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 13480590 Mrs K N Daltrey Mr G White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13480590 2023-06-30 13480590 2024-06-30 13480590 2023-07-01 2024-06-30 13480590 frs-core:ShareCapital 2024-06-30 13480590 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 13480590 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13480590 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 13480590 frs-bus:SmallEntities 2023-07-01 2024-06-30 13480590 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13480590 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 13480590 frs-core:CostValuation 2023-06-30 13480590 frs-core:AdditionsToInvestments 2024-06-30 13480590 frs-core:CostValuation 2024-06-30 13480590 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 13480590 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 13480590 frs-bus:Director1 2023-07-01 2024-06-30 13480590 frs-bus:Director2 2023-07-01 2024-06-30 13480590 frs-countries:EnglandWales 2023-07-01 2024-06-30 13480590 2022-06-30 13480590 2023-06-30 13480590 2022-07-01 2023-06-30 13480590 frs-core:ShareCapital 2023-06-30 13480590 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 13480590
G & K Ventures Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13480590
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 249,407 50,851
249,407 50,851
CURRENT ASSETS
Debtors 5 36,727 180,890
Cash at bank and in hand 1,710 1,879
38,437 182,769
Creditors: Amounts Falling Due Within One Year 6 (43,955 ) -
NET CURRENT ASSETS (LIABILITIES) (5,518 ) 182,769
TOTAL ASSETS LESS CURRENT LIABILITIES 243,889 233,620
NET ASSETS 243,889 233,620
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 243,887 233,618
SHAREHOLDERS' FUNDS 243,889 233,620
Page 1
Page 2
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 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 G White
Director
20th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
G & K Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13480590 . The registered office is 139-141 Watling Street, Gillingham, Kent, ME7 2YY.
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. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
2.4. Investments in associated company's
 Investments in subsidiary undertakings are recognised at cost.
2.5. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial  institutions.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Associates Other Total
£ £ £
Cost
As at 1 July 2023 2 50,849 50,851
Additions 48 198,508 198,556
As at 30 June 2024 50 249,357 249,407
Provision
As at 1 July 2023 - - -
As at 30 June 2024 - - -
Net Book Value
As at 30 June 2024 50 249,357 249,407
As at 1 July 2023 2 50,849 50,851
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 36,727 180,890
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 43,955 -
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4