Kage Systems Ltd. 07940930 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is information technology services. Digita Accounts Production Advanced 6.30.9574.0 true false 07940930 2024-01-01 2024-12-31 07940930 2024-12-31 07940930 core:CurrentFinancialInstruments 2024-12-31 07940930 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07940930 core:PlantMachinery 2024-12-31 07940930 bus:SmallEntities 2024-01-01 2024-12-31 07940930 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 07940930 bus:FilletedAccounts 2024-01-01 2024-12-31 07940930 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07940930 bus:RegisteredOffice 2024-01-01 2024-12-31 07940930 bus:Director3 2024-01-01 2024-12-31 07940930 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07940930 core:PlantMachinery 2024-01-01 2024-12-31 07940930 1 2024-01-01 2024-12-31 07940930 countries:EnglandWales 2024-01-01 2024-12-31 07940930 2023-12-31 07940930 core:PlantMachinery 2023-12-31 07940930 2023-01-01 2023-12-31 07940930 2023-12-31 07940930 core:CurrentFinancialInstruments 2023-12-31 07940930 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07940930 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 07940930

Kage Systems Ltd.

Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Kage Systems Ltd.

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Kage Systems Ltd.

(Registration number: 07940930)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

7

9

Current assets

 

Debtors

5

35,580

30,787

Cash at bank and in hand

 

151

2,033

 

35,731

32,820

Creditors: Amounts falling due within one year

6

(1,778)

(2,277)

Net current assets

 

33,953

30,543

Net assets

 

33,960

30,552

Capital and reserves

 

Called up share capital

2,500

2,500

Retained earnings

31,460

28,052

Shareholders' funds

 

33,960

30,552

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 26 June 2025
 

.........................................
Mr J Gault
Director

 

Kage Systems Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

The principal place of business is:
12 – 14 Avenue Louis Armand
95 120 Ermont
France

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Kage Systems Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured. Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% on reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Kage Systems Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 January 2024

280

280

At 31 December 2024

280

280

Depreciation

At 1 January 2024

271

271

Charge for the year

2

2

At 31 December 2024

273

273

Carrying amount

At 31 December 2024

7

7

At 31 December 2023

9

9

5

Debtors

Current

2024
£

2023
£

Trade debtors

24,119

17,746

Other debtors

11,461

13,041

 

35,580

30,787

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

1,778

2,277

7

Parent and ultimate parent undertaking

The company's immediate parent is Altilink, incorporated in France.

 The registered address of Altilink is 10 Avenue Louise Armand, Ermont, France, 95120.