Page 3
Page 4
5. Investments
Other
£
Cost
As at 1 April 2023 2
As at 31 March 2024 2
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 2
As at 1 April 2023 2
6. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Other debtors 7,059 20,616
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Amounts owed to group undertakings 13,068 24,762
Other creditors 1,824 3,161
14,892 27,923
8. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
Included in other debtors is amounts the company is owed from related parties totalling £7,059 (2023 - £5,106)
Included in other creditors is amounts the company owe to a related party totalling 13,068 (2023-£24,732)
Page 4