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 10711821 Mr Benjamin Carter Mr Gavin Delaney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10711821 2023-12-31 10711821 2024-12-31 10711821 2024-01-01 2024-12-31 10711821 frs-core:CurrentFinancialInstruments 2024-12-31 10711821 frs-core:Non-currentFinancialInstruments 2024-12-31 10711821 frs-core:ComputerEquipment 2024-12-31 10711821 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10711821 frs-core:ComputerEquipment 2023-12-31 10711821 frs-core:SharePremium 2024-12-31 10711821 frs-core:ShareCapital 2024-12-31 10711821 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10711821 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10711821 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10711821 frs-bus:SmallEntities 2024-01-01 2024-12-31 10711821 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10711821 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10711821 frs-bus:Director1 2024-01-01 2024-12-31 10711821 frs-bus:Director2 2024-01-01 2024-12-31 10711821 frs-countries:EnglandWales 2024-01-01 2024-12-31 10711821 2022-12-31 10711821 2023-12-31 10711821 2023-01-01 2023-12-31 10711821 frs-core:CurrentFinancialInstruments 2023-12-31 10711821 frs-core:Non-currentFinancialInstruments 2023-12-31 10711821 frs-core:SharePremium 2023-12-31 10711821 frs-core:ShareCapital 2023-12-31 10711821 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10711821
Kalgera Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Finerva
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10711821
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 250 2,146
250 2,146
CURRENT ASSETS
Debtors 5 5,007 9,675
Cash at bank and in hand 3,350 432
8,357 10,107
Creditors: Amounts Falling Due Within One Year 6 (22,471 ) (8,039 )
NET CURRENT ASSETS (LIABILITIES) (14,114 ) 2,068
TOTAL ASSETS LESS CURRENT LIABILITIES (13,864 ) 4,214
Creditors: Amounts Falling Due After More Than One Year 7 (23,033 ) (32,849 )
NET LIABILITIES (36,897 ) (28,635 )
CAPITAL AND RESERVES
Called up share capital 8 112 104
Share premium account 1,211,819 1,038,590
Profit and Loss Account (1,248,828 ) (1,067,329 )
SHAREHOLDERS' FUNDS (36,897) (28,635)
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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.
The financial statements were approved by the board of directors on 24 June 2025 and were signed on its behalf by:
Mr Benjamin Carter
Director
24 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Kalgera Limited is a private company,  limited by shares, incorporated in England & Wales, registered number 10711821 . The registered office is 34b York Way, King's Cross, England, N1 9AB.
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 directors have received commitments from investors for future investment in the company. Based on this, notwithstanding net liabilities of £36,897, they believe that the company’s financial statements should be prepared on a going concern basis, on the grounds that current and future sources of funding will be adequate to meet the company’s needs for a period of at least 12 months from the date of approval of these financial statements. The financial statements do not include any adjustments that may result if the future funding is not received.
2.3. Turnover
Revenue is recognised to the extent that it is probable economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue from a contract to provide services is recognised in the period in which the services are provided.
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:
Computer Equipment 3 years on a straight line basis
The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. 
Repairs and maintenance costs are charged to profit or loss during the period in which they are incurred. 
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. 
At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined, which is the higher of its fair value less costs to sell and its value in use. Any impairment loss is recognised immediately as an expense within the profit or loss. 
2.5. Financial Instruments
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.
Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised within profit or loss.
For financial assets that are measured at amortised cost, the impairment loss is measured as the difference between the asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset’s carrying amount and the best estimate of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.
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2.6. 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.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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.
Current tax for the year is recognised in profit or loss.
2.8. Pensions
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions in a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss in the periods during which services are rendered by employees.
2.9. Research and Development costs
Expenditure on research and development is recognised as an expense in the profit and loss account in the year it is incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was 3 (2023: 3)
3 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 14,197
As at 31 December 2024 14,197
Depreciation
As at 1 January 2024 12,051
Provided during the period 1,896
As at 31 December 2024 13,947
Net Book Value
As at 31 December 2024 250
As at 1 January 2024 2,146
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 5,007 9,675
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 670
Bank loans and overdrafts 8,494 5,209
Other creditors 13,277 2,160
Taxation and social security 700 -
22,471 8,039
Included within other creditors are outstanding pension contributions of £267 (2023: £333)
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 23,033 32,849
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 112 104
9. Post Balance Sheet Events
The company has raised funds of £112,742 since 31 December 2024 by the issue of further share capital.
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