Acorah Software Products - Accounts Production 16.1.200 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13840979 Mr Samuel Stokes Miss Rebecca Bickley-Parton Mr Nigel Tillings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13840979 2023-01-31 13840979 2024-01-31 13840979 2023-02-01 2024-01-31 13840979 frs-core:CurrentFinancialInstruments 2024-01-31 13840979 frs-core:Non-currentFinancialInstruments 2024-01-31 13840979 frs-core:MotorVehicles 2024-01-31 13840979 frs-core:MotorVehicles 2023-02-01 2024-01-31 13840979 frs-core:MotorVehicles 2023-01-31 13840979 frs-core:ShareCapital 2024-01-31 13840979 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13840979 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13840979 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13840979 frs-bus:SmallEntities 2023-02-01 2024-01-31 13840979 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13840979 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13840979 frs-bus:Director1 2023-02-01 2024-01-31 13840979 frs-bus:Director1 2023-01-31 13840979 frs-bus:Director1 2024-01-31 13840979 frs-bus:Director2 2023-02-01 2024-01-31 13840979 frs-bus:Director2 2023-01-31 13840979 frs-bus:Director2 2024-01-31 13840979 frs-bus:Director3 2023-02-01 2024-01-31 13840979 frs-bus:Director3 2023-01-31 13840979 frs-bus:Director3 2024-01-31 13840979 frs-countries:EnglandWales 2023-02-01 2024-01-31 13840979 2022-01-31 13840979 2023-01-31 13840979 2022-02-01 2023-01-31 13840979 frs-core:CurrentFinancialInstruments 2023-01-31 13840979 frs-core:Non-currentFinancialInstruments 2023-01-31 13840979 frs-core:ShareCapital 2023-01-31 13840979 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13840979
NST KENT LTD
Unaudited Financial Statements
For The Year Ended 31 January 2024
Kent Coast Accounts Ltd
AAT Licenced Accountants
39 Brooke Avenue
Margate
Kent
CT9 5NG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13840979
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 837,120 932,881
Debtors 6 57,096 131,227
Cash at bank and in hand 106 85,464
894,322 1,149,572
Creditors: Amounts Falling Due Within One Year 7 (104,224 ) (31,115 )
NET CURRENT ASSETS (LIABILITIES) 790,098 1,118,457
TOTAL ASSETS LESS CURRENT LIABILITIES 790,098 1,118,457
Creditors: Amounts Falling Due After More Than One Year 8 (732,731 ) (1,185,601 )
NET ASSETS/(LIABILITIES) 57,367 (67,144 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 57,267 (67,244 )
SHAREHOLDERS' FUNDS 57,367 (67,144)
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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
Miss Rebecca Bickley-Parton
Director
29th January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
NST KENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13840979 . The registered office is Office 7, 35 - 37, Ludgate Hill, London, EC4M 7JN.
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
a) Development of residential properties
Sales of investment properties,  land and property developments are recognised in respect of contracts exchanged during the year,  provided that no material conditions remain outstanding at the balance sheet date, and all conditions are fully satisfied by the date on which the accounts are signed.  Full provision is made for all known or expected losses on completing a development once such losses are foreseen. 
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:
Motor Vehicles 25%, Reducing balance
Assets that are considered to fully lose there value in the first year are depreciated fully at acquisition.
2.4. Stocks and Work in Progress
Land and property developments are recorded at the lower of cost or net realisable value.  The Company capitalises interest on specific finance raised once development commences and until practical completion,  based on the total actual finance cost incurred on the borrowings during the year.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 February 2023 100
As at 31 January 2024 100
Depreciation
As at 1 February 2023 100
As at 31 January 2024 100
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 -
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5. Stocks
2024 2023
£ £
Stock 837,120 932,881
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,052 -
Prepayments and accrued income 278 -
Other debtors 55,766 54,538
VAT - 6,560
Directors' loan accounts - 70,129
57,096 131,227
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 6,015
Corporation tax 45,110 -
Other taxes and social security 43,559 21,034
VAT 4,313 -
Other creditors 4,202 2,806
Accruals and deferred income 1,080 1,260
Directors' loan accounts 5,960 -
104,224 31,115
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 388,188 832,827
Other creditors 344,543 352,774
732,731 1,185,601
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Pension Commitments
The company operates a defined contribution pension scheme for employees and Directors. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of 2024 - £4,202 (2023 - £1,741) were due to the fund. They are included in Other Creditors.
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Samuel Stokes 34,270 14,329 48,599 - -
Miss Rebecca Bickley-Parton 19,127 15,788 34,915 - -
Mr Nigel Tillings 16,733 45,313 62,046 - -
The above loans are not secured,  interest is charged on an avarge basis at a rate of 3%.  Total interest charged in the financial year 2024 - £1,052 (2023 - £1,052). This loan was repaid post year end.
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