Acorah Software Products - Accounts Production 15.0.400 false true true 31 May 2023 18 May 2022 false 1 June 2023 31 May 2024 31 May 2024 14115442 Mr Martin Andreasen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14115442 2023-05-31 14115442 2024-05-31 14115442 2023-06-01 2024-05-31 14115442 frs-core:CurrentFinancialInstruments 2024-05-31 14115442 frs-core:ShareCapital 2024-05-31 14115442 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14115442 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14115442 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14115442 frs-bus:SmallEntities 2023-06-01 2024-05-31 14115442 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14115442 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14115442 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31 14115442 frs-bus:OrdinaryShareClass1 2024-05-31 14115442 frs-bus:Director1 2023-06-01 2024-05-31 14115442 frs-countries:EnglandWales 2023-06-01 2024-05-31 14115442 2022-05-17 14115442 2023-05-31 14115442 2022-05-18 2023-05-31 14115442 frs-core:CurrentFinancialInstruments 2023-05-31 14115442 frs-core:ShareCapital 2023-05-31 14115442 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 14115442 frs-bus:OrdinaryShareClass1 2022-05-18 2023-05-31
Registered number: 14115442
Key33 Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Yates & Co (Accountants) Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14115442
31 May 2024 31 May 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 4,493 7,088
Cash at bank and in hand 10,108 3,070
14,601 10,158
Creditors: Amounts Falling Due Within One Year 5 (19,770 ) (16,300 )
NET CURRENT ASSETS (LIABILITIES) (5,169 ) (6,142 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,169 ) (6,142 )
NET LIABILITIES (5,169 ) (6,142 )
CAPITAL AND RESERVES
Called up share capital 6 120 120
Profit and Loss Account (5,289 ) (6,262 )
SHAREHOLDERS' FUNDS (5,169) (6,142)
Page 1
Page 2
For the year ending 31 May 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 Martin Andreasen
Director
06/12/2024
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
Key33 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14115442 . The registered office is 48 Belmont Park Avenue, Maidenhead, Berkshire, SL6 6JS.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 3)
1 3
4. Debtors
31 May 2024 31 May 2023
£ £
Due within one year
Trade debtors 2,130 -
Other debtors 2,363 7,088
4,493 7,088
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
31 May 2024 31 May 2023
£ £
Other creditors 17,566 16,120
Taxation and social security 2,204 180
19,770 16,300
6. Share Capital
31 May 2024 31 May 2023
Allotted, called up and fully paid £ £
12,000 Ordinary Shares of £ 0.01 each 120 120
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