Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 09282702 Mr Kiretkumar Mistry Kiretkumar Mistry true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09282702 2023-10-31 09282702 2024-10-31 09282702 2023-11-01 2024-10-31 09282702 frs-core:CurrentFinancialInstruments 2024-10-31 09282702 frs-core:ComputerEquipment 2024-10-31 09282702 frs-core:ComputerEquipment 2023-11-01 2024-10-31 09282702 frs-core:ComputerEquipment 2023-10-31 09282702 frs-core:ShareCapital 2024-10-31 09282702 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09282702 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09282702 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09282702 frs-bus:SmallEntities 2023-11-01 2024-10-31 09282702 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09282702 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09282702 1 2023-11-01 2024-10-31 09282702 frs-bus:Director1 2023-11-01 2024-10-31 09282702 frs-countries:EnglandWales 2023-11-01 2024-10-31 09282702 2022-10-31 09282702 2023-10-31 09282702 2022-11-01 2023-10-31 09282702 frs-core:CurrentFinancialInstruments 2023-10-31 09282702 frs-core:ShareCapital 2023-10-31 09282702 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 09282702
Kimis Consulting Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
MAXIMISE YOUR EARNINGS LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09282702
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 325
- 325
CURRENT ASSETS
Debtors 5 17,640 16,800
Cash at bank and in hand 612,564 514,045
630,204 530,845
Creditors: Amounts Falling Due Within One Year 6 (60,543 ) (53,954 )
NET CURRENT ASSETS (LIABILITIES) 569,661 476,891
TOTAL ASSETS LESS CURRENT LIABILITIES 569,661 477,216
NET ASSETS 569,661 477,216
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 569,651 477,206
SHAREHOLDERS' FUNDS 569,661 477,216
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Page 2
For the year ending 31 October 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 Kiretkumar Mistry
Director
20/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Kimis Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09282702 . The registered office is 2 Westfield Road, Mill Hill, London, NW7 3BL.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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.
2.3. 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:
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2023 4,210
As at 31 October 2024 4,210
...CONTINUED
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Depreciation
As at 1 November 2023 3,885
Provided during the period 325
As at 31 October 2024 4,210
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 325
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,640 16,800
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Other creditors 1,868 1,213
Taxation and social security 58,675 52,742
60,543 53,954
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Ultimate Controlling Party
The company's ultimate controlling party is Kiretkumar Mistry by virtue of his ownership of 100% of the issued share capital in the company.
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