Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 10590545 Mr Kirk Stewart Miss Ellie Hughes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10590545 2024-01-31 10590545 2025-01-31 10590545 2024-02-01 2025-01-31 10590545 frs-core:CurrentFinancialInstruments 2025-01-31 10590545 frs-core:Non-currentFinancialInstruments 2025-01-31 10590545 frs-core:BetweenOneFiveYears 2025-01-31 10590545 frs-core:ComputerEquipment 2024-02-01 2025-01-31 10590545 frs-core:FurnitureFittings 2024-02-01 2025-01-31 10590545 frs-core:MotorVehicles 2025-01-31 10590545 frs-core:MotorVehicles 2024-02-01 2025-01-31 10590545 frs-core:MotorVehicles 2024-01-31 10590545 frs-core:WithinOneYear 2025-01-31 10590545 frs-core:ShareCapital 2025-01-31 10590545 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 10590545 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 10590545 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 10590545 frs-bus:SmallEntities 2024-02-01 2025-01-31 10590545 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 10590545 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 10590545 frs-bus:Director1 2024-02-01 2025-01-31 10590545 frs-bus:Director1 2024-01-31 10590545 frs-bus:Director1 2025-01-31 10590545 frs-bus:Director2 2024-02-01 2025-01-31 10590545 frs-countries:EnglandWales 2024-02-01 2025-01-31 10590545 2023-01-31 10590545 2024-01-31 10590545 2023-02-01 2024-01-31 10590545 frs-core:CurrentFinancialInstruments 2024-01-31 10590545 frs-core:Non-currentFinancialInstruments 2024-01-31 10590545 frs-core:BetweenOneFiveYears 2024-01-31 10590545 frs-core:WithinOneYear 2024-01-31 10590545 frs-core:ShareCapital 2024-01-31 10590545 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 10590545
Ks-Elec Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Thomas & Co International Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10590545
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 62,650 44,861
62,650 44,861
CURRENT ASSETS
Debtors 5 152,179 89,898
Cash at bank and in hand 21,996 3,487
174,175 93,385
Creditors: Amounts Falling Due Within One Year 6 (181,684 ) (87,984 )
NET CURRENT ASSETS (LIABILITIES) (7,509 ) 5,401
TOTAL ASSETS LESS CURRENT LIABILITIES 55,141 50,262
Creditors: Amounts Falling Due After More Than One Year 7 (53,167 ) (53,167 )
NET ASSETS/(LIABILITIES) 1,974 (2,905 )
CAPITAL AND RESERVES
Called up share capital 9 2 1
Profit and Loss Account 1,972 (2,906 )
SHAREHOLDERS' FUNDS 1,974 (2,905)
For the year ending 31 January 2025 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 Kirk Stewart
Director
01/05/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ks-Elec Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10590545 . The registered office is Unit A16 Champions Business Park Arrowe Brook Road, Upton, Wirral, CH49 0AB.
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.
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:
Motor Vehicles 10% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
These accounts include a positive revaluation of motor vehicles of £16,449 to reflect the change to the depreciation policy to be used going forward of 10% reducing balance.
The previous depreciation policy of 25% reducting balance which did not reflect a true and fair depreciation policy of the motor vehicles within the accounts.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 3)
5 3
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4. Tangible Assets
Motor Vehicles
£
Cost or Valuation
As at 1 February 2024 77,896
Additions 22,990
As at 31 January 2025 100,886
Depreciation
As at 1 February 2024 33,035
Provided during the period 5,201
As at 31 January 2025 38,236
Net Book Value
As at 31 January 2025 62,650
As at 1 February 2024 44,861
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 66,058 11,974
Other debtors 86,121 58,261
152,179 70,235
Due after more than one year
Other debtors - 19,663
152,179 89,898
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 15,656 11,923
Trade creditors 34,129 31,464
Bank loans and overdrafts 39,413 15,684
Other creditors 17,350 2,697
Taxation and social security 75,136 26,216
181,684 87,984
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,589 11,649
Bank loans 32,578 41,518
53,167 53,167
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,656 11,923
Later than one year and not later than five years 20,589 11,649
36,245 23,572
36,245 23,572
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 1
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Kirk Stewart 58,261 30,348 31,000 - 57,609
The above loan is unsecured, has interest charged at 2.5% and is repayable on demand.
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