Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07278067 Miss G Penketh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07278067 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-06-30 07278067 2023-06-30 07278067 2024-06-30 07278067 2023-07-01 2024-06-30 07278067 frs-core:CurrentFinancialInstruments 2024-06-30 07278067 frs-core:Non-currentFinancialInstruments 2024-06-30 07278067 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 07278067 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 07278067 frs-core:ShareCapital 2024-06-30 07278067 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07278067 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07278067 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07278067 frs-bus:SmallEntities 2023-07-01 2024-06-30 07278067 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 07278067 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07278067 frs-bus:Director1 2023-07-01 2024-06-30 07278067 frs-countries:EnglandWales 2023-07-01 2024-06-30 07278067 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-06-30 07278067 2022-06-30 07278067 2023-06-30 07278067 2022-07-01 2023-06-30 07278067 frs-core:CurrentFinancialInstruments 2023-06-30 07278067 frs-core:Non-currentFinancialInstruments 2023-06-30 07278067 frs-core:ShareCapital 2023-06-30 07278067 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07278067
Kathryn Charles Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Kathryn Charles Limited for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Kathryn Charles Limited for the year ended 30 June 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Kathryn Charles Limited , as a body, in accordance with the terms of our engagement letter dated 27 March 2024. Our work has been undertaken solely to prepare for your approval the accounts of Kathryn Charles Limited and state those matters that we have agreed to state to the director of Kathryn Charles Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kathryn Charles Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that Kathryn Charles Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Kathryn Charles Limited . You consider that Kathryn Charles Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Kathryn Charles Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
ERC Accountants and Business Advisers Limited
26 June 2025
ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Page 1
Page 2
Balance Sheet
Registered number: 07278067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 517,632 517,632
517,632 517,632
CURRENT ASSETS
Debtors 5 454 353
Cash at bank and in hand 330 9,551
784 9,904
Creditors: Amounts Falling Due Within One Year 6 (207,557 ) (457,397 )
NET CURRENT ASSETS (LIABILITIES) (206,773 ) (447,493 )
TOTAL ASSETS LESS CURRENT LIABILITIES 310,859 70,139
Creditors: Amounts Falling Due After More Than One Year 7 (47,858 ) (51,672 )
NET ASSETS 263,001 18,467
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 262,901 18,367
SHAREHOLDERS' FUNDS 263,001 18,467
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For the year ending 30 June 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 director acknowledges her 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
Miss G Penketh
Director
26 June 2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Kathryn Charles Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07278067 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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.
2.3. Investment Properties
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2.5. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.6. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are
recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 July 2023 517,632
As at 30 June 2024 517,632
Net Book Value
As at 30 June 2024 517,632
As at 1 July 2023 517,632
The investment properties were valued at 30th June 2024 by Mr S Kenny, director, at the carrying value above of £517,632.
This valuation is still deemed to be accurate and correctly reflects the fair value of the investment properties at the year end date.
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 454 353
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 3,986 3,986
Corporation tax 3,227 2,535
Other creditors - 231,123
Accruals and deferred income 2,172 2,040
Director's loan account 198,172 217,713
207,557 457,397
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 47,858 51,672
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 31,914 35,727
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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9. Related Party Transactions
The following related party transactions were undertaken during the year:
A director and shareholder introduced amounts in the year totalling £312 (2023: £90,312). The director withdrew amounts in the year totalling £19,853 (2023: £Nil). At the balance sheet date the amount payable to the director was £198,172 (2023: £217,713). 
No dividends were paid to the directors in respect of their shareholdings.
The aggregate remuneration paid to key management personnel for the year was £Nil.
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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