Acorah Software Products - Accounts Production 16.1.200 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09621326 Mr Pedro Tortosa Hernandez true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09621326 2023-06-30 09621326 2024-06-30 09621326 2023-07-01 2024-06-30 09621326 frs-core:CurrentFinancialInstruments 2024-06-30 09621326 frs-core:Non-currentFinancialInstruments 2024-06-30 09621326 frs-core:ShareCapital 2024-06-30 09621326 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09621326 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09621326 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09621326 frs-bus:SmallEntities 2023-07-01 2024-06-30 09621326 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09621326 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09621326 1 2023-07-01 2024-06-30 09621326 frs-core:ListedExchangeTraded 2024-06-30 09621326 frs-core:ListedExchangeTraded 2023-06-30 09621326 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-06-30 09621326 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-06-30 09621326 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-06-30 09621326 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-06-30 09621326 frs-bus:Director1 2023-07-01 2024-06-30 09621326 frs-bus:Director1 2023-06-30 09621326 frs-bus:Director1 2024-06-30 09621326 frs-core:Non-currentFinancialInstruments 1 2024-06-30 09621326 frs-core:CurrentFinancialInstruments 2 2024-06-30 09621326 frs-core:Non-currentFinancialInstruments 2 2024-06-30 09621326 frs-core:CurrentFinancialInstruments 3 2024-06-30 09621326 frs-core:Non-currentFinancialInstruments 3 2024-06-30 09621326 frs-core:CurrentFinancialInstruments 4 2024-06-30 09621326 frs-core:CurrentFinancialInstruments 5 2024-06-30 09621326 frs-countries:EnglandWales 2023-07-01 2024-06-30 09621326 2022-06-30 09621326 2023-06-30 09621326 2022-07-01 2023-06-30 09621326 frs-core:CurrentFinancialInstruments 2023-06-30 09621326 frs-core:Non-currentFinancialInstruments 2023-06-30 09621326 frs-core:ShareCapital 2023-06-30 09621326 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09621326 frs-core:Non-currentFinancialInstruments 1 2023-06-30 09621326 frs-core:CurrentFinancialInstruments 2 2023-06-30 09621326 frs-core:Non-currentFinancialInstruments 2 2023-06-30 09621326 frs-core:CurrentFinancialInstruments 3 2023-06-30 09621326 frs-core:Non-currentFinancialInstruments 3 2023-06-30 09621326 frs-core:CurrentFinancialInstruments 4 2023-06-30 09621326 frs-core:CurrentFinancialInstruments 5 2023-06-30
Registered number: 09621326
Kilobe Systems Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09621326
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 202,393 202,393
202,393 202,393
CURRENT ASSETS
Debtors 5 396,190 233,758
Cash at bank and in hand 1,137 211,236
397,327 444,994
Creditors: Amounts Falling Due Within One Year 6 (225,903 ) (196,999 )
NET CURRENT ASSETS (LIABILITIES) 171,424 247,995
TOTAL ASSETS LESS CURRENT LIABILITIES 373,817 450,388
Creditors: Amounts Falling Due After More Than One Year 7 (261,516 ) (218,715 )
NET ASSETS 112,301 231,673
CAPITAL AND RESERVES
Called up share capital 8 300 300
Profit and Loss Account 112,001 231,373
SHAREHOLDERS' FUNDS 112,301 231,673
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 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 Pedro Tortosa Hernandez
Director
11/03/2025
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
Kilobe Systems Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09621326 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Listed
£
Cost
As at 1 July 2023 202,393
As at 30 June 2024 202,393
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 202,393
As at 1 July 2023 202,393
The company is holding investment as on 30.06.2024 below:
Arexdata LTD - £ 134,960.91
Newmanbrain - £ 67,431.01 - 2,988 shares and holding is 8.68%
Kynaxis Ltd - £ 1 - 10000 share at 0.0001 and holding is 100%
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Loan to Peak Thomas SLU 186,328 199,058
Loan to Financial Crime Investigations 37,650 34,700
Loan to Arexdata Spain SL 42,800 -
Convertible Loan to Token City sl 64,266 -
Loan to MMesh 65,114 -
VAT 32 -
396,190 233,758
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (660 ) (660 )
Other taxes and social security 4,762 -
VAT - 4,475
Other creditors 1,739 -
Director's loan account 220,062 193,184
225,903 196,999
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loans - Kontaco LLC 63,869 63,869
Loan from EINZELNET SYSTEMS SL 129,534 129,534
Loan from Kynaxis Ltd 25,312 25,312
Loan from IBI 42,801 -
261,516 218,715
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Pedro Tortosa Hernandez 193,184 22,878 - - 220,062
The above loan is unsecured, interest free and repayable on demand.
Page 4
Page 5
10. Related Party Transactions
The company is holding 10,000 shares of 0.0001 each of KYNAXIS LTD, which is equal to 100% of the share capital of KYNAXIS LTD. 
During the year company has outstanding loan from KYNAXIS LTD is £25,312 (2023 £25,312) same above point no. 7
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Pedro Tortosa Hernandez by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 5