Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07151632 Mr D J Yearsley Mr K Jabou Mr G B Stein Mr T R Price Mr N L Collen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07151632 2023-12-31 07151632 2024-12-31 07151632 2024-01-01 2024-12-31 07151632 frs-core:CurrentFinancialInstruments 2024-12-31 07151632 frs-core:Non-currentFinancialInstruments 2024-12-31 07151632 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 07151632 frs-core:OtherResidualIntangibleAssets 2024-12-31 07151632 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 07151632 frs-core:OtherResidualIntangibleAssets 2023-12-31 07151632 frs-core:SharePremium 2024-12-31 07151632 frs-core:ShareCapital 2024-12-31 07151632 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07151632 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07151632 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07151632 frs-bus:SmallEntities 2024-01-01 2024-12-31 07151632 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07151632 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07151632 frs-core:CostValuation 2023-12-31 07151632 frs-core:CostValuation 2024-12-31 07151632 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 07151632 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 07151632 frs-bus:Director1 2024-01-01 2024-12-31 07151632 frs-bus:Director2 2024-01-01 2024-12-31 07151632 frs-bus:Director3 2024-01-01 2024-12-31 07151632 frs-bus:Director4 2024-01-01 2024-12-31 07151632 frs-bus:Director5 2024-01-01 2024-12-31 07151632 frs-countries:EnglandWales 2024-01-01 2024-12-31 07151632 2022-12-31 07151632 2023-12-31 07151632 2023-01-01 2023-12-31 07151632 frs-core:CurrentFinancialInstruments 2023-12-31 07151632 frs-core:Non-currentFinancialInstruments 2023-12-31 07151632 frs-core:SharePremium 2023-12-31 07151632 frs-core:ShareCapital 2023-12-31 07151632 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07151632
Kaezen Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Grenfell James Associates Limited
13 The Courtyard Timothys Bridge Road
Stratford Enterprise Park
Stratford-Upon-Avon
Warwickshire
CV37 9NP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07151632
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 116,658 127,132
Investments 5 5 5
116,663 127,137
CURRENT ASSETS
Debtors 6 5,493,975 4,501,909
5,493,975 4,501,909
Creditors: Amounts Falling Due Within One Year 7 (643,832 ) (714,845 )
NET CURRENT ASSETS (LIABILITIES) 4,850,143 3,787,064
TOTAL ASSETS LESS CURRENT LIABILITIES 4,966,806 3,914,201
Creditors: Amounts Falling Due After More Than One Year 8 (942,317 ) (1,091,990 )
NET ASSETS 4,024,489 2,822,211
CAPITAL AND RESERVES
Called up share capital 9 155,626 20,170
Share premium account 4,859,069 3,656,400
Profit and Loss Account (990,206 ) (854,359 )
SHAREHOLDERS' FUNDS 4,024,489 2,822,211
Page 1
Page 2
For the year ending 31 December 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 D J Yearsley
Director
06/06/2025
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
Kaezen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07151632 . The registered office is 13 The Courtyard Timothys Bridge Road, Stratford Enterprise Park, Stratford-Upon-Avon, Warwickshire, CV37 9NP.
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 director of the company has confirmed that sufficient financial support will be provided to enable this company to continue its operations for a period of not less than 12 months from the date the balance sheet is signed and accordingly the financial statements are prepared on a going concern
basis.
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 or impairment losses.
Patent costs are amortised to the profit and loss account over the estimated economic life of ten years.
2.4. 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 year, 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
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 196,673
Additions 8,805
As at 31 December 2024 205,478
Amortisation
As at 1 January 2024 69,541
Provided during the period 19,279
As at 31 December 2024 88,820
Net Book Value
As at 31 December 2024 116,658
As at 1 January 2024 127,132
5. Investments
Subsidiaries
£
Cost
As at 1 January 2024 5
As at 31 December 2024 5
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 5
As at 1 January 2024 5
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 195,635 165,488
Due after more than one year
Amounts owed by group undertakings 5,298,340 4,336,421
5,493,975 4,501,909
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,526 34,125
Other creditors 639,306 680,720
643,832 714,845
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 452,217 969,308
Amounts owed to group undertakings 490,100 122,682
942,317 1,091,990
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 155,626 20,170
Page 5