Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08980074 Mr Rushnil Sanger Mr Sunil Sanger iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08980074 2023-04-30 08980074 2024-04-30 08980074 2023-05-01 2024-04-30 08980074 frs-core:CurrentFinancialInstruments 2024-04-30 08980074 frs-core:Non-currentFinancialInstruments 2024-04-30 08980074 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 08980074 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08980074 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 08980074 frs-core:ShareCapital 2024-04-30 08980074 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08980074 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08980074 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08980074 frs-bus:SmallEntities 2023-05-01 2024-04-30 08980074 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08980074 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08980074 frs-core:UnlistedNon-exchangeTraded 2024-04-30 08980074 frs-core:UnlistedNon-exchangeTraded 2023-04-30 08980074 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 08980074 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 08980074 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 08980074 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 08980074 frs-bus:Director1 2023-05-01 2024-04-30 08980074 frs-bus:Director2 2023-05-01 2024-04-30 08980074 frs-countries:EnglandWales 2023-05-01 2024-04-30 08980074 2022-04-30 08980074 2023-04-30 08980074 2022-05-01 2023-04-30 08980074 frs-core:CurrentFinancialInstruments 2023-04-30 08980074 frs-core:Non-currentFinancialInstruments 2023-04-30 08980074 frs-core:ShareCapital 2023-04-30 08980074 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08980074
Kilroy Properties Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08980074
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,000 15,000
Investments 5 2,606,718 2,606,718
2,621,718 2,621,718
CURRENT ASSETS
Stocks 6 237,529 237,529
Debtors 7 1,836,110 1,919,636
Cash at bank and in hand 2,298 810
2,075,937 2,157,975
Creditors: Amounts Falling Due Within One Year 8 (3,103,996 ) (3,107,767 )
NET CURRENT ASSETS (LIABILITIES) (1,028,059 ) (949,792 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,593,659 1,671,926
Creditors: Amounts Falling Due After More Than One Year 9 (1,023,953 ) (1,048,912 )
NET ASSETS 569,706 623,014
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 569,606 622,914
SHAREHOLDERS' FUNDS 569,706 623,014
Page 1
Page 2
For the year ending 30 April 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 Sunil Sanger
Director
20/12/2024
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
Kilroy Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08980074 . The registered office is 4 Nutter Lane, London, E11 2HY.
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 receivable. Turnover includes revenue earned from the short term letting of residential flats.
Rental income
Turnover from rental income is recognised in advance, generally at the beginning of each calendar month.
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:
Freehold No depreciation
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Stock relates to residential flats that are for sale.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 May 2023 15,000
As at 30 April 2024 15,000
Net Book Value
As at 30 April 2024 15,000
As at 1 May 2023 15,000
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 May 2023 2,606,718
As at 30 April 2024 2,606,718
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 2,606,718
As at 1 May 2023 2,606,718
6. Stocks
2024 2023
£ £
Finished goods 237,529 237,529
7. Debtors
2024 2023
£ £
Due within one year
Amounts owed by connected companies 1,836,110 1,919,636
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 1,995 31,913
Other creditors 495,654 506,049
Accruals and deferred income 5,000 5,000
Amounts owed to connected companies 2,601,347 2,564,805
3,103,996 3,107,767
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,023,953 1,048,912
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4