Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05860666 Mr Kevin Howard Mrs Kerry Howard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05860666 2023-06-30 05860666 2024-06-30 05860666 2023-07-01 2024-06-30 05860666 frs-core:CurrentFinancialInstruments 2024-06-30 05860666 frs-core:FurnitureFittings 2024-06-30 05860666 frs-core:FurnitureFittings 2023-07-01 2024-06-30 05860666 frs-core:FurnitureFittings 2023-06-30 05860666 frs-core:MotorVehicles 2024-06-30 05860666 frs-core:MotorVehicles 2023-07-01 2024-06-30 05860666 frs-core:MotorVehicles 2023-06-30 05860666 frs-core:ShareCapital 2024-06-30 05860666 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05860666 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05860666 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05860666 frs-bus:SmallEntities 2023-07-01 2024-06-30 05860666 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 05860666 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05860666 frs-bus:Director1 2023-07-01 2024-06-30 05860666 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 05860666 frs-countries:EnglandWales 2023-07-01 2024-06-30 05860666 2022-06-30 05860666 2023-06-30 05860666 2022-07-01 2023-06-30 05860666 frs-core:CurrentFinancialInstruments 2023-06-30 05860666 frs-core:ShareCapital 2023-06-30 05860666 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05860666
K N R Sign Installations Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
AVL Accounting Services Limited
1st & 2nd Floor, 2 West St
Ware
Hertfordshire
SG12 9EE
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
In accordance with the engagement letter dated 17 September 2007, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
14/02/2025
AVL Accounting Services Limited
1st & 2nd Floor, 2 West St
Ware
Hertfordshire
SG12 9EE
Page 1
Page 2
Balance Sheet
Registered number: 05860666
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,100 15,061
12,100 15,061
CURRENT ASSETS
Debtors 5 31,755 24,085
Cash at bank and in hand 7,641 10,666
39,396 34,751
Creditors: Amounts Falling Due Within One Year 6 (25,968 ) (22,038 )
NET CURRENT ASSETS (LIABILITIES) 13,428 12,713
TOTAL ASSETS LESS CURRENT LIABILITIES 25,528 27,774
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,299 ) (2,861 )
NET ASSETS 23,229 24,913
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 23,129 24,813
SHAREHOLDERS' FUNDS 23,229 24,913
Page 2
Page 3
For the year ending 30 June 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 his 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 Kevin Howard
Director
14/02/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
K N R Sign Installations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05860666 . The registered office is 17 Brice Gardens, Buntingford, Herts, SG9 9GR.
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.

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
Fixtures & Fittings 25% reducing balance
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 year was:
2024 2023
Office and administration 2 2
2 2
Page 4
Page 5
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 38,658 3,448 42,106
Additions - 990 990
As at 30 June 2024 38,658 4,438 43,096
Depreciation
As at 1 July 2023 24,391 2,654 27,045
Provided during the period 3,567 384 3,951
As at 30 June 2024 27,958 3,038 30,996
Net Book Value
As at 30 June 2024 10,700 1,400 12,100
As at 1 July 2023 14,267 794 15,061
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 31,755 24,085
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,378 297
Corporation tax 8,884 9,034
Other taxes and social security 651 214
VAT 9,855 8,639
Accruals and deferred income - 1,223
Director's loan account 200 2,631
25,968 22,038
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5