Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 12167268 Mr Simon Binny iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12167268 2024-01-31 12167268 2025-01-31 12167268 2024-02-01 2025-01-31 12167268 frs-core:CurrentFinancialInstruments 2025-01-31 12167268 frs-core:Non-currentFinancialInstruments 2025-01-31 12167268 frs-core:FurnitureFittings 2025-01-31 12167268 frs-core:FurnitureFittings 2024-02-01 2025-01-31 12167268 frs-core:FurnitureFittings 2024-01-31 12167268 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 12167268 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12167268 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 12167268 frs-core:MotorVehicles 2025-01-31 12167268 frs-core:MotorVehicles 2024-02-01 2025-01-31 12167268 frs-core:MotorVehicles 2024-01-31 12167268 frs-core:ShareCapital 2025-01-31 12167268 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 12167268 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12167268 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 12167268 frs-bus:SmallEntities 2024-02-01 2025-01-31 12167268 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 12167268 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12167268 frs-core:UnlistedNon-exchangeTraded 2025-01-31 12167268 frs-core:UnlistedNon-exchangeTraded 2024-01-31 12167268 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 12167268 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 12167268 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 12167268 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 12167268 frs-bus:Director1 2024-02-01 2025-01-31 12167268 frs-bus:Director1 2024-01-31 12167268 frs-bus:Director1 2025-01-31 12167268 frs-countries:EnglandWales 2024-02-01 2025-01-31 12167268 2023-01-31 12167268 2024-01-31 12167268 2023-02-01 2024-01-31 12167268 frs-core:CurrentFinancialInstruments 2024-01-31 12167268 frs-core:Non-currentFinancialInstruments 2024-01-31 12167268 frs-core:ShareCapital 2024-01-31 12167268 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 12167268
KAS-B Technologies Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12167268
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,239 65,054
Investment Properties 5 281,210 -
Investments 6 2,783,568 2,783,568
3,116,017 2,848,622
CURRENT ASSETS
Debtors 7 - 387,436
Cash at bank and in hand 15,245 12,225
15,245 399,661
Creditors: Amounts Falling Due Within One Year 8 (1,432,633 ) (1,680,901 )
NET CURRENT ASSETS (LIABILITIES) (1,417,388 ) (1,281,240 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,698,629 1,567,382
Creditors: Amounts Falling Due After More Than One Year 9 (121,450 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,810 ) -
NET ASSETS 1,564,369 1,567,382
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 1,564,368 1,567,381
SHAREHOLDERS' FUNDS 1,564,369 1,567,382
Page 1
Page 2
For the year ending 31 January 2025 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 Simon Binny
Director
17 February 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
KAS-B Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12167268 . The registered office is Unit 3b, Wessex Gate, Portsmouth Road, Horndean, Hampshire, PO8 9LP.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Significant judgements and estimations
In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.
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. 
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:
Freehold 10% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 25% on cost
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.
2.6. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 36,757 46,187 17,711 100,655
Additions - - 4,700 4,700
As at 31 January 2025 36,757 46,187 22,411 105,355
Depreciation
As at 1 February 2024 12,698 18,475 4,428 35,601
Provided during the period 3,675 9,237 5,603 18,515
As at 31 January 2025 16,373 27,712 10,031 54,116
Net Book Value
As at 31 January 2025 20,384 18,475 12,380 51,239
As at 1 February 2024 24,059 27,712 13,283 65,054
5. Investment Property
2025
£
Fair Value
As at 1 February 2024 -
Additions 281,210
As at 31 January 2025 281,210
6. Investments
Unlisted
£
Cost
As at 1 February 2024 2,783,568
As at 31 January 2025 2,783,568
Provision
As at 1 February 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 2,783,568
As at 1 February 2024 2,783,568
Page 4
Page 5
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 8,000
Other debtors - 379,436
- 387,436
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other loans 72,874 -
Amounts owed to group undertakings 1,327,181 1,672,252
Other creditors 1,553 1,100
Taxation and social security 31,025 7,549
1,432,633 1,680,901
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 121,450 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Simon Binny 379,436 32,170 411,947 - (341 )
The above loan is unsecured, interest free and repayable on demand.
Page 5