Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 23 June 2025 1 January 2024 31 December 2024 31 December 2024 04233535 Mr Daniel James Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04233535 2023-12-31 04233535 2024-12-31 04233535 2024-01-01 2024-12-31 04233535 frs-core:CurrentFinancialInstruments 2024-12-31 04233535 frs-core:ComputerEquipment 2024-12-31 04233535 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04233535 frs-core:ComputerEquipment 2023-12-31 04233535 frs-core:FurnitureFittings 2024-12-31 04233535 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04233535 frs-core:FurnitureFittings 2023-12-31 04233535 frs-core:MotorVehicles 2024-12-31 04233535 frs-core:MotorVehicles 2024-01-01 2024-12-31 04233535 frs-core:MotorVehicles 2023-12-31 04233535 frs-core:ShareCapital 2024-12-31 04233535 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04233535 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04233535 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04233535 frs-bus:SmallEntities 2024-01-01 2024-12-31 04233535 frs-bus:Audited 2024-01-01 2024-12-31 04233535 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04233535 frs-bus:Director1 2024-01-01 2024-12-31 04233535 frs-countries:EnglandWales 2024-01-01 2024-12-31 04233535 2022-12-31 04233535 2023-12-31 04233535 2023-01-01 2023-12-31 04233535 frs-core:CurrentFinancialInstruments 2023-12-31 04233535 frs-core:ShareCapital 2023-12-31 04233535 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04233535
KASTNER LONDON LIMITED
Financial Statements
For The Year Ended 31 December 2024
Headstart Financials Ltd
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Director Mr Daniel James Smith
Company Number 04233535
Registered Office C/O Laytons Llp 1st Floor, Yarnwicke
119-121 Cannon Street
London
England
EC4N 5AT
Accountants Headstart Financials Ltd
ICAEW
180 Borough High Street
London
SE1 1LB
Auditors Dixon Wilson Audit Services LLP
22 Chancery Lane
London
WC2A 1LS
Page 1
Page 2
Balance Sheet
Registered number: 04233535
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,775 7,591
8,775 7,591
CURRENT ASSETS
Stocks 5 - 4,650
Debtors 6 347,904 257,981
Cash at bank and in hand 369,825 257,311
717,729 519,942
Creditors: Amounts Falling Due Within One Year 7 (609,464 ) (502,774 )
NET CURRENT ASSETS (LIABILITIES) 108,265 17,168
TOTAL ASSETS LESS CURRENT LIABILITIES 117,040 24,759
NET ASSETS 117,040 24,759
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 116,940 24,659
SHAREHOLDERS' FUNDS 117,040 24,759
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.
These accounts have been prepared in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements were approved by the Board and authorised for issue on 19 June 2025 and were signed on its behalf by:
Mr Daniel James Smith
Director
19/06/2025
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
KASTNER LONDON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04233535 . The registered office is C/O Laytons Llp 1st Floor, Yarnwicke, 119-121 Cannon Street, London, England, EC4N 5AT.
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 financial statements have been prepared on a going concern basis. The company has received assurance from its parent undertaking that it will not call in loans until such time that the company has sufficient resources to repay its loan and it will provide additional funds to meet liabilities as and when they fall due.
2.3. Turnover
Turnover represents advertising work done for customers together with production cost reimbursements, excluding VAT. Work done for customers is recognised as earned and production cost reimbursements are recognised at the point when the costs are incurred.
2.4. 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 25% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33.33% on cost
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
2.6. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to sell. Cost is determined using the first-in, first-out (FIFO) method.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Tax expense comprises current and deferred tax. It is recognised in profit or loss except to the extent that it relates to a business combination, or items recognised directly in equity or in Statement of Other Comprehensive Income.
Current tax comprises the expected tax payable or receivable on the taxable income or loss for the year and any adjustment to the tax payable or receivable in respect of previous years. It is measured using tax rates enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. It is measured at the tax rates that are expected to be applied to temporary differences when they reverse, using tax rates enacted or substantively enacted at the reporting date.
2.9. Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Page 3
Page 4
2.10. Trade Debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.
2.11. Trade Creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
2.12. Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 12)
13 12
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 1,542 8,023 36,977 46,542
Additions - - 7,089 7,089
As at 31 December 2024 1,542 8,023 44,066 53,631
Depreciation
As at 1 January 2024 1,542 7,369 30,040 38,951
Provided during the period - 157 5,748 5,905
As at 31 December 2024 1,542 7,526 35,788 44,856
Net Book Value
As at 31 December 2024 - 497 8,278 8,775
As at 1 January 2024 - 654 6,937 7,591
5. Stocks
2024 2023
£ £
Finished goods - 4,650
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 292,988 178,763
Other debtors 54,916 79,218
347,904 257,981
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 161,615 139,201
Amounts owed to group undertakings 242,009 241,092
Other creditors 145,491 101,950
Taxation and social security 60,349 20,531
609,464 502,774
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Contingent Liabilities
2024 2023
£ £
At the end of the period 87,041 84,172
Financial commitments not included in the balance sheet
10. Audit Information
The audit report on the full accounts of KASTNER LONDON LIMITED for the year ended 31 December 2024 was unqualified and no reference was made to any matters to which the auditor drew attention by way of emphasis.
The auditor's report was signed by Steven Wakefield (Senior Statutory Auditor) for and on behalf of Dixon Wilson Audit Services LLP , Statutory Auditor.
Dixon Wilson Audit Services LLP
22 Chancery Lane
London
WC2A 1LS
Page 5