Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 12477566 Mrs Ranju Hatcher Mrs Ranju Hatcher true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12477566 2023-04-30 12477566 2024-04-30 12477566 2023-05-01 2024-04-30 12477566 frs-core:CurrentFinancialInstruments 2024-04-30 12477566 frs-core:ShareCapital 2024-04-30 12477566 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 12477566 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12477566 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 12477566 frs-bus:SmallEntities 2023-05-01 2024-04-30 12477566 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12477566 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12477566 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 12477566 frs-bus:OrdinaryShareClass1 2024-04-30 12477566 1 2023-05-01 2024-04-30 12477566 frs-bus:Director1 2023-05-01 2024-04-30 12477566 frs-countries:EnglandWales 2023-05-01 2024-04-30 12477566 2022-04-30 12477566 2023-04-30 12477566 2022-05-01 2023-04-30 12477566 frs-core:CurrentFinancialInstruments 2023-04-30 12477566 frs-core:ShareCapital 2023-04-30 12477566 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 12477566 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30
Registered number: 12477566
Keralia Investments Limited
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: 12477566
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 236,838 236,838
236,838 236,838
CURRENT ASSETS
Debtors 5 2,257 -
Cash at bank and in hand 38,750 10,565
41,007 10,565
Creditors: Amounts Falling Due Within One Year 6 (263,639 ) (243,519 )
NET CURRENT ASSETS (LIABILITIES) (222,632 ) (232,954 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,206 3,884
NET ASSETS 14,206 3,884
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 14,106 3,784
SHAREHOLDERS' FUNDS 14,206 3,884
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Ranju Hatcher
Director
25/01/2025
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
Keralia Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12477566 . The registered office is First Floor, 139 Marvels Lane, London, SE12 9PP.
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 comprises rental income and service charges receivable.

2.3. Investment Properties
Investment properties are held under the revaluation model, whereby revaluations are undertaken regularly to ensure that the carrying amount does not materially differ from the fair value at the end of the period. Any aggregate surplus or temporary deficit from the original cost is cumulated within equity in the fair value reserve and also reflected in other comprehensive income. Any impairment in the value of an investment property from original cost is taken to the profit and loss account for the year. On realisation any gain or loss is calculated by reference to the carrying value at the last balance sheet date and is included in the profit and loss account. Any balance in the revaluation reserve is transferred to the profit and loss account reserve. No depreciation is provided in respect of freehold investment properties and leasehold investment properties with over 20 years unexpired. The residual value of such investment properties is considered not to be materially different from that of the carrying value and therefore depreciation is not required.
2.4. 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 years 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was as follows: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 236,838
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,257 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,300 -
Other creditors 13,750 -
Accruals and deferred income 4,986 981
Director's loan account 242,603 242,538
263,639 243,519
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is Mrs Ranju Hatcher by virtue of her ownership of 100% of the issued share capital in the company.
Page 4