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 11655290 Richard White Stratos Karousos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11655290 2023-06-30 11655290 2024-06-30 11655290 2023-07-01 2024-06-30 11655290 frs-core:CurrentFinancialInstruments 2024-06-30 11655290 frs-core:ShareCapital 2024-06-30 11655290 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11655290 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11655290 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 11655290 frs-bus:SmallEntities 2023-07-01 2024-06-30 11655290 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11655290 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11655290 frs-bus:Director1 2023-07-01 2024-06-30 11655290 frs-bus:Director2 2023-07-01 2024-06-30 11655290 frs-core:CurrentFinancialInstruments 1 2024-06-30 11655290 frs-core:CurrentFinancialInstruments 4 2024-06-30 11655290 frs-countries:EnglandWales 2023-07-01 2024-06-30 11655290 2022-06-30 11655290 2023-06-30 11655290 2022-07-01 2023-06-30 11655290 frs-core:CurrentFinancialInstruments 2023-06-30 11655290 frs-core:ShareCapital 2023-06-30 11655290 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 11655290 frs-core:CurrentFinancialInstruments 1 2023-06-30 11655290 frs-core:CurrentFinancialInstruments 4 2023-06-30
Registered number: 11655290
Kyckr UK Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11655290
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,250,761 2,096,833
Cash at bank and in hand 6,271 111,570
2,257,032 2,208,403
Creditors: Amounts Falling Due Within One Year 5 (50,979 ) (2,737,325 )
NET CURRENT ASSETS (LIABILITIES) 2,206,053 (528,922 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,206,053 (528,922 )
NET ASSETS/(LIABILITIES) 2,206,053 (528,922 )
CAPITAL AND RESERVES
Called up share capital 6 2,734,976 1
Profit and Loss Account (528,923 ) (528,923 )
SHAREHOLDERS' FUNDS 2,206,053 (528,922)
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
Stratos Karousos
Director
25/03/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Kyckr UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11655290 . The registered office is Kemp House, 160 City Road, London, EC1V 2NX.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 17)
12 17
4. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 17,858 (53,061 )
Intercompany - Kyckr Ireland Ltd 2,227,722 2,135,244
Intercompany - Kyckr Ltd 1 1
VAT 5,180 14,649
2,250,761 2,096,833
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,699 9,058
Other taxes and social security 22,617 163,015
Net wages - 369
Other creditors - 2,557,828
Employee contribution to benefits - 7,055
Pensions payable (1,752 ) -
Accruals and deferred income 18,415 -
50,979 2,737,325
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,734,976 1
7. Related Party Transactions
During the year the company entered into the following transctions with the related party:
                                                                                              Income/(expenses)          Balance owed by/(owed to)
                                                                                             2024                2023                   2024                   2023
                                                                                                 £                      £                         £                         £
Kyckr Pty Limited                                                              2,729,535         (171,707)                        -          (£2,557,828)
Kyckr Limited                                                                                -                     -                           1                         1
Kyckr Ireland Limited                                                             92,478                    -             £2,227,722          £2,135,244
During the year, the outstanding loan, including accrued interest, due to Kyckr Pty Limited was fully settled through the subscription for additional shares in Kyckr UK Limited.
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