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 00493526 Mr Daniel Keeble Mr Daniel Keeble iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00493526 2023-04-30 00493526 2024-04-30 00493526 2023-05-01 2024-04-30 00493526 frs-core:CurrentFinancialInstruments 2024-04-30 00493526 frs-core:Non-currentFinancialInstruments 2024-04-30 00493526 frs-core:NetGoodwill 2024-04-30 00493526 frs-core:NetGoodwill 2023-05-01 2024-04-30 00493526 frs-core:NetGoodwill 2023-04-30 00493526 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 00493526 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 00493526 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 00493526 frs-core:PlantMachinery 2024-04-30 00493526 frs-core:PlantMachinery 2023-05-01 2024-04-30 00493526 frs-core:PlantMachinery 2023-04-30 00493526 frs-core:WithinOneYear 2024-04-30 00493526 frs-core:ShareCapital 2024-04-30 00493526 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 00493526 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00493526 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 00493526 frs-bus:SmallEntities 2023-05-01 2024-04-30 00493526 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00493526 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 00493526 frs-core:UnlistedNon-exchangeTraded 2024-04-30 00493526 frs-core:UnlistedNon-exchangeTraded 2023-04-30 00493526 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 00493526 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 00493526 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 00493526 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 00493526 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 00493526 frs-bus:Director1 2023-05-01 2024-04-30 00493526 frs-bus:Director2 2023-05-01 2024-04-30 00493526 frs-countries:EnglandWales 2023-05-01 2024-04-30 00493526 2022-04-30 00493526 2023-04-30 00493526 2022-05-01 2023-04-30 00493526 frs-core:CurrentFinancialInstruments 2023-04-30 00493526 frs-core:Non-currentFinancialInstruments 2023-04-30 00493526 frs-core:WithinOneYear 2023-04-30 00493526 frs-core:ShareCapital 2023-04-30 00493526 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 00493526
Keeble Group Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
EP Accountants
Chartered Certified Accountants
185 Gloucester Avenue
Chelmsford
Essex
CM2 9DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 00493526
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 36,000 42,000
Tangible Assets 5 2,148,655 2,546,894
Investment Properties 6 618,625 618,625
Investments 7 887,209 637,467
3,690,489 3,844,986
CURRENT ASSETS
Stocks 8 28,908 28,908
Debtors 9 363,552 685,416
Cash at bank and in hand 120,777 210,798
513,237 925,122
Creditors: Amounts Falling Due Within One Year 10 (763,187 ) (741,260 )
NET CURRENT ASSETS (LIABILITIES) (249,950 ) 183,862
TOTAL ASSETS LESS CURRENT LIABILITIES 3,440,539 4,028,848
Creditors: Amounts Falling Due After More Than One Year 11 (1,936,372 ) (2,260,698 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (49,640 ) (49,640 )
NET ASSETS 1,454,527 1,718,510
CAPITAL AND RESERVES
Called up share capital 13 10,000 10,000
Profit and Loss Account 1,444,527 1,708,510
SHAREHOLDERS' FUNDS 1,454,527 1,718,510
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 Daniel Keeble
Director
Mr Daniel Keeble
Director
30/01/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Keeble Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 00493526 . The registered office is Keeble Group Limited , Ferry Lane South, Rainham, RM13 9DB.
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 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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Leasehold Over 5 years
Plant & Machinery Over 5, 7 or 10 years
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Page 3
Page 4
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.8. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was 38. 9 (2023: 9)
9 9
Page 4
Page 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 210,000
As at 30 April 2024 210,000
Amortisation
As at 1 May 2023 168,000
Provided during the period 6,000
As at 30 April 2024 174,000
Net Book Value
As at 30 April 2024 36,000
As at 1 May 2023 42,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 May 2023 1,889,154 2,572,126 4,461,280
Additions - 389,689 389,689
Disposals - (1,485,459 ) (1,485,459 )
As at 30 April 2024 1,889,154 1,476,356 3,365,510
Depreciation
As at 1 May 2023 421,997 1,492,389 1,914,386
Provided during the period 37,783 158,364 196,147
Disposals - (893,678 ) (893,678 )
As at 30 April 2024 459,780 757,075 1,216,855
Net Book Value
As at 30 April 2024 1,429,374 719,281 2,148,655
As at 1 May 2023 1,467,157 1,079,737 2,546,894
Page 5
Page 6
6. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 618,625
7. Investments
Unlisted
£
Cost
As at 1 May 2023 637,467
Additions 249,742
As at 30 April 2024 887,209
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 887,209
As at 1 May 2023 637,467
8. Stocks
2024 2023
£ £
Stock 28,908 28,908
9. Debtors
2024 2023
£ £
Due within one year
Trade debtors 253,432 495,032
Other debtors 110,120 174,477
Other taxes and social security - 15,907
363,552 685,416
Page 6
Page 7
10. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 48,425 138,324
Trade creditors 253,531 219,108
Bank loans and overdrafts 303,568 314,220
Corporation tax - 20,071
Other taxes and social security 96,946 -
Other creditors 60,717 49,537
763,187 741,260
11. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,647,139 1,835,164
Other creditors 289,233 425,534
1,936,372 2,260,698
12. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 48,425 138,324
13. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 7