Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 4 January 2022 false 1 February 2023 31 January 2024 31 January 2024 13827575 Mr Alexander McFarlane Ms Mélodie LAMARQUE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13827575 2023-01-31 13827575 2024-01-31 13827575 2023-02-01 2024-01-31 13827575 frs-core:CurrentFinancialInstruments 2024-01-31 13827575 frs-core:ComputerEquipment 2024-01-31 13827575 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13827575 frs-core:ComputerEquipment 2023-01-31 13827575 frs-core:FurnitureFittings 2024-01-31 13827575 frs-core:FurnitureFittings 2023-02-01 2024-01-31 13827575 frs-core:FurnitureFittings 2023-01-31 13827575 frs-core:ShareCapital 2024-01-31 13827575 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13827575 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13827575 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13827575 frs-bus:SmallEntities 2023-02-01 2024-01-31 13827575 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13827575 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13827575 frs-bus:Director1 2023-02-01 2024-01-31 13827575 frs-bus:Director2 2023-02-01 2024-01-31 13827575 frs-countries:EnglandWales 2023-02-01 2024-01-31 13827575 2022-01-03 13827575 2023-01-31 13827575 2022-01-04 2023-01-31 13827575 frs-core:CurrentFinancialInstruments 2023-01-31 13827575 frs-core:ShareCapital 2023-01-31 13827575 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13827575
Keyring.Network Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13827575
31 January 2024 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,538 3,513
3,538 3,513
CURRENT ASSETS
Debtors 5 3,809,176 104,641
Cash at bank and in hand 21,991 250,671
3,831,167 355,312
Creditors: Amounts Falling Due Within One Year 6 (37,166 ) (4,176 )
NET CURRENT ASSETS (LIABILITIES) 3,794,001 351,136
TOTAL ASSETS LESS CURRENT LIABILITIES 3,797,539 354,649
NET ASSETS 3,797,539 354,649
CAPITAL AND RESERVES
Called up share capital 7 5,652,274 887,899
Profit and Loss Account (1,854,735 ) (533,250 )
SHAREHOLDERS' FUNDS 3,797,539 354,649
Page 1
Page 2
For the year 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 Alexander McFarlane
Director
Ms Mélodie LAMARQUE
Director
27th November 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
Keyring.Network Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13827575 . The registered office is 67 Henley Way, West Hallam, Ilkeston, DE7 6PJ.
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 Straight Line 33%
Computer Equipment Straight Line 33%
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 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: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 - 4,400 4,400
Additions 1,368 334 1,702
As at 31 January 2024 1,368 4,734 6,102
Depreciation
As at 1 February 2023 - 887 887
Provided during the period 114 1,563 1,677
As at 31 January 2024 114 2,450 2,564
Net Book Value
As at 31 January 2024 1,254 2,284 3,538
As at 1 February 2023 - 3,513 3,513
Page 3
Page 4
5. Debtors
31 January 2024 31 January 2023
£ £
Due within one year
Other debtors 3,696,041 98,197
VAT 6,455 6,444
Amounts owed by Intercompany 106,680 -
3,809,176 104,641
6. Creditors: Amounts Falling Due Within One Year
31 January 2024 31 January 2023
£ £
Trade creditors 37,166 4,176
7. Share Capital
31 January 2024 31 January 2023
£ £
Allotted, Called up and fully paid 5,652,274 887,899
Page 4