Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12884306 Mr Dennis Ouko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12884306 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-09-30 12884306 2023-09-30 12884306 2024-09-30 12884306 2023-10-01 2024-09-30 12884306 frs-core:CurrentFinancialInstruments 2024-09-30 12884306 frs-core:Non-currentFinancialInstruments 2024-09-30 12884306 frs-core:ShareCapital 2024-09-30 12884306 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12884306 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12884306 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12884306 frs-bus:SmallEntities 2023-10-01 2024-09-30 12884306 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12884306 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12884306 frs-bus:Director1 2023-10-01 2024-09-30 12884306 frs-countries:EnglandWales 2023-10-01 2024-09-30 12884306 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-09-30 12884306 2022-09-30 12884306 2023-09-30 12884306 2022-10-01 2023-09-30 12884306 frs-core:CurrentFinancialInstruments 2023-09-30 12884306 frs-core:Non-currentFinancialInstruments 2023-09-30 12884306 frs-core:ShareCapital 2023-09-30 12884306 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12884306
Kodum Property Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Accufy Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12884306
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 110,000 107,000
110,000 107,000
CURRENT ASSETS
Cash at bank and in hand 8,102 6,564
8,102 6,564
Creditors: Amounts Falling Due Within One Year 5 (32,377 ) (31,990 )
NET CURRENT ASSETS (LIABILITIES) (24,275 ) (25,426 )
TOTAL ASSETS LESS CURRENT LIABILITIES 85,725 81,574
Creditors: Amounts Falling Due After More Than One Year 6 (71,947 ) (71,945 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,070 ) (1,500 )
NET ASSETS 11,708 8,129
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 11,706 8,127
SHAREHOLDERS' FUNDS 11,708 8,129
Page 1
Page 2
For the year ending 30 September 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 Dennis Ouko
Director
28/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kodum Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12884306 . The registered office is 20 Sandilands Road, Manchester, M23 9JW.
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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 October 2023 107,000
Revaluations 3,000
As at 30 September 2024 110,000
Investment properties comprise of an amount of £110,000 (2023: £107,000) for which a first charge over the underlying assets has been given to the lenders. The fair value of the investment properties have been arrived at on the basis of a valuation carried out by the directors at the period end. 
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Corporation tax 270 406
Accruals and deferred income 220 220
Director's loan account 31,887 31,365
32,377 31,990
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 71,947 71,945
Bank Loans includes £71,947 (2023: £71,945) secured by way of a fixed first charge over the underlying assets. 
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 71,947 71,945
7. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 71,947 71,945
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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