Acorah Software Products - Accounts Production 16.2.800 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 09886305 Mr Savjit Singh Kooner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09886305 2023-11-30 09886305 2024-11-30 09886305 2023-12-01 2024-11-30 09886305 frs-core:CurrentFinancialInstruments 2024-11-30 09886305 frs-core:Non-currentFinancialInstruments 2024-11-30 09886305 frs-core:InvestmentPropertyIncludedWithinPPE 2024-11-30 09886305 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-01 2024-11-30 09886305 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 09886305 frs-core:ShareCapital 2024-11-30 09886305 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09886305 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09886305 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09886305 frs-bus:SmallEntities 2023-12-01 2024-11-30 09886305 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09886305 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09886305 frs-core:ListedExchangeTraded 2024-11-30 09886305 frs-core:ListedExchangeTraded 2023-11-30 09886305 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-30 09886305 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-11-30 09886305 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-11-30 09886305 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 09886305 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-11-30 09886305 frs-bus:Director1 2023-12-01 2024-11-30 09886305 frs-countries:EnglandWales 2023-12-01 2024-11-30 09886305 2022-11-30 09886305 2023-11-30 09886305 2022-12-01 2023-11-30 09886305 frs-core:CurrentFinancialInstruments 2023-11-30 09886305 frs-core:Non-currentFinancialInstruments 2023-11-30 09886305 frs-core:ShareCapital 2023-11-30 09886305 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 09886305
Kooner Investments Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09886305
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 944,672 667,273
Investments 5 3,657 4,038
948,329 671,311
CURRENT ASSETS
Debtors 6 213,605 122,324
Cash at bank and in hand 5,915 91,183
219,520 213,507
Creditors: Amounts Falling Due Within One Year 7 (10,637 ) (39,184 )
NET CURRENT ASSETS (LIABILITIES) 208,883 174,323
TOTAL ASSETS LESS CURRENT LIABILITIES 1,157,212 845,634
Creditors: Amounts Falling Due After More Than One Year 8 (1,176,199 ) (852,627 )
NET LIABILITIES (18,987 ) (6,993 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (19,087 ) (7,093 )
SHAREHOLDERS' FUNDS (18,987) (6,993)
Page 1
Page 2
For the year ending 30 November 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 Savjit Singh Kooner
Director
14th March 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
Kooner Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09886305 . The registered office is 50 Woodgate, Leicester, LE3 5GF.
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 director has 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.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost
As at 1 December 2023 700,025
Additions 277,399
As at 30 November 2024 977,424
Depreciation
As at 1 December 2023 32,752
As at 30 November 2024 32,752
Net Book Value
As at 30 November 2024 944,672
As at 1 December 2023 667,273
Page 3
Page 4
5. Investments
Listed
£
Cost
As at 1 December 2023 4,038
Revaluations (381 )
As at 30 November 2024 3,657
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 3,657
As at 1 December 2023 4,038
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 213,605 122,324
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,173 13,573
Bank loans and overdrafts 2,771 2,071
Corporation tax 2,974 5,313
Other creditors 2,719 18,227
10,637 39,184
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,107,157 852,627
Other creditors 69,042 -
1,176,199 852,627
Page 4
Page 5
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 1,097,016 839,696
Page 5