Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 04248392 Mr Lloyd Baker Mr Harvey Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04248392 2023-07-31 04248392 2024-07-31 04248392 2023-08-01 2024-07-31 04248392 frs-core:PlantMachinery 2024-07-31 04248392 frs-core:PlantMachinery 2023-08-01 2024-07-31 04248392 frs-core:PlantMachinery 2023-07-31 04248392 frs-core:ShareCapital 2024-07-31 04248392 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04248392 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04248392 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 04248392 frs-bus:SmallEntities 2023-08-01 2024-07-31 04248392 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04248392 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04248392 frs-bus:Director1 2023-08-01 2024-07-31 04248392 frs-bus:Director2 2023-08-01 2024-07-31 04248392 frs-countries:EnglandWales 2023-08-01 2024-07-31 04248392 2022-07-31 04248392 2023-07-31 04248392 2022-08-01 2023-07-31 04248392 frs-core:ShareCapital 2023-07-31 04248392 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04248392
Kung Fu Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
CLIVE G. CHADNEY LIMITED
108 Sandford Road
Chelmsford
CM2 6DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04248392
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 366 431
366 431
CURRENT ASSETS
Cash at bank and in hand 12 29
12 29
Creditors: Amounts Falling Due Within One Year 5 (236,905 ) (237,264 )
NET CURRENT ASSETS (LIABILITIES) (236,893 ) (237,235 )
TOTAL ASSETS LESS CURRENT LIABILITIES (236,527 ) (236,804 )
NET LIABILITIES (236,527 ) (236,804 )
CAPITAL AND RESERVES
Called up share capital 6 3 3
Profit and Loss Account (236,530 ) (236,807 )
SHAREHOLDERS' FUNDS (236,527) (236,804)
Page 1
Page 2
For the year ending 31 July 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 Lloyd Baker
Director
17 April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kung Fu Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04248392 . The registered office is 108 Sandford Road, Chelmsford, Essex, CM2 6DH.
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 allowance.
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 Straight Line Basis 15%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 11,620
As at 31 July 2024 11,620
Depreciation
As at 1 August 2023 11,189
Provided during the period 65
As at 31 July 2024 11,254
Net Book Value
As at 31 July 2024 366
As at 1 August 2023 431
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 236,905 237,264
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 4