Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 11302612 Mr David Barton Miss Heather Smart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11302612 2023-04-30 11302612 2024-04-30 11302612 2023-05-01 2024-04-30 11302612 frs-core:CurrentFinancialInstruments 2024-04-30 11302612 frs-core:ComputerEquipment 2024-04-30 11302612 frs-core:ComputerEquipment 2023-05-01 2024-04-30 11302612 frs-core:ComputerEquipment 2023-04-30 11302612 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 11302612 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 11302612 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 11302612 frs-core:SharePremium 2024-04-30 11302612 frs-core:ShareCapital 2024-04-30 11302612 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11302612 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11302612 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11302612 frs-bus:SmallEntities 2023-05-01 2024-04-30 11302612 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11302612 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11302612 frs-bus:Director1 2023-05-01 2024-04-30 11302612 frs-bus:Director2 2023-05-01 2024-04-30 11302612 frs-countries:EnglandWales 2023-05-01 2024-04-30 11302612 2022-04-30 11302612 2023-04-30 11302612 2022-05-01 2023-04-30 11302612 frs-core:CurrentFinancialInstruments 2023-04-30 11302612 frs-core:SharePremium 2023-04-30 11302612 frs-core:ShareCapital 2023-04-30 11302612 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11302612
Kaydiar Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11302612
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 57,137 47,086
Tangible Assets 5 957 1,838
58,094 48,924
CURRENT ASSETS
Stocks 6 4,435 -
Debtors 7 29,220 3,410
Cash at bank and in hand 83,603 10,655
117,258 14,065
Creditors: Amounts Falling Due Within One Year 8 (181,317 ) (23,453 )
NET CURRENT ASSETS (LIABILITIES) (64,059 ) (9,388 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,965 ) 39,536
NET (LIABILITIES)/ASSETS (5,965 ) 39,536
CAPITAL AND RESERVES
Called up share capital 9 219 219
Share premium account 124,981 79,981
Profit and Loss Account (131,165 ) (40,664 )
SHAREHOLDERS' FUNDS (5,965) 39,536
Page 1
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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 David Barton
Director
31 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kaydiar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11302612 . The registered office is Gwynnant, Coedffaldau Road, Rhiwfawr, Swansea, SA9 2RL.
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.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development expenditure will be amortised on a straight line basis over its useful life of 10 years when the products are ready for sale or use.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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:
Computer Equipment 25% Straight Line
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Intangible Assets
Development Costs
£
Cost
As at 1 May 2023 47,086
Additions 10,051
As at 30 April 2024 57,137
Net Book Value
As at 30 April 2024 57,137
As at 1 May 2023 47,086
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 5,774
As at 30 April 2024 5,774
Depreciation
As at 1 May 2023 3,936
Provided during the period 881
As at 30 April 2024 4,817
Net Book Value
As at 30 April 2024 957
As at 1 May 2023 1,838
6. Stocks
2024 2023
£ £
Stock 4,435 -
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 29,220 3,410
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,482 7,200
Other creditors 162,644 15,883
Taxation and social security 2,191 370
181,317 23,453
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 219 219
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