Acorah Software Products - Accounts Production 16.2.800 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09654103 Mr Gareth Cooper Mr Timothy Cooper iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09654103 2023-08-31 09654103 2024-08-31 09654103 2023-09-01 2024-08-31 09654103 frs-core:CurrentFinancialInstruments 2024-08-31 09654103 frs-core:Non-currentFinancialInstruments 2024-08-31 09654103 frs-core:ComputerEquipment 2024-08-31 09654103 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09654103 frs-core:ComputerEquipment 2023-08-31 09654103 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 09654103 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 09654103 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-31 09654103 frs-core:FurnitureFittings 2024-08-31 09654103 frs-core:FurnitureFittings 2023-09-01 2024-08-31 09654103 frs-core:FurnitureFittings 2023-08-31 09654103 frs-core:OtherResidualIntangibleAssets 2024-08-31 09654103 frs-core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 09654103 frs-core:OtherResidualIntangibleAssets 2023-08-31 09654103 frs-core:SharePremium 2024-08-31 09654103 frs-core:ShareCapital 2024-08-31 09654103 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09654103 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09654103 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09654103 frs-bus:SmallEntities 2023-09-01 2024-08-31 09654103 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 09654103 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09654103 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 09654103 frs-bus:OrdinaryShareClass1 2024-08-31 09654103 frs-core:DeferredTaxation 2023-09-01 2024-08-31 09654103 frs-core:DeferredTaxation 2023-08-31 09654103 frs-core:DeferredTaxation 2024-08-31 09654103 frs-bus:Director1 2023-09-01 2024-08-31 09654103 frs-bus:Director2 2023-09-01 2024-08-31 09654103 frs-countries:EnglandWales 2023-09-01 2024-08-31 09654103 2022-08-31 09654103 2023-08-31 09654103 2022-09-01 2023-08-31 09654103 frs-core:CurrentFinancialInstruments 2023-08-31 09654103 frs-core:Non-currentFinancialInstruments 2023-08-31 09654103 frs-core:SharePremium 2023-08-31 09654103 frs-core:ShareCapital 2023-08-31 09654103 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 09654103 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 09654103
Kaboodle Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Kaboodle Solutions Ltd For The Year Ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kaboodle Solutions Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Kaboodle Solutions Ltd , as a body, in accordance with the terms of our engagement letter dated 25/02/2022. Our work has been undertaken solely to prepare for your approval the accounts of Kaboodle Solutions Ltd and state those matters that we have agreed to state to the directors of Kaboodle Solutions Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kaboodle Solutions Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Kaboodle Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Kaboodle Solutions Ltd . You consider that Kaboodle Solutions Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kaboodle Solutions Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
8th May 2025
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 09654103
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,001,610 1,912,837
Tangible Assets 5 26,732 20,696
3,028,342 1,933,533
CURRENT ASSETS
Debtors 6 1,949,728 1,032,965
Cash at bank and in hand 6,717,291 4,452,496
8,667,019 5,485,461
Creditors: Amounts Falling Due Within One Year 7 (8,706,362 ) (4,564,909 )
NET CURRENT ASSETS (LIABILITIES) (39,343 ) 920,552
TOTAL ASSETS LESS CURRENT LIABILITIES 2,988,999 2,854,085
Creditors: Amounts Falling Due After More Than One Year 8 (41,634 ) (152,176 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (3,932 )
NET ASSETS 2,947,365 2,697,977
CAPITAL AND RESERVES
Called up share capital 11 146 146
Share premium account 38,941 38,941
Profit and Loss Account 2,908,278 2,658,890
SHAREHOLDERS' FUNDS 2,947,365 2,697,977
Page 2
Page 3
For the year ending 31 August 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
Mr Timothy Cooper
Director
8th May 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Kaboodle Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09654103 . The registered office is Hamill House, 112-116 Chorley New Road, Bolton, BL1 4DH.

The company's principal place of busienss is Hamill House, 112-116 Chorley New Road, Bolton, BL1 4DH.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Development costs are being amortised evenly over their estimated useful life of five years.
2.4. Research and Development
Software development costs are capitalised when it is probable that the software will generate economic benefits for the company and such costs can be measured reliably. These costs are capitalised on the Balance Sheet in the year in which they are incurred and are subsequently amortised over the useful economic life of the software of 5 years. The useful economic life is reviewed by the directors if there are any indications of impairment, and any impairment charges are debited to the Profit and Loss in full in that year. Development costs which do not meet the criteria above are charged to the Profit and Loss when they are incurred.

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:
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Page 5
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 48 (2023: 48)
48 48
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 September 2023 90,117 3,552,991 3,643,108
Additions 34,024 1,916,371 1,950,395
As at 31 August 2024 124,141 5,469,362 5,593,503
Amortisation
As at 1 September 2023 27,967 1,702,304 1,730,271
Provided during the period 23,679 837,943 861,622
As at 31 August 2024 51,646 2,540,247 2,591,893
Net Book Value
As at 31 August 2024 72,495 2,929,115 3,001,610
As at 1 September 2023 62,150 1,850,687 1,912,837
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 10,325 83,970 94,295
Additions - 20,714 20,714
As at 31 August 2024 10,325 104,684 115,009
Depreciation
As at 1 September 2023 10,325 63,274 73,599
Provided during the period - 14,678 14,678
As at 31 August 2024 10,325 77,952 88,277
Net Book Value
As at 31 August 2024 - 26,732 26,732
As at 1 September 2023 - 20,696 20,696
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Page 6
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 415,742 459,807
Other debtors 1,533,986 573,158
1,949,728 1,032,965
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 400,292 91,947
Bank loans and overdrafts 50,000 50,000
Bank loan - FC 60,506 66,960
Other creditors 7,946,811 4,086,324
Taxation and social security 248,753 269,678
8,706,362 4,564,909
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 41,634 91,667
Other creditors - 60,509
41,634 152,176
The bank loans & other loans held within other creditors are secured.
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 152,140 269,136
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 September 2023 3,932 3,932
Additions (156,066 ) (156,066)
Balance at 31 August 2024 (152,134 ) (152,134)
11. Share Capital
2024 2023
Allotted, called up and fully paid £ £
14,600 Ordinary Shares of £ 0.01 each 146 146
Page 6