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 10007812 Mr K Jabou Mr G B Stein Mr D J Yearsley Stronachs Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10007812 2023-12-31 10007812 2024-12-31 10007812 2024-01-01 2024-12-31 10007812 frs-core:CurrentFinancialInstruments 2024-12-31 10007812 frs-core:Non-currentFinancialInstruments 2024-12-31 10007812 frs-core:PlantMachinery 2024-12-31 10007812 frs-core:PlantMachinery 2024-01-01 2024-12-31 10007812 frs-core:PlantMachinery 2023-12-31 10007812 frs-core:ShareCapital 2024-12-31 10007812 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10007812 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10007812 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10007812 frs-bus:SmallEntities 2024-01-01 2024-12-31 10007812 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10007812 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10007812 frs-bus:Director1 2024-01-01 2024-12-31 10007812 frs-bus:Director2 2024-01-01 2024-12-31 10007812 frs-bus:Director3 2024-01-01 2024-12-31 10007812 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 10007812 frs-countries:EnglandWales 2024-01-01 2024-12-31 10007812 2022-12-31 10007812 2023-12-31 10007812 2023-01-01 2023-12-31 10007812 frs-core:CurrentFinancialInstruments 2023-12-31 10007812 frs-core:Non-currentFinancialInstruments 2023-12-31 10007812 frs-core:ShareCapital 2023-12-31 10007812 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10007812
Kaelo Manufacturing 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: 10007812
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,995 32,900
20,995 32,900
CURRENT ASSETS
Stocks 5 374,068 274,307
Debtors 6 1,574,278 1,006,104
Cash at bank and in hand 22,554 21,255
1,970,900 1,301,666
Creditors: Amounts Falling Due Within One Year 7 (334,115 ) (447,968 )
NET CURRENT ASSETS (LIABILITIES) 1,636,785 853,698
TOTAL ASSETS LESS CURRENT LIABILITIES 1,657,780 886,598
Creditors: Amounts Falling Due After More Than One Year 8 (3,158,819 ) (2,148,560 )
NET LIABILITIES (1,501,039 ) (1,261,962 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (1,501,040 ) (1,261,963 )
SHAREHOLDERS' FUNDS (1,501,039) (1,261,962)
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
Kaelo Manufacturing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10007812 . 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. 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:
Plant & Machinery 20% on Cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
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.
...CONTINUED
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2.5. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 8)
4 8
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 186,200
As at 31 December 2024 186,200
Depreciation
As at 1 January 2024 153,300
Provided during the period 11,905
As at 31 December 2024 165,205
Net Book Value
As at 31 December 2024 20,995
As at 1 January 2024 32,900
5. Stocks
2024 2023
£ £
Stock 374,068 274,307
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 226,911 172,503
Due after more than one year
Amounts owed by group undertakings 1,347,367 833,601
1,574,278 1,006,104
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 34,931 158,785
Other loans 275,934 275,934
Other creditors 17,721 13,249
Taxation and social security 5,529 -
334,115 447,968
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 3,158,819 2,148,560
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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