Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 6899985 Mr Zahaa Redha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6899985 2023-05-31 6899985 2024-05-31 6899985 2023-06-01 2024-05-31 6899985 frs-core:CurrentFinancialInstruments 2024-05-31 6899985 frs-core:Non-currentFinancialInstruments 2024-05-31 6899985 frs-core:FurnitureFittings 2024-05-31 6899985 frs-core:FurnitureFittings 2023-06-01 2024-05-31 6899985 frs-core:FurnitureFittings 2023-05-31 6899985 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 6899985 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 6899985 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 6899985 frs-core:ShareCapital 2024-05-31 6899985 frs-core:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 6899985 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 6899985 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 6899985 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 6899985 frs-bus:SmallEntities 2023-06-01 2024-05-31 6899985 frs-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 6899985 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 6899985 frs-bus:Director1 2023-06-01 2024-05-31 6899985 frs-countries:EnglandWales 2023-06-01 2024-05-31 6899985 2022-05-31 6899985 2023-05-31 6899985 2022-06-01 2023-05-31 6899985 frs-core:CurrentFinancialInstruments 2023-05-31 6899985 frs-core:Non-currentFinancialInstruments 2023-05-31 6899985 frs-core:ShareCapital 2022-05-31 6899985 frs-core:ShareCapital 2023-05-31 6899985 frs-core:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 6899985 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-05-31 6899985 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 6899985
KNR PROPERTIES LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Statement of Changes in Equity 4
Notes to the Financial Statements 5—6
Page 1
Accountants' Report
Report of the Accountant to the director of KNR PROPERTIES LTD
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 May 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
ZA Ltd
24/03/2025
Page 1
Page 2
Balance Sheet
Registered number: 6899985
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,254,718 162,840
1,254,718 162,840
CURRENT ASSETS
Debtors 5 56,928 54,357
Cash at bank and in hand 92,009 2,450
148,937 56,807
Creditors: Amounts Falling Due Within One Year 6 (900 ) -
NET CURRENT ASSETS (LIABILITIES) 148,037 56,807
TOTAL ASSETS LESS CURRENT LIABILITIES 1,402,755 219,647
Creditors: Amounts Falling Due After More Than One Year 7 (1,479,529 ) (228,115 )
NET LIABILITIES (76,774 ) (8,468 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (77,774 ) (9,468 )
SHAREHOLDERS' FUNDS (76,774) (8,468)
Page 2
Page 3
For the year ending 31 May 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 Zahaa Redha
Director
24/03/2025
The notes on pages 5 to 6 form part of these financial statements.
Page 3
Page 4
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 June 2022 1,000 (19,474 ) (18,474)
Profit for the year and total comprehensive income - 10,006 10,006
As at 31 May 2023 and 1 June 2023 1,000 (9,468 ) (8,468)
Loss for the year and total comprehensive income - (68,306 ) (68,306)
As at 31 May 2024 1,000 (77,774 ) (76,774)
Page 4
Page 5
Notes to the Financial Statements
1. General Information
KNR PROPERTIES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 6899985 . The registered office is 38 Ploughmans Croft, Bradford, BD2 1LE.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 0% on Reducing balance
Fixtures & Fittings 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 183,478 12,838 196,316
Additions 1,068,770 31,643 1,100,413
As at 31 May 2024 1,252,248 44,481 1,296,729
Depreciation
As at 1 June 2023 23,136 10,340 33,476
Provided during the period - 8,535 8,535
As at 31 May 2024 23,136 18,875 42,011
...CONTINUED
Page 5
Page 6
Net Book Value
As at 31 May 2024 1,229,112 25,606 1,254,718
As at 1 June 2023 160,342 2,498 162,840
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,696 125
Other debtors 54,232 54,232
56,928 54,357
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 900 -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 39,384 39,693
Shareholders Loan Contribuations (Long term liabilities - creditors > 1 year) 1,440,145 188,422
1,479,529 228,115
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 6