Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 28 February 2025 28 February 2025 10577591 Mr Kevin Reilly Mrs Sally Reilly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10577591 2023-12-31 10577591 2025-02-28 10577591 2024-01-01 2025-02-28 10577591 frs-core:CurrentFinancialInstruments 2025-02-28 10577591 frs-core:Non-currentFinancialInstruments 2025-02-28 10577591 frs-core:ComputerEquipment 2025-02-28 10577591 frs-core:ComputerEquipment 2024-01-01 2025-02-28 10577591 frs-core:ComputerEquipment 2023-12-31 10577591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2025-02-28 10577591 frs-core:OtherResidualIntangibleAssets 2025-02-28 10577591 frs-core:OtherResidualIntangibleAssets 2024-01-01 2025-02-28 10577591 frs-core:OtherResidualIntangibleAssets 2023-12-31 10577591 frs-core:PlantMachinery 2025-02-28 10577591 frs-core:PlantMachinery 2024-01-01 2025-02-28 10577591 frs-core:PlantMachinery 2023-12-31 10577591 frs-core:ShareCapital 2025-02-28 10577591 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10577591 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2025-02-28 10577591 frs-bus:FilletedAccounts 2024-01-01 2025-02-28 10577591 frs-bus:SmallEntities 2024-01-01 2025-02-28 10577591 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2025-02-28 10577591 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2025-02-28 10577591 frs-bus:Director1 2024-01-01 2025-02-28 10577591 frs-bus:CompanySecretary1 2024-01-01 2025-02-28 10577591 frs-countries:EnglandWales 2024-01-01 2025-02-28 10577591 2022-12-31 10577591 2023-12-31 10577591 2023-01-01 2023-12-31 10577591 frs-core:CurrentFinancialInstruments 2023-12-31 10577591 frs-core:Non-currentFinancialInstruments 2023-12-31 10577591 frs-core:ShareCapital 2023-12-31 10577591 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10577591
KPR Glencoe Limited
Unaudited Financial Statements
For the Period 1 January 2024 to 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10577591
28 February 2025 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 328
- 328
CURRENT ASSETS
Stocks 6 - 165
Debtors 7 - 770
Cash at bank and in hand 54 4,913
54 5,848
Creditors: Amounts Falling Due Within One Year 8 (6,182 ) (6,870 )
NET CURRENT ASSETS (LIABILITIES) (6,128 ) (1,022 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,128 ) (694 )
Creditors: Amounts Falling Due After More Than One Year 9 - (2,300 )
NET LIABILITIES (6,128 ) (2,994 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (6,129 ) (2,995 )
SHAREHOLDERS' FUNDS (6,128) (2,994)
Page 1
Page 2
For the period ending 28 February 2025 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 Kevin Reilly
Director
24/03/2025
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
KPR Glencoe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10577591 . The registered office is 4 Glencoe Close, Frimley, Camberley, Surrey, GU16 8YS.
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 believe that the going concern basis is not appropriate as the company has no realistic alternative but to cease trading.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Plant & Machinery 25% straight line
Computer Equipment 25% straight line
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 7,500
Disposals (7,500 )
As at 28 February 2025 -
Amortisation
As at 1 January 2024 7,500
Disposals (7,500 )
As at 28 February 2025 -
Net Book Value
As at 28 February 2025 -
As at 1 January 2024 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 907 371 1,278
Disposals (907 ) - (907 )
Transfers - (371 ) (371 )
As at 28 February 2025 - - -
Depreciation
As at 1 January 2024 907 43 950
Disposals (907 ) - (907 )
Transfers - (43 ) (43 )
As at 28 February 2025 - - -
Net Book Value
As at 28 February 2025 - - -
As at 1 January 2024 - 328 328
6. Stocks
28 February 2025 31 December 2023
£ £
Finished goods - 165
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Page 5
7. Debtors
28 February 2025 31 December 2023
£ £
Due within one year
Deferred tax current asset - 770
8. Creditors: Amounts Falling Due Within One Year
28 February 2025 31 December 2023
£ £
Trade creditors (1 ) -
Bank loans and overdrafts - 1,200
Other taxes and social security - 23
VAT - 489
Director's loan account 6,183 5,158
6,182 6,870
9. Creditors: Amounts Falling Due After More Than One Year
28 February 2025 31 December 2023
£ £
Bank loans - 2,300
10. Share Capital
28 February 2025 31 December 2023
£ £
Allotted, Called up and fully paid 1 1
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