Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 02899702 D I Swift J Swift iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02899702 2024-02-29 02899702 2025-02-28 02899702 2024-03-01 2025-02-28 02899702 frs-core:CurrentFinancialInstruments 2025-02-28 02899702 frs-core:Non-currentFinancialInstruments 2025-02-28 02899702 frs-core:BetweenOneFiveYears 2025-02-28 02899702 frs-core:ComputerEquipment 2025-02-28 02899702 frs-core:ComputerEquipment 2024-03-01 2025-02-28 02899702 frs-core:ComputerEquipment 2024-02-29 02899702 frs-core:FurnitureFittings 2025-02-28 02899702 frs-core:FurnitureFittings 2024-03-01 2025-02-28 02899702 frs-core:FurnitureFittings 2024-02-29 02899702 frs-core:MotorVehicles 2025-02-28 02899702 frs-core:MotorVehicles 2024-03-01 2025-02-28 02899702 frs-core:MotorVehicles 2024-02-29 02899702 frs-core:WithinOneYear 2025-02-28 02899702 frs-core:ShareCapital 2025-02-28 02899702 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 02899702 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 02899702 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 02899702 frs-bus:SmallEntities 2024-03-01 2025-02-28 02899702 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 02899702 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 02899702 frs-bus:Director1 2024-03-01 2025-02-28 02899702 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 02899702 frs-countries:EnglandWales 2024-03-01 2025-02-28 02899702 2023-02-28 02899702 2024-02-29 02899702 2023-03-01 2024-02-29 02899702 frs-core:CurrentFinancialInstruments 2024-02-29 02899702 frs-core:Non-currentFinancialInstruments 2024-02-29 02899702 frs-core:BetweenOneFiveYears 2024-02-29 02899702 frs-core:WithinOneYear 2024-02-29 02899702 frs-core:ShareCapital 2024-02-29 02899702 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Keydata Solutions Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02899702
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,938 56,744
52,938 56,744
CURRENT ASSETS
Debtors 5 30,519 25,590
Cash at bank and in hand 45,302 35,418
75,821 61,008
Creditors: Amounts Falling Due Within One Year 6 (82,786 ) (55,245 )
NET CURRENT ASSETS (LIABILITIES) (6,965 ) 5,763
TOTAL ASSETS LESS CURRENT LIABILITIES 45,973 62,507
Creditors: Amounts Falling Due After More Than One Year 7 (31,672 ) (46,060 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,181 ) (9,110 )
NET ASSETS 5,120 7,337
CAPITAL AND RESERVES
Called up share capital 9 250 250
Profit and Loss Account 4,870 7,087
SHAREHOLDERS' FUNDS 5,120 7,337
Page 1
Page 2
For the year ending 28 February 2025 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.
The financial statements were approved by the board of directors on 17 June 2025 and were signed on its behalf by:
D I Swift
Director
17 June 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
Keydata Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02899702 . The registered office is 38 Azerley Grove , Harrogate, North Yorkshire, HG3 2SY.
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. 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 4 year straight line
Fixtures & Fittings 15% reducing balance
Computer Equipment 20% reducing balance
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.
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.
...CONTINUED
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2.5. Taxation - continued
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 (2024: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 54,290 11,571 60,326 126,187
Additions - - 7,900 7,900
Disposals - - (1,756 ) (1,756 )
As at 28 February 2025 54,290 11,571 66,470 132,331
Depreciation
As at 1 March 2024 7,996 9,350 52,097 69,443
Provided during the period 7,996 333 3,188 11,517
Disposals - - (1,567 ) (1,567 )
As at 28 February 2025 15,992 9,683 53,718 79,393
Net Book Value
As at 28 February 2025 38,298 1,888 12,752 52,938
As at 1 March 2024 46,294 2,221 8,229 56,744
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 30,367 25,438
Other debtors 152 152
30,519 25,590
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,388 4,033
Trade creditors 4,906 5,088
Bank loans and overdrafts 10,000 10,000
Other creditors 26,499 7,811
Taxation and social security 36,993 28,313
82,786 55,245
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 28,338 32,726
Bounce Back Loan > 1 year 3,334 13,334
31,672 46,060
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,388 4,033
Later than one year and not later than five years 28,338 32,726
32,726 36,759
32,726 36,759
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 250 250
Page 5